obsidianram

Pattern Continues or it Doesn't...

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BITTREX:XLMUSD   Stellar Lumens
Following up on the previous chart, here's the continuation update...and it looks like it's right on schedule. From appearances, it would seem XLM stands a good chance of hitting a peak on or about 19/20 APR, just as the bi-weekly cycle tends to suggest, and a week later hit its' trough (around 27 APR). I'm assuming a pull-back to around the indicated level, based on accumulated bottoms of previous resistances and support levels. How much of a bounce it gets afterward will depend on how much determination the bulls regain after catching their breath, but I feel certain the overall movement and mood behind this swing has become positive for the near term.
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