Everything is going as "predicted" on technical analysis. XLM "always" depends on their own press releases/newsletters to pump a lot but overall is still bullish. Reaching ATH is a real target ($.87) on this upcoming cycle and we should use FB retracement to see how long we can be. There are some predictions on XLM like 5USD in March 2021. I'm bullish but this would be something like go beyond the moon to be among the stars (Stellars). At the moment we're able to pump 229% until ATH. Let's see and enjoy the ride. Hope you enjoyed it. NOT TRADING ADVICE. Do your own research.
And again. Breakout of a Bullish Pennant on the way (+ W pattern). Check target on chart:
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We migth face resistance on $.60 (previous cycle) migth forming a bearish descending triangle! let's see how it goes. Good luck on tradings
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Inverse Head&Shoulders rejected by ....
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Descending triangle! I hope bulls come after BTC run on ATH near FB level around 50k. We need them now because of this bearish descending triangle.
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Sorry! The last chart is in EUR, not USD, but you get the point. Keep focus, the time is now. Maybe we are doing a fractal from previous "peaks" that we went down for 2 FB levels ("as usual") Idea from LinoCerrus: Let's see!
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Next 6h30 will be crucial for XLM, either to go north, either to go south! What do you believe that will do? Despite this analysis what else to consider?
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Or the next candle (4H) would be a "Morning Dojing Star" or we will be going down.
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