Technical view of XLM - Bullish view

Feb 13, 2021

Here I use a combination of patterns, rsi, stoch, fib, and bottom channel. XLM is always a good hedge against XRP. Both will do pretty successful in the coming years so I see no reason why we cant make new highs. Overall here is a short-term view to $1 and possibly higher. Target shows 1.618 on the daily as a TP zone of $2.74 could be achievable. Patience will pay hodl away.

Feb 13, 2021

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We may also make an expanding flat here once we get close to and/or hit $1 - this pattern would look like the pattern showing from DEC 2017 - 2018 instead of it squeezing we could expand like a cone < google expanding flats. You can find many of these sentiment reactive patterns across a lot of charts. Use Monthly and Weekly and Daily support zones for your entries they work well. Lets hope we follow this channel up!

Feb 13, 2021

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Please like, support, and share thoughts and your charts below! Thanks everyone! And please be kind :)

Feb 13, 2021

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above txt correction: On wave 4 - 5