shimmeringpath

Cup This XLM/BTC #Stellar $XLM #XLM

BINANCE:XLMBTC   Stellar / Bitcoin
Here we see our XLM weekly chart from Binance. Today we pushed up over 900 sats again and are coming right to the bottom edge of the weekly Ichimoku cloud . Before long we should break through and into that cloud.But I still feel this is developing into a Cup and Handle pattern also, just as a few other charts also have . It won't be long ,once we are inside the cloud , that we will run up to the .236 fib at 1926 sats. Target above that is a strong resistance near the .382 fib near 2862 . After that we should run up to that blue line which is basically the lip of the cup ( as well as our .5 fib ) near 3619 . Once we can actually break above that area the target of the Cup and Handle pattern should be near 6790 . Now that is like 7 and a half times up from where we are now and that could take awhile . I can't guarantee how long that might take but XLM does seem to be on the way up .

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