BitBookkeeper

#XLM Fib based extension.

Long
BitBookkeeper Updated   
COINBASE:XLMUSD   Stellar
XLM is about to close a third day above the triangle break point and is likely to close above $0.40 on the 4 hour candle and the Daily Candle. This is a very bullish sign. Zooming out here to the daily candle one sees that XLM bounced off of the .618 fib retracement level. Noting that, I believe that a one to one extension would not be out of the question here. My target is very conservative actually since there is no resistance until $0.92....my point is for you to take some profits along the way....always have an exit plan to unwind your trade and keep your profits! These are hard won! GOOD LUCK!
Trade active:
Right on track....

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