BITTREX:XLMUSD   Lumen / Dollar (calculated by TradingView)
Stellar             Lumen ( XLM             ) is providing a potential to capture the terminal end of a correction, which is the best time to cast an entry ladder. The chart below shows XLM             having completed a five wave impulse (white). Elliott Waves states that after every five wave move, there is a requisite retracement. This corrective rerace can come as an abc zigzag , abc flat, traingle or complex combination. XLM             has clearly selected the triangle motive. The abcde (red) waves are shown, each with its subwaves (white). So, what's next?
The below chart shows the next potential price move (blue line). A breakout from the triangle pattern would be quite bullish , especially given how proximal price is to the Apex; the point at which the two triangle lines intersect. Closer price is to the apex, more likely a price explosion is to occur. Target for wave 5 is $0.84
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out