mfibbs

PART#8 THE BEARISH FINISH OF XLM!! THE XLM OUTLET!!!

mfibbs Updated   
KRAKEN:XLMUSD   Lumen
What's up Trader's, investor's and delusional moonboyz! Here is another update on XLM! Sheesh!! A lot has happened in 2 days. So my bullish gartley went out the window days ago. It was just an idea and anyone with half a brain should have realized we were bearish. That's why I felt no need to put up a bullish chart. I will though when this correction is over. I posted a few trades in real time and I actually came out on top with a $858 profit even though I screwed one up where I had a stop loss set at $.29 and I was about to get stopped out but I held and rode the next wave up closing my trade at a loss that wasn't bad from my 40,000 xlm purchase at $31.2. However I profited on the two trades before that which I did post in real time. So I'm glad it worked out and we are sitting pretty with buy opportunities ahead! I think everyone bought at $.27 and were very surprised when it rolled over. I picked up some at that price but only 10,000 because I'm waiting for the end. I will be buying at $24.4 and ride wave 4 of the C wave up to the .382 fib level. If we finished already, we would be pumping and that's not the case. Going back to my last analysis I had wave 2 going much higher than $.35 and it didn't. It only retraced below the .382 and that is so bearish. All my software was pointing to $.38. We are in a bearish market right now which is good for us to gobble up more XLM. I gave you guys a warning on the last analysis that if we didn't break above $.34 to get out of XLM. I hope you listened!! Let's see how low this will go. I hope my analysis helps you guys. Happy trading and good luck guys!
Comment:
Wave 3 finished at $.227 on my chart. I bought 40000 Xlm higher at $24.4 at the end of wave 3 of 3 and another20,000 at $.229 as my dollar cost averaging at the end of wave 3. So I’m in at 70000 Xlm at a cost of $.243 since I bought 10000 Xlm at $.27. I will be looking to sell at the top of wave 4 and buy up at the bottom or hope we are done and go to the moon! Lol
Comment:
I will always tell you guys what I’m doing in real time. Even if I’m wrong, I will never tell you what to do with your money as this is not financial advice. Not many analysts post there trades. Half of them are scared shit to put there money where there analysis says.

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