STELLAR LUMENS (XLM) is undergoing a healthy correction, then UP RESUMES! Check out this analysis!steemCreated with Sketch.

in #bitcoin7 years ago

Stellar Lumens is undergoing a very healthy and needed correction. XLM placed five impulse waves as shown below and now the a,b,c, (red) is progressing. The correction is channeling within the two white lines. A one more lower low to $0.0065 is expected and once price breaches the upper white line, the upwards resumption should occur.

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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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Thank you for sharing :) Best wishes!
- @splendor

BQX abc is done, ok. But my question is: is wave 1 placed or not, because if we label wave 2 at its lowest (post abc) at any point in this new cycle - it is invalidating everything before because it is way lower from where wave 1 started. (?)

Hi, nice article. followed
I did some T&A of my own https://steemit.com/trading/@gazur/what-s-up-with-stellar-lumens-xml
Post feedback, upvote & follow

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