STELLAR Lumens (XLM/USD) Target $0.131 (101% Profit Potential); XLM/BTC Target 0.0000470 BTC (5.5x Profit Potential)
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SUMMARY
Stellar Lumens (XLM/USD) is correcting after a five wave run. It exceeded my prior target of $0.093. The correction has more to go as shown by the a,b,c waves. But, it's a correction and so the prior trend of up is expected to resume towards $0.131 target or 101% profit potential from current levels.
The XLM/BTC is displaying a beautiful bowl pattern whenever there is a bowl pattern, I look for a handle formation for a Cup & Handle bullish setup. As XLM/BTC has be lagging behind in its price run compared to the XLM/USD; we should see it run towards 0.0000470 BTC target of 5.5x Profit Potential!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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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.**
Thanks for your prediction. I will buy more XLM.
Hey, Haejin, you know if you promote Busy.org, users can transfer STEEM to you directly?
well post i like it thanks for shearing
when can we expect your other projections to lift off ? (i.e., vertcoin, monero, steem ?) do you believe they all coincide with btc value?
I hope so ;) Thanks for the info...
are we reaching B now? Im not so sure because of that first big move back up to the top
Thank you Haejin!
Haejin where do u see laddering in for next impulse up? Thank you!
Hi Haejin, I am hoping you can clear something up for me which has me confused. Perhaps it will sounds stupid, however I dont get the difference with prices USD vs BTC. For example you have new blog of GRS predicting a possible price of $1.39, but then .000381 BTC which at the current price is equivalent to $3.69 USD. Why is there a difference, shouldn't the only difference occur after a transaction, when BTC fluctuates, should at the time the prices equate to the same aount, sorry so confused on this one....
HaeJin this is my ta for the retracement now let me know what you think.
I was thinking ABC but the C here didn't go lower than the A so then thought Triangle abcde. I ended up buying the bottom of A thinking it was C, my mistake.
https://www.coinigy.com/s/i/5a22f57a60bb6/