I hate XLM, but the long term chart looks good. I've never made money by holding xlm, which is enough warning for you to not take this idea seriously. there's a 5 wave game at play. we've completed wave 1 and 2. wave 3 target is 5 dollars. wave 4 target is 1 dollar and twenty cents. wave 5 target is 18 dollars. i have used fib retracements and extensions to come up with those targets. and if you didn't know, fibonacci ratios are probabilities in this chart. i'd have to make another chart for how i've used fib ratios in this chart.
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XLM is officially in an uptrend against XRP. wave 1 and 3 were the same size. im expecting the 5th wave to be 161.8% of wave 1. that gives us a 0.37 ratio, which means if alt season begins within the next few weeks and XRP reaches the 2 dollar resistance level XLM could potentially hit 71 cents a piece. that's only if XLM to XRP ratio goes up to at least 0.37 which is a very realistic target and XRP hits 2 dollars which is a major resistance level.
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.