XLM + IBM COMBO CONFIRMED BY THE MERKLEXLM + IBM COMBO CONFIRMED BY THE MERKLE
Will it Moon?
According to The Merkle, IBM's VP confirmed that Stellar is a "big" part of the company's IBM blockchain platform strategy. Check out the news report.
We all saw how IOTA mooned with the news of the unconfirmed partnership with Microsoft back in December.
Lets take a look at the TA action for XLM at this moment. XLM has retraced to the .236 fib level along with many other ALTS on 3/18. Setting up a the first wave to complete and a healthy .5 fib retracement of the first wave.
Momentum is on on our favor if XLM bounces off the 20 on the STOCH RSI.
BUY-IN around 26xx stats. T1 @ 3700 stats. T2 @ 4254 - 4913 stats if the hype builds up. We could see XLM finishing it's run at T3 @ 5979 stats.
Right now would be a time to buy in with a comfortable stop loss to see how this plays out.
***What's BTC doing? BTC looks like it's found it's bottom (for now) at 7730 USD aT a 0.236 fib retracement form 9176 USD). BTC looking it will go on a run on it's own for the next few days as it will retest the 9k and 10k mark.
This analysis is for educational purposes only and not financial advice.
The Unicorn of the Sea
- Narwhal
