$XLM Stellar Lumens is only up 116% from its low, has so much room to grow upside. Now forming a bull flag at a resistance line, ready to pop when $BTC start to chill and go sideways along with $XRP pump and other midcaps coin pump.
BTC/USD Elliot wave count, BitMex Rate. Can push toward 9.9k / 10k for final fifth wave then probably will start to make correction of the entire wave 1, expect alt season to follow after that.
Uptrend channel holding for quite many times, expect bounce this time too, nice R/R for long, stop loss will be below the uptrend line after candle close confirmation. TP 1 will be in the middle line of the uptrend channel, TP 2 aim for the high of the channel.
On the way wave 3, hope XLM can make it to perfect Elliot impulse wave
So the fifth wave that i drawed yesterday is not over , and it more make sense to make long third wave, and now the 5th is over. Looking for a correction to buyback, but we don't know it will bounce at what level of fibonacci, so it can range from 0.618 to 0.238 if it's that bullish.
Based on elliot wave it's now at wave 5, create a nice up trend line channel. Let we see if it will go there.. Resistance at 12,5k
(Short Term) As we can see before at wave 1, it forms a beautiful 5 wave that almost perfectly matches with elliot wave and fibonaccy's rule. It goes down to correction as it reaches at 1.618 Fibonacci extension. If you want to open a position, I think you can buy back safely around 0.618 to 0.382 Fibonacci retracement, and ride it to the way it will go to wave...
Hold Ethereum Classic ( ETC ) until it Callisto fork, will give you 50% profit with Elliot wave and Fibonacci rule technical analysis. We can see that wave 2 correction bounce at 6.18 fibonacci number, which is a golden number as we know.