XLM Stellar is at the moment finishing the C wave of the second wave.
As you can see the fib retracement shows that the current price is at the golden pocket of the fib level the 0.65 wich is a very strong support level to trigger buys, wich I think will not hold.
But looking at BTC, I still think its not done correcting as im waiting it to go to the 7800-7700 range so will XLM follow to correct further.
I expect XLM to fall 3718-3643 sats range as there is a confluent zone for the 0.786 level, laddering buys there would be a good position to go long.
Target one I would expect XLM to be is at the 4877 range.
Target two would be 5531.
For the first target you will get a R:R of 14.7 wich is a great R:R and a possible gain of 33.50%
As you can see the fib retracement shows that the current price is at the golden pocket of the fib level the 0.65 wich is a very strong support level to trigger buys, wich I think will not hold.
But looking at BTC, I still think its not done correcting as im waiting it to go to the 7800-7700 range so will XLM follow to correct further.
I expect XLM to fall 3718-3643 sats range as there is a confluent zone for the 0.786 level, laddering buys there would be a good position to go long.
Target one I would expect XLM to be is at the 4877 range.
Target two would be 5531.
For the first target you will get a R:R of 14.7 wich is a great R:R and a possible gain of 33.50%