Stellar (XLM) Has Completed Bullish Setup For Upto 948% Big Bullish Move By Forming Bullish Butterfly On long Term
Stellar (XLM) Has Completed Bullish Setup For Upto 948% Big Bullish Move By Forming Bullish Butterfly On long Term

By moon333 | moon333 | 31 Mar 2020


Hi friends, hope you are well. The Stellar (XLM) with Bitcoin pair has formed bullish Butterfly pattern and entered in potential reversal zone to give another chance to earn more gains.

Let’s dig the pattern deeper to see how perfect it has been formed.

AyCyuNeg

Click here to visit complete chart on tradingview

After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.328 to 0.886 Fib of A to B Fibonacci projection area. And the last leg (C to D) is retraced between 1.27 to 1.618 Fibonacci level.

Buying And Sell Targets:

The buying and sell targets according to harmonic Butterfly pattern and its Fibonacci sequence should be:

Buy between: 0.00001369 to 0.00000380 sats

Sell between: 0.00002141 to 0.00003986 sats 

This can be really a big move upto 948%.

 

Stop Loss:

The potential reversal zone area that is up to 0.00003986 sats can be used as stop loss in case of complete candle stick opens and closes below this level.

 

Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.


moon333
moon333

Hi, My name is Atif Akbar and I am trading charts author of all kind of assets


moon333
moon333

Hi my name is Atif Akbar and I am one of the top 3 authors of cryptocurrency trading charts as per tradingveiw I publish there with my username moon333 to verify you can visit: https://www.tradingview.com/markets/cryptocurrencies/ideas/ I also publish the charts of different other assets like forex, commodities, CFDs Stocks e.t.c. Here you will find perfect predictions on different trading assets.

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