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XLM/BTC approaching CRTICAL Supports: Stellar in Trouble?

683
XLM along with most Alts has been diving vs BTC.
It has broken through several support zones already.
Now it has just a couple of supports before DOOOOM!

Note
We got a bounce, but not at the plotted zones. It bounced from the red fib's 8.382 snapshot that red fib was on original chart above, but with non-extended lines and I overlooked that band. On one hand I am a bit suspicious as to this being "the" bounce, but on the other hand, hat exact bounce off the 8.382 is quite comforting. I had picked the .382 instead of .236 even originally above, because band 8 quite often compresses to 382-618 and I guess this is another example.

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FibonacciSupport and Resistance

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FibonacciSupport and Resistance
EuroMotif
Mod
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
Aussi sur:

Publications connexes

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.