Se7enSkies

Fibonacci Levels

COINBASE:XLMUSD   Stellar
So far price has found a beautiful support at the 50% retracement level and I think it will only hold on to this support if BTC doesn’t make lower lows and doesn’t go down beyond 7%-8%. If btc decides to go below $35k then this support will be gone in no time. We can find support at 61.8% and even 78.6%. It’s just that where XLM finds a support level to form a reversal depends on the price action of BTC at this moment. When BTC slows in growth XLM can shine but when BTC is going down, it’s gonna take everyone down with it I’m afraid.
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