XLM.USD hit extended target and falling. Stellar Retrace Watch

Follow up to my conservative Long Call (click).

What goes straight up must come back down, and XLM is well known for that.
It has arrived at first possible support but I am not confident this will hold.
Am expecting one more leg down and then consolidation before next leg up.

0.07924-969 is Immediate Support, like to be pierced.
0.07625-675 would be a reasonable and average retrace.
0.07385-413 is Bulls Last Stand, scary but juicy Long entry.

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See some of my other plots and trade calls below.
I also plot Forex and Stocks, take a look at my profile page.

BAT top call (still in play)
EOS top Call (near perfect plot)
LTC to $150 call (near perfect plot)
BTC $14k call (Near Perfect target, easy trade)
ETH breakout (instant Profits, no drawdown)
BTC bottom 3.1k (caught the EXACT bottom)
ADA breakout (PERFECT targets, massive profits)
ZRX bottom call(200% gain, Perfect target)
ZRX breakout (massive Profits, short wait)
XLM breakout (massive Profits, instant Win)
RVN top call (Perfect Target, take profits)
LINK re-entry (caught the spike)
MATIC top Warning (caught the EXACT top)
MATIC rocket (massive Profits, breakout entry)
NEO Rocket Launch (great entry, massive profits)
FET top warning (EXACTLY on time)
DASH top warning (EXACTLY on time)

Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

Kommentera:

Bounced from support and is now up against first resistance

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Kommentera:

First Resistance breached

Next serious resistance at .08612

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Kommentera:

Yup, .08606-612 will be serious resistance, another fib (bule 4.382) just locked it in further

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Kommentera:

Here is bulls' perfect opportunity to push for another leg up, with a perfect reflection off previous resistance

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Kommentera:

Bulls unable to hold the high ground so we have come back to the "Average Retrace" zone

got a little bit of a bounce, lets see if it holds. So far the bounce is NOT impressive but at least it did not cut straight through support.

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Kommentera:

Adding a Fib (Red) of the last leg down

the bounce was at a 4.236, which is a common WEP (Wave End Point).
So there are good reasons for this support to hold, but I DONT think so :( But lets see.

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Kommentera:

So as we have come to expect from XLM, a full retrace :(

Looks like the "uptrend at risk" zone will be hit ...

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Kommentera:

I guess it is possible that this red 5.236 will end this wave

wishful thinking probably, but the reaction at the 4.236 was clear, and we might get a nice bounce here.

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