[XLM/BTC] - Stellar ready to pump
Updated
Stellar has completed an inverse head and shoulders pattern on the 4H is looking ready to pump to new all-time highs. The descending volume gives legitimacy to the reversal pattern and the volume spike and bullish cloud metrics give confirmation to the bullish reversal.
Look for a test of the ATH at 6815 and then a run to the next fib extension at 9100.
Look for a test of the ATH at 6815 and then a run to the next fib extension at 9100.
Note
This is invalidated for now, price dropped back below the neckline.Note
This thing could still have legs...keep watching.
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