$XLM - Bear Flag Broken - heading to $0.08-$0.14
Updated
Looks like Stellar is about to go for a landing on the ground. We broke a multi-day support and currently retesting the resistance. We'll know for sure by end of day today whether we'll be going south. Based on pattern analysis, we can go down to $0.08, maybe stop before that if the bulls step in. Using Fib, we could get an early stop at $0.14 - or at least a pause and consolidation.
Comment
Turns out this is a bear trap, we climbed back into the triangle formation.Disclaimer
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