STELLAR MOON SHOT - Is It Finally Time To Go Long XLM???
Recently, I've observed something quite intriguing that suggests the significant upward movement might occur sooner than anticipated.
From a trading perspective, I believe there's some promising potential here.
If this analysis holds true, XLM could potentially surge to at least $0.79 from its current position.
A breakthrough above $0.11714 followed by another above $0.138837 could signal the beginning of a third-of-a-third wave. Additionally, we've witnessed a breakout from a sloping trendline, followed by a retest, and there's also a miniature inverse head and shoulders pattern forming at present lows.
Considering the XLMBTC chart is currently at all-time lows, I anticipate a reversal in its performance relative to Bitcoin.
Let's monitor how this unfolds.
From a trading perspective, I believe there's some promising potential here.
If this analysis holds true, XLM could potentially surge to at least $0.79 from its current position.
A breakthrough above $0.11714 followed by another above $0.138837 could signal the beginning of a third-of-a-third wave. Additionally, we've witnessed a breakout from a sloping trendline, followed by a retest, and there's also a miniature inverse head and shoulders pattern forming at present lows.
Considering the XLMBTC chart is currently at all-time lows, I anticipate a reversal in its performance relative to Bitcoin.
Let's monitor how this unfolds.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.