The break of the channel on XLM was significant as pointed out

Well, nothing too surprising, in fact, pretty much exactly what was expected. We completed a clean 5 waves count to the upside, and we are now in a downtrend after breaking the impulse channel to the downsideBot the best place now to enter short, but i think we will eventually see more downside.
See charts below 👇
Bitcoin (Cryptocurrency)BTCUSDBTCUSDTChart PatternselliottwaveprojectionSTELLARTrend AnalysisWave AnalysisXLMXLMUSDxlmusdt

Related publications

Disclaimer