Stellar Hit Bottom And I Will Explain Why (Huge Bu-Potential)The reason why we can know the bottom is in for XLMBTC (Stellar) is very simple, let me explain!
Look at the All-Time Low, it happened in early June while the rest of the market went on to crash in early August. XLMBTC was moving up in August and even produced a green session the 5-August week. The fact that the pair bottomed before the rest of the market and didn't produce a new low in August can be an early signal indicating that the bottom is in. Also, the fact that it went green on that date can tell us that this pair is likely to grow when Bitcoin drops or start its bullish wave early in the least.
The bottom line is that XLMBTC is now bullish and can be accumulated in anticipation of maximum growth. The way the chart is looking now opens the doors for the biggest bullish wave ever for this pair, it will be interesting to see how it develops.
Growth potential is huge but it is hard to predict how strong it will grow because this pair has been on an eternal downtrend. Since this is potentially the first uptrend, we don't know if it will be one strong burst up or a long drawn-out phase of higher highs and higher lows.
These are the two main scenarios. The good news that both are characterized by growth. This will be a good one. Can't wait to see how it develops.
Thanks a lot for your continued support.
Namaste.
