Often on charts you will see repeating patterns that are indicative of the larger trend. XLM is a very good example of this. You can see the repeated pattern that shows up in this Elliott bullish impulse wave 3 and it should lead to a powerful move upwards.
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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.