The 20 month moving average and the bottom of the cycle channel are being tested. Will bullish continuation follow or has the bearish market arrived? In previous conditions like this a bullish continuationed followed. Will this trend repeat or break? This is for learning purposes only.
It seems like there is a repeating ascending triangle pattern, which was broken upward before by wave 3. Could the same thing happen now with wave 5? Not financial advice.
Further short term downside can be expected if the rising wedge forming on the 4H breaks, completing an ABC correction and a potential double bottom. This is not financial advice.
Hello fellow traders, A potential break is forming of the cup & handle pattern and 200MA on the daily timeframe. As always wait for confirmation. This is not financial advice.
Comparing 2018 to 2021. Depending on market sentiment and fomo, it could end up somewhere between the 1.618 and 2.272 fib extention. Not financial advice.
If price breaks above the current symmetrical triangle XLM could move like this. What do you think? Not financial advice.
What do you guys think? P.S. Not financial advice.