hibi2020

XLM/BTC Fifth Wave Remaining with Possible Inverse HnS

Long
BITFINEX:XLMBTC   XLM / Bitcoin
- XLM/BTC has done creating its fourth wave and is now trying to complete the fifth wave.
- Unless there is a failed wave which seems very unlikely, the price action does suggest an upward movement.
- The 5th impulse wave could form an inverse head and shoulders pattern thus extending the possibilities of higher targets.
- The target range could be anywhere between 1020-1150
- Trade carefully
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.