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SforShiraz
Mar 13, 2024 6:51 AM

Will This Pattern Continue? 

Stellar / United States DollarCoinbase

Description

This one looks like a broadening wedge to me, however the speed at which XLM's price has been unfolding is disgustingly slow and boring. Just in case if price tends to visit the top of the broadening wedge again, it is gonna be a 70-75 cent target, which is a massive resistance level.

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Comments
anoroozi3084
i agree
kilozmedia
Any idea on time frame? Based on current trends in charting seems like December 2024 time frame $0.70 but your chart makes it seem like its happening sooner. Great charting!
Se7enSkies
@kilozmedia this chart is predicting a 75 cent price by the end of March, but we all know that is extremely unlikely given the fact XLM moves slower than a desert tortoise. This is me just playing with the chart. So this chart pattern is my big question rather than an idea.
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