It looks to me that we finally after 5 corrective waves in downtrend broke it out after one previous fake/fail attempt It also looks like that we are retesting it just right now. If XLM can golds 0.055 USD I think its good to start a new strong bull run toward previous high or even ATH.
I think crypto correction will be over soon and this inversed H&S will take crypto including XLM higher.
Cheers
------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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Bounced here and looking good so far keep your eyes opened this could be really awesome entry for long term if you´re not in yet or good opportunity to add more positions if you joined me at previous idea local bottom