BINANCE:XLMUSD   Stellar / US Dollar (calculated by TradingView)

Hello traders:

Looking like the the crypto market are showing signs of bearish price action on the lower time frames.

Here on XLM , we can see that after the previous higher time frame bearish impulse down, we have a larger bearish structure developed.

WE then see a another bearish impulse down out of the structure, good signs of further downside potential.

Now that we formed a lower time frame correction, expecting another bearish development that can push the price down to the next swing lows.

thank you
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