We have seen from Stellar in the past that after a triangular pattern ended, an impulse uptrend wave started. Now, a similar pattern has ended, and it seems an impulse wave has started. Let's see if Stellar can reach high or not.
Note
Just an update.
Note
So, XLM reached the first target. If XLM breaks this line, further rise is possible. Let's see what happens.
Note
So, after XLM reached the major target, the blue line, the correction started. Now, XLM has broken the correction downtrend line. Still, the correction could turn into a complex pattern and make another downward wave. Let's see what happens.
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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.