Just like Bitcoin, Stellar is forming fractals to indicate the strength of the downtrend.
These fractals are called falling wedges. Usually falling wedges breakout on the 5th touch (E).
After the breakout an ascending triangle is formed. This will result in a bull run.
These fractals are called falling wedges. Usually falling wedges breakout on the 5th touch (E).
After the breakout an ascending triangle is formed. This will result in a bull run.