Stellar / TetherUS
Long
Updated

XLM Bearish Adam & Eve Formation

340
Shown here on the 4 hour is a likely textbook Adam & Eve (A&E) pattern. My prediction is an approximate 18 to 19% drop in price from the A&E neckline.

MoneyGram has been working with XLM for years, so the announcement of an XLM based stable coin on MoneyhGram's payment rails is not ground-breaking news.

BTC below 68K is also another Macro factor supporting this thesis.

Thank you.

Trade closed: target reached
snapshot

I think XLM hitting 0.185 was close enough to my prediction of hitting 0.18.

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