XLMUSD likes to play tag with ADAUSD.
If you see price increasing on ADA, don't be afraid to open some positions here on XLM.
From a technical perspective, there seems to be a H&S forming right now, with the right shoulder about to form.
4h formed a skewed bullish harmonic pattern, and it might retest 0.310 - 0.315.
General movement however will be 0.37.
Please ignore the strategy performance on the bottom. I don't know how to remove it.
If you see price increasing on ADA, don't be afraid to open some positions here on XLM.
From a technical perspective, there seems to be a H&S forming right now, with the right shoulder about to form.
4h formed a skewed bullish harmonic pattern, and it might retest 0.310 - 0.315.
General movement however will be 0.37.
Please ignore the strategy performance on the bottom. I don't know how to remove it.
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The chart above is the bullish harmonic pattern analysis I made on Jan 21. You can see what I'm talking about.