✴️ Stellar Enters Bullish Cycle | 5-Steps Pattern

31 มี.ค. 2023

Stellar (XLMUSDT) is moving ahead of the pack and just hit a 5 months high.

Let's see what this chart has to say.

First, let's focus on the 5-Step Pattern we've been looking at today.

This pattern consists of #1, the Dec. 2022 low.
#2 | January's 2023 bullish breakout.
#3 | The correction that ended mid-March (10-March).
#4 | The resumption of the bullish trend and #5 the new high, in this case we are aiming at $0.18 based on the Fib. extension numbers.

This is the same pattern we saw with Cardano, ChainLink, Terra, etc.

Now, let's review some of the classic signals.

- Really high buy volume in the past few days. The highest buying pressure since 2021.
- Very strong indicators. RSI and MACD... The rest is history.

What one does, the rest follows!

Expect for the rest of the market to grow as well.

You can find XLMBTC in the "Related Ideas" below.

Thank you for reading and for your continued support.

Namaste.