XLM Bearish Harmonic or Bullish Flag!

There are two possible scenarios for XLM.

1. Bearish Harmonic Pattern:

This is the more likely scenario.
XLM may revert to the bottom of the channel.
A good entry point for a long position could be between 0.28 and 0.31.

2. Bullish Flag:

This is a less likely scenario.
XLM may experience a bullish breakout.

Important Note:

Open your position carefully.
Evaluate your risk tolerance and investment objectives before entering any position.
This analysis is for informational purposes only and does not constitute financial advice.