Stellar is a great project. And IBM will create stablecoin on stellar network too.
As other alt coins retrace more than 90% to 95%, XLM retraced around 50% in this bear market.
Now it breakouts from main downtrend line and successfully retested it.
It starts a new leg of wave 3 after retrace to 78.6% level.
So, expected it will reach the 1st target :T1 and then retrace to re-entry zone and continue to 2nd target.
I'm a new trader and still learning TA.
So, any comments are welcome!
Thank you!
As other alt coins retrace more than 90% to 95%, XLM retraced around 50% in this bear market.
Now it breakouts from main downtrend line and successfully retested it.
It starts a new leg of wave 3 after retrace to 78.6% level.
So, expected it will reach the 1st target :T1 and then retrace to re-entry zone and continue to 2nd target.
I'm a new trader and still learning TA.
So, any comments are welcome!
Thank you!