Cryptocurrency XLM/USD Upcoming Trade
By Alex December 4, 2020
Join Alex as he dives into the chart of Stellar, a cryptocurrency currently trading a $3.5 billion dollar market cap. Alex currently has his eye on an upcoming trade opportunity, and is awaiting confirmation of a consolidation pattern prior to executing a long position. As you know, we like to utilize Elliott Wave as a trading methodology, and combine Fibonacci with pattern recognition to construct extremely favorable risk/reward trades. Speaking of pattern recognition, Alex’s analysis indicates one of those patterns might be forming, indicating an eventual resolve to the upside that you won’t want to miss.
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