As you can see XLM has completed a nice break above the first TD line and I'm waiting for a hook to touch TD1 or the red MA. From there I expect XLM to move to around 24 cents. If you take a look at the structure from Feb 2019 - Nov 2020 you'll recognise a striking resemblance with the current structure. Wait for the right shoulder to finish forming (touch of TD1 and or touch of the red MA) before going long.
Once price reaches our target of around 24 cents we should see a retrace back to TD2.
Once price reaches our target of around 24 cents we should see a retrace back to TD2.
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