I was playing around with the XLM chart and drew up a possible bottoming pattern that resembles the fractal from 2017. We could go slightly lower or sideways in the near term and I don't believe this idea would be invalidated. A major sudden price move below 6 cents would probably indicate a much longer bear market is coming, and would invalidate this idea.
I'd also like to note that this pattern lines up perfectly with the altcoin market cap bottoming pattern that occurred in 2015. I'm getting increasingly bullish, and think we might be at or near the moment of maximum financial opportunity. Fingers crossed...
I'd also like to note that this pattern lines up perfectly with the altcoin market cap bottoming pattern that occurred in 2015. I'm getting increasingly bullish, and think we might be at or near the moment of maximum financial opportunity. Fingers crossed...
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