XLM charts with April 'flash crash' thesis zones.

Here's my latest XLM chart, which includes potential levels that could be hit, along with an alternative path for the 5th wave, assuming the bottom is already in on the chart.

- If wave 4 is already complete, then the wave 6 "flash crash" low would likely be higher than the chart shows.

- If wave 4 isn't complete, then the wave 6 "flash crash" would likely sweep that low, prior moving into the real breakout beginning in the month of May.

- The real breakout, the 7th wave, would likely take out the previous pattern high making a run for what could potentially become a new all-time high in XLM.


Keep in mind that the "flash crash" in April is a theory and may not come to fruition or could be off in timing. However, I do believe that the breakout will begin in May, even if the "flash crash" does not occur in mid to late April as I've theorized.

Good luck, and always use a stop loss!