XLM/BTC Ichimoku cloud and Elliot wave analysis

Ichimoku Cloud Daily candle analysis

*XLM/BTC* price at time of analysis: 0.00003002

Analysis status:
Price versus the Kumo = *Bearish*
Tenkan-Sen vs Kijun-Sen = *Bearish cross*
Chikou Span vs Price = *Bearish*
Kumo Future = *Bearish*

Price in expected to trend downward in the pink box indicated on the chart