XLMUSD potential +70%

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Hello traders, Here I have checked the 4H chart of XLMUSD!

The price has had a correction move, after a long time peaceful, I predicted in my previous analysis and we got the price action!

After the short correction, the price is ready for a new up wave. Since price has hit a fibo support(618%) , there has been signals of downtrend slowing . The candlesticks are showing the beginnings of a change of command from bears to the bulls.

I believe that price has found a true bottom.

I am expecting an up move up to begin, to reach target of at least 0.36. If price successfully breaks pressure level at 0.36, price could extend further to the highs.

I will be updating this analysis if it exceeds 30 likes.
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TP hit +70%

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İşlem kapandı: hedefe ulaştı
Chart PatternsHarmonic PatternsTrend Analysis

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