XLMBTC Triangle and 5 Elliott impulse wave pattern

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Stellar Lumens / Bitcoin (BITTREX:XLMBTC)

BITTREX:XLMBTC Stellar Lumens / Bitcoin

trendanalysis harmonicpatterns chartpattern xlm xlmbtc elliottimpulsewave trianglebreak skyrocksignals signal rsi_overbought

The price broke Fib 0.382 resistance level and is consolidating now forming 5 Elliott impulse wave pattern which will move the price out of the triangle. Stoch RSI confirms this scenario. If this happens then XLM will grow to the next resistance level of Fib 0.236. This asset has a great potential and is going to return to the previous heights. Buy only when the price consolidates above 0.0000460

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