It seems to me that at this point XLM as well as the other alts are stuck waiting for BTC either breaking out or being rejected.
I have adjusted the bottom trend line to the new bottom as I think it's now more accurate and in line with previous bottoms.
I also feel this could be seen as a massive bullish pennant, however I have avoided counting the peaks that happened in the previous days as I think they were influenced by the WSB pump & dumps and therefore weren't good indicators for analysing the overall trend.
Target still around 0.60 imo
I have adjusted the bottom trend line to the new bottom as I think it's now more accurate and in line with previous bottoms.
I also feel this could be seen as a massive bullish pennant, however I have avoided counting the peaks that happened in the previous days as I think they were influenced by the WSB pump & dumps and therefore weren't good indicators for analysing the overall trend.
Target still around 0.60 imo