StellarLong
XLMUSD LONG TERM ELLIOT WAVE COUNT
Updated
My thoughts around XLM right now is that the bottom is in therefore I have backtracked and plotted my subjective wave counts.
The 5 waves within the initial first wave with the ABC correction within wave 2 seem to be completed. Wave 3 looks to have potentially started.
The 5 waves within the initial first wave with the ABC correction within wave 2 seem to be completed. Wave 3 looks to have potentially started.
Note
Price has hit resistance at the 100 3D MA and has pulled back nicely into the 61.8% golden ratio which may indicate the next leg up within Wave 3.
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