Looks like this fits Edwards' three-fan principle for corrective minor trends having a high chance of ending after breaking the 3rd trend line. Looking for high volume break of neckline for a potential long on a head and shoulders reversa l pattern. That heavy volume spot buying during the btc dump catches my eye. The XLM/btc pair is barely down 1% as the XLM/USDT took about an 11% loss on the dump.
Commento:
failed neck break attempt. looking for minimum hourly close with neckline support
Commento:
rather elongated but got a convincing break. should have fib support at 0.5. long active