XLM almost done forming handle

Diupdate
The cup is damn obvious. The handle looks almost formed.
Price action dropped below the kijunsen earlier, but as we can see, the 50 EMA is going to cross 100 EMA from bottom up soon.
Even if price drops below my predicted handle shape, it should bounce off the cloud and rocket to the moon.

Naturally the cloud should be your support or stop loss.
Komentar
Hammer doji. Get ready for reversal.
Komentar
It seems obsidianram is right, and there may be a head and shoulders after all. simply not enough volume in crypto right now.
Komentar
It seems like we will have a rejection of head & shoulders. Now all we need is volume and this thing will blast off to the moon
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