XLM BTC inverse H&S trend reversal bullish indicator

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Stellar Lumens / Bitcoin (BITTREX:XLMBTC)

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BITTREX:XLMBTC Stellar Lumens / Bitcoin

Trend Analysis Chart Patterns xlmbtc XLM Inverse Head and Shoulders trendreversalpattern

trendanalysis chartpattern xlmbtc xlm inverseheadandshoulders trendreversalpattern

Charts are showing possible inverse H&S trend reversal indicating that XLM may have bottomed out. As of this publishing, XLM is maintaining at about the light support of the neckline of the H&S pattern. Should this pattern continue XLM could be heading back up to the upward resistance levels.

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XLM TA of previous breakouts and consolidation prior to them

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