SUMMARY
Stellar Lumens (XLM/USD) has started impulsing and is headed towards $0.075 target for a potential 62% profit potential. As shown below, I believe a Cup & Handle could be overlayed. If so, target can be expected to be much higher than $0.075
Here is the XLM/BTC pair with some similarity. It clearly is executing the "Hurry Up & Wait" syndrom in that the left side impulse waves were completed in haste and now has recently completed an very deep and long correction. The overlay of a Cup & Handle pattern lends bullishness towards the 0.00003057 BTC target.
As a bonus, here is the XLM/ETH pair. The Cup & Handle looks a bit like a teenager on drugs...but still functional. The a,b,c,d,e symmetrical triangle is making a fine oversized handle formation and once the upper blue triangle line is breached, impulse waves should carry it to 0.000209 ETH target.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**