Stellar / TetherUS
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XLM forming ABC correction, setting up for big rise?

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ABC correction forming
Fibs are lining up nicely
Ichimoku Conversion line down crossed Base line, calling for a correction

Expecting local Fib correction to around $0.26 - $0.28

After it could make a move up to a 0.702 retracement from the ATH in May. Retest of local ATH at $0.42 possible, could also shoot straight through to set new ATH.

New ATH would be $1.01 to $1.16 according to a hyper-extended Fib from the entire market.

Personally I will open trade after the daily closes inside Ichimoku cloud after the buy zone. I do not currently hold this coin.

Nota
Price reached target area and showed strong support. Open now or wait for retest / trend breakout

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