✴️ Stellar Ascending Channel

We are looking at Stellar vs Tether (XLMUSDT) trading within an ascending channel. We have excesses on both sides, upside and downside. We have volume spikes for both sides, bearish and bullish.

This channel will break towards the upside and produce a major high next, why?

The main signals we have coming from both sides all give the bulls the upper hand, that's why!

Here is a summed up list:

• XLMUSDT is trading daily above EMA50 and EMA200.
  
• When the volume spikes happen, bull/green volume is clearly predominant.
  
• We have clear higher highs and higher lows since January 2023.
  
• We know the bear market ended last year for Cryptocurrency and this year is the recovery year followed by a new full blown bull-market in 2024.
  
• Bitcoin hitting new highs daily now; The Altcoins market is super strong.
  

All these signals point to additional growth.

Thank you again for reading.
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Namaste.