Stellar XLM inverse H&S

XLM has been one the best/strongest coins of 2018, never dropping below the April lows. Looks like a very big triangle where we already broke out of. At the moment it looks like a inverse H&S but the right shoulder is still a weak one though!. So i would only buy it AFTER a break of the neckline, buying it here is asking for troubles.

If the 0.25ish breaks, i would use a 0.01 cent stop loss. If we see the neckline break and stay above it, the target will be around the green circle, long term is much higher because of the triangle.

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So the price has dropped a little bit, but no dumping though. So like some other alts it seems like they don't really want to drop. But for the inverse H&S to be in play, it should stay above that green support level. This slow sideways drop could be a bullish sign, but i would not do anything until it starts to move up and break that small channel from the past few days.

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