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XLM/BTC possible reversal and handle formation

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POLONIEX:STRBTC   None
Trend Analysis Chart Patterns xlmbtc XLM STELLAR
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trendanalysis chartpattern xlmbtc xlm stellar
XLM has formed a diamond bottom and has the potential to start drawing the right side of the handle of the cup that formed during the late 2017 break out. SDEX/FairX/Kin/SatoshiPay news coupled with IBM announcing they will be using stellar for fiat settlements in the Central Banks of the SE Pacific could produce the volume necessary to complete the handle in the coming weeks.
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Here is a look at the weekly view of the C&H:
snapshot
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Stellar/USD simultaneously bouncing off bullish trend line from October/November when IBM partnership was announced:
snapshot
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