A Bullish Scenario for XLM

Logarithmic 1Hr chart of XLM. If BTC remains in a sideways channel or continues to rise at a slow steady pace this would be my bullish scenario on XLM. Targets would be 0.6, 0.7, 0.8 on a macro timeframe. However if BTC continues downwards we will be testing the lower support levels.
Trend Analysis

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