XLM Cup and Handle; We're in the handle
A breakout is imminent from the obvious handle that XLMBTC is forming. My predictions tell me that we'll bounce off one of the support levels at 4900, 4850 or 4800. If you're holding, continue. If you don't have any, buy.
Note
Forgot to highlight it in the chart, but also keep an eye on the volume, which is nearing the lowest it's been since the December breakout/start of the cup. Classic signs of a handle forming.Note
All according to plan :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.