XLM - TRIANGLE SETUP
Stellar is in sideways trend at the moment. This is typical for 4th wave of consolidating in the triangle, but according to my count we are most probably still in the 3th wave of the bigger degree.
After we break the triangle, our projection would be up to the target shown at chart.
On the way up there is the higher peak which is our resistance. If we want to reach the target this resistance have to be break.
After we break the triangle, our projection would be up to the target shown at chart.
On the way up there is the higher peak which is our resistance. If we want to reach the target this resistance have to be break.
Related publications
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.