Stellar Symmetrical Triangle within the Trading Range
Stellar/ XLM has formed a neat symmetrical triangle, with the price now targeting the upper edge of the triangle at 0.238.
This triangle is within a broader trading range and so can’t be seen as a continuation or reversal pattern. A convincing breakout will target the top of the range at 0.33 or the bottom of the range at 0.18. That's where the important tests will occur.
This triangle is within a broader trading range and so can’t be seen as a continuation or reversal pattern. A convincing breakout will target the top of the range at 0.33 or the bottom of the range at 0.18. That's where the important tests will occur.
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