XLMUSD Look for the all time high
Hi traders:
Similar like Ripple, I can see the strong bullish price action on Stellar.
Price managed to break out of the HTF correctional phase, and a strong bullish LTF impulse to push up.
We are seeing yet another continuation correction in the making, good indication for further upside once correction completes.
I would wait for either a breakout right away from the current correction, and LTF smaller corrections to scale in more,
or
wait for a bigger consolidation to form and complete and look for the next up move from there.
Thank you
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.