Keep an eye on XLM - Close to breaking out!
Here's a quick look at XLM 6 hr chart. As we can see, the price has printed a bigger falling wedge and is about to break out!
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone
1. 0.41$
2. 0.436$
3. 0.454$
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Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone
1. 0.41$
2. 0.436$
3. 0.454$
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
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