XLM is getting ready to try another break of the resistance at 42 cents.
If this is successful, XLM can enter a nice rally to take us much higher and hopefully back towards the all time high at $0.92.
The lower timeframe indicators are bullish and a retest is imminent, if that translates into bullishness on higher timeframes like daily, then XLM can run!
XLM has also formed a nice ascending triangle in blue which is a bullish formation most of the time, particularly in a bullish market. :)
Bias --- BULLISH. :D
We should break away from this triangle eventually. Stay tuned!
Like and follow fi you liked this idea!
If this is successful, XLM can enter a nice rally to take us much higher and hopefully back towards the all time high at $0.92.
The lower timeframe indicators are bullish and a retest is imminent, if that translates into bullishness on higher timeframes like daily, then XLM can run!
XLM has also formed a nice ascending triangle in blue which is a bullish formation most of the time, particularly in a bullish market. :)
Bias --- BULLISH. :D
We should break away from this triangle eventually. Stay tuned!
Like and follow fi you liked this idea!
📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
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.
📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
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.