Stellar / Tether
Long

XLM H&S formation 1D

527
XLMUSDT Personally I was looking to add more in lower prices but now we can see a nice bullish pattern is forming after a breakout of the previous downtrend . Once the price successfully break this neckline we can say the first buy signal has been confirmed. As can be seen, increase in volume should not be over looked in the right shoulder. We can also wait for a pullback in the say time frame to trigger another trade. current dynamic support can also be helpful to consider possible support zone.

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.