🔥 XLM Horizontal Channel Break Out

After six weeks of consolidation, XLM has finally managed to break the pattern. Since March has been trading inside a horizontal channel, which has been broken as of this morning.

I'm expecting the price to fall down a bit towards the support around 0.44 before making its way up again, potentially targeting the current all time high.

Happy trading!
Bitcoin (Cryptocurrency)BTCChart PatternscryptoTechnical IndicatorsParallel ChannelTrend AnalysisusdtXLM

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