🔥 XLM Potential Break Out From Channel
After seeing amazing yesterday, crypto appears to have calmed down a bit. I've been looking at XLM specifically because XLM is currently trading inside a horizontal channel. If we see another bullish day today, XLM will be one of my favorites of the day since I'm expecting a strong break out.
Obviously, XLM is highly correlated to BTC. So if BTC decides do correct a little, XLM could well break out on the lower side of the channel. Wait for the break out to occur before entering a trade.
Happy trading!
Obviously, XLM is highly correlated to BTC. So if BTC decides do correct a little, XLM could well break out on the lower side of the channel. Wait for the break out to occur before entering a trade.
Happy trading!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.