Triangle Breakout
Updated
I have generally a long bias as Bitcoin seems to be in a reversal and the FA for XLM is good but as the price is making lower highs and l the triangle is a continuation pattern I'll wait for a clean upper breakout. Ideally also for a retest.
Disclaimer: I'm a bloody beginner. This is why it's certainly not financial advice.
Disclaimer: I'm a bloody beginner. This is why it's certainly not financial advice.
Note
It was good to not just buy but wait for a higher probability setup instead. As this never materialized my hypothesis was invalidated without loosing any money.
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.