A Bottom Head & Shoulders Pattern has recently been formed and the price failed to stay above the critical resistance levels ( H&S neckline and the blue EMA 200).
Currently a potential wedge is forming up and I would be bullish if the price broke 0.132 with a final target of 0.19. Short/stop if the wedge breaks downward.
Currently a potential wedge is forming up and I would be bullish if the price broke 0.132 with a final target of 0.19. Short/stop if the wedge breaks downward.
Trade active
Don't forget to put your stops.Trade closed: stop reached
XLM Failed
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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.