XLM/BTC AND LETS FLY!XLM is one of my favourite and one of the top altcoin trade or HODL. In my previous updates on XLM (on the previous bull run) I have been talking about the beautiful cup and handle pattern XLM has been making and I try to show the same pattern here too, so there goes the cup and handle pattern in blue and what we generally know from this pattern is that once we finish the handle we are looking to fly and break the resistance we had when forming the top of the cup. So XLM finishing this pattern is one bullish signal... It is also forming a falling wedge reversal pattern as its falling by having compression in its falls which indicates a move in other direction coming soon. And a falling wedge reversal pattern is another bullish signal for the price. RSI just got out of the oversold area and is looking on its way up which is yet another bullish signal!
BUY-IN: 0.000028-31
Targets:
1.0.000036 BTC
2.0.000042 BTC
3.0.000046 BTC
4.0.00005 BTC (long)
5.0.00006 BTC (long)
Stop-loss: 0.0000279 BTC
