XLM/BTC
XLM broke key trendline resistance at 650 sats including the 200MA on the 4H chart.
Multiple bullish candles during the last 24 hours of trading, this is strong momentum from the bulls.
If a retest of 200MA is given, it is a good chance for a Long position.
The stop-loss is ideal to place under the 200MA to protect from huge damage.
XLM broke key trendline resistance at 650 sats including the 200MA on the 4H chart.
Multiple bullish candles during the last 24 hours of trading, this is strong momentum from the bulls.
If a retest of 200MA is given, it is a good chance for a Long position.
The stop-loss is ideal to place under the 200MA to protect from huge damage.
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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.