Price looks like it is trading within a descending triangle. XLM has two options:
1) a miracle happens and it breaks above the descending triangle, or
2) break below the yellow support and further test the blue support line where many traders will post bullish ideas so people can buy and they can sell.
1) a miracle happens and it breaks above the descending triangle, or
2) break below the yellow support and further test the blue support line where many traders will post bullish ideas so people can buy and they can sell.
Trade closed: target reached
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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.