XLMBTC Deep into resistance zone

٢٩ ديسمبر ٢٠٢٠

XLM seems to be finally splitting from XRP's downfall. We are deep into a major resistance area with a nice double bottom forming as well as hidden divergence on the RSI.

Entry - 0.00000525 After a bullish confirmation candle above the downward trendline
Stop Loss - 0.00000480
Target - 0.00000820

over 6:1 risk/reward