XLM upward channel formation?

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Is XLM establishing an upward channel formation?

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Unfortunately, this chart is reliant on BTC. So, BTC could tank hard, and XLPBTC would stay the same... but XLMUSD would be dropping. Waiting for a better setup to prevent itself.

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ملاحظة

Ha - realized this chart was plotted against USD. Still, better to await for a confirmation of a bump off that support line before initiating a trade. XLM is still very dependent on BTC, even if this chart is not.

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We are getting a really nice rally here. Let's see if it holds up if BTC starts downturning. I think we may have one last opportunity to buy in here.

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I'm liking what I'm seeing with BTC right now. And long-term.... I stinkin love this coin. Trade is active at 0.345!