XLM has formed a very nice ascending triangle indicating that we may be due for a quick shot up towards $0.40 any time now.
The indicators on the 4h timeframe are a bit flat/neutral, however daily is looking bullish to me. Therefore we have a high chance to push to the next resistance level very soon as we're in the apex of this formation.
Expect a reaction in price any moment. If we happen to fall lower, then we have good support at $0.30.
Levels on the chart.
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The indicators on the 4h timeframe are a bit flat/neutral, however daily is looking bullish to me. Therefore we have a high chance to push to the next resistance level very soon as we're in the apex of this formation.
Expect a reaction in price any moment. If we happen to fall lower, then we have good support at $0.30.
Levels on the chart.
Like and follow if you liked this idea!
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