LumenLong
XLM forming ascending triangle!
XLM is in a good position to breakout from the ascending triangle which was forming since the breakthrough (big pump) we had on 6th of January.
If it goes down from here, we have a potential buying area at around 0.266 USD. Should it go up, there seems to be a potential for selling at 0.496 USD.
While we can already see XLM trying to breach the resistance level on the top side of the triangle, I expect to see a breakout of the triangle latest by 15th of Feb, but it might happen sooner as well.
Happy trading.
If it goes down from here, we have a potential buying area at around 0.266 USD. Should it go up, there seems to be a potential for selling at 0.496 USD.
While we can already see XLM trying to breach the resistance level on the top side of the triangle, I expect to see a breakout of the triangle latest by 15th of Feb, but it might happen sooner as well.
Happy trading.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.