Bitking786

XLM is looking good to take really from here, wait for breakout!

Long
BINANCE:XLMUSDT   Stellar / TetherUS
Technical analysis:
#XLM (Daily update)

* XLMUSDT is trying to BREAKOUT the raising wedge pattern, the beginning of an uptrend is expected from here.

*The price is trading ABOVE 21- MA as well as 50 MA, LOOK too bullish when ever its trade above the 200 MA also.

*XLM is now testing the major resistance zone . XLM need to break raising wedge to take momentum from here.

Take Profits:
TP1= @ 0.3969
TP2= @ 0.4499
TP3= @ 0.55
TP4= @ 0.74

SL=close BELOW 0.20 on daily bases.

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