LuckyTradez

XLM - at historical resistance

BINANCE:XLMUSDT   Stellar / TetherUS
XLM has been one of the coins lately that has been a part of a recent strong push. We can see that it formed double bottom and broke the resistance that has been holding since the July 2019.

This resistance has been tested quite some times and it seem unbreakable, how about now?

The candle closed above the resistance and new one opened above, however it is now trading below the level. If the daily candle closes below the resistance we might see XLM get rejeceted once again.
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.