Stellar XLM reached (temp) bottom? Part 2
Looking very good now, XLM' bulls have been waking up again and finally seeing some volume and real movement again. So we broke up from that small triangle on the right and are following the blue line scenario since we broke up strong through that red resistance. Since we are back in the channel chances are increasing that we might test the resistance of that channel and maybe even break up if the market can hold this trend the coming weeks. That big red zone will be the next challenge.
The former blue resistance is the low point from now on, ideally we stay above the 0.087x
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Previous analysis:
The former blue resistance is the low point from now on, ideally we stay above the 0.087x
Please don't forget to like if you appreciate this :)
Previous analysis:
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