XLM showing Bullish pennant
Updated
After a short rally, we've got a new pennant with support at 465 - looking for a breakout in the next 36 hours. Targeting 700 as an exit with stop loss at just below support.
Note
Sticking right around the channel so far - I've got stoploss at 430 right now. We could be looking at a late breakout, or it could continue the slight downtrend and breakdown in the next 24 hours. Playing it close to see which way it breaks.Trade active
This is what we've been waiting for the past few days - XLM has been consolidating and is trying to break out right now. Hovering between the 485-495 range, looking for a jump and exit at 700. Hang tight and watch close!
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