XLMBTC Deep into resistance zone
XLM seems to be finally splitting from XRP's downfall. We are deep into a major resistance area with a nice double bottom forming as well as hidden divergence on the RSI.
Entry - 0.00000525 After a bullish confirmation candle above the downward trendline
Stop Loss - 0.00000480
Target - 0.00000820
over 6:1 risk/reward
Entry - 0.00000525 After a bullish confirmation candle above the downward trendline
Stop Loss - 0.00000480
Target - 0.00000820
over 6:1 risk/reward
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.