Prices form an ascending wedge that is confirmed by the volumes. This increases the probability of a trend continuation.
In the weekly chart we note that XLM is downtrending. So the daily price action will probably be stopped by the weekly flat kijun sen (around 1197).
Entry: 778
SL: 770
TP1: 907
TP2: 958
TP3: 1197
In the weekly chart we note that XLM is downtrending. So the daily price action will probably be stopped by the weekly flat kijun sen (around 1197).
Entry: 778
SL: 770
TP1: 907
TP2: 958
TP3: 1197
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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.
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.