A rough formation of a cup and handle is lining up with indicators and over the next month it looks very bullish. This isn't trading advice.
XLM has already complete double bottom formation and possible start to gain momentum at spring to take NEW uptrend. Dozen of indicators print 'buy' on weekly chart ps check also my other charts pps please sorry for ling mistakes, I make, I have way to old laptop and keyboard with lot of issues)
Interesting token in my opinion for swing trading due to popularity, large capitalization, good trading volume and other situations, I see accumulation in this zone and I expect a good upward movement with a broken triangle. RSI 4h - oversold MA's is crossing in 4h We are in accumulation zone in D1 chart
If you want to be a master on trading, You must review over thousands charts! And, sleepless nights! There is no overnight success in a trading life. Let me remind you one of my favorite old story ; A Harvard professor once asked his students to do a special report on fish. His scholars went to the library, read books about fish, and then wrote their...
Opened a position on the breakout of trend line with SL just under.
Exit from the wedge will help the bulls to test the resistance zone at 3500 If the wedge strikes down you can expect a decline to support 1500-1600 The important zone will be at 2500