lightmansam

Bull flag forming for Stellar Lumens

Long
lightmansam Updated   
BINANCE:XLMBTC   Stellar / Bitcoin
We can see a bull flag forming for Lumens after the big push up we had yesterday.
You can enter a position now, or if you want to be safe, enter a position when there is a clear break from overhead resistance. Target is the breakpoint + 550 sats.

Please note that this is not financial advice. DYOR
Comment:
We have now broken out of the flag. Should see a move higher in the next few hours. Could be some resistance at the 4000sat and then should be relatively smooth till 4300sat area.
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.