new projections for XLM bullish continuation

BITTREX:XLMBTC   Lumen / Bitcoin
Drawing some simple parallel lines to the earlier resistance, we are simply projecting out a repeat of the pattern here.

We see new targets emerge, the first for a resistance check on the parallel from the last resistance, and then a return to the trendline which may break out of the newly formed wedge again and into the upper 1800's, low 1900.
Very similar targets to previous projections, but less bullish in outlook : We haven't solidly closed above, then retested and found support at the earlier bullish trendline . But it's very close.
Comment: Hah! I see what went wrong here. Zoom out for targets!
Comment: Target 1 : 1240

Down to 1125-1140 for another breakout attempt to the 1850-1950 area.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out