A laggard compared to its sister, XRP.
XLM showing potential for a breakout. XRP & XLM once traded together almost systematically, XRP was able to break out of its wedge repeating its performance of 2017. Although past performance does not indicate future performance its important to reference.
XLM seems ready to sweep sell side liquidity one last time before its next leg up out of its wedge.
Ill continue to add to this thread as the days go on.
XLM showing potential for a breakout. XRP & XLM once traded together almost systematically, XRP was able to break out of its wedge repeating its performance of 2017. Although past performance does not indicate future performance its important to reference.
XLM seems ready to sweep sell side liquidity one last time before its next leg up out of its wedge.
Ill continue to add to this thread as the days go on.
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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.