Hi all,
Trying to share what I'm seeing on 4H time frame. The right shoulder is forming. We might touch the .618 Fib from here. As long as we stay within the triangle, we are extremely bullish.
First target would be the neck line @ $0.32. Once we clear that, we can revisit the ATH.
Let me know what you think.
Trying to share what I'm seeing on 4H time frame. The right shoulder is forming. We might touch the .618 Fib from here. As long as we stay within the triangle, we are extremely bullish.
First target would be the neck line @ $0.32. Once we clear that, we can revisit the ATH.
Let me know what you think.
Comment:
Testing the 20EMA right now. Price needs to close above in order to break out of the triangle.
Comment:
We made it out of the triangle and above 20EMA but the volume is still low. Inverse HS pattern completed.
We need to close above $0.306 and the bull can take it from there.
We need to close above $0.306 and the bull can take it from there.
Comment:
XLM failed to break out and have re-entered the triangle. We will head to the $0.26 level now..