XLM showing real strenght now lets see what can happen out of next 3 scenarios:
1: quick bounce from one of the targets in the coming days
2: long accumulation (1-2weeks) until the yellow bar and then bounce
3: dumb into the yellow bar and break down into previous supports which invalidates short term long plays.
1: quick bounce from one of the targets in the coming days
2: long accumulation (1-2weeks) until the yellow bar and then bounce
3: dumb into the yellow bar and break down into previous supports which invalidates short term long plays.
Trade active:
I think its gonna be scenario 1. but the accumulation might take a few more days before real acceleration. Next target is ATH of 85 cent. Then 95 cent and then even higher.
Trade closed manually:
Lower high, XLM is showing weakness. I took profit and closed the trade.