Stellar (XLM): Formed Triangle Pattern | Explosive Move Incoming

233
XLM is inside a triangle pattern and has now reached the end phase — the pressure zone. From here, price has two possible paths, but we favor the bullish breakout. As long as buyers secure this zone, continuation toward $0.54 is in play. A failed breakout would bring us back into the free fall area, so this is the decisive moment to watch.

Swallow Academy

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.