Binance Hot list coin August 14, 2020 : XLMUSDT #1

Stellar is now forming a type of bullish falling wedge. This could be the ending wave for the action of retesting thee previous broken resistance that is now becoming a support (the white region). I'll keep monitoring this coin and wait for the price to break out of the upper line of this falling wedge which will be my confirmation of opening long position. On the other hand, the MACD is showing us a promising movement to with the golden crossover on the MA line and the histogram is now ticking at the positive side as the momentum is now in bullish side.