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Chibuike_Odoh
Jan 19, 2021 6:21 PM

XLMUSDT - Potential breakout 🔼 Long

Stellar / TetherUSBinance

Description

Analysis 🔎: XLMUSDT is consolidating in an ascending triangle pattern.
Breakout is imminent.

Buy entry ⬆️: breakout above the ascending triangle's horizontal resistance.

Targets 🎯: fibonacci extension levels(0.5, 1), projected ascending channel resistance.

Setup invalidation ❌: breakdown below the ascending triangle's inclined support.
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