FieryTrading

🔥 XLM Bullish Channel Continued

Long
BINANCE:XLMUSDT   Stellar / TetherUS
A few weeks ago I made an analysis on XLM . Here I argued that XLM was trading in a bullish pattern since the reversal from the bottom trend line .


With both previous targets close to being achieved, it's time to look a step further.
Since we're trading in a bullish channel for almost 1.5 years now, I'm expecting this pattern to hold for the coming weeks.

New targets placed at $0.5 and $0.6 respectively. Be aware that the price might re-test the bottom trend line again.

Happy trading!

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