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CChartist
Jun 15, 2019 3:53 PM

XLM/USD Potential Trend Reversal Long

Stellar / TetherUSBinance

Description

A Bottom Head & Shoulders Pattern has recently been formed and the price failed to stay above the critical resistance levels ( H&S neckline and the blue EMA 200).

Currently a potential wedge is forming up and I would be bullish if the price broke 0.132 with a final target of 0.19. Short/stop if the wedge breaks downward.

Trade active

Don't forget to put your stops.

Trade closed: stop reached

XLM Failed
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