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XLMUSDC

XLM breakout 2Stellar broke up this triangle 📐 and I think there is chance for run to 0.96 and even higher. Buying now. XLM let's make it!🚀 ENTRY : local high @ 0.4024 SL : local low @ 0.3083 TARGET : height of the triangle projected from midpoint of the local range (RANGE HIGH - SL) @ 0.96 RRR : 6 INVALIDATION : when SL level hit Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
2
4 Bullish Reasons For Stellar (XLM/BTC)I'll cut to the chase and say that I am bullish for Stellar in the short term. Reason #1: It is my belief that Stellar found it's bottom and the recent bullish move that followed Bitcoin has only strengthened my opinion on this matter- Reason #2: Looking at the charts we can see that this is a classic falling wedge formation. d.stockcharts.com After a big move up not long ago we have stayed in this wedge formation and a move above the upper trend line would be very bullish. Reason #3: Volume has increased in recent weeks and the volume is also showing a possibiliy of buying increasing in anticipation of a further leg up. Reason #4: Bullish Divergence. On the MACD we can see that despite being in a falling trend we are showing bullish/positive divergence which is a key element to look out for when spotting a falling wedge formation. Keep an eye on the top of that trend line, a break above could be very good for Stellar. Happy Trading!
Long
by TheMagpie
7