there is a triangle pattern in XMLUSDT 1H chart if the candle closes higher than the resistant line, it's possible to see a breakout from sideways.
NOTE: TRADE WITH YOUR OWN RESPONSIBILITIES, NOT A FINANCIAL ADVICE.
After the strong support found under 0.3, Stelar rose and had broken the descending trend line resistance.
At this point, a small correction could follow and this can be a good opportunity to buy for a new leg up
My buy zone is 0.4 and slightly under
A Solid suppor at the level of ~0.46$
Great volumes at the level of ~0.54$
Hystorical similarities are pretty obvious
I'd rather go with the futures with this one, as the spot profit will not be that big + the bitcoin price is beating ATH every now and then, but don't forget about stops if you go with futures.
The price of 1$ is not that real because of the Huge...
Our updates Stellar/dollar chart with key support and resistance levels. Right on major support at this time.
Fundamentally, what I like about Stellar is the fact that they are:
a. a non-profit organization (clever..)
b. very close to the IMF and Federal Reserve
Our research has proved that Stellar Lumen technology could be more likely to be used for CBDCs...
Removing all the wicks, we can see that the price is forming a HS pattern.
This pattern will be valid if the price tests the bottom of the HS, and if confirmed its target could go up to 0.22.
Trade with caution.