Cryptocurrency is in an uptrend. XLM is in an uptrend.
Possible breakout to test the previous high.
Entry:
Any of the green area is a possible entry. I do not know how low the price will retreat. Depends on your style, whether you like to buy upon price retreat or upon break out.
Profit Target:
Blue area is the target for this up move. If target is met might be...
Cryptocurrency is in an uptrend. Possible breakout to new high.
Possible Entry:
- Optimal entry would be to on the Dark Green Line.
- Can also place order to buy after breakout above blue resistance line.
- I think any price below $4.5 is an okay entry.
Neglect this trade set up if Dark Green line is no longer intact.
Cryptocurrency is in an uptrend. Possible breakout to new high.
Possible Entry:
- On dark green line.
- After a bounce from dark green line.
- After blue horizontal resistance is breach.
Neglect this trade set up if Dark Green line is no longer intact. If trend line doesn't hold price will likely find support in $120 area.