XLMETH Long for Stellar returns
Updated
XLM has had a lengthy retracement . It has broken out of the long downtrend. I have indicated this with the uptrending channel. Over the next few hours it seems like it will penetrate the bottom of the pitchfork which was support in the past.
Entry when price is on top of upper ascending trend line .
Stop below previous retracement 0.00045
Take Profit: Probably above 0.0007. But I will trail the stop.
I expect this trade to last several days
Entry when price is on top of upper ascending trend line .
Stop below previous retracement 0.00045
Take Profit: Probably above 0.0007. But I will trail the stop.
I expect this trade to last several days
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.