Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0706). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XLMUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
XLM Already broke out 900 sat on XLM/BTC on 4h timeframe , XLM/USD if closes above 0.07 on daily today , then it would break the descending rendline average signalling a fresh test of resistance $ 0.086 USD
Hi all
Good day! In my previous post, I described about Ripple Long Term Bull Run.
In this post, I will explain the short term price action on observing a famous chart pattern called "Inverse Head & Shoulders Pattern" which is a bullish pattern.
As you can see in the chart, the head and shoulders top is used to predict reversals in downtrends. This pattern is...
