XLM/USD - Ascending Wedge Beakout to $ 0.086XLM 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 Longby DEV-1230
XLM Update 15-May-19Hi 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 identified when the price forms left shoulder, head and right shoulder inverted with a neck line connecting the head and the shoulders . The target is equivalent to the height of the head from the neck line. Hope you find this useful. Follow me here , for more updates. ~RPS~Longby praveensam001Updated 0