Joontree

Beautiful tightening equilibrium primed to pop

Long
Joontree Updated   
COINBASE:XLMUSD   Stellar
XLM 1H equilibrium that's been tightening for 3 days down to a very narrow range primed for some price action. Good risk to reward scetup with clear stop level of most recent low of 0.336441 or looser stop at 0.33. this represents 2% risk to over 6% reward before nearest resistance level at 0.365.
Comment:
(0.365 resistance level is based on the assumption that an influx of volume will blast through the nearby 0.349-0.350 level)
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