darkpiggie

XLM USD LONG

Long
The chart is pretty clear, stellar is about to breakout from a falling wedge.
The volume is insanely green, there is a cup and handle pattern at the end of the falling wedge, indicating reversal.
Also the 5th correcting wave has completed. It couldn't be clearer than this.
It looks to good to be true as a setup.
A breakout above the upper resistance of the cup and handle would signal a buy order.
Not a financial advice, remember to do your own research and set your stop losses.
IF btc collapses the xlmusd pair might fail as well.
Good luck, you can check my previous posts.
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.