ErenGk

XLM Stucked inside of the triangle. There Might be strong move

ErenGk Updated   
COINBASE:XLMUSD   Stellar
XLM is Stucked inside of the triangle. Over triangle If we can break the resistance of 0,46 we can see first 0.53 and then 0.72 in upcoming days.

But over triangle we will have strong resistance within 0.45-0 46 so need to wait for 4h close before long position. Otherwise we might caught to bullish trap.
Trade active:
There are three trend now. First and biggest one is the tunnel. Second decreasing one creates the triangle. Now we are at and of that triangle. And latest one is again a small positive trend and it might support us to break the resistance of the decreasing trends hill(Around 0.430).


Lets watch if we will break 0.430 now. And then we still need to wait 4h close over 0.455 for long position.

Good luck.

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