Testing a new strategy, more detail once refined
XLM has broken a bearish trend line indicating that price is in a bull run and looks to continue up. We are also making higher lows and a higher high. i believe this will follow XRP in breaking levels and highs. All time highs are in my sights for the future.
Price has finally started looking good for a follow up for my previous sell idea. i will be looking for price to come up to 1.1850 and show rejections before i enter. my target will be 1.17600 because this is a nice psychological level, and it is a nice area of interest on the 2 and 4 hour charts
IF price rejects my pink level i believe we will hit my previous daily level because we broke out of a bearish trend line, and broke and retested resistance.
the title captures it all and the chart speaks for it self. higher lows, higher high , break out of down trend.