As you can see XLM is broken the downward trend and is moving sideways. Judging by the green in volume, this could potentially be a break out from the down-trend. I envision only a short push. What is most important is when the price reaches the rectangle. This closely matches 0.5 Fib retac and previous resistance. If it manages to cross both, I would confirm the breakout and will be LONG. At the moment I am closely watching and will update.
P.S. These are my observation and analysis that I use for my own investment decisions.
Ghi chú
Lumens closing in on 3350. I recommend you do a swing trade on the rectangle and it will retest before it breaks out. (hopefully)
Ghi chú
As expected, once it touched the rectangle it has retracted giving us an opportunity to swing a bit.
Ghi chú
A little late than originally planned. I have sold half of my bag. Waiting for a confirmation on how to move forward.
Ghi chú
Breakout is confirmed. Hope all of you had good gains. Until next call :)
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