0
Hi friends, hope you are well, and welcome to the new update on Stellar ( XLM )
Weekly support and SMA:
On a weekly time frame, XLM is still moving below the support of a rising wedge which has turned into a resistance. But we have a nice support of 100 SMA and price support of $0.255.
Triangle:
On a daily time frame, Stellar is nicely bounded by the support of a descending triangle . Now if the priceline breaks out the resistance, then XLM can re-enter the big wedge on the weekly time frame.
Don't forget to upvote/tip and share the post, thanks
You can also support my work at Patreon for more ideas:
https://www.patreon.com/moon333
In order to play and watch the current performance of the chart you need at least a free account on tradingview:
https://www.tradingview.com/gopro/?share_your_love=moon333
KuCoin is one of the best exchange to find crypto gems:
https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3
Link for Binance exchange, to trade crypto:
https://www.binance.com/?ref=11256882
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Comments:
Reply:
To comment on this video please connect a HIVE account to your profile: Connect HIVE Account