XLM is forming a symmetrical triangle just above a 4 hour support and weekly uptrend line. The current 4 hr candle has just closed above support and the new candle has opened above. Looking for a bullish engulfing candle off support for confirmation followed by a breakout from the triangle.
With BTC being very volatile at the moment it is risky to enter alt trades so be cautious if entering.
Watching the next 4 hour candle closely.
With BTC being very volatile at the moment it is risky to enter alt trades so be cautious if entering.
Watching the next 4 hour candle closely.