XLM Stellar ready for breakout
XLM Stellar ppears to have been pulling back for the handle in an large cup and handle pattern.
The handle is more of a symmetrical triangle, and it appears it's about ready to breakout now.
MACD looking bullish.
Looking for a breakout and close above the triangle lines around 0.000043
target 0.00006060
points of resistance a long the way:
0.00004843
Fib 0.302 (0.0000504)
0.00005244
Fib 0.236 (0.00005685)
Profit along the way or hold for the entire ride, but there will be pullbacks along the way so set your targets.
Goodluck!
The handle is more of a symmetrical triangle, and it appears it's about ready to breakout now.
MACD looking bullish.
Looking for a breakout and close above the triangle lines around 0.000043
target 0.00006060
points of resistance a long the way:
0.00004843
Fib 0.302 (0.0000504)
0.00005244
Fib 0.236 (0.00005685)
Profit along the way or hold for the entire ride, but there will be pullbacks along the way so set your targets.
Goodluck!
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