XLMUSD 12H LONG Targets - 21/3/21
Stellar has just broken out of this downtrend formed in early February for the 1st time and is looking to bounce to the upside. It wicked TP3 @ 0.58046 without a candle close above until it fell back down to the 0.37 level where it held as support.
XLM bounced off 0.37 as the bottom and has been holding in between this level and 0.40 before its breakout to the topside. From here i’m expecting XLM to bounce off of the uptrend going long towards TP1,2,3&4.
TP1 🎯 $0.41194
TP2 🎯 $0.44953
TP3 🎯 $0.58046
TP4 🎯 $0.79232
This is going to take some time to play out, this trade won’t even start to hit until the start of April on the new monthly and quarterly candle.
XLM bounced off 0.37 as the bottom and has been holding in between this level and 0.40 before its breakout to the topside. From here i’m expecting XLM to bounce off of the uptrend going long towards TP1,2,3&4.
TP1 🎯 $0.41194
TP2 🎯 $0.44953
TP3 🎯 $0.58046
TP4 🎯 $0.79232
This is going to take some time to play out, this trade won’t even start to hit until the start of April on the new monthly and quarterly candle.
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