OneAutumnLeaf

XLMUSDT Quick 9% Swing Trade

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OneAutumnLeaf Обновлено   
BINANCE:XLMUSDT   Stellar / TetherUS
XLM has bottomed out on the higher timeframes and is now in a well established uptrend.
We have broken an area of resistance around the 0.37 mark and have flipped it into support which is currently holding. Moving averages are in a bullish alignment and OBV is rising.
The price is sitting near the lower end of the channel and at the moment just needs to show a little bit more strength and climb above the 20ema which would give us a good 2:1 RR entry targeting the previous local top.

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