An inverse head and shoulders formed during the end of June. XLM brokeout on July 1st and the price topped out at just over 3300 satoshi. Since then we have had a pullback and a double bottom at 3034 satoshi. This has now formed another bullish indicator, the cup and handle. The handle breakout has occurred and the volume is increasing. Let's look at the indicators.
RSI: Rising bottom since June 24th
MACD: Crossed over and turning up
My trading strategy targets for XLM on Bittrex and Binance as posted on my Discord group: Buy up to: 3225 T1: 3387 T2: 3548 T3: 3710 SL: 2910 Daily volume: 1930 BTC
Your comments, agrees and disagrees are always welcome and appreciated.