DCCryptoacademy

XLM/USD possible ascending triangle

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XLM has retested the trend channel and we saw a nice bounce back up. We have the potential of creating a nice ascending triangle with targets reaching as high as 11ct. However, we habe to break 9.8ct to confirm them. After breaking 9.8ct, expect a pump about 11ct, a retest of the 9.8ct and a further pump.
For now it is important to hiold the trend, you can enter long on the dips or ideally on the trend line retest and put stopp loss a little below the trend line.
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