Hi, friends hope you are well, and welcome to the new update on Stellar.
After breaking down a down channel, XLM is still struggling to breakout the resistance, which was previously support of the aforementioned channel.
Bitcoin has already broken out the triangle, therefore, now there is a high probability that Lumens will also breakout this resistance. This resistance is also working as a neckline of inverse Head & Shoulder pattern. For more details, you can watch the video.
You can also support my work at Patreon for more ideas:
https://www.patreon.com/moon333
To check the Patreon trade success testimony, you can watch this pinned post:
https://www.patreon.com/posts/63774800
In order to play and watch the current performance of the chart you need at least a free account on tradingview:
https://www.tradingview.com/gopro/?share_your_love=moon333
KuCoin is one of the best exchange to find crypto gems:
https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3
Link for Binance exchange, to trade crypto:
https://www.binance.com/?ref=11256882
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
▶️ 3Speak