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Technical analysis by jaepayne about Symbol XLM: Buy recommendation (1/3/2024)

https://sahmeto.com/message/831296
jaepayne
jaepayne
Rank: 4981

XLMUSD Ascending Triangle Breakout Loading....

Buy
Price at Publish Time:
$0.13108
Buy،Technical،jaepayne

Stellar Lumens XLMUSD forming a very large ascending triangle pattern. The resistance of around $0.13 goes back 5 years, so once this breaks out I am expecting a quick violent move up. I had a psychic moment at work one day where the number 13 and Stellar came into my head. So naturally I'm thinking XLMUSD will eventually hit $13.00 in the future. I suppose it could also mean once it breaks out of $0.13, that's when the big move to the upside starts. Either way will be fun to watch.

Source Message: TradingView
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