Breakout will yield "Stellar" profit on XLM

19 Feb

XLMUSDT (4H CHART) Technical Analysis Update

XLM is currently trading at $0.117 and the price is currently trading at its strong resistance zone which got rejected multiple time.
We are looking for a LONG trade opportunity if the price successfully breakouts from the resistance zone.
Successful breakout will push the price to next minor resistance which can be easily broken and our final target is next major resistance around 0.1386

Entry level: $0.1190 (Candle close above this)
Stop loss level: $ 0.1121

Target 1: $ 0.1220
Target 2: $ 0.1252
Target 3: $ 0.1318
Target 4: $0.1380

Max Leverage: 5x

Don't forget to keep stop loss.

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Cheers
GreenCrypto