XLMETH Long for Stellar returns

BINANCE:XLMETH   Stellar Lumens / Ethereum
215 2
XLM has had a lengthy retracement . It has broken out of the long downtrend. I have indicated this with the uptrending channel. Over the next few hours it seems like it will penetrate the bottom of the pitchfork which was support in the past.
Entry when price is on top of upper ascending trend line .
Stop below previous retracement 0.00045
Take Profit: Probably above 0.0007. But I will trail the stop.
I expect this trade to last several days
Profit 19.8% in 12 hours.
I will let it retrace and probably buy back in I will seek to enter on the lower ascending slope or on the 25 centile line of the fork (where green meets blue).

Great! Keep us posted ;)

My own take on this idea is sort of complementary to yours, showing the Bollinger bands support, Fibonnacci (although not perfectly drawn), and CCI / MACD information support.

Best of luck with the trade!

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