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Hodl4dearlife
9 Jul 2020 pukul 08.00

XLM-USDT Breaks out of 2019 May resistance Panjang

Stellar / TetherUSBinance

Huraian

Showing the weekly TF here as this is a trend going back till May 2019 and I couldnt fit it all in otherwise.

On the daily chart we finally have a close that breaks the long term resistance mark (Orange line). From here we can see a move to test the previous support (green dashed) and finally the previous high resistance marks (green dotted). RSI is bullish, but closer to overbought conditions so expecting it to be a slower climb up.
Lebih