HODLmyRocket
Short

XLM vs BTC possible Symmetrical Triangle breakout projection

BITTREX:XLMBTC   Lumen / Bitcoin
Given recent activity of BTC             and with XLM             rising and holding stout possible upward breakout could happen should XLM             stay within the parameters of the symmetrical wedge and BTC             continue its bullish trajectory.

Buy indicators would be XLM             breaking the upward resistance line of the wedge in the green zone indicated. Run could continue into the first gold             box to take profits as major resistance would be met there because it is the ceiling to the upward channel XLM             has formed. A breakout beyond that could send XLM             into the second level of major resistance indicated by the second gold             box. Resistance line was drawn from the peaks on the January 4th ATH             and the second major peak on January 26th. Falling into the red zone would be a negative indicator to Symmetrical Triangle Projection.