andmanalo
Long

XLM holding close to resistance channel potential breakout

BITTREX:XLMBTC   Lumen / Bitcoin
Depending on how BTC             bounces from its current correction wave, XLM             has the potential to develop into an upward breakout from the downward resistance channel as it comes out from the bottom of its E wave correction.

Conditions that must be met for possible breakout to be realized:
BTC             must be stable or in an uptrend
XLM             must hold close to or above the green zone of the descending channel .

Aggressive return buy zones between 0.000044 - 0.000045
Modest return buy zones between 0.000045 - 0.000046
Safe return buy zones between 0.000047 -0.000048

Safe return sell zones between 0.000051 - 0.000052
Modest return sell zone between 0.000052 - 0.000053
Aggressive return sell zone 0.0000535 or above

Stop Loss 0.0000415
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