Se7enSkies

Them Sexy Monthly Candles

COINBASE:XLMUSD   Stellar
In my last post about XLM, I pointed out that my sell target was around 38 cents. I still haven’t changed my target, but I was playing with the monthly chart and I just want everyone for a second to imagine a big giant green candle like this. A candle like this would be better than a thousand orgasms combined. The ascending triangle is drawn only considering closing prices of monthly candles. With that being said, if we want to visit the resistance trend line then the price would have to take itself to 53 cents a piece. Breaking out of this triangle is the heaven we’re all waiting to see.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.