Ascending Triangle on 1D.” by trader InvestingScope — published November 14, 2018 — TradingView

XLMUSD             has been one of the strongest performers of the past 2 months. Proof of that are the Higher Lows printed on 1D since Sept 11, that have created an Ascending Triangle ( RSI = 55.984, MACD = 0.007, Highs/Lows = 0.000             ) with 0.3053 as its Resistance. If the price rebounds on a new Higher Low near 0.2325, then it will most likely test the 0.3053 Resistance. Otherwise it may test the 0.18020 Low again. Note that this is a medium/ short term pattern. In order for XLM             to restore a longer term buying sentiment, the 0.3523 Lower High on 1W needs to break.

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