Hey guys!
XLM 1/5/2019 analysis
Timeframe: 240 (4h)
Analysis: XLM is getting closer to converge, 2 days maximum. So we're still in that Falling Wedge I talked about 2 days ago and near a strong horizontal support (green, 2930ish sats), stop would be below 2886 sats (purple line)
Falling Wedge is a Bullish Pattern that breaks out most of time. Also we ave Bullish Divergences on Daily Timeframe.
We can buy the support or the breakout.
So that's it. Let's see what will happen in 2 days.
Trade safely.
Cya!
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