XLMUSDT after a false breakdown of the liquidity zone comes out of the wedge upwards and forms a momentum. Price is testing resistance at 0.0959 and confirms the limit zone. What's next?
Next we have a pre-breakdown consolidation and retest resistance at 0.0959. There is a chance to break through the resistance area . In this case the bulls will have the potential to grow towards 0.1400.
I expect breakout of the resistance at 0.0959 on the retest. The short-term target is the resistance at 0.1160, the medium-term target is the liquidity zone at 0.1400.
Regards R.Linda!
Next we have a pre-breakdown consolidation and retest resistance at 0.0959. There is a chance to break through the resistance area . In this case the bulls will have the potential to grow towards 0.1400.
I expect breakout of the resistance at 0.0959 on the retest. The short-term target is the resistance at 0.1160, the medium-term target is the liquidity zone at 0.1400.
Regards R.Linda!