Possibility of a pennant forming for XLM/USD Stellar Lumens

Possible pennant forming for Stellar Lumens. If it holds the bottom of pennant may be good to buy in, but on the other hand, pennants can often change shape and form. This one I drew is just for reference.

We are at a longer term trend line resistance (not pictured on chart).

I am not a certified securities professional. I am not qualified to make a recommendation. This is not a recommendation. Consult your financial advisor or perform your own due diligence before making a financial decision.

Yorum:

Also, I used the wrong exchange. Kraken is a little sloppy on the candlesticks because it has low liquidity. So pennant will appear a little sloppy, let's see how this trade plays out though.