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Trading View April 14, 2022

XLM broke out falling wedge and can shape inverse H&S

XLM broke out falling wedge and can shape inverse H&S

XLM broke out falling wedge and can shape inverse H&S

Stellar / TetherUS BINANCE:XLMUSDT

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#XLM/USDT
$XLM broke out from falling wedge , and hold the support zone .

🐮 holding the support can increase price to $0.23 that is around neck line of inverted head and shoulders pattern.
break out from neck line will increase price to resistance zone around $0.27 and $0.32.

🐻 rejection from neck line will drop price to break down current support and reach support zone between $0.15 and $0.12, that will be a pullback to broken falling wedge .

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