XLM looks to be coming to a potential point of Ignition.
-Has found support on the 12 Hour level
-About to float through a 12 Hour Down Trend
-Has added support from the 4 Hour Up Trend
I have entered this trade at 2530 and expect to see a move up to First Touch the 2706 4 Hour level. I then anticipate a move back down to the 4 Hour Uptrend then possibly ladder to or beyond the tested Daily level of 2975. I will monitor and update on entry and exit of the second part of the trade based on Price Action.