Graphical analysis of XLM direction according to trend patterns:

Observe the daily analysis of xlm forming a possible Descending triangle. This is a continuity triangle. That is, probable continuation of the trend of the main direction. The break of the triangle support at $0.1046 will mark its direction.

1- The upper diagonal line points the direction of the trend.

2- Lower horizontal line, marks life support. If the support is broken, the price will seek new lower horizons. projecting its fall to $0.09

3- This is analysis and is based on graphic patterns. the formation of the pattern must be understood in order to operate it. It is not a recommendation.

4- To operate you have to wait for the pattern to break and wait for a reversal of the trend.

INVALIDATION of the bearish descending triangle:

If the price breaks the upper diagonal line marked a possible bullish direction, however several conditions must be taken into account.

1- Wait for the price to break the triangle to make a decision.

2- Wait for the price to return or pull back and be careful with manipulation.

3- Observe the volume.

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