TA Explained XLM broke resistance level in July and retraced back to it to confirm broken resistance as support as can be seen at the 3D chart
Price is engulfing the previous daily candle and tries to break the mid line resistance of this channel. Once successfully broken, price will try to test the upper line of channel. 4H chart is showing an uptrend creating higher highs and higher lows. SL below previous daily lows.
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