Stellar is Set for a New Rally
Stellar is recovering since September 2 after hitting a low at 0.1110. The XLMUSD touched the support of an uptrend yesterday and is set for a new rally. However, it is too late to open long trades now. It would be better to wait for a correction, and then look for a long trade at 0.1275-0.1285 with a target at 0.1360, the high of August 16. The stop loss can be set slightly below 0.1240, the low of September 11.
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