XLM BTC -correction... boom
https://www.tradingview.com/x/QX0b9DRA/
Looks like XLM is due for a correction soon...On the 1 day chart we could possibly see the support of the gold line, where today's price fell below the bollinger bands. We could also see it run along the lower red flag before a breakout and ride the blue line up into major profit. The black line would be the strongest line of support, touching the previous low along with being at .618 retracement from the next low after the head and shoulders trend reversal at around 900 sat.
RSI looks great. :)
Looks like XLM is due for a correction soon...On the 1 day chart we could possibly see the support of the gold line, where today's price fell below the bollinger bands. We could also see it run along the lower red flag before a breakout and ride the blue line up into major profit. The black line would be the strongest line of support, touching the previous low along with being at .618 retracement from the next low after the head and shoulders trend reversal at around 900 sat.
RSI looks great. :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.