XLM will bounce off support to go long... but which support?
Stellar Lumens / XLMBTC has a bearish divergence showing and we can see that it might fall a little bit in the short run.
However, we have 3 supports and a trendline support that we can see that might hold the little up streak. From current to Support Line 3 is about a 20% drop, which in my opinion is not likely (but who knows).
For me, the most likely scenario is Possibility #2 and Possibility #1 as it will be healthily be bouncing inside the ascending channel.
*NOTE* : the green lines signaling up trend doesn't show stop points. it is just to indicate that there will be an uptrend. Thank you.
However, we have 3 supports and a trendline support that we can see that might hold the little up streak. From current to Support Line 3 is about a 20% drop, which in my opinion is not likely (but who knows).
For me, the most likely scenario is Possibility #2 and Possibility #1 as it will be healthily be bouncing inside the ascending channel.
*NOTE* : the green lines signaling up trend doesn't show stop points. it is just to indicate that there will be an uptrend. Thank you.
Nota
It got to the possibility #2 and had a small bounce back. Will this be it or will it go to possibility #3 (support 3)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.