XLMEUR has fallen out of its triangle move on 5th of September following BTCs sharp drop.
Since then it is going down in a falling wedge formation and there's also a bullish divergence on the 4h RSI.
Additionally XLM had promising news recently about IBM Blockchain World Wire which uses the Stellar protocol.
Support levels is between 0.160 and 0.163 €.
Next support around 0.154 and 0.150 €.
Targets at 0.179 and 0.2 €.
I'm not a financial advisor. This is just for your entertainment and to share my thoughts.Pls let me know what you think in the comments.
Trade at your own risk and use stop-losses.
Since then it is going down in a falling wedge formation and there's also a bullish divergence on the 4h RSI.
Additionally XLM had promising news recently about IBM Blockchain World Wire which uses the Stellar protocol.
Support levels is between 0.160 and 0.163 €.
Next support around 0.154 and 0.150 €.
Targets at 0.179 and 0.2 €.
I'm not a financial advisor. This is just for your entertainment and to share my thoughts.Pls let me know what you think in the comments.
Trade at your own risk and use stop-losses.
Nota
First target reached.Nota
Second target reached. Take at least some profit and secure the rest with a tight stop loss below the little bull flag forming ~ 0.195ish.
Let's see whether it goes further or BTC spoils everything again.
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.