XLMEUR Will It Replay What Happenend Previously?
The past huge pump for XLM we had we had a small consolidation with a breakdown into conso back into pump.
What could be a potentional scenario is that we do the same currently.
We just had our consolidation MACD is crossing bearish so a possible sell indicator. Aswell with the bearish divergence from previous top and current one.
Staying above the green trendline ( which only connect the dips from the consolidation ) is key. If we break it another -20% correction would be in the making the day after. So be carefull.
Not Financial advise do your own research and have fun trading :D
What could be a potentional scenario is that we do the same currently.
We just had our consolidation MACD is crossing bearish so a possible sell indicator. Aswell with the bearish divergence from previous top and current one.
Staying above the green trendline ( which only connect the dips from the consolidation ) is key. If we break it another -20% correction would be in the making the day after. So be carefull.
Not Financial advise do your own research and have fun trading :D
Komen:
Found previously support and now on it's way to break curren yearly high.
