- XLM has created a relatively strong horizontal support (green horizontal line), so downward movement should be limited
- XLM is about to break through the triangle, which would immediately push it upward
- Also note below: the is about to form a golden cross just below zero (red & blue lines crossing)
- is somewhat more in the "oversold" region
What do you think?
This here was my first post and I actually wanted to include more analysis (+ stating how to interpret the triangle to be able to drop the trade timely if not panning out), but couldn't find a way to include more graphs :-)