XLM has been on a continuous downtrend for approximately 530 days.
As we can see, it is currently moving within a descending price channel .
I think we all know what important level it is currently sitting on :)
Yes, you guessed right; The Golden Fibonacci Ratio
At the time of writing, my bias is still bearish .
However, you can count on me to keep this special project under my radar when it starts forming bullish market structure. 🥰
Keep an eye on this one pattern watchers
Don't blink 😉
As we can see, it is currently moving within a descending price channel .
I think we all know what important level it is currently sitting on :)
Yes, you guessed right; The Golden Fibonacci Ratio
At the time of writing, my bias is still bearish .
However, you can count on me to keep this special project under my radar when it starts forming bullish market structure. 🥰
Keep an eye on this one pattern watchers
Don't blink 😉
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.