WhiteJesus

XLM USD

Panjang
COINBASE:XLMUSD   Stellar

On this chart I am examining RSI , Bollinger bands and EMA's (20.50.200) on the daily time frame.

The RSI isn't telling us to much but I was able to note where the sell offs typically occur on this coin.
We are in the low 50s on RSI and we have seen strong swings upwards start at this level so I suggest watching closely along with volume .

Bollinger band is tightening which I like to see.

We saw a nice bounce off of the 20/50 EMA . If we manage to stay above, I anticipate us breaking resistance at .41 cents and attempting to beak
the fib level @ .44 cents.

IF things go to the downside, I expect us to have strong our strongest support at .38/.35/.31. All is possible, however I don't see us going below .35 cents.

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Thanks!
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