Lumen

Watch the RSI for bounce.

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In my previous TA I showed you the H&S pattern which completed. This fall (both BTC and XLM) was very obvious based on the trend and other circumstances worldwide.

XLMUSD : Head and Shoulders, Buyers Beware


We should wait now to see if RSI falls into that low 20s area and set up buys. Nothing falls forever and looking at previous we should have good support here. Historically .04c is a level that we should not go under.

Safe trading.

Penafian

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