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XStellar Lumens / Bitcoin
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$xlmbtc showing weakness, might retest the bottom

814
XLM is showing some weakness in an ABC correction, RSI and MACD about to break the trendline and heading towards the previous bottom.
Once near that bottom, we can look for new longs.

Nota
Touching the target box, watch priceaction for a strong bullish candle.
Breaking the yellow supportline means further downside.

Use proper moneymanagement: cut your losses and let your winners run.

snapshot
Nota
Yellow trendline was broken, so further downside as expected.
Due to BTC's bullrum, Lumen is back in its accumulation zone.
Could take some time before it goes up again, BTC has to calm down first and we need to see some good bottoming

snapshot
Nota
still in that area, wait for breakout
according to RSI, it may need some more time
snapshot
Nota
Breaking out, if you want to jump on this train.n...better wait for consolidation or correction on lower timeframe

snapshot
Nota
Still struggling due to BTC bulls. I'm expecting more downside into the accumulation zone from earlier this year and maybe some decent bottom forming before new upmoves.

snapshot
Crypto_Ed
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Wave AnalysisXLM

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Wave AnalysisXLM
Crypto_Ed
Também em:

Publicações relacionadas

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.