XLM - "El Barto" - with more room to go down

XLM is looking like its in a weak support area here

I'll be keeping an eye on it and playing the price action based on the way it reacts to the areas shown. as well as the EMA/SMA combos i use across various time frames plus a few indicators (not shown)

i think it has some room to drop some more but it may stay in the minor support zone if BTC continues to go sideways for while.

my published charts are just for fun to click on when trading days are slow like this. i only scalp price actions.
-cheers-

*Safe Trades & Happy HODLing*

Trade fechado: objetivo atingido:

now that we're in the bottom drop zone I always wait for trend reversal and confirmation before entering into a trade - with Alt coins behaving the way they have been it is possible we revisit the previous lows before price action reverses. it is never recommended to buy into an asset as it is decreasing in value - IMO its best to wait for trend reversal, and always mange risk properly - *cheers*