We were analyzing XLMUSD graph but it looks there is no meaning to watch against USD. REal effect comes from XLMBTC correlation.
In XLMBTC It looks that we have two strong support now "0.0000076" and "0.0000078" will support to increase but also decreasing trend push from up and now we are end of the triangle now. So XLMBTC will chose the way.
BTC is going well, therefore i am positive for long position.
In XLMBTC It looks that we have two strong support now "0.0000076" and "0.0000078" will support to increase but also decreasing trend push from up and now we are end of the triangle now. So XLMBTC will chose the way.
BTC is going well, therefore i am positive for long position.
Trade active:
Unfortunately "0.0000078" and "0.0000076" broken very easily. If its not a bearish trap Triangle pattern is finished. Lets see if we will able to see daily hammer candle or not.
Need to break downtrend for long position.
Need to break downtrend for long position.
Order cancelled