SebastianDell

SebastianDell

Some random thoughts. I still think a correction is coming soon.

SebastianDell

It's been an interesting afternoon. The value has been stuck in the range 0.06 € - 0.057 € for the last few hours. There seems to be an upward trend line, but right now, looking at the positions, I wouldn't bet that the value doesn't break it and we see a severe correction; resistance at 0,0593 € seems to be pretty solid right now. What's more, I actually think...

SebastianDell Updated 

Another update from a newbie. XLM left yesterday around 16h (UTC+2) the channel it had been moving since April 6th, and gained some additional momentum leaving also the small channel. After a couple of tries to today's resistance at 0,0538 €, it went easily to the ceiling of the primary channel, where it seems to be facing some resistance. Right now, I wouldn't...

SebastianDell Updated 

Following with yesterday's ideam, seems like XLM is recovering some momentum in the last 24 hours and trying to go back to the previous channel. Just a (newbie) idea.

SebastianDell

Just some random thoughts from a newbie. The initial channel seems pretty clear to me, but a second one seems to be forming in the latest days, after losing some bullish strength. The next days will show if we keep moving in the primary channel or if we're moving to a slower one.