Resistance Just Became Support for XLM Next Stop ~1500+ sats
Updated
You can see we are about to cross over on the MACD on the hourly, good volume today so we could push up to next resistance level of 1550 sats.
As you can see, we are closing candles outside of the resistance line on the hourly (4hr chart about to confirm), which has now become our new support level. Next trend should make 1550 our new support level. Let's see how things progress...
*This is not investment advice.
*Disclaimer: I own XLM
As you can see, we are closing candles outside of the resistance line on the hourly (4hr chart about to confirm), which has now become our new support level. Next trend should make 1550 our new support level. Let's see how things progress...
*This is not investment advice.
*Disclaimer: I own XLM
Note
Support confirmed on the 4hr chart, may see this squeeze and drop to bounce off support and stay within the channel a little longer. It's climbing compared to 
USD so there is that bit of good news still in play, too.Note
Well she tried, but btc is just too strong. Looks like the green channel will be our trend for now. I will update later.Note
Note
Switching directions? Watch closely, reversal possibly incoming.
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