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.
Once near that bottom, we can look for new longs.
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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.
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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
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still in that area, wait for breakoutaccording to RSI, it may need some more time
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Breaking out, if you want to jump on this train.n...better wait for consolidation or correction on lower timeframeNote
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. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.