XLMLong
XLM daily
XLM daily chart is forming a down trend,however it did test resistance level around $.20 This level of resistance is weak from testing previous times.
If we break through we should go up and test the $.24 level of resistance.If this happens our new support will be around $.20
RSI is sitting around the 43 area and appears to be moving upward
(relative strength index)
MACD is close to a divergence with the blue line crosses the red line.This is a bullish signal.
BUY ORDER @ around $.18
STOP LOSS @ $.17
If we break through we should go up and test the $.24 level of resistance.If this happens our new support will be around $.20
RSI is sitting around the 43 area and appears to be moving upward
(relative strength index)
MACD is close to a divergence with the blue line crosses the red line.This is a bullish signal.
BUY ORDER @ around $.18
STOP LOSS @ $.17
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.