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
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