Stellar Lumens
Short
Updated

DOWNTREND CONFIRMED XLMUSD

164
Good morning traders,
let's upgrade the previous analysis that confirmed the low volatility of the coin. XLM was actually not ready for an uptrend yet.
The main upward trendline has just been broken confirming that XLM entered in a new bearish phase.
Our first target is $0,068 but an eventual breakout of this level could open really dangerous scenarios.
Trade closed: stop reached

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.