XLMUSDis shaping a rounding bottom pattern on the lows, giving credit to a further rise. The Hourly-RSI keeps upside potential holding above the 40% critical support area.Trade closed: stop reached
Unfortunately it 'destroyed' the inflection level without any reactiona nd even accelerated down. May keep an eye on at 0.1065 as the RSI is lying on a support area. But await for a bullish signal to be triggered to reinstate the bullish scenario.Will send an updated view asap
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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.