Stellar Lumens
Long
Updated

XLM/USD Upward Pressure to Continue

1 424
XLM/USD is likely to continue making higher highs and higher lows in our 3h, 6h,12h and 24h Timeframes.

NOTE: This is around our previous highs found in November 2020. We could reach exhaustion around 23 to 24 cents. Before setting up to going higher after our brief pullback.
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Already made it up to the RED UPPER BB on the 6h and 12h TF(right center, far right)

Likely to see price action slow and trend sideways to allow BB time to continue expanding.
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90min (far left) and 3h (left center) showing signs of exhaustion. White energy in 90min is below 70 with a ~45 degree angle of descent.
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Could this downward pressure be our higher low after our higher high?
IF white upper BB holds as support, price action could resume upward.
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In the scalping group 12min, 23min, 45min, and 90min upward pressure is commencing, we could have found our higher low, now attempting to try for another higher high.
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Likely to see 23min white energy cross above 50 level indicating upward pressure. (left center)
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Upward Pressure
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WOAH! Could be our blown off top

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