XLM blasted through the 50D MA like a rocket, followed with a solid break & close above the down trend and has moved into a very positive Gann Fan channel. Volume oscillator seems to be bottoming out, confirmed by the RSI confirming a rising trend in strength. Should see a mild bounce & some consolidation near local ATH.
Presently bumping it's head against the 21D MA, might get a quick dip before moving on up.
Presently bumping it's head against the 21D MA, might get a quick dip before moving on up.
Note
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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.