XLM/USDT : Divergence into bullish market
XLMUSDTHello everyone😃
Bullish side📈
- EMA 20 is supporting XLM on 6H timeframe
- Bullish crossover on Stochastic RSI
- Trend into Ascending channel
- Broke heavy resistance level and take hold above it !
Bearish side📉
- MACD is bearish
- double divergence on RSI
- Helical indicator is bearish
For next hours we would retest support but in daily vision we had bullish FIBBO retracement which have to retest level 5 and bull again to next resistance.
Also XLM could range for some hours !
As we are holding into channel, major movement is bullish.
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
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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.