XLM BTC DROP CONFIRMED
XLMBTC is situated into a triangle which in my opinion will touch once again the support of this triangle which is situated at 3500 sats.If BTC will make a breakdown XLM will be hit for sure 3389 and 3248 sats minimum.
So,we have a FREE FALL in Stoch and also bearish divergence
Macd bearish divergence and also first red candle(if they are going below neutral zone-0 will be a sell-off)
RSI bearish divergence and also dropping
In my opinion the price will going down for our first target which is 3500 sats(support fr
Xlmshorts
(Sell Stellar Lumens) XLMUSD Technical Analysis for May 7, 2018Hello Traders,
Clear rejection of higher highs at 50 cents. Because of that stochastic sell signal and a break below the middle BB, we might see prices going lower and as such 30 cents is our ideal bear target before prices recover and edge towards 70 cents.