XLM Breaking Out...?
Here’s XLM/USD on the 15-min. 2 things starting to unfold (patience might caution you to wait for more verification, but I like to roll the dice a bit)....
#1) XLM is breaking thru that dotted-purple line downward resistance. Has it flipped it into support yet? Well, no.
#2) Look at that Red-Blue-Green dashed-lines channel: XLM seems to be moving within there, ya? Granted, it’s not much of a trend, and may already be over, but....
Personally, I’m going to trade long on XLM until it breaks down or reverts back into doldrums. However, if you look on the Daily, XLM is way low for where it’s been trading. I say, “Due for a move up!”
The solid orange and blue lines are the 10 & 20 EMAs, just showing recent trends.
Anyone else still trading XLM, or is it just me?
#1) XLM is breaking thru that dotted-purple line downward resistance. Has it flipped it into support yet? Well, no.
#2) Look at that Red-Blue-Green dashed-lines channel: XLM seems to be moving within there, ya? Granted, it’s not much of a trend, and may already be over, but....
Personally, I’m going to trade long on XLM until it breaks down or reverts back into doldrums. However, if you look on the Daily, XLM is way low for where it’s been trading. I say, “Due for a move up!”
The solid orange and blue lines are the 10 & 20 EMAs, just showing recent trends.
Anyone else still trading XLM, or is it just me?
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