FOMORON

2 resistances converge

COINBASE:XLMUSD   Stellar
My guess is that xlm will rise to these two converging resistances and get rejected. I see too much bearish sentiment toward xlm, and it looks like it's in an ascending wedge, which is a bear signal. I believe it could break down to the major major support line it's been building since the beginning of the year.

this is not financial advice.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.