With the double doji it seems like there could be a reversal for xlm short term. Long term xlm is still looking great far above the MA 50 and MA 200.
Note
Seems like a double top right now and overbought on the RSI. I am hoping for it to reach 3600/3700 satoshis and then I will buy back in.Note
Double top confirmed we are hitting below 3700 satoshis as I update right now.Note
Personally I have re-bought at 3667 and 3679 satoshis. After the correction we should see a healthy trend upwards imo. If you liked this chart consider liking and following me for future charts.Note
The btc run has caused quite a dump. If you got in around 3100 you should consider yourself lucky as xlm is already recovering quite fast.Trade closed: target reached
Target has been reached
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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.