XLM BULLISH idea
Updated
After the bearish trend due to the previous price breakout XML is forming a new UPtrend
Price got rejected at the 0.786 fibonacci level forming a bullish divergence
RSI level is ~50 leaving still much space to grow futher
Nice parabolic formation pretty similar to the previus one.
I am BULLISH about XLM thinking we are going to repeat a parabolic movement , at this point we may be at the yellow marked zone
Price got rejected at the 0.786 fibonacci level forming a bullish divergence
RSI level is ~50 leaving still much space to grow futher
Nice parabolic formation pretty similar to the previus one.
I am BULLISH about XLM thinking we are going to repeat a parabolic movement , at this point we may be at the yellow marked zone
Trade active
Huge verticalization on XLM in the last days, my target is going to be 0.785$
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