#XLMUSD - Drop to Recent Support, or Further?
After a very healthy 15% gains from a recent #Lumen Long trade with Crypto Tipster v2 we've now been shown a Sell signal after testing and getting rejected by strong descending resistance.
We do have a reasonably close level of support with #XLM, how strong this support turns out to be is the question (isn't it always!) We'd set a TP1 level on this support with TP2 at the obviously strong level underneath this.
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We do have a reasonably close level of support with #XLM, how strong this support turns out to be is the question (isn't it always!) We'd set a TP1 level on this support with TP2 at the obviously strong level underneath this.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Note
We had the drop spot on, the price has since risen a little higher than expected, but only a little.Are we going to continue seeing the path as per the prediction? That would indicate a drop incoming! 👀
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Related publications
Disclaimer
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.