StellarUpdated XLMUSD 1D - bulldivergence + double bottom?
XLM against the Dollar => is possibly printing a bullish divergence + double bottom.
XLM against the Bitcoin => falling wedge if broken 0.0000092 is a possible target.
XLM against the Bitcoin => falling wedge if broken 0.0000092 is a possible target.
Note
If XLMUSD is on a downtrend :) then going long would represent a counter trend trading. (represented on this idea)Below follows an update for both bullish and bearish cases.
Trade closed: stop reached
Bearish trade ongoing...
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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.