Long

XLM upward channel formation?

Updated

Is XLM establishing an upward channel formation?

Trade active

Trade closed manually

Unfortunately, this chart is reliant on BTC. So, BTC could tank hard, and XLPBTC would stay the same... but XLMUSD would be dropping. Waiting for a better setup to prevent itself.

Note

Ha - realized this chart was plotted against USD. Still, better to await for a confirmation of a bump off that support line before initiating a trade. XLM is still very dependent on BTC, even if this chart is not.

Note

We are getting a really nice rally here. Let's see if it holds up if BTC starts downturning. I think we may have one last opportunity to buy in here.

Trade active

I'm liking what I'm seeing with BTC right now. And long-term.... I stinkin love this coin. Trade is active at 0.345!

markoshust

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