XLM broke up out of the triangle, breakout validated by the increase in volume.
Next resistance is 0.00047 which is the 0.5 Fib level and previously identified support.
Will definitely be a key level to watch within the next few days.
BTC going down to the the oversold area on the RSI, major bullish divergence identified.
Prices touched the 200 MA but will have to wait and see if the daily candle closes below it.
If we bounce here, there will be major resistance at $10.4K where it was previously major support.
Neither bullish nor bearish at the moment but still rooting for you, big brother BTC.
Have been following XLMBTC since a couple of days ago and so far, it has been respecting every resistance/support area identified using historical information.
Bounced off the 0.5 Fib line and is making its way back up to resistance range at 5K. Let's see how it does when it gets there.
If ICX can break through the major resistance at 85K, the next target is 100K (1.618 Fib level).
RSI shows a weak bearish divergence and MACD looks like it's about to get crossed so keep an eye out.