XLM will likely drop back towards 1850-ish prior to rallying.
Note
1855ishNote
Hmm... ok. Possibly broke above falling wedge, or still on way to reaching D. If price breaks above A price then definitely out of wedge.Note
Yep. Accidentally posted update in comment. GG. Phone: 1 Me: 0.Order cancelled
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Woo glad I didn’t cancel the entire order. Price dropped and I bought in at 1860. Continuing to eye to potentially further buy in at lower prices.Note
Got more at 1851. Done buying in. Though might go further down. Seems possible for price to drop as low as 1794. Dropping lower than that would breach major support.Note
Let’s see whether price holds above here.Note
Looking good price-wise but not much of volume confirmation.Note
Also, could be testing support based on previous chart.Disclaimer
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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.