Despite the push MFI suggests volume is not present after the sell on the 20th. Expecting retrace. I've moved the down trendline to ignore the peak at the beginning of April - aligns better with current sell pressure. Will adjust if we shift up to the 7,900 mark.
I'm taking a little risk on the expected retrace with my XLM holdings but happy to take some profit.
Buy pressure is good with the potential of the ETF (and 10000000X gains ;) but the ALTs are going to have to wait until this run eases off in the next few days.
hardforky
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2 hr suggests that a breakout is possible and imminent
hardforky
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@hardforky, rising wedge failed and broke down as expected