alkomart

XLM Cup & Handle formation but must clear resistance at 0.00003

BINANCE:XLMBTC   Stellar / Bitcoin
XLM momentum seems to ebbing down after the Money 20/20 / IBM world wire news.
A clear cup & handle formed, but the subsequent run got stopped at resistance at approx. 0,00003 BTC / XLM
The weekly chart looks still good with bullish cross-over on the MACD , but this must be confirmed with the next candles.
Outlook: if 0,0003 line is broken, I'll be further bullish .
XLM could draw capital from XRP now based on the recent IBM /Banks deal.

No financial advice, DYOR always.
Cross fingers & c ya

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