Breakout soon to come for XLM/BTC

Hold your horses and get ready for a breakout for XLM/BTC.

This is an ascending triangle which mostly break out bullish ( it can break bearish no hate if it does ).
We are making "valley's" on the resistance line and which are getting smaller and smaller. We're getting close to the Apex.

XLM's breakout could possibly end the downtrend we're still facing ( vs BTC and vs USD/EUR ).


Not financial advise, do your own research ;)

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This is the daily view of it MACD lines are crossing bullish of today we break out bullish otherwhise they start diverging.

Watch the trendlines.

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Probable fake out happening be carefull.

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Daily timeframe is looking bad currently :/

RSI rejected => next target oversold territory => Descending triangle is gonna break to the downside probably.

Not financial advise do your own research.

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We got rejected from the resistance and came to 617 now we're back up to 632

RSI only thing that's looking bad on the daily MACD eventually had it's cross after waiting a day, where both lines where close to each other.

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Wainting for RSI to cross the line we're currently facing on the RSI. if it goes lower we're likely to breach 580 then IMO or at least go to support. and hope for a bounce.

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I'm looking for a green hammer candle to be formed at the end of the day.
Which would mean a proper bounce from the 20Daily MA
Which means we've found support :D

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Woops wrong chart mb ^^