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Dangermousebanana
Oct 19, 2020 10:20 AM

I like XLM at this point !! Long

XLM / BitcoinBitfinex

Description

XLM looked like it broke out some months ago ....
It came back inside the multi month yellow channel and went as low as to touch the inferior line of the channel.
It tested it and shot right back up !
Since then XLM is performing very well.
.... and we are again approaching volume vacum.

I like XLM at this point !!
Comments
InkyGrip
perfect analysis! 🦐👍🏻
Dangermousebanana
@plancton0618, thanks !!
VincePrince
The volume profile is essentially here, thanks for your update.
baseballpro10
whats voluime vaccum
Dangermousebanana
@baseballpro10 @baseballpro10, it is a price zone at which the asset has been little sold or bought (few transactions). Since there have been few transactions at that level, there is little resistance and price tends to spike like dust in a vacum cleaner.
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