With the double doji it seems like there could be a reversal for xlm short term. Long term xlm is still looking great far above the MA 50 and MA 200.
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Seems like a double top right now and overbought on the RSI. I am hoping for it to reach 3600/3700 satoshis and then I will buy back in.
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Double top confirmed we are hitting below 3700 satoshis as I update right now.
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Personally I have re-bought at 3667 and 3679 satoshis. After the correction we should see a healthy trend upwards imo. If you liked this chart consider liking and following me for future charts.
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The btc run has caused quite a dump. If you got in around 3100 you should consider yourself lucky as xlm is already recovering quite fast.
Trade closed: target reached:
Target has been reached