ZaveraJan-Bogdan
Long

XLM - bearish signs

BINANCE:XLMBTC   XLM/BTC
XLMBTC had a lot of bearish signs lately with 3 falling triangles that are encased in a larger falling triangle on the 4h chart. If it closes above the 23.6% fibonacci and it's confirmed by a bounce than we can see a good level for entry and a change to see it run to ~60000 satoshi. If it falls through the 61.8% and the support doesn't hold we have a bigger chance it will drop even further. The downward bounce on the ~35400 satoshi level will conform a larger fall downwards to maybe ~30000 satoshi or even lower.
Really noob at charting and lets say TA. Any mistake you see, opinion or idea is appreciated as I could improve my skills.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out