RSibayan

XLM - RANGE BOUND

RSibayan Updated   
COINBASE:XLMUSD   Stellar
XLM is going sideways and could now be entering the purple descending triangle.

The Golden Pocket (buy zone @ 0.283 to 0.288) is right underneath it, price could rebound from this area.

Two other buy zones @ 0.25 - 0.26 and @ 0.23

More power to your trades, my friends!


Ron
Intrepid_Trader



Comment:
MACD & RSI both have Bearish Divergences.
Possibly more downside price action for more buying opportunities.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.