BITTREX:XLMUSD   Lumen / US Dollar (calculated by TradingView)

* We always provide both the bullish and bearish scenarios because the traders should be aware of what to expect in both cases.

Stellar suffered mainly from both the downtrend and the 20-day EMA , they keep pushing Stellar down. We are now close to the first support level at $0.15, this is the low of March. 13, and should be watched carefully because if it is broken down a fall to $0.10 is possible.

Therefore, we don't recommend any fresh positions until the bulls can push Stellar above the downtrend and the 20-day EMA . If this happens the first target will be at $0.30.

Please be noted that I'm just giving the possible higher or lower levels developing according to the chart patterns. It's my own analysis. You should conduct your own research when making a decision.

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