XLMUSD
is neutral-bearish. As long as we remain above the blue uptrend line there is a potential for more upside.
Steps to take:
1) Buy at blue uptrend area OR multiple buy signals OR at .308 support area
2) Sell if candle open/close below .308 support area
Can also buy with candle open/close above resistance at .361 area
Steps to take:
1) Buy at blue uptrend area OR multiple buy signals OR at .308 support area
2) Sell if candle open/close below .308 support area
Can also buy with candle open/close above resistance at .361 area
Comment:
XLM looks to have found support lower than expected at .195. I don't expect it to go lower than this.