bike4sail

XLMUSD

Long
bike4sail Updated   
COINBASE:XLMUSD   Stellar
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
Comment:
XLM looks to have found support lower than expected at .195. I don't expect it to go lower than this.

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.