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Bojangles92
Feb 5, 2024 7:17 PM
XLMUSD: 2 OPTIONS
COINBASE:XLMUSD
1D
Stellar / United States Dollar
Coinbase
Description
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Feb 5, 2024 7:17 PM
Two options I see:
1) We consolidate within the triangle and eventually break up to retest the .786 fib.
2) We consolidate within the triangle and eventually retest the long term trend dating back to May 2020, lowest possible .092 cent range.
Tell me what you think the gods will deliver us?
Cheers,
Bo
Trend Analysis
Chart Patterns
Comments
SforShiraz
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Feb 6, 2024 8:00 AM
if price closes below the support at 10.7 cents, then No. 2 will play out.
Bojangles92
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Feb 6, 2024 12:44 PM
@SforShiraz
, Seems probable
MyCryptoParadise_Nathan
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Feb 6, 2024 6:26 PM
Looking forward to seeing how the market unfolds! Keep up the great analysis!
Bojangles92
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Feb 6, 2024 6:27 PM
@MyCryptoParadise_Nathan
, Cheers!
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