germac

XLM trends converging, bullish flag or terminal decline?

BITTREX:XLMUSD   Stellar Lumens
The descending channel is clear. If you are an eternal optimist you might see a bullish flag, but maybe a realist says that the ascending trend line means nothing, and the descent will break through it soon anyway... it is possible that XLM will continue to fall and never recover. Where is the good news? It's not like XLM is going to develop a new winning product... the choice now may be between saving some of your investment or losing it all.
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.