Following Fibonacci levels. Short on retracements.

XLMUSD crossed the 0.22 Resistance, essentially breaking the 1D Channel Down pattern (RSI = 71.105). The short was closed upon this break out, since the volume was high enough to support a rise to the previous Lower High = 0.3115. Modeled after some Bitcoin retracement zones, Stellar will either reverse now or above the 0.618 Fibonacci retracement (0.3600 - 0.3785). A short has been currently added now with 0.3111 as stop and if crossed the next will be at 0.3657. The Target is 0.21987. The currently overbought 4H (RSI = 81.907, CCI = 238.4971) and 1D (STOCHRSI = 100, Williams = -10.060, CCI = 274.0880) should not be taken lightly.