InvestingScope
Short

Channel Down intact. Short.

BITFINEX:XLMUSD   XLM / Dollar
XLMUSD is now on the newly formed 1D Channel Down ( RSI = 42.503, MACD = -0.007, B/BP = -0.0164), which is clearly on less bearish bias than other cryptos, hence the low bearish gradient with the neutral STOCHRSI = 53.138, ADX = 18.755, Highs/Lows = 0.0000. Despite this, it is still restrained below the previous Triangle's supporting line (red dots) possibly due to the High Volatility (ATR = 0.0160). We are still shorting with TP = 0.1802 and 0.1713 (June 29, 2018 low).
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