Tradecipher
Short

SELL XLM again...

BITFINEX:XLMUSD   XLM / Dollar
Our chart last Monday on XLMUSD discussed a weekly trend that is very negative looking:

Regardless of Bitcoins action, XLMUSD will continue to selloff as BTCUSD dominance increases.

In this weeks chart we highlight three key support and resistance prices. Should price decline below $0.072 support it will likely fall to our quarterly target of $0.055

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Comment: We just released our FREE XLMUSD report for this week: http://bit.ly/Aug12XLMFree
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