XLMUSD
2 major hurdles in the road for XLM currently:
- The logarithmic channel's midline, which was recently rejected last week
- The 0.618 fib just above the midline
This should prove quite difficult on the rise up past these areas.. However, if XLM manages to push past, we will see a move towards the ATH & reaching the 0.786 fib at $1.85 before any significant pullback
Comment:
We've turned the 0.5 fib to support also!
Comment:
3hr pinbar + bullish ABCD