XLM Path to Top of Channel

Stellar / United States DollarCoinbase

Description

⋅ Oct 22, 2019 1:05 AM

I'm hoping for a repeat of the previous rise to the resistance of the parallel channel. It looks like we've broken resistance and are on the way. The only thing standing in the way is the large resistance in red.

Comments

bubbles52

⋅ Oct 24, 2019 1:55 AM

This chart just goes to show how much technical analysis is nothing but a combination of hope and guessing.

CryptoSimons

⋅ Oct 24, 2019 2:07 AM

@bubbles52, If you don't take into account stop losses and statistical analysis, sure I agree

baseballpro10

⋅ Oct 22, 2019 2:34 AM

,066 Heavy resistance??

CryptoSimons

⋅ Oct 22, 2019 2:39 AM

@baseballpro10, yes, a breach of it would almost certainly mean reaching 0.069

baseballpro10

⋅ Oct 22, 2019 3:30 AM

@jackzumwalt, Thanks! Was waiting on a confirmed breakout to take a position, I think there's a lot of upside here.

baseballpro10

⋅ Oct 22, 2019 3:31 AM

@baseballpro10, recent uptrend is ok, but I need the glory days of .20-.40 :)