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molbioinfo

XLMUSD may drop really hard, best wait for retest of support

Stellar (COINBASE:XLMUSD)  
molbioinfo Updated   
COINBASE:XLMUSD   Stellar
Trend Analysis
4
3
trendanalysis
Huge ascending triangle, bull dream if it goes up, bear dream if it goes down.
Comment:
The RSI has broken the trendline, losing momentum. If this week closes around current price or lower, it could go down to 0.05-0.07, depending on how hard the rest of the market goes, I think. 0.003 is super super far-fetched, but you never know with crypto.
If it found support around 0.07, it would be likely to see a 10X bounce to test around 0.76 again though!
snapshot
Comment:
The monthly gives another picture. Perhaps that support around 0.07 is possible. The descending triangle of RSI is bullish, so a breakout upwards (after the downside suggested in the weekly chart) suggest quite a big room for price increase.
snapshot
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