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dylandeheer
Feb 3, 2021 10:15 AM

A quick check on $XLM on the hourly Short

Lumen / U. S. DollarKraken

Description

People in our community are keeping checks on XLM and want to know what's likely to happen in the foreseeable future. My take is that the pennant shows quite weak support on the uptrend and is more likely to break below within the next 2-8 hours. If it does close below somewhere on the 5 and 15-minute timeframe it's recommended to short.
Comments
Gentlebender
My feeling exactly. I still think it's going to shoot up in the coming few weeks though.
FlowersFor
AD is low,while price goes up.
So it can be very true price will coming down soon
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