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salmanijaz
Jan 14, 2018 11:37 AM

XLM in the descending channel 

Stellar Lumens / US DollarBittrex

Description

XLM is looking bearish

Personally i dont go short on coins ...

Just sharing to keep away from it :)

Best of luck
Comments
jamo265
not the case... technical analysis 101 says you need more than 2 touches to form a bearish channel. Xlm has hit a key .5 fib from the lows around .40 on 1/11 to the highs on 1/13. This thing banged off the entrancement level and is going to break a dollar by the end of January.
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