Hello everyone!
In this chart we are evaluating XLM /USD and where we stand as of 04/12/21. When creating this chart I reused the trend lines and what was the dynamic resistance line from my previous charts (yellow line). We know we have resistance at .66 cents and depending on weather we can stay on top of the yellow line will tell us if we're going to continue the trend upwards or break into a new trend in our lower channel. I am personally very bullish on XLM at this point in time and I do expect another push upwards. This is just my opinion however and I must always urge that everyone does their own research and due diligence.
As always, I am NOT a financial advisor and this is NOT financial advice.
Please like comment and follow if you enjoy the content.
**Please feel free to request charts on other assets if it will benefit you. I will do my best to show my perspective in a timely manner.**
As always, Thanks!
In this chart we are evaluating XLM /USD and where we stand as of 04/12/21. When creating this chart I reused the trend lines and what was the dynamic resistance line from my previous charts (yellow line). We know we have resistance at .66 cents and depending on weather we can stay on top of the yellow line will tell us if we're going to continue the trend upwards or break into a new trend in our lower channel. I am personally very bullish on XLM at this point in time and I do expect another push upwards. This is just my opinion however and I must always urge that everyone does their own research and due diligence.
As always, I am NOT a financial advisor and this is NOT financial advice.
Please like comment and follow if you enjoy the content.
**Please feel free to request charts on other assets if it will benefit you. I will do my best to show my perspective in a timely manner.**
As always, Thanks!