TradingView
InvestingScope
Jun 13, 2018 7:46 PM

All targets hit. Expecting further downside. Short. Short

XLM / DollarBitfinex

Description

TP set: 0.27022, 0.2479 and 0.2153 hit, as the price moved exactly within the predicted 4H Channel Down (MACD = -0.016, Highs/Lows = -0.0139, B/BP = -0.0448). With RSI = 21.212, STOCHRSI = 16.729 and ADX = 78.629 now oversold, we expect a Lower High to be attempted near 0.2300. We will continue shorting for the next Lower Low near 0.17116709. TP = 0.1800.
More