Hello everyone, XLM/ USDT is in a bearish channel with a cross for the rising signal on the HMA.
Great possibility of breakout on this movement to come again on resistance with the search for the HMA200 day test, which corresponds to the check of the bearish trend line (orange).
At this level the price can pull back down unless the price target reacts to support, a recovery will require a strong validation of the price increase.
This is not investment advice but a usage recommendation.
Thank you for taking the time to read my analysis.
I hope you will have liked it.
Comment on your ideas in the space dedicated to the description.
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Great possibility of breakout on this movement to come again on resistance with the search for the HMA200 day test, which corresponds to the check of the bearish trend line (orange).
At this level the price can pull back down unless the price target reacts to support, a recovery will require a strong validation of the price increase.
This is not investment advice but a usage recommendation.
Thank you for taking the time to read my analysis.
I hope you will have liked it.
Comment on your ideas in the space dedicated to the description.
Please LIKE & FOLLOW, thank you !