XLM is looking beautiful here for the rollover, although we have seen the rally across the board on crypto- The market structure is still bearish. We can see the LH and LL formation is very much valid.
From a 4H perspective price previously made a BOS and formed a new LL this move has been followed by a retracement which is currently consolidating below the 0.786 fib resistance, we are monitoring PA on the LTF for potential short entry confirmations.
From a 4H perspective price previously made a BOS and formed a new LL this move has been followed by a retracement which is currently consolidating below the 0.786 fib resistance, we are monitoring PA on the LTF for potential short entry confirmations.