XLM has created head and shoulders and broke down below the yearly/monthly resistance.
I would not recommend buying or shorting atm because you don't know where the market will move to.
What you need to be watching is if the xlm can move back above the yearly/monthly resistance or dip all the way down to second pivotal resistance( a potential buying spot).
I'm not in any positions atm.
Good luck and let me know if you have any other thoughts.
I would not recommend buying or shorting atm because you don't know where the market will move to.
What you need to be watching is if the xlm can move back above the yearly/monthly resistance or dip all the way down to second pivotal resistance( a potential buying spot).
I'm not in any positions atm.
Good luck and let me know if you have any other thoughts.