Top coin that has not shown itself properly yet Stellar Lumen
Stellar is an open source, decentralized protocol for digital currency to fiat money transfers which allows cross-border transactions between any pair of currencies.
In 2014, Jed McCaleb, founder of Mt. Gox and co-founder of Ripple, launched the network system Stellar with former lawyer Joyce Kim....
Yup. Will XLM break out? It's continuously building pressure on the downtrend resistance, but it's possible Bitcoin will correct before it gets a chance to see higher prices. Either way, a lot of money will be made, regardless of direction. It's been consolidating between 11 and 13 cents for quite a while now. This is pretty much an illustration of why there isn't...
XLM has retraced nicely down to the 0.7 ranges on the FIB.
However with decreasing volume it will be tough to see if it will expect a move up or not.
MACD is starting to look more bullish with an uptick on the histogram but still not enough confirmations on the RSI yet.
We are waiting to see if more confirmations are going to come through and a trend holds....
If you have no clue about the future TP levels for XLM I can help you!
Good luck!
PS.
Sorry for bad drawing (actually looks like worms) using an laptop. But I hope you understand what I wanted to tell.
BARS A & B ARE THE SAME LENGTH YET...
WITH 4X VOLUME, BAR B COULD NOT MAKE FURTHER DOWNWARD PROGRESS
HOWEVER...
NO LOWER SHADOWS AND REDUCED VOLUME SUGGEST A
LACK OF BUYING INTEREST ABOVE THIS SUPPORT LEVEL
LOSS OF BEARISH ENGULFING PATTERN SUPPORT...
SHOULD CAUSE PANIC SELLING INTO OPERATOR'S BUY ORDERS
ABOVE SIGNIFICANT PITCHFORK SUPPORT...
Last time you will see XLM at $0.123, it has double bull pattern with usd pair and a hughe falling wedge with bull div against btc, also the 3 moving averages are right below $0.123
