We touched the long term resistance based off the previous highs around $0.60 and had a pullback. The price seems to be consolidating in a horizontal triangle pattern. ABCDE Correction. In theory we should be headed back up to a retest and hopefully a breakout. If it fails, I would expect to potentially fall as low as the $0.51 mark where other supports...
This is Stellar XLM !
I’ve seen this going down and down and down for weeks. A couple of weeks ago, we saw this nice bullish divergence on the EFI and the MACD-H indicators.
It was going up pretty healthy and ready for a rally, only to be hit by BTC , which was barting down.
As a result, alts were hugely red, and XLM was no exception. It gave back the gains, but...
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot 3.06% -7.44% appears you buy, if a...
