Watching uptrend line and support lines for confirmation Trade can be taken if resistance lines are broken Best of luck
On the following days, XLM better break the resistance or it will continue its downtrend down to almost the same value it was before. If it breaks, it may have a long channel up ahead.
1. Really close to AB=CD Pattern 2. MACD+RSI Diverging on 4H 3. Close to fib cluster 4. Supporting volume 5. At least a decent bounce is awaiting, forming a HH and HL will be good entry signal.
XLM may be getting ready for a new run up to the highs. Price found support at the previous low and closed significantly above it. MACD and Godmode are both giving bullish signals, with MACD crossing Signal below the 0 line for the first time since the uptrend began. I am anticipating a run up to the longer term trendline. 1st target will be .054-.06
Increasing RSI, Bollinger Band squeeze, bullish pennant....all the same reasons for ripple and steems spikes... GO LONG
Needle in a haystack, but I found it.