XLM looks strongly bullish to me

Hello everyone,

this is just quick update for XLM as it looks very strong to me.

On the 4h chart it broke the red cloud resistance and even MA200 and it seems that it also backtested it succesfully allready.
If it can hold the important zone (green block) then it can see a further moove upward

On the Weekly chart if Bitcoin can close at current range it looks even stronger.
as Weekly bullish engfulling candle can be seen on the chart below

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ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.

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Commentaire:

Here is also update for Daily XLM/BTC chart. I see it as a falling wedge with 5 corrective waves started by bearish divergence and currently a spring at the end supported by bullish divergence. Looks also like we took a breakout earlier and retest of the falling wedge happend

Commentaire:

Weekly bullish divergence could turn into 3 white soldiers and further pushing upcoming weeks

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XLM is very strong

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Hope you are enjoying amazing profits on this free call

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We just keep climbing up

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XLM is hitting some BTC mighty resistance

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I would say same conditions as before

but this time might go even higher

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Going well so far (hiting some resistance here)

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still going up and volume increasing but on 0.3 USD lays a solid resistance so keep it in mind

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Doing great

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if it ould hold the MA as support then it could trigger another leg up

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Otherwise smart to secure some profits