Stellar LumensMis à jour XLM Triangle Formation on Daily
Looks like a Triangle has formed on the daily chart. I would like to say I’m bullish, but there is a lot of bearish sentiment out there right now. Lots of talks of bull traps and fear and greed index warnings. On the flip side there have been higher lows and with the release of Horizon 2.0 XLM may have the strength to push to .64 or even .69. This candle will mean a lot as it appears the MACD is flattening. A good day could give a bullish cross. If this candle closes bearish there is potential for a 25-30% ride to the downside. Play this one carefully.
Note
I realized that the chart image didn't show the potential gains and losses. Posting a zoomed out view below. Notice the dotted green trend line coming off of the previous highs lands right around .69
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.