Greetings!
In this chart I am giving another update on XLM and where we currently stand as of 04/04/21. We have been making some good price action in the past days which I am happy to see. We saw a crossover on our MACD and our RSI is in neutral territory. We have seen launches upwards from this RSI level play out before and also drops so again, please keep an eye on volume . We do need to see volume pickup but I expect this will occur once we get confirmation above .47 cents. As always we are at Bitcoin's will as well so keep that in mind as well. I have boxed out the MACD & RSI where we began a move upwards in the past. It's not definitive BUT it is looking similar to me. As our Bollinger Band begins to widen we very well could follow the upper line until we are extremely overbought.
This is NOT financial advice and I am NOT a financial advisor. Please ensure that you do your own due diligence before making ANY investments. This market is highly volatile and regardless of skill level you could lose your investments.
Please like, comment and follow if you enjoy the content.
Thank you!
In this chart I am giving another update on XLM and where we currently stand as of 04/04/21. We have been making some good price action in the past days which I am happy to see. We saw a crossover on our MACD and our RSI is in neutral territory. We have seen launches upwards from this RSI level play out before and also drops so again, please keep an eye on volume . We do need to see volume pickup but I expect this will occur once we get confirmation above .47 cents. As always we are at Bitcoin's will as well so keep that in mind as well. I have boxed out the MACD & RSI where we began a move upwards in the past. It's not definitive BUT it is looking similar to me. As our Bollinger Band begins to widen we very well could follow the upper line until we are extremely overbought.
This is NOT financial advice and I am NOT a financial advisor. Please ensure that you do your own due diligence before making ANY investments. This market is highly volatile and regardless of skill level you could lose your investments.
Please like, comment and follow if you enjoy the content.
Thank you!