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Stellar (XLM) - July 12

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BITTREX:XLMUSD   Stellar Lumens
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I go on vacation from July 13-15.
Charts can be posted from the 16th.

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To make it more stable sideways, you need to make sure you can move between the uptrend lines (2)-(1).

In the meantime, I would like to ascend along the upward trend line (2).

It is the short-term Stop Loss when falling from each uptrend line.

Between 0.06260065 and 0.08089452, absolutely support is required.

I'm looking forward to seeing the process of creating a new wave.

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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.

Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
코멘트:
(XLMUSD 1D chart)
It is rising in the important section, 0.06260065~0.08089452.
We are creating a new wave by stopping the long decline and turning to an upward trend.

I don't know to what point this rise will occur, but it is expected to form a sideways box section to solidify the waves.
At this time, if the box section is formed above the 0.08089452 point, it is expected to create a larger upward trend at the end of the sideways.

It should never fall below the 0.06260065 point.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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