XLM Showing Signs Of Reversal - Daily
Guess I'll try this again, not sure what happened to my first daily chart from 20 mins ago haha.
Bearish zone on the daily RSI as I've highlighted. We've tested the resistance several times on the way up, she needs to correct in order to continue climbing. XLM will scoot above 2k sats, but needs to dip into 1100-1200 range. I just closed my position at 1600 sats.
Looking to re-enter around 1150 sats or so
*This is not investment advice.
*I own a small position in XLM, looking to re-enter.
Happy Trading!
Bearish zone on the daily RSI as I've highlighted. We've tested the resistance several times on the way up, she needs to correct in order to continue climbing. XLM will scoot above 2k sats, but needs to dip into 1100-1200 range. I just closed my position at 1600 sats.
Looking to re-enter around 1150 sats or so
*This is not investment advice.
*I own a small position in XLM, looking to re-enter.
Happy Trading!
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