AlanSantana

Stellar Goes Bullish Long-Term (100% to 190% Potential Targets)

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KRAKEN:XLMBTC   Lumen / Bitcoin
Notice the blue down-trendline on this pair, XLMBTC.
We can see prices moving above this trendline this week, breaking a major downtrend.

We have a long-term higher low (since December 2020).
A very strong RSI (55-Weekly).
The MACD going bullish.

We can also appreciate prices moving above EMA10 and EMA50.

The blue square at the bottom is our support.
This is where we set our stop-loss.

More details on the chart (targets).

Namaste.

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