XLM Analysis - 31 January 2018
3 HURDLES LUMENS NEED TO OVERCOME
1. A bounce off the MA(50) which is a good sign. But if current candle closes above 23.6 Fib levels, it's a stronger bounce.
2. End short term downtrend by breaking above the downtrend line.
3. If the price falls below the MA(50), it may fall back to $0.397.
XLM/ETH
**For educational purposes. If you think I've done something incorrectly, feel free to comment below. I'd love to learn more.
1. A bounce off the MA(50) which is a good sign. But if current candle closes above 23.6 Fib levels, it's a stronger bounce.
2. End short term downtrend by breaking above the downtrend line.
3. If the price falls below the MA(50), it may fall back to $0.397.
XLM/ETH
**For educational purposes. If you think I've done something incorrectly, feel free to comment below. I'd love to learn more.
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