Lumen showing repeating pattern from last blow off top
Don't get it twisted, XLM is my coin. but i see a longer period of consolidation, at least in btc price.
Very clear bear divergence on MACD. No volume to justify price increase.
some TA here shows a channel for xlm up to 5500 area. I'd watch that level and sell at the first sign of LL and LHs.
At minimum, you can wait for it to reach bottom of the channel and reenter.
At maximum you can let a longer consolidation period play out. you could 2x-3x your XLM stash in this scenario.
worth it.
Very clear bear divergence on MACD. No volume to justify price increase.
some TA here shows a channel for xlm up to 5500 area. I'd watch that level and sell at the first sign of LL and LHs.
At minimum, you can wait for it to reach bottom of the channel and reenter.
At maximum you can let a longer consolidation period play out. you could 2x-3x your XLM stash in this scenario.
worth it.