I am bullish on
XLMBTC
because:
- Sept. 17,
XLMBTC broke out of a descending wedge
- Nov. 5, XLMBTC broke out of an asymmetrical triangle
- Oct. 28, The SMA 50 and 100 had a bullish cross
- It just bounced off the 38.20% (Fib)
- If
XLMBTC falls below 38.20% then 50.00%, the support line of the current descending wedge, and 61.80% on the Fib, are possible next stops, which with a confirmed bounce off of any of those are potential buy entry points
NOT FINANCIAL ADVICE. DYOR.