Target hit. Short consolidation before new Low. Short.

28 ביוני 2018

TP = 0.18000 hit as the previous 1H Rectangle broke pushing the price to 0.176941. Stellar Lumens appears to be entering a similar consolidation pattern (1H RSI = 51.034, 5H CCI = -23.4617, Highs/Lows = 0, Ultimate Oscillator = 49.846), which I don't expect to last as long as the 1D Channel Down (RSI = 31.957, MACD = -0.024, Highs/Lows = -0.0168) applies moderate selling pressure (blue dotted line). XLMUSD is still a short on medium term. Next TP = 0.1515.