XLM Stellar Bearish wedge
Looks like a good text book bearish wedge, volume picture looks good as well. The red resistance zone was a former support zone. In my few previous analysis about XLM' i mentioned a hidden strength in this altcoin. It's still above the 2018 low, but the higher low pattern is weakening a bit and in combination with this bearish the chances are bigger that it makes a drop towards this weeks low.
However Bitcoin' made a breakout upwards but dropped just as fast. It might turn up again, so just in case i will wait for the break of that green support or when seeing Bitcoin drop below 5500.
Previous analysis:
However Bitcoin' made a breakout upwards but dropped just as fast. It might turn up again, so just in case i will wait for the break of that green support or when seeing Bitcoin drop below 5500.
Previous analysis:
הערה
Broke support but with low volume, so could still make a retest. It should stay below the blue level.הערה
Target reached zone reached already, soit was a an easy standard textbook play eventually. I have kept half with a lowered stop, just in case we might see another wave down.הערה
Might be a chance for the low to have been set, i am closing the rest and taking profit here now, was a good nice easy ride. 
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.