XLM Daily Long

19 בפבר׳

There is a downtrend on the XLM daily chart that has retested successfully and formed an inverse head & shoulder pattern. The RSI has also bounced off a support level as well as tested a resistance line both coordinate to the trend and pattern analysis. I predict a bullish swing that will fill up to the top of the downtrend. The volume is also indicated a bullish movement while decreasing with a decreasing price.