$XLM BREAKOUT (Confirmation Areas Included) $BTC $ETH $XRP $TRX
XLM broke the first leg of it's consolidation/downtrend earlier this morning, now working its way up. Not a huge post here as I've posted about the technical in previous posts but so far we are living above the former resistance trend line and have made a higher low which are simple ways to see we have begun a new trend.
All indicators are looking like we're gaining upside momentum
1. RSI trending upwards
2. MACD Crossing bullish on 4 hour timeframe
3. OBV bullish divergence
4. Volume distinct on upthrusts
Not much else to say here so I'll keep it simple, if you'd like a more detailed explanation of my thoughts overall check out my prior XLM posts.
Not financial advice.
All indicators are looking like we're gaining upside momentum
1. RSI trending upwards
2. MACD Crossing bullish on 4 hour timeframe
3. OBV bullish divergence
4. Volume distinct on upthrusts
Not much else to say here so I'll keep it simple, if you'd like a more detailed explanation of my thoughts overall check out my prior XLM posts.
Not financial advice.
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