StellarAggiornato Long term trend for XLMUSD
We can see that Lumens have been trading inside a bearish descending triangle in the long term since Jan 2018.
But looking at the somewhat short term (start of May) we have been trading inside a falling wedge, which is bullish.
We will be hitting a critical long term support level at 0.185 soon enough. If the current sentiment continues, I expect it to break that support and go a bit lower before bouncing back and recovering.
For a long term hold, wait for a clear break above the falling wedge.
Disclaimer: Not financial advice. Charting what I see
But looking at the somewhat short term (start of May) we have been trading inside a falling wedge, which is bullish.
We will be hitting a critical long term support level at 0.185 soon enough. If the current sentiment continues, I expect it to break that support and go a bit lower before bouncing back and recovering.
For a long term hold, wait for a clear break above the falling wedge.
Disclaimer: Not financial advice. Charting what I see
Nota
As long as BTC behaves, I am long on Lumens now.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.