Stellar Lumens
Long
Aggiornato

Stellar(XLM) possible breakout

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Since stellar is mostly traded in KRW, so chances are, KRW decides the trend. Here, we see that stellar has tested the resistance line, and a big increase in volume. We have quite a big momentum, and I expect stellar to break out of the current trend, untill it hits strong resistance at 0.52. MACD has already crossed over, but is not positive yet. I wouldn't call Stellar bullish yet on the 24h/12h/6h charts, but if everything is going well this will change very soon.
On the 5min chart, we possibly have a fibonacci wave forming, if this is the case, expect stellar to explode within hours of this publishment.

XLM/BTC TA shows a strong resistance at 0.00005120, however I feel like the XLM/BTC graph is too random, and the BTC/USD graph is key to a TA about XLM.

Possible profit levels:
0.52 dollars
0.00005100 sat (but I expect it to rise higher based on XLM/USD chart)

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Nota
breakout happening

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