Stellar (XLM/BTC) Technical Analysis

in #cryptocurrency • 7 years ago (edited)

Stellar Reversal.png

I am using TradingView for charting with the Binance exchange pricing.

From the graph you can see the previous candlestick broke above the 50EMA (green) on the 4-hour chart.

This confirms the reversal, making a buy a high probability trade right now.

A possible entry point may be to look for the first pullback.

As always, this is not financial investment advice, just my own technical analysis. It's always wise to make your own analysis before making any investment or trading decisions.

Happy trading! :)

#stellar #bitcoin #crypto
7 years ago in #cryptocurrency by
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     7 years ago 

    nothing better than a bit of TA, thank you man!

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     7 years ago 

    Cheers, thanks for checking in!

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     7 years ago 

    no problem anytime man!

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