XLMUSDT Short to Breaker Block
XLMUSDT is starting to show signs of weakness, the 10 EMA has crossed below the 20 EMA for the first time since the fundamental news regarding the Ukraine banks.
blockchain.news/news/xlm-price-surges-ukraine-selects-stellar-lumens-cbdc-development
The breaker block at the 61.8 fib level has already been tested 3 times, so it is likely that this will be the last chance to hold bullish momentum for the XLMUSDT pair.
Look for a short entry between the 10 and 20 EMAs targeting the $0.228 level and then look for signs of strength on the higher time frames before considering a long entry.
blockchain.news/news/xlm-price-surges-ukraine-selects-stellar-lumens-cbdc-development
The breaker block at the 61.8 fib level has already been tested 3 times, so it is likely that this will be the last chance to hold bullish momentum for the XLMUSDT pair.
Look for a short entry between the 10 and 20 EMAs targeting the $0.228 level and then look for signs of strength on the higher time frames before considering a long entry.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.