XLM - Stellar - TA

in cryptocurrency •  7 years ago  (edited)

I've tryed a new twist on trying to analyse XLM chart using Ichimoku cloud. I have 2 hours chart in front of me and all I could see was a lot of bearish indicators.

What do you guys think ?

XLM-2hour.png

Here is link to chart on tredingview.

https://www.tradingview.com/chart/XLMBTC/lfSQhWaD-XLM-BTC-dangerously-close-to-a-bear-trend/

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i would wait for today to end and then re evaluate but yeah your'e right if today does not close above 4300 starting to look pretty bearish.