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! :)

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

Cheers, thanks for checking in!

no problem anytime man!