XLM/EUR Downside – 15 June 2021

XLM has traded into the resistance trend line and has formed a triple top pattern. The price is also hanging around the 1h 200 moving average, a dynamic resistance. During weekend trading the crypto market saw some upside, and we anticipate this to be erased.

Downside target: 0.2510

Violate Above: 0.3100

Entry: At Market

XLMEUR 1H CHART

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: