XLM/USD, FALLING WEDGE (WEEKLY) NEAR APEX
Currently there is some bear div at the top of the previous pump on the hourly TFs so I am expecting a pullback. On the USD pairing, it looks near ready for a break out due to being near the apex of the falling wedge, additionally the stoch rsi on Monthly has crossed up. An area of confluence that I would look to long is .618 fib which coincides with the 50 MA.
FOR BTC PAIRING, REFERENCE
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH.
FOR BTC PAIRING, REFERENCE
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH.
On the bittrex MONTHLY chart, it seems like a bullflag and being that it is the monthly TF, it makes me bullish longterm (expecting significant pullback in short-term)