Stellar Lumens
Long
Zaktualizowano

Stellar(XLM) possible breakout

558
Since stellar is mostly traded in KRW, so chances are, KRW decides the trend. Here, we see that stellar has tested the resistance line, and a big increase in volume. We have quite a big momentum, and I expect stellar to break out of the current trend, untill it hits strong resistance at 0.52. MACD has already crossed over, but is not positive yet. I wouldn't call Stellar bullish yet on the 24h/12h/6h charts, but if everything is going well this will change very soon.
On the 5min chart, we possibly have a fibonacci wave forming, if this is the case, expect stellar to explode within hours of this publishment.

XLM/BTC TA shows a strong resistance at 0.00005120, however I feel like the XLM/BTC graph is too random, and the BTC/USD graph is key to a TA about XLM.

Possible profit levels:
0.52 dollars
0.00005100 sat (but I expect it to rise higher based on XLM/USD chart)

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Uwaga
breakout happening

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