$XLM just put up +10.29% this week and +21.17% this month, beating BTC by 12 points over the last 30 days, and the tape still hasn't broken.
that's structure. daily RSI sits at 63, right in the sweet spot before overbought territory, MACD histogram is still positive, and volume the last 5 days is running 1.15x the pace of the 20 before that. this is one still getting bought.
the setup score on this only reads 7 out of 14, so i'm not calling this a lock. but the direction the tape favors right now is long, and i'm siding with it until the level says otherwise.
$XLM trades at $0.2178 right now. if it holds $0.2134 (yesterday's low), i think it grinds toward $0.2226, yesterday's high and about 2.3% of room above. if it loses $0.2134, i'm wrong on this and there's nothing to defend, the whole up week gets erased fast for anyone who bought this bounce.
holding $0.2134 or losing it?
follow me for more calls like this.
that's structure. daily RSI sits at 63, right in the sweet spot before overbought territory, MACD histogram is still positive, and volume the last 5 days is running 1.15x the pace of the 20 before that. this is one still getting bought.
the setup score on this only reads 7 out of 14, so i'm not calling this a lock. but the direction the tape favors right now is long, and i'm siding with it until the level says otherwise.
$XLM trades at $0.2178 right now. if it holds $0.2134 (yesterday's low), i think it grinds toward $0.2226, yesterday's high and about 2.3% of room above. if it loses $0.2134, i'm wrong on this and there's nothing to defend, the whole up week gets erased fast for anyone who bought this bounce.
holding $0.2134 or losing it?
follow me for more calls like this.
