$XLM BREAKOUT (Confirmation Areas Included) $BTC $ETH $XRP $TRX

12 thg 1, 2018

XLM broke the first leg of it's consolidation/downtrend earlier this morning, now working its way up. Not a huge post here as I've posted about the technical in previous posts but so far we are living above the former resistance trend line and have made a higher low which are simple ways to see we have begun a new trend.

All indicators are looking like we're gaining upside momentum
1. RSI trending upwards
2. MACD Crossing bullish on 4 hour timeframe
3. OBV bullish divergence
4. Volume distinct on upthrusts

Not much else to say here so I'll keep it simple, if you'd like a more detailed explanation of my thoughts overall check out my prior XLM posts.

Not financial advice.