We're still inside the triangle, the big spike up was denied quite well, forming a hanging man then a doji. MACD entered overbought area and is going down.
I still expect the price to fall towards the 0.5 level
post-crash update. BTC has dropped significantly and dragged the alts it as expected. XLM will bounce between 0.4 and 0.7 channel, as the triangle pattern no longer holds.
Expect a recovery this week. Be patient.
DO NOT SELL FOR A LOSS
@goldenmile, I can't forecast time periods. My guess is when BTC will take a big dip that will trigger alts on general to go down. I think a couple of days time, as BTC is struggling in its converging triangle pattern that will probably turn to the downside.
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