After breaking down a down channel, XLM is still struggling to break out the resistance, that was previously working as a support of the channel. On weekly and monthly time frames, RSI and Stochastic oscillators are showing historical oversold values. On daily there is a hidden bearish divergence flashed, therefore, XLM needs to set another higher than the previous high on the daily time frame. For more details, you can watch the video.
You can also support my work at Patreon for more ideas:
https://www.patreon.com/moon333
To check the Patreon trade success testimony, you can watch this pinned post:
https://www.patreon.com/posts/63774800
In order to play and watch the current performance of the chart you need at least a free account on tradingview:
https://www.tradingview.com/gopro/?share_your_love=moon333
KuCoin is one of the best exchange to find crypto gems:
https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3
Link for Binance exchange, to trade crypto:
https://www.binance.com/?ref=11256882
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
▶️ 3Speak