Going down... surely

So much bullish sentiment out there regarding Stellar. A contrarian looks behind rather than joining the crowd. 3-day charts are powerful... on this chart we see over-bought stochastic & RSI signals. Be careful. What harm would it do to wait for a break-out?

Trade ist aktiv:

Trade ist aktiv:

free fall

Trade ist aktiv:

Continuing weakness for XLM, another Head & shoulders forming with crossing Stochastic to the downside and weakening RSI on this 3-day chart. Stay clear.

Trade geschlossen: Ziel wurde erreicht:

Touchdown! - Well done to all. More downside may still come but the worst is over, the time to go long is getting closer.