Many trades took place on November 1 and November 5.
The XLM breaks out of its historical downward trend line and ascends, touches the 200MA and is now located.
XLM's main view is not to approach 0.06260065 and fall within the downtrend line.
The inflection date of XLM is around November 15th.
An important goal is to keep prices from falling on this inflection day.
If the price rises and holds above the 0.08089452 point, it is likely to exceed 200MA and 300MA.
(An inflection day is a day when price changes are severe or the flow can reverse or rebound.)
The XLM breaks out of its historical downward trend line and ascends, touches the 200MA and is now located.
XLM's main view is not to approach 0.06260065 and fall within the downtrend line.
The inflection date of XLM is around November 15th.
An important goal is to keep prices from falling on this inflection day.
If the price rises and holds above the 0.08089452 point, it is likely to exceed 200MA and 300MA.
(An inflection day is a day when price changes are severe or the flow can reverse or rebound.)
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
