XLM has been on a continuous downtrend for approximately 530 days.
As we can see, it is currently moving within a descending price channel .
I think we all know what important level it is currently sitting on :)
Yes, you guessed right; The Golden Fibonacci Ratio
At the time of writing, my bias is still bearish .
However, you can count on me to keep this special project under my radar when it starts forming bullish market structure. 🥰
Keep an eye on this one pattern watchers
Don't blink 😉
As we can see, it is currently moving within a descending price channel .
I think we all know what important level it is currently sitting on :)
Yes, you guessed right; The Golden Fibonacci Ratio
At the time of writing, my bias is still bearish .
However, you can count on me to keep this special project under my radar when it starts forming bullish market structure. 🥰
Keep an eye on this one pattern watchers
Don't blink 😉