XLM short term breakout may be incoming

7 พ.ย. 2017

-Characteristic triangle forming. There appears to be some divergence between the price and the MACD/MFI so this may be a bullish divergence. Await confirmation by looking to see if the price breaches either of the red support/resistance lines.
-Additionally the 30 period moving average and the 10 period moving average are very close together and oscillating. Further adding indication of an impending breakout. Please do wait and see which way this goes.