As the crypto market continues its bearish trend,97% of all the coins are seeing a new low price.
Back to its support level being held back in March, STELLAR LUMEN, has tested it with a long rejection wick and at the same time forming a falling wedge.
Same guidelines and previous market performance will be used.
for more info on how falling wedge works, kindly check https://ci.covesting.io/tradeidea/bchusd-4
Price might likely test the 0.00002589sats again before any other move to the upside will be achieved.
BUY ONLY WHEN PRICE HAS BROKENOUT OF THE WEDGE AND HAS CLOSE ABOVE IT.
SELL:0.00003782sats up to 0.00005680sats
Disclaimer: This is for educational purposes,it is not intended as a financial advice.
The analyst won't be responsible for a loss of fund. Trader should be able to manage risk.