Stellar forecast & analysis XLM/USD on January 31, 2018


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Stellar XLM/USD is trading at the level of 0.51. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Stellar. Ichimoku Kinko Hyo Cloud is expected to test near the 0.54 level, from which it is expected to rebound and attempt to continue falling with the target close to 0.40. An additional signal in favor of the fall of the cryptocurrency will be a test of the lower border of the uplink.

Stellar forecast & analysis XLM/USD on January 31, 2018

Stellar forecast & analysis XLM/USD on January 31, 2018

Earlier, we received a weak signal for sell of Stellar, due to the crossing of signal lines at 0.58. Cancellation of the variant of falling of quotations Stellar will become a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes above the area of ​​0.60, which indicates the change of the flat trend in favor of the bullish trend. Expect to accelerate the fall in quotes XLM/USD is with a breakdown of 0.45.


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