Stellar forecast & analysis XLM/USD on December 28, 2017


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Stellar XLM/USD is trading at the level of 0.2181. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Stellar. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.2200 level, from which it is expected to rebound and attempt to continue the fall with a target near 0.1350.

Stellar forecast & analysis XLM/USD on December 28, 2017

Stellar forecast & analysis XLM/USD on December 28, 2017

Earlier, a weak signal was received for buy of Stellar cryptocurrency, due to the crossing of signal lines at the level of 0.2160. 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 quotations above the area of ​​0.2350, which will indicate the change of the bearish tendency in favor of the bullish trend. Expect to accelerate the fall in quotes XLM/USD is with the breakdown of the lower limit of the model «Triangle» and the closing below the level of 0.1950.


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