Iye owo Stellar (XLM/USD) Fa Ipele $0.35 silẹ, Awọn Beari Ti N bori

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Bears’ pressure increases and price decreases

STELLAR Iye Analysis - Kọkànlá Oṣù 17

The breakdown of $0.35 support level by the bears may decrease the price to the support level at $0.35 which may extend to $0.24 support level. In case the bulls interrupt the bearish movement, then, price may face the resistance levels at $0.41, $0.48 and $0.55.

Ọja XLM / USD

Awọn ipele bọtini:

Awọn ipele resistance: $ 0.41 $ 0.48, $ 0.55

Awọn ipele atilẹyin: $ 0.35, $ 0.30, $ 0.24

XLM / USD Aṣa igba pipẹ: Bearish

Stellar is bearish on the daily chart. Stellar had a partial breakout at the resistance level of $0.41 last week. The price was increasing towards the resistance level of $0.48 before the bears interrupted the bullish movement. The price changed direction towards the south and it penetrates the support level of $0.35. Further price decrease envisaged.

XLMUSD iwe aworan ojoojumọ, Oṣu kọkanla ọjọ 17

The bears’ pressure is increasing and the price is decreasing accordingly towards south. The price is trading below the 9 periods EMA and 21 periods EMA. The breakdown of $0.35 support level by the bears may decrease the price to the support level at $0.35 which may extend to $0.24 support level. In case the bulls interrupt the bearish movement, then, price may face the resistance levels at $0.41, $0.48 and $0.55. The relative strength index period 14 is at 40 level bending down to indicate sell signal.

XLM / USD Aṣa-igba Alabọde: Bearish

Stellar is on the bearish movement in the 4-hour chart. The coin was under the bulls control last week on the 4-hour chart. The bulls pushed the price above the resistance level of $0.41 on November 10 but the bears’ pressure over power the bulls; this scenario led to the formation of an inverted pin bar. This is what triggered the bearish movement.  The price breaks down the support level of $0.35 today and it is currently pulling back.

XLMUSD 4-wakati chart, Kọkànlá Oṣù 17

However, Stellar is trading below the 9 periods EMA and 21 periods EMA at close contact indicating sells’ pressure. The Relative Strength Index periods 14 is at 40 levels with the signal line pointing down indicating a sell signal.

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Azeez Mustapha

Azeez Mustapha jẹ alamọja iṣowo, oluyanju owo, olufihan awọn ifihan agbara, ati oluṣakoso owo pẹlu ọdun mẹwa ti iriri laarin aaye owo. Gẹgẹbi Blogger ati onkọwe iṣuna, o ṣe iranlọwọ fun awọn oludokoowo ni oye awọn imọran eto inọnwo ti ilọsiwaju, mu awọn ọgbọn idoko -owo wọn dara si, ati kọ ẹkọ bi o ṣe le ṣakoso owo wọn.

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