Stellar forecast and Analytics XLM/USD on 4 Oct 2018

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Stellar forecast and Analytics XLM/USD on 4 Oct 2018

Cryptocurrency Stellar XLM/USD is trading at the level of 0.2426. Cryptocurrency trading below the lower border of the Ichimoku Kinko Hyo Cloud that indicates the presence of a downward trend in Stellar. Expected to test the lower boundary of the Clouds Ichimoku Kinko Hyo 0.2520 near the level where we can expect rebound and attempted another cryptocurrency with the aim to near the level of 0.2100.

Stellar forecast and Analytics XLM/USD on 4 Oct 2018

Additional signal in favor of the drop in prices of cryptocurrencies XLM/USD will perform a test of the resistance level and rebound from the lower boundary of the model “Triangle”. Was previously received signal average strength for the cryptocurrency Stellar sales, due to the intersection of the signal lines at the level 0.2550.

The cancellation of the option falling prices will be a Stellar break of the upper border of the Ichimoku Kinko Hyo Cloud with the closing of the quotations above 0.2700 that will point to a change in the downward trend in favor of a rising trend and continued growth. To expect accelerating declines XLM/USD is a breakout of the support area and closing below the level 0.2350.

Thus, the Stellar forecast and Analytics XLM/USD on October 4, 2018 involves the attempt to develop correction cryptocurrency and test at 0.2520, where is expected to continue the depreciation of the Stellar with a potential target near the level 0.2100, lifting the drop option will deliver strong growth and the breakdown region 0.2700.

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