As part of the blockchain payment sector, the old Stellar public chain does not have large-scale and high-quality bank customers like XRP, but the banking and payment sectors complement each other, and XLM is relatively more down-to-earth.
The 4-hour level callback, this positive line of the day broke through the small-level oscillation range, which may announce the end of the callback. It is ready to move upward, and is currently gradually breaking through the support and resistance exchange position near 0.46. You can consider stepping back and buying after the breakthrough.
Several locations worth noting
Support position
First position 0.44
Second position 0.41
Third position 0.392
Resistance level
First position 0.515
Second position 0.55
Third position 0.57
Trading requires going with the trend, following the big and countering the small. When the trend comes, get on the windfall; be flexible in changing direction from trend to counter-trend, as opposing the trend is like a mantis trying to stop a car, disrupting your mindset and trading rhythm.
At night, with the fluctuations of the US stock market, if there are too large fluctuations, friends remember to take profits frequently and cut losses decisively; holding on to positions has no meaning.
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Wish you smooth trading. Thank you!
