Published
4 years ago on
November 13, 2019
In this 4-hourly chart of Stellar/ United States dollar (XLM/USD), there is a depreciation from 0.09 to 0.067999.
We can see the price then appreciated to the 0.0815 area (identified by the red down arrow), with the 0.081596 area representing the 61.8% retracement of that range.
We can see the price then depreciated to the 0.075865 area (identified by the blue up arrow), just below the 0.076403 area, representing the 38.2% of that range.
We can see the price then appreciated to the .08265 area (identified by the red down arrow), again just above the 61.8% retracement.
We can see the price then depreciated to the .074001 area (identified by the blue up arrow), just above the .073191 area, representing the 23.6% of that range.
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