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Tolberti
Feb 3, 2021 6:09 PM

Stellar XLMUSDT - Rising wedge + Triangle (Target for next wave) Long

Stellar / United States DollarCoinbase

Description

- The price is forming a rising wedge (bearish pattern) on the daily chart.
- We can set our profit target at the top of the wedge for perfect exit or 1:1 fib extension.
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature down below ↓
- A small local symmetrical triangle should breaks up very soon.
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Comments
almightyjab
commenting for good luck. very good work here by the way
Tolberti
@almightyjab, Thank you!
FlowersFor
AD strong bearish divergence 1h,4h,1d.timeframe..

Price starting to drop 4-5.2
And hit lower blueline, then up
Tolberti
@FlowersFor, Well, it is possible. Lower blueline should serve as support.
SteeezTTV
Giant rising wedge
Tolberti
@mcmanusc, Exactly 😂
mrcryptocraffrey
Any chance of following up on this idea with current price point analysis? Thank you in advance!
triocandra17
hi my friend, do you think XLM still strong to achive the target?
Tolberti
@triocandra17, Hello, yes i think yes.
triocandra17
@Tolberti, thank you my friend, XLM still trying break the resist
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