ProjectSyndicate

XLMUSD D1: Topped out / 40% correction possible (SL/TP)(NEW)

Short
Why get subbed to to me on Tradingview?

-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates

XLMUSD D1: Topped out / 40% correction possible (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: XLMUSD daily chart review
::: very limited upside from here
::: throwback inside accumulation likely
::: don't get caught on wrong side of this
::: 40% correction possible/likely from here
::: August/September weak period for CRYPTO
::: key resistance: 10 280
::: key support level: 5 500
::: recommended strategy: SHORT IT / STAY OUT
::: SL 5% TP 40%
::: good luck traders
🔸 Supply/Demand Zones
::: fresh supply N/A
::: fresh demand: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment outlook short-term: RANGE/MIXED

MY LINKS OVERVIEW
🟡 TAPLINK.CC/PRSYNDICATE
75% WINS FREE/PREMIUM SIGNALS TELEGRAM
🔴 T.ME/THESYNDICATE001
LIFETIME BUNDLE FX/CRYPTO
🟡 SYNDICATE001.CC/
FREE GOLD TRADING SIGNALS
🟡 T.ME/SYNDICATEGOLD001
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.