FieryTrading

XLM/USDT Strong Bullish Price Action

Long
BINANCE:XLMUSDT   Stellar / TetherUS
Very recently XLM has seen a strong increase in value, after which is corrected over 25%. At the moment, XLM is producing higher highs and higher lows, indicating a possible reversal of the short term trend. This, combined with the extra volume increase might shoot XLM back up just like a few days ago.

On the chart, I’ve marked two potential areas of resistance, R1 and R2. These areas are based on swing highs and round numbers. Do your own due diligence.

Happy trading!
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Comments

nice idea man! upvote!
Reply
FieryTrading plancton0618
@plancton0618 thanks 🍤
Reply
good job :D
Reply
FieryTrading TheSignalyst
@TheSignalyst, glad to hear!
Reply
Nice job!
Reply
FieryTrading ProSignalsFx
@ProSignalsFx, 🔥🔥🔥
Reply
well done
Reply
FieryTrading MMBTtrader
@MMBTtrader, thanks
Reply
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