3h Chart:
XLM is also in a downtrend.
My trading idea for this current market state:
1. buy at -150% range (lots of resistance here)
2. buy again at -200% range (support level & absolute low for this year)
XLM is also in a downtrend.
My trading idea for this current market state:
1. buy at -150% range (lots of resistance here)
2. buy again at -200% range (support level & absolute low for this year)
Trade active:
Quick tade idea on 15min
XLM moving inside descending parallel channel
-just hit the lower part
-buy around this zone and hold until price reach the top part of the channel (around 3.5%)
-set stop at -1%
XLM moving inside descending parallel channel
-just hit the lower part
-buy around this zone and hold until price reach the top part of the channel (around 3.5%)
-set stop at -1%
Trade closed manually:
Traded closed at 2%
Traded closed at 2%
Trade active:
XLM just broke the descending downtrend pattern
Short term Targets as shown in the screenshot. (Stop at 50% level / reentering in channel)
Short term Targets as shown in the screenshot. (Stop at 50% level / reentering in channel)
Trade closed: target reached
However, I would wait for the retracement at -100% level.