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behdark
Mar 16, 2024 12:49 PM

XLM looks bullish Long

Stellar / TetherUSBinance

Description

After branch i, which was the last symmetrical branch, the price has entered an upward phase of great degree, and now wave A and wave B of this phase have been completed. It seems that we are at the beginning of the bullish wave C.

From the green range, it is prone to jump up

If it reaches the green range, you can look for buy/long positions.

The targets are marked on the chart.

Closing a daily candle below the invalidation level will violate the analysis

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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