XLMUSDT - Long - Potential 37.4%
Entry - 9740
TP1- 10661
TP2 - 11545
TP3 - 13383
SL- 8362
Please comment with thoughts and how you get on.
If you like the idea, then hit like on the idea & support with a follow.
Good luck out there!
Hello Traders,
XLM is correcting and is close to a very important support level. It would be an excellent buy if it does a fake breakout.
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Wait for price to come back after touch the 4 waves area. then buy.
target price : 0.13800
Stop-Loss: 0.79
Do Not buy before you see a buy signal. wait to price back to the 0.98 after touch the 4 area.
What do you think?
XLMUSDT is on importante daily support (blue one).
If the price break the daily resistance we could see the price tests the weekly resistance (redone)
If the price lose that daily support we can see a retracement around 0.618 fibonacci level.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly...
Actually the price is in another bullish momentum for stellar here, the price is still trending inside this uptrend parallel channel and the RSI is approaching a huge support. On the other hand, the price is still maintaining the combination of higher high and higher low structure. If it can maintains current condition on to break the lower line of this uptrend...
People who bought XLM in the beginning of July from MOON signal, enjoy your 38.53% PFOFIT that you made less than 2 months.
There is also MA20-MA50 cross strategy & green cloud present as a buy signal.
If you are holding XLM, do not hurry to sell since there are no sell signals present. If you want to sell, you can wait for EngineeringRobo's sell signals or you...
With its higher highs, higher lows XLM has provided with loads of buy opportunities. Excellent opportunity to buy the dips anywhere between 0.1-0.11 at the moment. Sell targets are 0.12, 0.14, 0.18 and 0.22.
Disclaimer: these are personal observations, not financial advice. Do your own research. If this analysis helps and you make $ though, you are welcome to...
