TradingView
ForecastCity_ME
Oct 22, 2021 6:34 PM

💡Don't miss the great buy opportunity in XLMUSD @StellarOrg Long

Stellar / TetherUSBinance

Description

Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.3678).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. XLMUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 42.

Take Profits:
TP1= @ 0.3808
TP2= @ 0.3938
TP3= @ 0.4211
TP4= @ 0.4500
TP5= @ 0.4710

SL= Break below S2

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Comments
Mesutkashmar
Very cool view, thanks for sharing
ForecastCity_ME
@Mesutkashmar, Thank you for your comment. We appreciate it.
Megan_forex
Clear analysis.👍  Your charts are always nicely done.
ForecastCity_ME
@Megan_forex, Thank you. We appreciate your support
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