Welcome to this quick Update, everyone.
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I have tried my best to bring the best possible outcome in this chart .
XLM/USDT broke out of the triangle and currently retesting it .
Entry:...
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...
Hello Everyone, If you are reading my chart for the first time then follow for more simplified charts on spot, margin, and futures.
Let's take a quick update on XLMUSDT. It looks like breaking out in 4Hr TF perfectly. Now, we can take a long entry on the retest for a short term trade but also we can accumulate for a long-term target. I am going long with this...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.3413).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XLMUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Stellar forms a falling channel pattern where the price is moving within 2 trend line. If it breaks the pattern with a good volume we can see a healthy bullish move
XLMUSDT has formed a Falling Wedge with 4 rejection at the Resistance and 3 Rejection at the Support. Meanwhile we see a Divergence in RSI which indicates a potential uptrend. There might be the 5th Rejection at the Resistance also or it might just break above the Resistance and goes higher. If we get the 5th Rejection at the Resistance then a Pullback to 0.283 is...
Trading Signal:
A Trading Signal is seen in the XLMUSDT Stellar
Traders can open their Buy Trades NOW
⬆️Buy on downtrend breakout or Buy on 0.283
⭕️SL @ 0.26
🔵TP1 @ 0.352
🔵TP2 @ 0.434
🔵TP3 @ 0.53
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