XLMUSDT trade ideas
💡Don't miss the great buy opportunity in XLMUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.26000).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Stellar/TetherUS is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 0.33100
TP2= @ 0.37600
TP3= @ 0.41000
TP4= @ 0.44600
TP5= @ 0.49660
TP6= @ 0.56070
SL= Break below S2
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XLM USDT WE SEE THE PRICE NOW AT 0.15$ AND IT IS ABOVE THE SUPPORT LEVEL 0.13 $ AND THERE IS ONLY ONE POSITIVE BUY SIGNAL AND THE PRICE AT THE EXACT MA50 LEVEL , SO WE SHOULD WAIT FOR A MOMENT UNTIL WE SEE THE POSITIVE SIGNALS WHICH ARE : -
1- AT LEAST 2 BUY SIGNALS FROM ENGINEERINGROBO .
2- THE CANDLE CLOSE ABOVE THE SUPPORT LEVEL IN DAILY FRAME .
3- THE CANDLE CLOSE ABOVE MA50 IN DAILY FRAME .
#ENGINEER_IBRA
💡 Don't miss the great buy opportunity in Stellar/TetherUSTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.1508). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Stellar/TetherUS XLMUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 0.1831
TP2= @ 0.2066
TP3= @ 0.2309
TP4= @ 0.2790
TP5= @ 0.3251
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
#XLM has given breakout from triangle and may see 0.12000 levelsBullish setup on hourly/daily and weekly timeframe.
Triangle pattern breakout on weekly timeframe may make it move 30% from this level.
One can have stop loss of 15% and take profit of 30%, RR - 1:2.
If 0.12000 levels are broken, it can see 0.20000 levels.
