XLMUSDT trade ideas
💡 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
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#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.
