Hello traders, Here I have checked the 4H chart of XLMUSD!
The price has had a correction move, after short term bear trend
I predicted in my previous analysis and we got the price action!
After the short correction, the price is ready for a new up wave.
Since price has hit a pitchfan support(0.75) , there has been signals of downtrend slowing .
The candlesticks are showing the beginnings of a change of command from bears to the bulls.
I believe that price has found a true bottom.
I am expecting an up move up to begin, to reach target of at least 0.98.
If price successfully go up form the support level at 0.67, price could extend further to the highs.
I will be updating this analysis if it exceeds 30 likes.
If the price break the 0.67
the 0.56 is next support Level
Good profit to all
액티브 트레이드
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Run well
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New Signal Alert... ID: Jan 006 Pair: XLMBTC Open Order:BUY ****************** Open Price: Build 50% position at 0.00003800 Build 50% position at 0.00003000 ****************** TP 1:0.00005200 (Close 50% of position) TP 2:0.00006500 (Close 50% of position)