EthanTW

XLMUSDT - Time to take entry?

BYBIT:XLMUSDT   XLMUSDT SPOT
XLMUSDT
4H trend chart
XLM was consolidating as a triangle, and just broke it out.
Now it retests the downtremnd line while all market is falling.
If price can still get support from the trend line or keep at Fib(0.618) around 0.38445 till the closure of 4H candle.
It's a good time to take entry.
-
Profit Targets:
a) 0.42435----Fib(1)
b) 0.45275~0.46425---Fib(1.272~1.382)
c) 0.47660-----Fib(1.5)

Stop losses:
a) 0.36605-----(Red horizontal ray)
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!


Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading

🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: www.bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.