After a strong rebound,
XLMUSDT
form a real tight symmetrical pattern. current range from
0.21033 to 0.20200.
1. if break above 0.20927, bull long to R1: 0.21388, since it is so close to the break out, in my personal opinion it is easy to break, next big R2 will be 0.22359. stop loss will be 0.20200 or the low of the breakout candle
2.if break down 0.20200, bear short, take a little profit at S1 0.19538, the other half go with down trend to S2: 0.17955. since daily trend is more toward bear.
It is only the personal trading note, not financial advice, but opinions and pieces of advice are welcome.
The great guy cannot be missed -- TheChartGuys.
XLMUSDT
form a real tight symmetrical pattern. current range from 0.21033 to 0.20200.
1. if break above 0.20927, bull long to R1: 0.21388, since it is so close to the break out, in my personal opinion it is easy to break, next big R2 will be 0.22359. stop loss will be 0.20200 or the low of the breakout candle
2.if break down 0.20200, bear short, take a little profit at S1 0.19538, the other half go with down trend to S2: 0.17955. since daily trend is more toward bear.
It is only the personal trading note, not financial advice, but opinions and pieces of advice are welcome.
The great guy cannot be missed -- TheChartGuys.