BigLava

XLM Falling Wedge Formation & 3 Drives pattern

BINANCE:XLMUSDT   Stellar / TetherUS
Bullish Indication:

  • Falling Wedge
  • Low Sell Volume

Bearish Indication:

  • Bearish 3 drive pattern
  • Weekly RSI Extremely over bought.

Getting mixed signals for XLM as it sky rocketed the past few days. Entering trade after confirmation would be best option here.
If we break trend support i will open a short position and TP at local support.
If trend resistance is broken i will open a long and set targets towards next resistance and weekly resistance.

I will update on full trade :)


Access to full trade & BitMex Trading Bot
👇👇
면책사항

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