Everything in graph. H2 Timeframe.
1. we have Bullish Pennant Pattern formation
2. we are supported by EMA50 (Orange Line) H2 TF
3. we are on top of Daily pivot
Scenarios :
1. bad
Breadown this pattern and XLM will back around support 0.15ish
2. good
Breakup this pattern and fly to 0.25ish Resistance 1 and retrace
3. very good
Breakup this pattern and fly to 0.30ish Resistance 2 and retrace
So now we just have to follow King BTC moves to see where Stellar is leading us.
in any of this cases i recommend you to be patient in that kind of area and wait for a Breakdown or Breakup to enter any position.
Happy Tr4Ding !
1. we have Bullish Pennant Pattern formation
2. we are supported by EMA50 (Orange Line) H2 TF
3. we are on top of Daily pivot
Scenarios :
1. bad
Breadown this pattern and XLM will back around support 0.15ish
2. good
Breakup this pattern and fly to 0.25ish Resistance 1 and retrace
3. very good
Breakup this pattern and fly to 0.30ish Resistance 2 and retrace
So now we just have to follow King BTC moves to see where Stellar is leading us.
in any of this cases i recommend you to be patient in that kind of area and wait for a Breakdown or Breakup to enter any position.
Happy Tr4Ding !
ノート
Take the time to check my old XLM analyses to understand everythingNovember 1 :
ノート
May 16
ノート
Demand Zone :ノート
ノート
it looks like a break down but have to wait to finish Daily candle to get a real confirmation. we are still supported by EMA50 on H4 TF.ノート
Finally broken down this triangle.
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。