GXLM - Daily - Lagging Behind The Market
Updated
Click Here🖱️ and scroll down👇 for the technicals, and more behind this trade!!!
________________________________________________________
________________________________________________________
========================
.................✋NFA👍..................
========================
📈Technical/Fundamental/Target Standpoint⬅️
1.) Ticker is lagging behind the crypto market on a technical scale.
2.) XLM is still at the mercy of XRP's price behavior, but from time to time it leaves its twin behind.
3.) On the simple fact that the BTC halving is happening in April, there's a very strong likelihood that this ticker will rally between now and then.
4.) A technical support level at $21.28 has been established and is considered the bottom in my opinion.
5.) Around December 2023 there was an accumulation spike, and that indicator is continually moving in the upwards direction while we trade sideways, this is another sign of increased breakout potential.
🤖Trading Bot Stance⬅️
1.) Bot is claiming a neutral stance.
🐳Bot Round Table Analytics⬅️
1.) 35% chance we will end the month in green.
🌎Global Market Sentiment Approach⬅️
1.) Mostly bullish until rate cuts take effect, but also taking into consideration the round tables probability for the month of March.
2.) Normal free cash flow to put into a trade should be reduced. Meaning if you trade $100 per trade, then reduce that to $50 per trade.
FYI do not get greedy in crypto, this market is heavily manipulated by bots, so take your profits and run. There's over 10,000 stocks and cryptos in the world, there is absolutely no reason for you to ever grow attach to one ticker.
========================
......⚠️Position Progress..........
..........Will Be Posted In............
......The Comments Below........
...........If Necessary⚠️.............
========================
=================================
........🎉🎉🎉Before You Go🎉🎉🎉….......
=================================
Leave a like👍 and/or comment💬.
We appreciate and value everyone's feedback.
"Keeping it short and sweet as always"
- assetsandcoffee📈☕
=================================
.....📚Indicator Legacy/Definition(s)📖.....
=================================
✨ Moving Averages(MA):
________________________________________________________
________________________________________________________
========================
.................✋NFA👍..................
========================
📈Technical/Fundamental/Target Standpoint⬅️
1.) Ticker is lagging behind the crypto market on a technical scale.
2.) XLM is still at the mercy of XRP's price behavior, but from time to time it leaves its twin behind.
3.) On the simple fact that the BTC halving is happening in April, there's a very strong likelihood that this ticker will rally between now and then.
4.) A technical support level at $21.28 has been established and is considered the bottom in my opinion.
5.) Around December 2023 there was an accumulation spike, and that indicator is continually moving in the upwards direction while we trade sideways, this is another sign of increased breakout potential.
🤖Trading Bot Stance⬅️
1.) Bot is claiming a neutral stance.
🐳Bot Round Table Analytics⬅️
1.) 35% chance we will end the month in green.
🌎Global Market Sentiment Approach⬅️
1.) Mostly bullish until rate cuts take effect, but also taking into consideration the round tables probability for the month of March.
2.) Normal free cash flow to put into a trade should be reduced. Meaning if you trade $100 per trade, then reduce that to $50 per trade.
FYI do not get greedy in crypto, this market is heavily manipulated by bots, so take your profits and run. There's over 10,000 stocks and cryptos in the world, there is absolutely no reason for you to ever grow attach to one ticker.
========================
......⚠️Position Progress..........
..........Will Be Posted In............
......The Comments Below........
...........If Necessary⚠️.............
========================
=================================
........🎉🎉🎉Before You Go🎉🎉🎉….......
=================================
Leave a like👍 and/or comment💬.
We appreciate and value everyone's feedback.
"Keeping it short and sweet as always"
- assetsandcoffee📈☕
=================================
.....📚Indicator Legacy/Definition(s)📖.....
=================================
✨ Moving Averages(MA):
Note
Played out nicely. Don't forget to take profits along the way
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.