XlmBTC Breaking out of DIamond Pattern expect 2000 to 3000 sats
Hi Guys,
Another Great outlook Trade setup which is XLMBTC
Stayed sideways for a long time and got rejected many times from 1100 sats area (Orange Resistance zone)
Created a diamond bottom after a long consolidation.
Macd is making higher lows and higher highs and crossed bullish again
Prices above the ichimoku cloud.
Cloud has turned bullish and pointing upwards.
Candle closure above 1100 sats this week would result in meeting the targets of 2000-3000 sats.
Apparently looks like a strong weekly breakout.
Best of luck
Thanks for the appreciation
Just my analysis not financial advise.
Please like and subscribe for more analysis
Another Great outlook Trade setup which is XLMBTC
Stayed sideways for a long time and got rejected many times from 1100 sats area (Orange Resistance zone)
Created a diamond bottom after a long consolidation.
Macd is making higher lows and higher highs and crossed bullish again
Prices above the ichimoku cloud.
Cloud has turned bullish and pointing upwards.
Candle closure above 1100 sats this week would result in meeting the targets of 2000-3000 sats.
Apparently looks like a strong weekly breakout.
Best of luck
Thanks for the appreciation
Just my analysis not financial advise.
Please like and subscribe for more analysis
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.