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Stellar / TetherUS
Updated

XLM-USDT

133
3h Chart:
snapshot

XLM is also in a downtrend.

My trading idea for this current market state:
1. buy at -150% range (lots of resistance here)
2. buy again at -200% range (support level & absolute low for this year)
Trade active
Quick tade idea on 15min
snapshot

XLM moving inside descending parallel channel
-just hit the lower part
-buy around this zone and hold until price reach the top part of the channel (around 3.5%)
-set stop at -1%
Trade closed manually
snapshot

Traded closed at 2%
Note
Short term development.
However, I would wait for the retracement at -100% level.
snapshot
Trade active
XLM just broke the descending downtrend pattern
snapshot

Short term Targets as shown in the screenshot. (Stop at 50% level / reentering in channel)
Trade closed: target reached
iv6n
Chart PatternsSTELLARTrend AnalysisXLMxlmusdt

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.
Chart PatternsSTELLARTrend AnalysisXLMxlmusdt
iv6n

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.