XLMUSDT BULLISH REVERSAL !Hello Traders and everyone, I AM HADI KARAALI, KNOWN AS SNIPERS_FX
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XLMUSDT, as we can see from daily time frame price is clearly overall bearish
However, price is now around a massive support zone and round number 1
As we were bearish from a long term, however we are now stuck inside this range
For the bulls to kick in again we need a break above the upper bound of the range
until that price can still dive more before a full reversal
If we had a break below the range then a movement lower would be expected
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
XLMUST trade ideas
XLM | Falling Wedge Formation..!!
#XLM (update)
Falling Wedge formation in Weekly timeframe..
Seems like Bottomed out & Ready for a Bullish Rally.
In Case of Wedge Upside Breakout, Expecting +200% in the Midterm
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XLMUSDT needs the demand zoneThe price is creating a bear flag inside a daily descending channel.
the price has two demand zone, the first one 0.1080 and the second one at 0.1040
How to approach it?
IF the price is going to have a breakout from the bearflag, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
XLM 1D Where to go, what to doXLM went in the accumulation zone as you can see which has a local resistance (red zone 0.12-0.14$).
- It can accumulate long.
- From now, the price can go lower (~14%) as the level break out failed.
+ Long term longs can be started when the price will reach 0.14$ The safest from 0.15$ | or after resistance retest | or when the trend started.
+ Accumulating zone is easy to trade only when u buy low and sell high so this can last long.
+ Would try to buy at 0.10$ for long term.
Don't waste your time investing in this before 0.14-0.15 or try to buy lower 0.10$. :)
Write in the comments where would be yours SL order :P