


We have reached to the Demand Zone, As well The Diagonal Support of the Trend, If we consolidate here with the some Bullish Volume, We can go up, Any Candle Closing Below $9600 will Turn me Bearish and We should be heading towards $8900-$8800 in That scenario
In last Bullish Update we saw a quick Reaction from Bulls after Price break $10765 and it Pumped to $11100, However that was a weekend Pump and just a manipulation to liquidate all shorts, and Price closed daily Candle at $10760, That exactly below the Resistance of $10765, and Hence dropping back to Next Demand Areas. Now we have 2 Possibilities , if Demand Zpne...
I would liike to buy it 267 or below upto 250 with SL at 239 for Target Above 285 upto 330,
Taking this as mmy First Alt Trade in a month , Lets see how it goes :-)
Volume looks good on weekly closing, a very bullish Candle, That can take it close to Previous Resistance of 0.618 Fib level and also Support Turned Resistance at 161.00, If we close that successfully with good Volume, I would eye for 193 as my target, where it completes the Bearish Gartley Harmonic Pattern , where I will sell for a Target at 0.5 fib level between...
$XLM : However we can see a small pump from 2.61 fib support zone between 2000-2100, But imo that will be a Dead Cat bounce only. Hence I would wait with bids between 1640-1550.