EthanTW

XLMUSDT - Time to take entry?

Long
BYBIT:XLMUSDT   XLMUSDT SPOT
XLMUSDT
4H trend chart
XLM was consolidating as a triangle, and just broke it out.
Now it retests the downtremnd line while all market is falling.
If price can still get support from the trend line or keep at Fib(0.618) around 0.38445 till the closure of 4H candle.
It's a good time to take entry.
-
Profit Targets:
a) 0.42435----Fib(1)
b) 0.45275~0.46425---Fib(1.272~1.382)
c) 0.47660-----Fib(1.5)

Stop losses:
a) 0.36605-----(Red horizontal ray)
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!


Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading

🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: www.bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.