XLM.BTC (Y20.P3.E1).Macro structure.Bullish

Hi,

With free time (recently) I like to look across the board and look for potential long opportunities based on key levels and easy to reach structure (trending).
Then if there is a few to chose from, potentially narrow it down to the best options.
I wish I could have a process to track all this once I start doing it, and review regularly. Manually this takes a lot of effort.

What I look for is formation and structure that looks familiar to me, simplicity and I think this one is one of them.
I have not gone through many charts yet and if you look at my recent posts, I have started this process.
Hopefully I will in a short time, maybe this weekend, complete the top 10 or 20 coins.

As for Stellar, one can see the MACRO structure and key points I have placed.
I think XLM against BTC for now, is straight forward.



Cheers,
S.Sari

Daily Chart

4 HRLY Chart

Commentaire:

Commentaire:

Commentaire:

Commentaire:

As one can see a bearish divergence is taking place and now can this level hold, looking for a bullish candle in the 8 HRLY time frame. Note: BTC domin. has a bullish divergence taking place.