#Accumulatio_Recommendation
Pair : #XLM / #BTC
RSI : 39.65
TA Notes :
- MACD : Still in bearish mode in the longer time frames but looking bullish for the 1H chart which will be a bullish indication.
- RSI : Is in a good position showing a bullish behavior too at a neutral position for a leg upward move for the 1H chart.
- EMA : Looking to go below the candle stick formed and seems to be going to be below the price in the short run for a bull indication in the short term.
- Volume : Showing a very good volume spike by the past 2 hours which will be a good energy for the short term and for a reversal bull trend formation.
- Candle Stick formation also looks very bullish and if the current candle could manage to close above the resistance line in RED it will be a confirmed reversal bull trend for the short term.
#Accumulation_Zone : 750 sats - 765 sats
Distribution_Zone:
Target 1 : 792 sats
Target 2 : 820 sats
Target 3 : 843 sats
Target 4 : 865 sats
Target 5 : 898 sats+
STOPLOSS : Close below 745 sats
Risk : High
Capital Accumulation : 4%
@cryptotalk_et
Pair : #XLM / #BTC
RSI : 39.65
TA Notes :
- MACD : Still in bearish mode in the longer time frames but looking bullish for the 1H chart which will be a bullish indication.
- RSI : Is in a good position showing a bullish behavior too at a neutral position for a leg upward move for the 1H chart.
- EMA : Looking to go below the candle stick formed and seems to be going to be below the price in the short run for a bull indication in the short term.
- Volume : Showing a very good volume spike by the past 2 hours which will be a good energy for the short term and for a reversal bull trend formation.
- Candle Stick formation also looks very bullish and if the current candle could manage to close above the resistance line in RED it will be a confirmed reversal bull trend for the short term.
#Accumulation_Zone : 750 sats - 765 sats
Distribution_Zone:
Target 1 : 792 sats
Target 2 : 820 sats
Target 3 : 843 sats
Target 4 : 865 sats
Target 5 : 898 sats+
STOPLOSS : Close below 745 sats
Risk : High
Capital Accumulation : 4%
@cryptotalk_et
