P_S_trade

XLM - 4h. Now is a good time to test $0.19.

Long
P_S_trade Mis à jour   
BINANCE:XLMUSDT   Stellar / TetherUS
From November 26 in the XLM market continues to correct the strong growth.
Sellers have formed a clear channel of price movement. An attempt to break the lower trend line on December 24 ended with a big hairpin down at increased volumes.

In fact, since December 25, the price of XML has been falling sluggishly, looking for a strong foothold for a new local growth trend. Continuing its decline, it is likely that at $0.12 there will be strong buyers who will be able to turn the price.

The first target is $0.146. Global - $0.19. In the previous idea, we assumed that XML could replace XRP and entice investors.
Looking at the prospects of XRP - this is a very real scenario:

An alternative scenario is the test of $0.1. However, this requires a completely different mood in the market.
______________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
Trade fermée: cible de profit atteinte

🎁 -10% on ALL trading fees OKX
www.okx.com/join/10pstrade

🔥V-I-P cutt.ly/PwkLhT56

👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s

🔵Telegram t.me/pstrade_eng
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.