WARNING: I find BTC pairs difficult to analyse since BTC touched 40K because now BTC is continuosly under the spotlight and many corporate investors are buying. Such things tend to invalidate TA. So be careful
TA:
This clearly is a falling wedge almost close to the 0.786 Fib line, a zone where reversals tend to happen the most. Indicators say XLM is in the oversold zone but the tendency is still to go down. If you wanna accumulate you can start from here up to 593sats. If it goes lower than that stop buying, use -10% from 593sats as stop loss.
USDT pair is unclear so this is uncertain, for this reason I suggest to cost average with small amounts.
TA:
This clearly is a falling wedge almost close to the 0.786 Fib line, a zone where reversals tend to happen the most. Indicators say XLM is in the oversold zone but the tendency is still to go down. If you wanna accumulate you can start from here up to 593sats. If it goes lower than that stop buying, use -10% from 593sats as stop loss.
USDT pair is unclear so this is uncertain, for this reason I suggest to cost average with small amounts.
Nota
breaking out attempt!
I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.