Hi friends, hope you are well, and welcome to the new update on Stellar ( XLM )
Big wedge:
On weekly, after getting bounced by 100 simple moving average XLM is still struggling to re-enter the big wedge. The stochastic is also indicating that the market of Stellar is oversold.
4hr channel:
Recently on 4-hr priceline has broken out a down channel.
Daily breakout and accumulation:
On daily time frame, priceline is still accumulating above the $0.255 support after breaking out the channel. There is also a bullish divergence flashed on the daily time frame. Therefore soon another move towards the upside is expected
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Big wedge:
On weekly, after getting bounced by 100 simple moving average XLM is still struggling to re-enter the big wedge. The stochastic is also indicating that the market of Stellar is oversold.
4hr channel:
Recently on 4-hr priceline has broken out a down channel.
Daily breakout and accumulation:
On daily time frame, priceline is still accumulating above the $0.255 support after breaking out the channel. There is also a bullish divergence flashed on the daily time frame. Therefore soon another move towards the upside is expected
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Atif Akbar
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.
Atif Akbar
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.