Long
Updated

XLM LONG SETUP

353
always after xrp.
Note
bottom right chart: attempt retesting almost 1yr trend line. S/R flip here would be needed for pump, i.e., giant bull flag break out

snapshot
Note
clean break of major trend line

snapshot
Note
TP @ fib 1.414 if it follows the same pump signature as xrp +165%. confluence w/ bull flag target
Note
dump to fib 0.168 w/ rejection, needs to break out of the emas to sustain positive PA or it will turn downwards
Note
looking for both momentum divergence + LH for PA confirmation, which is the end of local pullback signature of xlm
Note
S/R flip

snapshot
Note
attempt break w/ momentum

snapshot
Note
looks dumpy, broke supps
Note
major support retest. add here w/ SL just below supp

snapshot
Trade closed: stop reached
Note
yippeee

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.