#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[20] : 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% @TogetherWeAccumulate
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.