✴️ Stellar | Endless Opportunities
I wanted to write about XLM (Stellar)... It's been a while.
This is a better example of endless opportunities. This one is essentially still at the bottom.
Let's keep it ultra simple shall we?
The RSI is super strong yet XLMUSDT is near its lowest price in years.
Normally, you get a strong RSI when everything is going up and growing.
When things start crashing, you get the weak/oversold RSI signal.
Having a strong RSI at bottom prices signals that the bulls are ready to enter/jump in with force.
The chart agrees... We have a cup bottom pattern and so many green candles tells us sellers are no more.
Everything points higher.
If it doesn't go higher, as a trader you are still looking at a setup where you have very low risk with a very high potential for reward.
The risk can be limited to 10%-20%.
The upwards potential can be 50%, 90%, 200% or even more long-term...
We are only getting started.
I'll show you more.
Namaste.
This is a better example of endless opportunities. This one is essentially still at the bottom.
Let's keep it ultra simple shall we?
The RSI is super strong yet XLMUSDT is near its lowest price in years.
Normally, you get a strong RSI when everything is going up and growing.
When things start crashing, you get the weak/oversold RSI signal.
Having a strong RSI at bottom prices signals that the bulls are ready to enter/jump in with force.
The chart agrees... We have a cup bottom pattern and so many green candles tells us sellers are no more.
Everything points higher.
If it doesn't go higher, as a trader you are still looking at a setup where you have very low risk with a very high potential for reward.
The risk can be limited to 10%-20%.
The upwards potential can be 50%, 90%, 200% or even more long-term...
We are only getting started.
I'll show you more.
Namaste.
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
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.