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Xlmusdlong

Final Moments To Catch Stellar Lumens XLM At This SupportHi friends, hope you are well, and welcome to the new update on XLM. Falling wedge: On a daily time frame, XLM is bounced from the support of falling wedge pattern with bullish divergence. Broke out broadening wedge and a re-test: On a 4-hr time frame, Stellar broke out the resistance of a broadening wedge. Now the priceline is testing the resistance of this wedge as support. There is also a 50 simple moving average support as well. Tested strong support: On a weekly time frame, XLM has already tested the $0.18 support and is also likely to form a double bottom as well. Once the priceline will be able to breakout the resistance of the falling wedge which is formed on a daily time frame then it can reach the big resistance of $0.44. Conclusion: If XLM successfully re-tests the resistance of broadening wedge as support and starts a bullish reversal move from here, then there will be a high probability for the breakout from the falling wedge as well.
KRAKEN:XLMUSDLong
by moon333
1
💡Don't miss the great buy opportunity in XLMUSD @StellarOrgTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.3453). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XLMUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 69. Take Profits: TP1= @ 0.3686 TP2= @ 0.3926 TP3= @ 0.4175 TP4= @ 0.4409 TP5= @ 0.4672 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
7
💡Don't miss the great buy opportunity in XLMUSD @StellarOrgTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.3453). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XLMUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 69. Take Profits: TP1= @ 0.3686 TP2= @ 0.3926 TP3= @ 0.4175 TP4= @ 0.4409 TP5= @ 0.4672 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity