Hello to all AMKT members, I hope you had a good day.😍
Today we are going to analyze the XLM coin.
On the weekly time frame, we entered a correction after the sharp rise that we were having, and now there are signs of the start of the next upward wave.
On the daily and 4-hour time frame, after the 0.3 break and the volume increase and the rsi enters the overbuy zone, we can take a long position.
For the short position, we can choose another token, but we can enter a short position with a break of 0.2601, but the trading risk is high.
I hope you have a good and profitable day.
Today we are going to analyze the XLM coin.
On the weekly time frame, we entered a correction after the sharp rise that we were having, and now there are signs of the start of the next upward wave.
On the daily and 4-hour time frame, after the 0.3 break and the volume increase and the rsi enters the overbuy zone, we can take a long position.
For the short position, we can choose another token, but we can enter a short position with a break of 0.2601, but the trading risk is high.
I hope you have a good and profitable day.
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.
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.