Priceline of XLM / US Dollar has formed a bullish BAT pattern and entered in potential reversal zone and ready to hit the sell targets soon insha Allah. But the volume profile is still showing the traders interest below the PRZ area even the POC of volume profile is also below the potential reversal zone, therefore I would suggest for secure trade we can wait for...
Technical analysis: . Stellar/Dollar is in a range bound and the beginning of uptrend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 39. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.08495 to 0.07211). if so, traders can set orders based on Price...
Technical analysis: . Stellar/Dollar is in a range bound and the beginning of uptrend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 39. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.08495 to 0.07211). if so, traders can set orders based on Price...
Technical analysis: . Stellar/Dollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...
Technical analysis: . Stellar/Dollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...
Technical analysis: . STELLAR/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 38. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...
Technical analysis: . STELLAR/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 38. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...
Technical analysis: . STELLAR/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 69. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.11789000 to 0.09560000). if so, traders can set orders based on Price...
Technical analysis: . STELLAR/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 69. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.11789000 to 0.09560000). if so, traders can set orders based on Price...
XLM resistance found for a mid-term position. Stay tuned, and if it bounces, long position. I will update the chart when it keeps going. Volume now is decreasing and a new big wave is expected.
Technical analysis: . STELLAR/DOLLAR is in a range bound and the resumption of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 66. . The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . If you missed our...
Technical analysis: . STELLAR/DOLLAR is in a range bound and the resumption of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 66. . The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . If you missed our...
STELLAR/DOLLAR New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. *There is possibility of temporary retracement to suggested support line (0.31) , if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes...