targets and buy area are from fibo retracements and as you know mid term trend line has been broken upwards and the buy area is a pullback to the trend so mid term profit will be way more than this probably 30 - 60 percent but i do short term trades so this is pretty safe i think . remember trades can always go wrong so be sure to stay committed to the stop loss !...
ANALYSIS 🔎
- XLMUPUSDT has been ranging since December 2020.
- The market is testing the ATL support.
- The downtrend to the support was resisted by the descending trendline resistance (DTR).
- Price brokeout above the descending trendline resistance and retraced
- Price action is printing a falling wedge (FW) pattern.
- There's a breakout potential.
BUY ENTRY...
