Here's a quick update on XLM-BTC.
The price increased a lot after Coinbase listing news. As per me, It is now due correction.
I didn't look at any other indicators except volume. There has been a clear decline in volume but the price has been increasing steadily. As per my knowledge and observations, An increasing price, together with declining volume, is always, without exception, bearish.
Also, the volume oscillator is showing a loss of Bullish momentum. The reversal may occur anytime soon. I am expecting a correction upto 8-10%
Keep an eye out. Trade safely. Always remember, money not lost is also a profit.
Those who wish to achieve greatness,
never seek for permissions.
They follow what their heart says,
and do what their mind states!
Good luck trading.!
Peace.
The price increased a lot after Coinbase listing news. As per me, It is now due correction.
I didn't look at any other indicators except volume. There has been a clear decline in volume but the price has been increasing steadily. As per my knowledge and observations, An increasing price, together with declining volume, is always, without exception, bearish.
Also, the volume oscillator is showing a loss of Bullish momentum. The reversal may occur anytime soon. I am expecting a correction upto 8-10%
Keep an eye out. Trade safely. Always remember, money not lost is also a profit.
Those who wish to achieve greatness,
never seek for permissions.
They follow what their heart says,
and do what their mind states!
Good luck trading.!
Peace.
Not
1st target reached. xDİşlem kapandı: hedefe ulaştı
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Global Community Manager,
TradingView
TradingView
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.