XLM-USDT

3h Chart:

XLM is also in a downtrend.

My trading idea for this current market state:
1. buy at -150% range (lots of resistance here)
2. buy again at -200% range (support level & absolute low for this year)

İşlem aktif:

Quick tade idea on 15min

XLM moving inside descending parallel channel
-just hit the lower part
-buy around this zone and hold until price reach the top part of the channel (around 3.5%)
-set stop at -1%

İşlem elle kapatılmış:

Traded closed at 2%

Yorum:

Short term development.
However, I would wait for the retracement at -100% level.

İşlem aktif:

XLM just broke the descending downtrend pattern

Short term Targets as shown in the screenshot. (Stop at 50% level / reentering in channel)

İşlem kapandı: hedefe ulaştı