$XLM is pressing against the 0.1836 ceiling — a breakout looks close.
Price is coiling under the 0.1836 ceiling, holding above the 1H EMA20
and EMA50, with 1H RSI at a healthy 56. The daily RSI has turned up
from 41 after basing near 0.1782. A clean break of the ceiling opens
the next leg up, so entering the breakout zone keeps risk tight below
the base.
XLM — LONG Setup
Entry: 0.1810 – 0.1825
TP1: 0.1857
TP2: 0.1900
TP3: 0.1931
SL: 0.1782
Invalid if a 1H candle closes below 0.1782.
Would you take profit at 0.1857, or hold for the full move to 0.1931?
Not financial advice. DYOR.
$XLM #Altcoins #cryptotrading
Price is coiling under the 0.1836 ceiling, holding above the 1H EMA20
and EMA50, with 1H RSI at a healthy 56. The daily RSI has turned up
from 41 after basing near 0.1782. A clean break of the ceiling opens
the next leg up, so entering the breakout zone keeps risk tight below
the base.
XLM — LONG Setup
Entry: 0.1810 – 0.1825
TP1: 0.1857
TP2: 0.1900
TP3: 0.1931
SL: 0.1782
Invalid if a 1H candle closes below 0.1782.
Would you take profit at 0.1857, or hold for the full move to 0.1931?
Not financial advice. DYOR.
$XLM #Altcoins #cryptotrading