$XLM +1.1%: 4H BTC divergence is a warning, not a trend reversal
My bias remains bullish on the 1H as XLM continues to print HH/HL structure with daily alignment. The 4H XLM/BTC lower-high while USDT made a higher high signals relative weakness, but I see it as caution rather than a confirmed trend flip.
This is still a counter-trend long against the weekly structure and bearish BTC, so confirmation matters.
I’m watching 0.2274–0.2288 first, where unfilled supply/FVG sits. If that zone breaks and holds as support, the next targets are 0.2346 and the 0.2371 swing-high liquidity.
Entry zone: 0.2231–0.2267 on a reclaim, or after a sweep of 0.22312 that fails to close below the last HL. I want a 1H bullish engulfing, pin bar, or lower-timeframe structure shift before entry. With volume only 0.18x and slight taker selling plus OI fading, I’m avoiding a naked breakout.
TP1: 0.2288
TP2: 0.2346
TP3: 0.2371
Protection goes beyond the structure flip, not at an arbitrary fixed distance.
Invalidation: 1H close below 0.22101. If that happens, the bullish setup is off.
Flow: OI $60.0M (+2.5% 24H) | Funding +0.0100% | Taker 0.95x
Not investment advice. Educational report only.
#XLM #Stellar #CryptoTrading #Altcoins #Binance $XLM
My bias remains bullish on the 1H as XLM continues to print HH/HL structure with daily alignment. The 4H XLM/BTC lower-high while USDT made a higher high signals relative weakness, but I see it as caution rather than a confirmed trend flip.
This is still a counter-trend long against the weekly structure and bearish BTC, so confirmation matters.
I’m watching 0.2274–0.2288 first, where unfilled supply/FVG sits. If that zone breaks and holds as support, the next targets are 0.2346 and the 0.2371 swing-high liquidity.
Entry zone: 0.2231–0.2267 on a reclaim, or after a sweep of 0.22312 that fails to close below the last HL. I want a 1H bullish engulfing, pin bar, or lower-timeframe structure shift before entry. With volume only 0.18x and slight taker selling plus OI fading, I’m avoiding a naked breakout.
TP1: 0.2288
TP2: 0.2346
TP3: 0.2371
Protection goes beyond the structure flip, not at an arbitrary fixed distance.
Invalidation: 1H close below 0.22101. If that happens, the bullish setup is off.
Flow: OI $60.0M (+2.5% 24H) | Funding +0.0100% | Taker 0.95x
Not investment advice. Educational report only.
#XLM #Stellar #CryptoTrading #Altcoins #Binance $XLM