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.
Nota
1st target reached. xDTrade chiuso: obiettivo raggiunto
Global Community Manager,
TradingView
TradingView
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Global Community Manager,
TradingView
TradingView
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.