Shotokhan

XLM bouncing on support with bullish DIV

Long
BINANCE:XLMUSDT   Stellar / TetherUS
I think I made a self-explanatory title, in general today most of alts seems in position to bounce back after yesterday's dump. Volume isn't super high but as you can see in the chart, XLM always have a similar volume before a pump.

There's a bullish DIV on RSI and even on other indicators I'm not showing here (CCI, MFI) and price is definitely very close to TMA lower band, this combined with the bullish DIV at 4h makes me think bounce back is incoming.

If you enter the trade use the support zone to set your stop loss accordingly with your risk managment plan.

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.