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. xDOperación cerrada: objetivo alcanzado
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Want to grow with people who get it?
📈 Join my FREE Telegram → t.me/johntradingwick
🤝 Connect on Twitter → x.com/tradingwick_
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
I build communities where traders feel understood and supported. 🔥
Trading is lonely, but it doesn’t have to be.
Want to grow with people who get it?
📈 Join my FREE Telegram → t.me/johntradingwick
🤝 Connect on Twitter → x.com/tradingwick_
Trading is lonely, but it doesn’t have to be.
Want to grow with people who get it?
📈 Join my FREE Telegram → t.me/johntradingwick
🤝 Connect on Twitter → x.com/tradingwick_
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.