🎯 Trading strategy:
• Trade: Short XLM/USDT
• Entry: around the 0.269–0.271 area
• Stop-loss: above the resistance cloud, 0.277 area
• Take-profit: the 0.238–0.240 area
• R:R ratio: about 2:1
• Timeframe: 4H
• Profit target: ~12%
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🧠 Strategy explanation:
1. Ichimoku Cloud: The price is below the dense resistance cloud, Tenkan and Kijun are horizontal – a sign that the price is being rejected from rising. The cloud ahead is still red => the downtrend has not ended.
2. Stochastic RSI: Has crossed down from the overbought zone, showing clear signs of correction. The %K and %D lines are both pointing down, warning that a downtrend is forming.
3. MACD: The MACD line has started to curve down, and the histogram has shifted from green to light color => the uptrend is weakening. If it crosses down the signal line, it confirms a clear short signal.
4. Price behavior: The price has had many lower wick candles, tested the 0.269–0.270 area and was continuously rejected => this area has become a reliable short-term resistance.
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📌 Note: This is a short-term strategy on the 4H timeframe. If BTC dumps heavily, XLM may drop faster than expected, so move the stop loss to entry when there is a profit of 5–7%.
