Cristopher Mata
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Bullish
$XLM SHORT OR MEDIUM TERM THIS RISE? ๐ฅ
Both $FUN and this coin are rising today, and this one in particular looks much better. That's why if you don't follow me, you'll miss out on potentially good profits and avoid losing money.
How strong is the upward trend?
Recent High (Immediate Resistance): $0.4189. This is the level buyers must overcome to resume the uptrend with strength.
Immediate Support: Looking at the candlesticks, there appears to be support in the $0.3700โ$0.3800 area.
Consolidation Range: The price has been moving in a range between $0.37 and $0.41.
Volume: Buying volume during the uptrend was very strong, indicating strong interest.
During this consolidation phase, volume has decreased slightly compared to the volume spikes of the impulsive candlesticks, which is normal during a consolidation. However, it remains at healthy levels. The 24h Volume (XLM) is 631.79M and the 24h Volume (USDT) is 244.47M, which is significant.
ITS GOOD O NO?
Consolidation after a strong rally. The overall bias remains bullish in the medium term, but in the short term, the direction is less clear, and it could move sideways or experience a deeper correction before a possible next directional move.
So yes its good
Both $FUN and this coin are rising today, and this one in particular looks much better. That's why if you don't follow me, you'll miss out on potentially good profits and avoid losing money.
How strong is the upward trend?
Recent High (Immediate Resistance): $0.4189. This is the level buyers must overcome to resume the uptrend with strength.
Immediate Support: Looking at the candlesticks, there appears to be support in the $0.3700โ$0.3800 area.
Consolidation Range: The price has been moving in a range between $0.37 and $0.41.
Volume: Buying volume during the uptrend was very strong, indicating strong interest.
During this consolidation phase, volume has decreased slightly compared to the volume spikes of the impulsive candlesticks, which is normal during a consolidation. However, it remains at healthy levels. The 24h Volume (XLM) is 631.79M and the 24h Volume (USDT) is 244.47M, which is significant.
ITS GOOD O NO?
Consolidation after a strong rally. The overall bias remains bullish in the medium term, but in the short term, the direction is less clear, and it could move sideways or experience a deeper correction before a possible next directional move.
So yes its good
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