Hi dear patrons, hope you are well and welcome to the new trade setup of XLM.
On a monthly time frame, XLM has formed bullish Gartley pattern.
Buy and sell targets:
Buy between: $0.192 to $0.10.
Sell between: $0.4230 to 0.6681.
Stop loss: Below $0.10.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 586% , and a loss possibility is 23.50% as per the current price.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 2460% , and a high loss possibility is 80%. Therefore, in order to minimize the risk factor we can wait for Bitcoin to breakout the wedge on the weekly time frame, and i will keep posting updates for that breakout.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
On a monthly time frame, XLM has formed bullish Gartley pattern.
Buy and sell targets:
Buy between: $0.192 to $0.10.
Sell between: $0.4230 to 0.6681.
Stop loss: Below $0.10.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 586% , and a loss possibility is 23.50% as per the current price.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 2460% , and a high loss possibility is 80%. Therefore, in order to minimize the risk factor we can wait for Bitcoin to breakout the wedge on the weekly time frame, and i will keep posting updates for that breakout.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade