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XLMUSD H2: SWING: 20% correction/SHORT IT/Distribution(NEW)

بيع
COINBASE:XLMUSD   Stellar
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XLMUSD H2: SWING: 20% correction/SHORT IT/Distribution(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more short-term
and mid-term losses. SHORT IT!


🔸 Summary and potential trade setup
::: XLMUSD 2hour/candle chart review/outlook
::: tagged SHORT because it's BEARISH short-term
::: mid-term also BEAR MODE
::: ongoing distribution / stuck in range
::: bulls unable to break the current range
::: spells more trouble mid-term
::: 85K range highs / 75K range lows
::: shorting near range highs makes sense
::: BEARS should get ready to SHORT HIGH
::: we are setting up for another correction
::: final TP bears is near 70K (20% correction)
::: recommended strategy: SHORT IT 85K
::: TP BEARS is 70K
::: SWING trade setup / no fast gains here
::: SHORT/HOLD / do not expect miracle gains
::: SL is 5% max
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment outlook short-term: RANGE/MIXED

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