Coin name: XLM
SHORT
Price: .2850
(Enter on entry price)
In the 4-hour timeframe, XLM is forming a rising wedge, which is a bearish pattern. However, on the 1-hour timeframe, there is a bullish divergence, along with a double bottom, and XLM is holding trendline support. Despite these bullish signs, the overall market sentiment remains bearish, making this a risky setup.
There is significant upside liquidity in XLM, meaning the price could move up to grab liquidity before heading downward. Proper risk management and money management are essential—avoid using high leverage.
Meanwhile, BTC.D ha