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XLMUSD D1: Topped out / 60% correction warning

שורט
COINBASE:XLMUSD   Stellar
XLMUSD D1: Topped out / 60% correction warning
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: XLMUSD daily/candle chart review/outlook
::: correction mode up next
::: forget about alt season - not going to happen
::: currently distribution at the TOP
::: HOWEVER maxed out already now
::: 60% correction still pending
::: same fractal as May/July 2019
::: review it on the right side
::: 60% dump/correction possible/likley
::: right now WEAK BOUNCE mode
::: get ready to reshort it
::: correction is REQUIRED
::: 60% correction up next
::: after correction is COMPLETE
::: recommended strategy: SHORT THE BOUNCE
::: TP BEARS +60% gains
::: this is SHORT/HOLD Setup
::: for patient traders only / no fast gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/SWING/CORERECTION
::: Sentiment outlook mid-term: BEARS/SWING/CORERECTION

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