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XLM Explodes +132% — Is the Party Over or Just Starting?XLM has been one of the top movers, sweeping the January 2025 swing high at $0.515 before stalling and moving sideways for the past 4 days. Is XLM gearing up for another push toward the highs, or is a correction imminent? Let’s dive into the details. 🧩 Market Structure & Fractal Pattern XLM skyrocketed +132% in just 13 days, mirroring the explosive move seen back in November 2024. If we apply the November fractal, the current price action suggests we could be setting up for an ABC corrective move. 📉 Key Levels & Confluences FVG Zone: ~$0.49–$0.50 — likely to be swept before any major move down. Monthly Support: $0.4142 Key Level / Liquidity Pool: $0.4056 — likely cluster of stop-losses. Anchored VWAP (from $0.2228 start of trend): currently near $0.4056, adding strong confluence. 1.0 Trend-Based Fib Extension (ABC projection): If price pushes to ~$0.49 to complete wave B, the projected 1.0 TBFE for wave C lands right on the $0.4056 key level + VWAP, creating a perfect confluence zone. ➡️ Conclusion: The $0.4142–$0.4056 zone is a critical support and liquidity area with multiple confluences lining up. Trade Setups 🔴 Short Setup: Entry zone: $0.48–$0.50 (ladder in) Stop-loss: Above $0.5166 (prior high) Take-profit: $0.4142–$0.4056 zone R:R ≈ 1:3 🟢 Long Setup: Entry zone: $0.4142–$0.4056 (preferably near VWAP) Stop-loss: Below $0.395 Take-profit: $0.44 ⚡ Final Thoughts Watch for a potential final push toward $0.49–$0.50 before a corrective wave unfolds. The confluence at the $0.4142–$0.4056 zone — including monthly/weekly levels, VWAP, liquidity pool, and the 1.0 TBFE target — makes it a key area for decision-making. Stay patient and wait for confirmation at these levels. Will post an update as things unfold! _________________________________ 💬 If you found this helpful, drop a like and comment! Want breakdowns of other charts? Leave your requests below.
Short
by SiDec
2
Bitcoin: New All-Time High — What’s Next?Bitcoin had an incredible run, breaking the old all-time high ($111,980) with strong bullish momentum and setting a fresh ATH at $123,218 (Binance). We just witnessed the first major corrective move of ~6% and a decent bounce so far — but the big question is: What’s next? Will Bitcoin break higher over the summer or form a trading range here? Let’s dive into the technicals. 🧩 Higher Timeframe Structure May–June Range: BTC was stuck between $110K–$100K, forming an ABC corrective pattern. Using trend-based Fib extension (TBFE) from A–B–C: ✅ C wave completed at $98,922 (1.0 TBFE) ✅ Upside target hit at $122,137 (-1 TBFE) Full Bull Market TBFE: ➡️ 1.0 → $107,301 → previously rejected ➡️ 1.272 → $123,158 → recent rejection zone Pitchfork (log scale): ➡️ Tapped the upper resistance edge before rejecting. Previous Bear Market Fib Extension: ➡️ 2.0 extension at $122,524 hit. 2018–2022 Cycle TBFE: ➡️ 1.618 at $122,011 tapped. Macro Fibonacci Channel: ➡️ Connecting 2018 low ($3,782), 2021 ATH ($69K), 2022 low ($15,476) → 1.618–1.666 resistance band: $121K–$123.5K. ✅ Conclusion: Multiple fib confluences mark the $122K–$123K zone as critical resistance. Daily Timeframe ➡️ FVG / Imbalance: Big daily Fair Value Gap between the prior ATH and $115,222 swing low. BTC broke the prior ATH (pATH) without retest → a pullback to this zone is likely. Lower Timeframe / Short-Term Outlook We likely saw a completed 5-wave impulse up → now correcting. The -6% move was probably wave A, current bounce = wave B, next leg = wave C. ➡ Wave B short zone: $120K–$121K ➡ Wave C target (1.0 TBFE projection): ~$113,326 ➡ Confluence at mid-FVG + nPOC Trade Setups 🔴 Short Setup: Entry: $120,300–$121,000 Stop: Above current ATH (~$123,300) Target: $113,500 R:R ≈ 1:2.3 🟢 Long Setup: Entry: Between Prior ATH and $113,000 Stop: Below anchored VWAP (~$110,500) Target: Higher, depending on bounce confirmation. 🧠 Educational Insight: Why Fibs Matter at Market Extremes When markets push into new all-time highs, most classic support/resistance levels disappear — there’s simply no historical price action to lean on. That’s where Fibonacci extensions, channels, and projections become powerful tools. Here’s why: ➡ Fibonacci extensions (like the 1.272, 1.618, 2.0) help estimate where trend exhaustion or profit-taking zones may appear. They are based on the psychology of crowd behavior, as traders anchor expectations to proportional moves from previous swings. ➡ Trend-Based Fib Extensions (TBFE) project potential reversal or continuation zones using not just price levels, but also the symmetry of prior wave moves. ➡ Fibonacci channels align trend angles across multiple market cycles, giving macro context — like how the 2018 low, 2021 ATH, and 2022 low project the current 1.618–1.666 resistance zone. In short: When you don’t have left-hand price history, you lean on right-hand geometry. That’s why the $122K–123K zone wasn’t just random — it’s a convergence of multiple fib levels, cycle projections, and technical structures across timeframes. ⚡ Final Thoughts Bitcoin faces major resistance around $122K–$123K backed by multiple fib and structural levels. A retest of the prior ATH zone (~$112K–$113K) looks probable before the next big directional move. Watch lower timeframe structure for signs of completion in this corrective phase. _________________________________ 💬 If you found this helpful, drop a like and comment! Want breakdowns of other charts? Leave your requests below.
Short
by SiDec
4
NAS100 Setup Locked In — Ride the Drop from the Order Block!Hey Guys, I'm planning a sell trade on the NAS100 index from a designated order block. Once price reaches the sell zone, the position will be activated. 📍 Trade Details: - 🟢 Entry Level: 22,869 - 🔴 Stop Loss: 22,930 - 🎯 TP1 – First Target: 22,839 - 🎯 TP2 – Second Target: 22,794 - 🎯 TP3 – Final Target: 22,671 📐 Risk-to-Reward Ratio: 3.24 Your likes and support are what keep me motivated to share these analyses consistently. Huge thanks to everyone who shows love and appreciation! 🙏
OANDA:NAS100USD
by TraderTilki
10