XLMUSDT (stellar) Wafting for the Bull Run!XLMUSDT (4H CHART) Technical Analysis Update
XLM/USDT currently trading at $0.42
Buy-level: Above 0.44 (only buy if 4h candle closes above the resistance line at 0.44
Stop loss: Below 0.38
Target 1: $0.470
Target 2: $0.530
Target 3: $0.60
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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STELLAR
XLM/USDT - Possible Bullish W PatternHello traders and community, today I will tell you shortly about situation of XLM/USDT
Trend analysis
- As you can see from the XLM/USDT daily chart, we are currently going upside and completing bullish W pattern (yellow line) as most of other cryptocurrencies. Price of Stellar is going to test resistance level (red price zone: 0,51886), that's why we can see good opportunity for bullish trend. Support level (green line) stays near price zone of 0,375 and global trend is bullish as well. As a trader, I recommend to close buy position up to price level of 0,51 and also compare my possible scenario (white line on the chart) with your own strategy to be prepared for different situation. Always control chart for right signals before you start trading!
Chart pattern
- Bullish W pattern formation (functioning)
Technical indicators
- RSI: market is still in boarders and is located near 50 level (not overheated, Bull signal)
- MACD: MAs are near 0 level + they are getting closer to each other (Bull signal prevail)
- BB: Volatility of the market started stabilizing after volatile movement accomplished (Neutral signal)
- MA (10,20): MA10 is going upward to the level of MA20 (Bull signal)
= Overall bull signal movement
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P.S.: Information provided is only educational and should not be used to take action in the market.
$XLM/BTC 4h (Binance Spot) Trendline BreakoutStellar at Support and Broke out of the Downward Trend Line
Current Price= 0.00000814
Buy Entry= 0.00000804 - 0.00000816
Take Profit= 0.00000983 | 0.00001106 | 0.00001259
Stop Loss= 0.00000785
Risk/Reward= 1:6.92 | 1:11.84 | 1:17.96
Expected Profit= +21.36% | +36.53% | +55.40%
Possible Loss= -3.08%
Estimated Gain-time= 1 month
use Maximum 10 % of the Account
XLM short and long?XLM is a very special project, it develops in silence and cooperates with governments and the biggest corporations, still the price does not reflect the reality, that's why HODL for xlm is the best strategy, but it is also worth playing for events like Listing etc.
"Our vision for 2021 is based on our belief that this is Stellar’s year to grow in meaningful ways — growth of the number of entities building on Stellar, growth of relevant transaction volumes on Stellar, and growth of the number of people that know about Stellar. We want to do our part to ensure that Stellar is known as a credible and valuable integration option by business leaders, policy makers, regulators, and consultants. "
CRDT.io new crypto banking system (high potential)
STELLAR - XLM - More Realistic View Of The Waves - $40 TargetIn my first XLM video I gave you a rough estimate of what price we can expect.
In this video I go deeper and give you a more realistic view of how this may progress.
40cents - 12cents whats the difference right? Well as you know this can mean more bags.
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Dont Sleep on XLM (STELLAR) - Correction period is overXLM has been in a correction phase for a few weeks now but seems to have bounced off the lower trend line nicely and can actually be seen trading in an ascending channel. I expect growth up to 70 cents at least with potential for hitting $1+ before the end of March.
I've opened a trade and am excited to see what happens.
This is not financial advise
If you like my analysis please like and follow
XLM USD Daily BreakdownThis chart looks at the 20 EMA and RSI specifically. I also include a measured move if this isn't another fake breakout. The 20 EMA is shown in red as outlined on the chart. I have circled examples as to what happens when we cross above the 20 EMA. If we stay below, I anticipate we're going to see .38 again before an upswing ( another buy opportunity )
This is NOT financial advice and I'm NOT a financial advisor. I'm posting for feedback on my TA.
Please like, comment and follow.
Thanks
Stellar LONG 📈✅As you see here, price rejected our trend line just bellow, we got our several confirmation with Fibp levels and MACD. changing from bearish to Bullish, strong support just bellow the price.
all this confluences makes us to think about strong buy position here 📈‼️
R:R 1:4.2 LOVELY ORDER
lets see how this one goes!!!
Any question DM or Comment,
GOOD LUCK EVERYONE !!!