#Stellar Crashing, XLM May Retest $0.085 After A 54% SurgePast Performance of Stellar
After days of sideways movement, Stellar prices crumbled on April 19. The coin is now trading below critical support levels, now resistance, at the back of expanding volumes. Immediate resistance lies at April 19 high of around $0.10.
#Stellar Technical Analysis
Bears appear to be flowing back, days after XLM rose 54% from mid-March. What's conspicuous is the wide-ranging bear bar of April 19 that broke below the middle BB with high volumes. This bar will anchor the short and medium-term formation. As such, as long as prices are below $0.10, traders can look for entries to unload, targeting $0.085, marking the base of the March 21 bull bar. This level also coincides with the 78.6% Fibonacci retracement level of the March to April 2023 trade range. On the lower end, bears may force the coin back to March 2023 lows at $0.075.
What to Expect from #XLM?
The retracement on April 19 follows weeks of horizontal consolidation. This represents a bear breakout, and there are higher odds of XLM printing lower in sessions ahead.
Resistance level to watch out for: $0.10
Support level to watch out for: $0.085
Disclaimer: Opinions expressed are not investment advice. Do your research.
STELLAR
AW Crypto Market Update - Ethereum - Bitcoin - XLMThis video aims to give you an indication of where we are within the ongoing correction for each of these digital assets.
I expect to see weak price action with limited upside in these markets as the full corrections come to an end.
Once we see the momentum wane in a choppy manner, the final move in each market should lead to an inevitable blow off top.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Stellar Lumens XLM formed a Gartley for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of XLM with US Dollar pair.
Previously I shared a long-term trade setup for XLM, which is still in play:
Now On a 4-hr time frame, XLM has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Stellar- A very nice bullish structure (30% rise potential)Like all the crypto market, XLM also reversed at the beginning of the year.
Recently, XLMUSD managed to also break above 0.1 and, after the recent high, is in a normal correction.
This correction could represent a good opportunity for bulls, with a buy around 0.1 support having a 30% rising potential
A break under 0.1 negates this bullish scenario
XLM: Bullish FlagStellar (XLM) technical analysis:
Trade setup : After getting rejected 2x at $0.10 resistance, price had finally broken above it, sharply rising with big volumes, indicating that buyers have absorbed overhead supply from sellers and price could resume its Uptrend. Now it’s consolidating, likely briefly, in a Bullish Flag pattern, which typically resolves in the direction of existing Uptrend.
Pattern : Bullish Flag pattern. Short term small rectangle trading range between diagonal parallel lines. It moves counter to the prevailing price trend observed in a longer time frame on a price chart. It forms typically following a sharp advance and often indicates a small change in direction (or areas of consolidation) before the previous trend resumes. Flag pattern is among the most reliable continuation patterns that traders use because it generates a setup for entering an existing trend that is ready to continue. Trade is initiated on a breakout, if it is in the same direction as the prevailing trend. Also, with bullish flag patterns, traders prefer a breakout with an increase in volume but it isn’t a must.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $0.10 (previous resistance), then $0.08. The nearest Resistance Zone is $0.13.
AW Stellar Lumens Analysis - Approximate Correction End Date...In this video I go into the many different details that point to when I expect XLM to bottom out.
Using a confluence of different data points, I forecast an approximate month and year.
During this time, I also expect to see some extreme turbulence in all markets due to the end of some larger cycles.
This will lead to some extremely rare opportunities to create generational wealth for those that dare.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
XLM: Resistance BreakoutStellar (XLM) technical analysis:
Trade setup : After getting rejected 2x at $0.10 resistance, price has finally broken above it, indicating that buyers have absorbed overhead supply from sellers and price could resume its Uptrend with upside potential to $0.13.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $0.10 (previous resistance), then $0.08. The nearest Resistance Zone is $0.13.
XLM - Good Time to BAG RROFITS 💰Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Taking a quick look at Stellar / XLMUSDT which already increased nearly 60%. This is an altcoin that's been on my watchlist since early this year, and I believe a pullback seems logical from this point.
The technical indicators RSI is showing overbought in the weekly. The Momentum in lower timeframes shows that sellers are taking control and the LSMA has fallen under 50.
This point to a possible short term correction, which is only natural after a bullish 60% upward move.
While you're here 👀 Check out LINKUSDT :
My early accumulation plan for XLM :
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CryptoCheck
✴️ Stellar Enters Bullish Cycle | 5-Steps PatternStellar (XLMUSDT) is moving ahead of the pack and just hit a 5 months high.
Let's see what this chart has to say.
First, let's focus on the 5-Step Pattern we've been looking at today.
This pattern consists of #1, the Dec. 2022 low.
#2 | January's 2023 bullish breakout.
#3 | The correction that ended mid-March (10-March).
#4 | The resumption of the bullish trend and #5 the new high, in this case we are aiming at $0.18 based on the Fib. extension numbers.
This is the same pattern we saw with Cardano, ChainLink, Terra, etc.
Now, let's review some of the classic signals.
- Really high buy volume in the past few days. The highest buying pressure since 2021.
- Very strong indicators. RSI and MACD... The rest is history.
What one does, the rest follows!
Expect for the rest of the market to grow as well.
You can find XLMBTC in the "Related Ideas" below.
Thank you for reading and for your continued support.
Namaste.
XLMUSD finally validating the inv h&sStellar’s XLM looks like its finally gonna trigger the inv h&s pattern it had previously done a fakeout or 2 above the neckline of. We can see before on its first trip above the neckline the original right shoulder was extremely small…it then went back under the neckline and has since created a much more robust right shoulder before now finally breaking back above the neckline with the type of authority that gives me confidence that it will reach the measured move target this time. In doing so it should also take price action above this descending trendline its currently testing the resistance of which if it can do so and then flip that trendline to solid support should also trigger a breakout from a triangle pattern its been in for quite sometime that can then eventually lead to much higher breakout targets than just this inverse head and shoulder target allows for. *not financial advice*
$XLM/USDT 12h (#Bybit) Falling broadening wedge breakoutStellar Lumens looks good for bullish continuation from here after pulling back to 100EMA support.
⚡️⚡️ #XLM/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (LONG)
Leverage: Isolated (5x)
Amount: 6.2%
Current Price:
0.09070
Entry Targets:
0.09060 - 0.08800
Take-Profit Targets:
1) 0.09625
2) 0.10150
3) 0.10670
Stop Targets:
1) 0.08350
Published By: @Zblaba
$XLM #XLMUSDT #StellarLumens
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +38.9% | +68.3% | +97.4%
Possible Loss= -43.2%
Estimated Gaintime= 1 month
🔥 XLM Bear-Market Ended: Preparing For The Next Bull-RunOver the course of ~6 years, XLM has been trading inside the pattern drawn on the chart. With the price reversing from the bottom support early January, we can make a good case for the idea that the bottom is in.
At the moment, we're likely going to see a long period of accumulation, maybe a year or more. The top resistance will function as the main target for the next bull-run, which could net in some decent long-term gains.
For better readability I've copied the previous bull-run in yellow. This is not my prediction, but merely an indication.
AW Bitcoin Analysis - Let Me Clear Up The Confusion...Some people have said that my latest ideas have seemed confusing which I agree with.
So, in this video I will show you some basic AriasWave concepts that will explain where I am coming from.
I always mention that I created AriasWave, so here I show you some official content which I have never done before.
I do this especially for the XLM followers because they are the most active on this channel across the different platforms.
I want to explain a little bit about the framework where I derive my ideas from and at least explain the waves that relate to XLM.
This is my way of saying thank you for your patience as I try to figure this thing out.
This is just the beginning, there will be many awesome times ahead where we are at astronomic levels discussing these very same patterns as they evolve.
I have linked the last idea for XLM down below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***