Stellarlumens
STELLAR LUMEN : READY FOR NEW BULLISH FIBO IMPULSE - TRIGGER 🔔Welcome back Traders, Investors, and Community!
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Stellar Lumen, About To Form A Flag-Formation-Breakout!Hi,
Welcome to this analysis about Stellar, we are looking at the 4-hour timeframe perspective. Stellar is one of the more volatile currencies in the last times within the cryptocurrency market and as I discovered now it is forming this important descending-channel in which it already completed the wave-count A to C in the structure and bounced within the lower supports and EMAs lying there, when Stellar now manages to breakout above the upper-boundary this will be the proper continuation-setup and completion of the formation as a bull-flag. Realistic target-zones lying in the dynamic-target-zone marked in blue in my chart then, when Stellar reaches these zones it needs to be readjusted if a bullish continuation right away is possible or firstly pullbacks show up.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"The high destiny of the market is to explicate rather than to speculate."
Information provided is only educational and should not be used to take action in the market.
XLM USD - THE 10-CENT RANGEStellar has been on this bullish move for a month now, well deserved I might add. The fundamentals for XLM has all the attributes to make it a long term pretty good investment. The technicals show you how this token has been moving in a fixed range of 10 cents before a retracement. Something to keep in mind when taking profits.
A good way to catch the bull run is to wait for price to come within the cheap buy zone. Approx $0.56-0.58 price area.
I see XLM to continue on its bullish journey. No price predictions here. Just possible zones where price can travel.
XLM is moving upwards as anticipatedI hope you all had an amazing weekend! As anticipated, XRP was the necessary catalyst (see my published idea from April 6th, 2021).
Also, if you have read my comment from April 7th, 2021 (in that idea from April 6th, 2021) we saw the retest of the monthly level at 0,468$ and weekly level at 0,488$ - if you have set your stop-loss as I did for myself (0,448$) your position has not been closed and you are now part of the upwards momentum.
Our PT positions are still in play. I have mentioned on my idea from April 6th, to set your profit taking level a bit below the actual resistance level and yes, we saw the price approaching 0,67$, but it was rejected around 0,656$ - a good spot for taking profits and buying back at a lower level.
Profit taking levels still in play:
0,677$
0,746$
1,05$
Stop-Loss is now according to your entry point. If I make a good amount of profit, I take out my initial investment and let the profits run - no risk there :)
-This is no financial advice, so trade with caution!-
For transparency reasons: I am invested in $XLM with 1/3 of my portfolio and usually keep 2/3 for dollar cost averaging every 30% down.
XLM/USD (Stellar Lumens/ USD) I fear that I have married this crypto. The technology this company offers is something that i truly believe will revolutionize the money market. If it is not Stellar then it will be a company similar to it. The technology is aiming at Western Union's (WU) market by making it cheaper and faster to transfer money from person to person. With Western Union and Money Gram International (MGI) it is super expensive to move money around. they charge sometimes 10% of the amount moved. and then it takes two- three days before the funds are available. With stellar its instant and at a 1000th of a cent (i think). i would really like to see this company and crypto get bigger I have 1% of my total income in this crypto and thus far its growth has been well welcomed. With this bearish ABCD pattern that just completed the top of the grey box is where you would want to enter or re-enter for the best bargain price.
🆓Stellar Lumens/USDT Analysis (10/4) #XLM $XLMXLM has conquered the 0.5$ zone and if it closes 1Day candle above 0.55$, it will be fully bullish and will head to 0.75$ zone at late April and 1$ at early May
📅NEWS
👉Apr 13 : Stellar Development
📈BUY
-Buy: 0.49-0.51$. SL B
-Buy: 0.54-0.56$
📉SELL
-Sell: 0.73-0.77$. SL A
-Sell: 0.975-1.025$. SL A
♻️BACK-UP
-Sell: 0.49-0.51$ if B. SL A
-Buy: 0.39-0.41$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
XLM not touching $1 I thinkGreetings all! People are saying that XLM (Stellar Lumens) will be touching a dollar. I am not a financial advisor but I think it is not a good idea to buy at this point. Quick buy and sell is ok but looking at the pattern it is about to fall. I recommend the buying targets either $0.49 next dip NOT NOW, or $0.55 NEXT DIP.
My Indicator is Neutral but as soon as it touches $0.55, my indicator changes to SELL. Rest is your choice.
XLM - Near term potential mega DUMP - STOP SWEEPER option - CAREZOOMED IN FROM LAST IDEA attached
\
****WARNING S*&T YOUR PANTS POTENTIAL**** 70%+ flash dump??? wtf
Whether this plays out or not there is an important lesson here.
Just when the mob of lil krill (thats you)(and me) start all having their sweet longs up and in sweet profit, on an OBVIOUSLY positive macro leg up area,,, the rugs are delivered from below as the whales rise up and eat everyone's positions (and their low funding shorts absolutely print easy millions, and their spot bags are full).
Its all over so fast you can't really react very well to it. Then the big bull leg up kicks in. At differing speeds everyone who was forced out by stops fomos back in.
Its happened before mannny times. One of them you can see right here in this idea plain as day.
You can try and do two things:
1. Just hodl. 'easiest option'. but you have to really feel the pain as you baghold that 40% soul crushing dump (and you found out about it and got to your computer like halfway down it so your confused what to do).
2. put a pretty darn tight-ish stop, like say 8-12%, and HOPE to get stopped out early. ready to start rebuying all your positions as the dump evolves down. or rebuying right away if the market does a hard bounce up and this whole idea is invalidated.
NOTEs
*putting a 20% stop say puts you in a difficult position, think about it.
*putting a super tight stop (<8% ish ) is just dumb as you'll get chopped out.
*market does a say 12%-15% (quite 'common' these recent days) chop and bounces hard up invalidating this idea, then you just lost a bunch of tokens and value to your port.
so there are obvious risks to try and catch an opportunity like this.
WILL this one playout on XLM again? Is this fractal even in the right place? if it is will it happen again or deviate before? was that just a random glitch in the matrix for that period and wont happen this time?
Also IF this does playout similarly here, will it only happen to XLM?? (prob would be ALT wide)
Was this old one exacerbated by lower volume etc back then, was it supposed to stop at the obvious ascending triangle area edge (that ive marked in the chart)?
SO many variables.
I THINK this kinda move makes sense as everyone's longs go up. It IS a great time to pull this shit. Hence I am going to work around the possibility of this happening.
Stops up on all my spot as per option 2 above SOON.
***I am just putting these ideas down somewhere. its obviously not financial advice. Your hopefully a grown up who can make their own financial decisions.
DO WHATEVER THE F*&K YOU WANNA DO then MAN UP IF IT DOESN'T WORK :)
glhf
Stellar Lumens Consolidating If you've taken a look at the markets lately, then you've probably noticed that Stellar Lumens is looking extremely bullish as of late.
For those that are unaware, we're going to break down exactly why people are so bullish on Stellar Lumens lately, and it has nothing to do with their asset's price relationship with XRP (which has also been going nuts as of late).
Let's take a look at the charts and see what else we can find out from Stellar Lumens prior price action.
Stellar Lumens Price Analysis
From the chart above, we can see that Stellar Lumens made a concerted effort to push beyond the overhead horizontal resistance sitting at 52 cents (and for some period of time it was successful in doing so)
However, if we zoom in a bit closer on the daily resolution, it does not appear that Stellar Lumens was able to hold its advantage beyond this point:
From the chart above, we can see that Stellar Lumens made a concerted effort to push beyond the overhead horizontal resistance sitting at 52 cents (and for some period of time it was successful in doing so)
However, if we zoom in a bit closer on the daily resolution, it does not appear that Stellar Lumens was able to hold its advantage beyond this point:
As we can see from the chart above, Stellar Lumens has been trading around this zone for quite some time with no apparent success breaking above the primary overhead resistance at 52 cents.
Other notable points can be found at the following:
1. 43 cents
2. 37 cents
3. 30 cents
Each one of those points are a fair amount of distance from where the price is currently.
Let's take a look at the distance between the current price and the underlying support.
Librehash Reversion Ribbon V2
In the chart above, we can observe the following:
1. Dowturn in the direction of the ribbon, overall (bearish)
2. Consolidation of the ribbon, which means that the two ends of the ribbon are converging together (bearish)
3. The Histogram confirming what we mentioned in #2 (bearish)
4. The candles are dark green but with a red outline (which indicates the bearish underlying trend that continues to crop up)
Balance of Power RSI
The Balance of Power RSI is actually ambivalent in this situation (it was expected that there would be some clear bearish divergence here).
Let's take a look below.
Below a pseudo line of best fit is drawn:
Conclusion
Stellar Lumens appears to be farly neutral at this point in time.
There's nothing to suggest that its going to bust above the resistance directly overhead, but in time this is definitely a latent possibility.
STELLA'S HOT GIRL SPRING: ACCUMULATION + BULLISH SIGNALSI haven't really been on speaking terms with Stella after I bought in then stopped out right before the epic pump some months ago... You can see my previous analysis in the link below... I got impatient (and a little thirsty for some other hot girl coins...) which is a great way to lose money in this market. Clearly I'm still a bit bitter she left me in the dust... I just hate when I don't follow my own advice XD
Anyway... I decided to check in on my old girl Stella; after her crazy rebound, she decided to calm down and take some time for herself... but it seems like a lot of other guys have been checking her out over the last month of consolidation, and maybe just maybe she's ready to put herself out there again...
okay okay enough silly metaphors
Looks to me like there's been some accumulation, probably preceding the next move higher, which may happen soon. Bullish divergence on 4HR Stoch RSI is playing out + a bullish MACD cross on 4HR + favorable market conditions, given Altcoin dominance is on the rise & large caps are FINALLY moving again... this can only equal one thing:
Stella's getting back in shape for a hot girl spring ;)
STEEELLLLLLLAAAAAAAA!!!!
happy trades,
CD
XLM broke finally out of the trading rangeAs you can see in this post (also my previous ideas on XLM/USD), the price has finally broken out of the trading range (0,349$ to 0,476$).
Now it is a matter of patience, since we have small 4hr resistance level (orange level) that has to be broken and was a nice spot for profit taking. Other catalysts, like the positive development of XRP usually drag XLM along.
Next targets for profit taking could be:
0,61$
0,67$
0,74$
Always set your profit taking stop a little bit lower, then the actual resistance level, since we might see small rejections there, but sometimes the price might even break way above.
This is no financial advice - so trade with care!
Just for transparency: I am invested in $XLM - every now and then taking profits and reinvesting.
XLMUSDT Good Buying opportunity!#XLMUSDT (4H CHART) Technical Analysis Update
Reversing from the support
XLM/USDT currently trading at $0.48
Buy-level: $0.47 - 0.48
Stop loss: Below $0.43
Target 1: $0.53
Target 2: $0.57
Target 3: $0.60
Target 4: $0.75
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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Stellar Lumens (XLM/USDT | STR/USDT)Technicals:
87 Weekly BBands have opened and the price is continuing on its parabolic movement with upper BBand trailing below as support
If the 2017 fractal is in play, then drawing a fib extension from Oct'20 provides a glimpse into what prices could potentially reach into May 2021
Previously, the price extended to the 3.0 and 3.272 fib levels back in 2017. If history repeats, prices could reach a range of 3.7-5.4 USD per Stellar
Stellar Lumens (XLM/USDT | STR/USDT) Parabolic Moves - Long TermTechnicals:
- 80 week Bollinger Bands begin to open and point towards a potential violent upswing in the future (4-12 weeks)
- Monthly RSI on weekly timeframe shows oversold
Fundamentals:
- A lot of fintech and remittance startups and stable coins are being created with lumens tech
- Protocol 15 release