XLM - Near term potential mega DUMP - STOP SWEEPER option - CAREZOOMED IN FROM LAST IDEA attached
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****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
Stellarlumens
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...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
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
XLM forecastOK. Again this is for my own analysis and reference for benchmarking purpose. This is not advice and i'm not a financial professional.
XLM has obviously taken off. But imho and based on REAAALLLLY simple chart pattern analysis, its just started its next parabolic rise.
XLM is a unique crypto in its predictability (thus far). It basically spends 1 week doubling in price and then 4-5 weeks re-consolidating. Usually 30-40% lower than its prior ATH. This will be the 3rd time its made its traditional parabolic rise.
FUN FACT: many OG's refer to XLM's final (and from a market cap perspective REDICULOUS) parabolic cycle as the real red flag indicator that the bitcoin cycle is over. Check out XLM back in Dec17/Jan 18. Basically went from 20Billion to 90Billion market cap in like one week. My hypothesis? Well the first thing that a million retail fomo buyers gravitate towards buying is the 'cheapest' coin. Not taking into consideration that its 'cheap' because there are 50,000,000,000 XLM coins in total supply.
So when you see XLM starting to do MORE THAN double on its parabolic sprints, its a sign that we're close to the end. I suspect we have at least 2 or 3 more solid moves before that happens though.
I like trading XLM because of its predictable nature (vs holding it). Who wants to hold a coin for 7 weeks while it does nothing between its 2x runs? THIS LAST PART MIGHT SEEM OBVIOUS, AND IT SHOULD BE. ITS ALSO WHY ITS SO VALID. EVERYONE'S TRADING IT, WHICH IS EXACTLY WHY IT CYCLES LIKE THIS. PILE ON, PILE OFF.
XLM will do great in the following months !!!FORGET ABOUT BITCOIN !!!
This chart suggests that XLM has a lot of room to grow against Bitcoin !!
We are getting to the end of a TWO YEARS EXPANDING BULLISH WEDGE
forming a beautiful multi year basing pattern of Stellar Lumens against Bitcoin.
With Altseason that has just begun this is one of the coins to be in during the following months / years.
XLM: the big breakout is finally on! (+48%!) XLM finally broke out after months of consolidation...
Stellar is a very special coin and has very special behavior in price action with long and boring accumulation periods and then massive breakouts of 40 to 50% in the matter of days or weeks!
FUNDAMENTAL / LONG TERM
As you can see I am very bullish on Stellar fundamentally hence its in my username, this is because I believe Stellar with play a crucial role in the future of bank backed stable coins.
This same reason is why Stellar underperformed compared to all these hype projects popping up left and right; I believe XLM could gain more spots in the market cap rank in the long run.
XLM will explode in fall / start of winter this year; when we will see more and more "official bank backed" stable coins and the implementation of the new SWIFT standard, same accounts for LINK. People say these are all rumors etc; but I do not believe so. The new world finance settlement system of SWIFT ISO20022 will be a game changer for crypto esp LINK, STELLAR and ETH - but dyor.
XLM BREAKOUT
As you can see we just came out of our consolidation period and we are about to break the ATH. Normally you would start to be cautious and it would feel like chasing a pump / fomo.
For Stellar this is not the case, given its super long accumilation periods and XLM needs to break ATH for a proper breakout. I expect this to happen today and a minimum 45% pump is coming against the USD and 30-35% against BTC.
Happy days for Stellar and for me long term hodler! :)
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
XLM : Stellar Lumens: Its do or die you lil stalling S*^T; v34XLM : Stellar Lumens: Its do or die you lil stalling S*^T; v34
Its do or die. This has been dragged out enough.
Might be best to buy this one on the dip after we hit the recent ATH.
This has been stretched out a bit; like its taking longer this time i'd say but still intact. it was a bit confusing as that first pump (circled pa area) wasn't as intense this time (prob because stellar is losing weight to other tokens lately), so was harder to see until recently.
Targets are all on there. I'll be bagging up soon, NOT NOW, I expect XLM will lag even further on this coming pump, then boom once everyone sells into the whales.
BUT IM PLAYING THEIR GAME BIT*&Es
gl
XLMUSD LONGits just a matter of time until xlm moves!
its been building the same patterns over and over again since the 0.12 area
consolidation / retracement zone then push up retracement then push up again
the last high took us to roughly 0.6083 with a low point of 0.31 and we have entered a long consolidation zone doing lower highs while maintaning 0.35 support.
Buy the bottom of the channel for a better reward ratio or wait for a break out of 0.44 !
the next leg up should be to about 0.80 - 0.94
NO FINANCIAL ADVISE -DYOR
Patience is key.
Risk management is MUST.
if this idea help you you are welcome to donate :)
XLM WALLET: GBCMBLMGL2D3I2HTCKZ6HB2KPXYJ4DVBF4J7GQD2BRORMXHJ2RLYUHJP
hit the like button thanks;
XLM to $1?Based on history, it seems like XLM is about to repeat it's wave pattern.
Currently we are given a momentum indication from 20 and 50 EMA.
The weak volume can be taken as another momentum sign as a silence before the storm.
Based on previous buying waves to the upside I expect the price of XLM to reach $0.75 before a correction.
Based on the trend of higher highs, another buying wave top will be at $1 per XLM!
I am in, how about you? Are you sold?
Good luck!
XLMUSDT Waiting for the resistance breakoutXLMUSDT (4H CHART) Technical Analysis Update
Waiting for the resistance breakout
XLM /USDT currently trading at $0.452
Buy-level: Above $0.475 (only buy if the 4H candle closes above $0.475)
Stop loss: We will update once we see the breakout
Target 1: $0.52
Target 2: $0.58
Target 3: $0.65
Target 4: $0.75
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
XLM 4H - Bullish scenario4H Chart - Bullish scenario for stellar
long consolidation for XLM after hit 0.60 Feb- XLM Need to Break Resistance levels to hit ATH again we have these resistance on the way up !
R1 - 0.42
R2 - 0.45
R3 - 0.53
Hope we see XLM back to game soon 🤑
My First Target for Stellar is about 0.58 or 0.61
Then go back to .48 and back up again for 0.71 or 0.81 , Let's See !
Don't forget to like and comment your targets for XLM !
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor and publishing my idea !
STELLAR Preparing for new impulse?Hi everyone,
These couple of days we've seen a better performance of XRP and Stellar in comparison with BTC and ETH.
They seem to be getting hotter... XRP is leading now but I'm sure Stellar will follow.
Currently we're in an accumulation zone.
Positive fact: We're above the 200 MA (2H Graph).
Long term positive, short term neutral.
Luck!
XLM with possible upwards breakoutAs described on my post from February 27th, 2021 the retest of support/resistance levels (weekly and monthly) is quite necessary.
There was a good opportunity of profittaking, as mentioned before (buying in at 0,36$ and selling at the monthly resistance level of 0,466$).
We are still within the trading range of 0,36$ and 0,466$. As the interest grows, we could see a second test of the monthly level (0,466$), which might even surpass other weekly and monthly resistance levels - especially since Stellar Lumens has recently introduced new features (Horizon 2.0 / Smart Contracts) and partnerships (fundamental news function as catalysts). The interest in XLM has an odd habit of jumping in an extreme way, so that a 100% increase over a day has happened before.
You can also see on the chart, apart from the trading range, that XLM was / is in a long phase of accumulation (almost a month) and the price has just moved out of a wedge (trend), which of course if fractal information.
As usual, this is no financial advice - just my opinion and to be fair, I am currently invested in #XLM, which does not mean that you should!
I always appreciate constructive critical feedback!