Get started

Stellarlumens

XLM (Stellar Lumens) - bounce incoming?XLM has completed a retracement to 0.786 fib. This is typically a very strong area of support. The price is currently sitting in the golden pocket, between 0.618-0.65 fib which is also a good area to see a bounce. If the price can hold above these area, then expect it to move towards the green box for >50% increase. If it cannot hold these fib levels then it will likely break down further and move towards the red boxes 35% decrease. Note the lower red box lines up with 1.618 fib level and as such is a stronger level of support.
by ForgeTrades
XLM/USD Update 4H Chart. $0.63 or $1?We have broken the teal resistance at the same location as the 4H most recent high, came back down for a retest/confirmation and bounced. Then we tested teal again and bounced. Now it is looking like we should push up. Target around $0.63 (resistance line of previous highs) as well as the 1.618 Fib level. A more optimistic view and not terribly unlikely could see us break the previous resistance line and hit around $1 (Psychological level to sell at I imagine) then fall back to the blue (previous high line) to confirm as new support line before heading to a few dollars. At this point I am honestly leaning more towards the $1 level and a breakout since it is looking a lot like alt season and tons of big money is pouring into crypto. If teal breaks down, expect a drop to pink then potentially green line, but personally I lean towards the bullish outcome.
COINBASE:XLMUSDLong
by bwymore
4
XLM/USD 15M Chart Horizontal Triangle We touched the long term resistance based off the previous highs around $0.60 and had a pullback. The price seems to be consolidating in a horizontal triangle pattern. ABCDE Correction. In theory we should be headed back up to a retest and hopefully a breakout. If it fails, I would expect to potentially fall as low as the $0.51 mark where other supports intersect. It looks noisy but It looks like there was an ABC in each leg of the ABCDE and pretty symetrical.
COINBASE:XLMUSDLong
by bwymore
XLM USD - Bulls update - New Alt HighHello traders and analysts. Key: Purple = weekly Blue = Monthly Orange = Daily grey = 4hour pink = 1 hour See our tracking of XLM or Stellar Lumens The original idea is here for 2021: Current position: Original idea XLM 4 hour perspective What has been happening with XLM? The chart shows us: Maxed out upon a weekly level to our -0.27 Fibonacci zone at $0.42, where a price engineering upon an important zone was necessary to tail off in order to keep the bulls in the market. The Fibonacci low of $0.23 upon this price retraced back to our 61.8% zone and continued to reject higher at the 0.382% as the market is creating higher lows. Zones to watch on weekly: $0.28 or 0.34 - a new extension has been made here so price and return to find a strong zone of support. Where is price heading now? Looking to match or break the all time high. From here the extension targets are set for profit taking or holding further. It looks like we will be holding further for an over extension with a new buy imbalance where our weekly zone is the new imbalance (see below). The bullish scenario of the path using this new imbalance may be a possibility. Where a good probability of another additional trade will be looked for. Bearish scenario: Where our imbalance wick as the previous all time high will need filling. The route can be shown here utilising the previous price action on the daily retracing back to two key zones (one being the 50% Fibonacci) which has a strong demand for price to create a new bullish positional move. Or the second option between $0.40 and lows of $0.35 shows a good retracement for a loading for the bulls. Why follow us? 10 years combined analysis experience in world markets. Technical breakdowns using our strategy Ignore majority of fundamentals. Trade for swing, positional trades. Update our explanations where we can. Keeping things simple for ourselves and you. If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes. Regardless we will continue producing analysis. Thanks, Team LVPA MMXXI
COINBASE:XLMUSDLong
by LupaCapital
4
XLM USD - Bulls are comingHello traders and analysts. Key: Purple = weekly Blue = Monthly Orange = Daily grey = 4hour pink = 1 hour See our tracking of XLM or Stellar Lumens The original idea is here for 2021: XLM 4 hour perspective What is happening with XLM? The chart shows us: Maxed out upon a weekly level to our -0.27 Fibonacci zone at $0.42, where a price engineering upon an important zone was necessary to tail off in order to keep the bulls in the market. The Fibonacci low of $0.23 upon this price retraced back to our 61.8% zone and continued to reject higher at the 0.382% as the market is creating higher lows. Zones to watch: $0.28 or 0.34 - a new extension has been made here so price and return to find a strong zone of support. Where is price going now? Looking to match or break the all time high . From here the extension targets are set for profit taking or holding further. Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners through to advanced . KISS - keep it simple stupid. we trade purely from naked charts, less indicators - remove the noise.
COINBASE:XLMUSDLong
by LupaCapital
5
XLM (Stellar- about to blow up - Fractal comparing ADA Cardano -This shows a comparison between XLM and Cardano. These coins have printed very similar patterns over the last three years and in my opinion XLM is about to blow up in the same way ADA just did. The best entry was at 30-40 cents but there is still massive room to grow. If you like my ideas please follow, like and if you're feeling generous donate me a coffee on Ko-Fi Do your own research and remember this is not financial advise.
Long
by JamesVitaly
9