Price Acrion of Stellar (XLM)Stellar lumens 6.1.2021. had the highest value in the last two years. Since then, price movements have formed a triangle pattern. The price broke the pattern formed yesterday at $ 0.267. The price has gone up to $ 0.38 and since than has been on a downward trajectory. The decline stopped on the previous support and resistance line.
It is expected that the price will increase from this value, since the triangle pattern was broken, which was formed more than 20 days ago.
Stellarlumens
XLMUSDT (stellar) XLMUSDT (4H CHART) Technical Analysis Update
Trend line Breakout
XLM/USDT currently trading at $0.27
Buy-level: 0.255 - 0.270
Stop loss: below 0.224
Resisace Level 1(Target 1) : $0.320
Resistance level 2(Target 2) : $0.390
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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XLMUSD another bullish reversal move expectedHey friends, hope you are well, and welcome to the new update on Stellar con.
Descending triangle:
On the small-time period 4-hour chart, the price action of the XLM coin has formed a descending triangle. The priceline is re-testing the support of this triangle and the 200 simple moving average support as well. If the candlesticks will be bounced from here then it can make another attempt to break out the resistance of this pattern or in case of break down the support the priceline can drop to $0.20 level.
Gartley move:
On the two-day time period chart, the price action of Stellar has completed a harmonic bullish Gartley pattern and entered in the potential reversal zone. At the same time, it is also re-testing the exponential moving averages with the time period of 10 and 21 as support. Before this Gartley move, we can observe that the priceline of XLM formed a bullish BAT as well.
Conclusion:
During the current bearish move, the price action has formed another bullish reversal that can start a move to the upside for a short and mid-term.
XLM/USD (My Game Plan with a bit of a ramble attached)I've been watching XLM for a few years now and was fortunate enough to buy back in around $0.05. I said I was going to hold until a buck minimum, but I sold to try to accumulate more coins and lock in profits. Admittedly I rode it down a bit when I should have sold to maximize profits, but some profits are better than none. Anyway, I'm no pro and I've been right some times and wrong at times in the past few years as we all have I'm sure. Due to lack of being a pro, my charts may be crude, I may mistake a bottom where I should start a fib retracement chart (or not flip them upside down at times like I guess I'm supposed to). Regardless, I have put notes in an attempt to "dumb down" my charts and make them easier to understand my mentality and/or thought process.
No one can know for sure what will play out, but from my past few years of obsessing over charts I find the easiest way to predict is simply drawing lines. Maybe there are millions of other ignorant people like me drawing the same lines and that is the only reason it works, but hey, the crap works 99% of the time all the time. I can't predict which point it will bounce or cap out with any true accuracy, but at least it is educated guessing vs just outright gambling. It typically minimizes losses when you can at least ballpark what is likely to happen.
Also, I've seen other people make comments on XLM as well as BTC and other crypto in general about "the news" causing all kinds of price swings. Personally, I don't buy into all that too much. Sure it plays some part in it, but it sure is awfully coincidental that when all these "news events" happen, the price action still follows the same chart patterns largely. It still hits the same supports/resistances etc. Like looking at BTC, which I'm aware this is going on a tangent, you can measure out how many candles per a cycle of a parabolic run up and price increases etc. The gaps are all almost perfectly symmetrical and like damn near to the day on evenness between cycles. So it is hard for me to believe the news made that much of a difference really other than a short term swing for a day or two.
If you like my dumbed down charts and want me to do more with other coins I won't promise I will do them since I've chilled out a bit with the swing trading after learning some lessons a few years back and have been more geared towards longer bigger trades now. (Largely due to cbase charging for every trade now it seems when it used to be free to trade as long as it was limit trades. Now you need bigger swings to make it worth my while which in turn makes it more risky hitting targets)
Sorry for the excessive non-relevant background info, but I imagine others on here have weathered past storms and gained some patience in trading as I have. If nothing else, feel free to bash my charts or thought process. Criticism can fuel further learning.
Disclaimer: Not financial advice, not a professional, this is just me sharing my plan for trading. Follow at your own peril, but I wish you all get your moon shot Lambos.
Happy trading! please leave a like or a comment if you agree or want me to bother with more in the future.
Edit: After posting I see it scrunched up the text etc. Just adjust the plot with the sliders to see more clearly.
STELLAR- Our chart updated chartOur updates Stellar/dollar chart with key support and resistance levels. Right on major support at this time.
Fundamentally, what I like about Stellar is the fact that they are:
a. a non-profit organization (clever..)
b. very close to the IMF and Federal Reserve
Our research has proved that Stellar Lumen technology could be more likely to be used for CBDCs (Central Bank Digital Coins) than any other competitor, simply for the fact that allready they seem to be working closely with (b).
XLMUSD completing bullish Gartley | Upto 108% profit possibilityHi friends, hope you are well and welcome to the new update on Stellar.
On 2-day, the price action of XLM the is completing the final leg of bullish Gartley and soon it will be entered the potential reversal zone. There is also a good support of 50 simple moving average beneath the buying zone.
Possible profit and loss ratio:
This trade has a huge profit possibility up to 108%, and the loss possibility is only 23%.
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.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
Time to make stellar performance again XLM!Looking at the longer term development helps to put the recent price action into perspective. XLMBTC has actually moved back and forth across the old downward sloping trendline that originates from June 2019. That trendline now coincides with a strong support/resistance against which XLM is presently forming an ascending triangle. That can be seen better from the 12h chart below.
Last November there was a tremendeous impuls to the upside all the way to 1200 sats level. After that started a strong correction, while BTC was making a strong move up, taking XLM all the way down to 400 sats level. From that bottom on 3 Jan XLM has recovered to the present level, back to the 840-880 strong S/R zone.
In December XLM broke from that S/R zone downward after creating a descending triangle. Now it is completing an ascending triangle that most often breaks upward. I am holding XLM and buying more if that breakout takes place with a good volume. Tell me what you have concluded based on your research.
Trade safe and take care.
Cheers
Whoop
XLMUSD bullish Gartley flashed at the support of SMAs and EMAsSupport and resistance levels and SMAs:
On daily time frame, the price action of Stellar is moving between the $0.33 to $0.20 support and resistance zone. In the meanwhile priceline of XLM is still moving above simple moving averages with the time period of 25, 50,100 and , 200. At the moment it is re-testing 25 SMA as support.
Daily EMA :
If we take a look at the 21 exponential moving average on daily chart, then the price line of XLM is re-testing this EMA as a support with a powerful bearish candlestick.
Gartley move:
While re-testing the EMA on weekly chart, the price action has also formed a bullish Gartley move.
Conclusion:
On the daily time frame chart, the price action is at the supports of 21 exponential moving average and 25 simple moving average. But the harmonic Gartley pattern is flashed at the right time. This harmonic move can be really very helpful to save these supports and for the continuation of the bullish rally as well.
XLMUSD completing bullish Gartley | Upto 108% profit possibilityHi friends hope you are well and welcome to the new update on Stellar.
On the two-day time period chart, the price action of the XLM is completing the final leg of bullish Gartley and soon it will be entered in the potential reversal zone. There is also 50 SMA support below the PRZ level.
Possible profit and loss ratio:
This trade has a profit possibility of 108%, and the loss possibility is only 22.5%.
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.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
XLM always rewards the patientThe current market situation can be stressful for many as the behavior of btc affects xlm, but for me it is just a shopping opportunity and I will definitely use it. XLM is technology and a great team, ready to operate at the highest level.
🔥 CRDT.io (CRDTpay) it's a quiet project but is developing very well.
Available on HitBtc and many strong exchanges soon
✳️Stellar Lumens/USDT Analysis (22/1) #XLM $XLMXLM will form a Symmetrical Triangle pattern to reinforce the uptrend in February if $0.24 zone holds.
I think February will be a crazy month for XLM when USDC is integrated into Stellar network
📅NEWS
👉Jan 21 : Quarterly Review
👉Feb 28 : USDC on Stellar
📈BUY
-Buy: 0.24-0.25$ if A. SL B
-Buy: 0.305-0.32$ if A. SL B
-Buy: 0.36-0.38$ if A. SL B
📉SELL
-Sell: 0.305-0.32$. SL A
-Sell: 0.36-0.38$. SL A
-Sell: 0.53-0.55$. SL A
♻️BACK-UP
-Sell: 0.24-0.25$ if B. SL A
-Buy: 0.175-0.185$ if A. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
XLMBTC is ready for long-term bull runRe-testing wedge:
XLM with US Dollar pair, after breaking out from the wedge on the weekly chart, the priceline has re-tested the resistance of wedge and support and the long-term breakout has been confirmed.
BULL FLAGE and testing EMA supports:
On the daily chart, the priceline has formed a bull flag and being consolidated. In the meanwhile, the XLM is also testing the EMA 10 and 21 as supports.
SMAs on weekly chart bitcoin market:
With Bitcoin pair, on weekly chart, the priceline of Stellar is breaking out the 50 simple moving average then there will be 100 and 200 SMA resistance levels.
Ichimoku cloud:
On the same weekly chart, with Bitcoin pair, the price action of Stellar is moving under an Ichimoku bearish cloud for a long time. Now the cloud has turned weak and it can breakout the cloud at any time for a powerful bullish rally.
Long-term big harmonic moves:
On long term-two week chart the price action of stellar has formed a bullish Butterfly:
And on 2-month chart, it has formed a big BAT pattern and entered in potential reversal zones of both patterns.
Conclusion:
XLM needs a breakout of weekly 200 SMA and the bearish cloud as soon as possible to start the long-term bull run. The harmonic moves are indicating that the breakout is very much confirmed.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
XLM/USDT longOn Coin market cap their are 100 percent positive indicators showing a strong buy over all. Ethereum Is breaking free from It's intense affinity from BTC. It's position Itself to take over as number one coin by market cap. As Polkadot Is looking to kill ETH knocking It two the number three spot. While ETH just surpassed BTC's market cap briefly for the first time two days ago due to conversion of BTC Into large amounts of wrapped BTC. A negative indicator for BTC. Which was holding back. But right now XLM Is in sync with either even with BTC In the red.
I want to point out that XLM broke out of a beautiful looking pennant on the daily chart today. It is attempting to hold with massive support. I'm watching for confirmation before I buy as It bounces back upwards. RSI on the daily is just out of overclocked territory. With MACD getting tighter after 15 days in the green. On the 4 hour chart MACD is currently opening up, while RSI clocks at ~60. This chart also shows in the past four hour period we broke above the Bollinger bands but only slightly. Which are much wider on the daily chart. It looks like we're very bullish in the next four hours. If market conditions don't switch up causing a reversal this could be quite profitable In a short period of time. Make sure to keep your stop losses tight, and buy after confirmation on the daily chart.
Thank you for checking out my first chart on trading view. I'm growing everyday, and improving. Any constructive criticism will be take with a grain of salt. Hehe just playing I would appreciate all the feedback I can get. Be safe, and let's get It. Sincerely, Ghost
Stellar - XLM - Long term fractal UPDATEDIts moving faster clearly. So here is the update of the repeat fractal. Clearly these repeat fractals are highly speculative. Time frames tend to be different on reality.
Just for pricing reference really. Though I wouldn't be surprised if it did just repeat almost 1:1.
I will be respecting these price targets.
Stellar Lumens XLM Potential 14:1 Setup Stellar is an entire ecosystem with expanding potential.
Here is something I have positioned in for now.
TRADING IS NOT SUITABLE FOR EVERYONE.
If you don't know what you're doing... TRADING CAN CAUSE YOU TO COMPLETE LOSE ALL OF YOUR MONEY.
Even if you "know what you're doing" you can still experience expensive LOSSES and lessons.
You could use a practice account and trade with leverage.
Feel free to follow me on tradingview for more markups.
XLMUSDT (stellar) Wafting for the next Bull Run!XLMUSDT (4h CHART) Technical Analysis Update
Waiting for the resistance zone breakout
XLM/USDT currently trading at $0.300
SHORT Entry level: Above 0.333 (only enter long after 4-hour candle closes above resistance zoner)
STOP LOSS: I will update once I see the breakout
Support level 1 (Target 1) : $0.376
Support level 2 (Target 2) : $0.440
Support level 3 (Target 3): $0.500
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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STELLAR - Our Small ChartOur updated small chart with key points.
Our analysis shows possible rise is likely to happen next.