XLM
XLMUSD has started a parabolic rally to the former HighXLMUSD crossed last week over the 0.382 Fibonacci level and despited the subsequent pull back, it is again rising aggressively today.
The price action is very similar to the previous Cycle. When the price crossed above the 0.382 Fibonacci, it pulled back to the 0.236 and then started a parabolic rally that reached the 0.786 Fibonacci in 6 months.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 0.48000 (Fibonacci 0.786).
Tips:
1. The price just formed a Golden Cross (1d), which is on the previous Cycle was formed right at the start of the Parabolic Rally.
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XLM, Chaos be the man want to see you doing good - SCALPChaos is back, how u guys like that xrp and ftm money
XLM formed a harmonic pattern on the 15 min , we also forming a support level and we have some market maker long positions which he has built. taking a scalp up to resistance(red lines with the percentages) but i will close 0.13900 0.14. any where there. A little 8 percent for my peep
Red candles with arrows are the market maker long positions
#XLM/BTC 1D (Binance) Falling broadening wedge breakout & retestStellar Lumens is pulling back to demand zone where a bounce towards 200EMA would make sense, especially after a morning star.
⚡️⚡️ #XLM/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 12.6%
Current Price:
1) 0.00000317
Entry Targets:
1) 0.00000314
Take-Profit Targets:
1) 0.00000364
Stop Targets:
1) 0.00000289
Published By: @Zblaba
CRYPTOCAP:XLM #XLMBTC #Stellar #Lumens #P2P
Risk/Reward= 1:2
Expected Profit= +15.9%
Possible Loss= -8.0%
www.stellar.org
XRPUSD - LongWell this will be an interesting trade for sure - loads of Fundamental reasons, but... #crypto
I am long, I awaited a little break to the upside - which I see here.
I managed risk by the dollar amount I invested. No Stop at this level as I see insane movements could take me out.
No leverage was used.
I am actually new to stacking crypto assets - what a rabbit hole it is.
HODL - as they say.
XLM Long Entry Trigger!XLM has been selling off since its massive run-up. It currently swept the previous lows and is holding support locally.
I entered a long position here with a stop under the previous lows. Always using risk management.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
Don't trade with what you're not willing to lose. Calculate Your Risk/Reward!
This is not financial advice. This is for educational purposes only.
Inv h&s on XLMUSD points to a .147 - .15 targetYou can see here on the 1 day chart xlmusd has formed an inverse head and shoulder pattern with it only just recently rounding out the 2nd shoulder and returning now back to the neckline. As always I must wait for a breakout confirmation above the neckline and some confirmation from volume before basing my buys off of this but I anticipate it will likely confirm in the not so distant future considering the recent move by coinbase to use stellar for USDC. I’m hoping to get a retracement too before a full breakout above the neckline in which case I will try to wisely piece meal buys on the dip. I have placed an arbitrary dotted measured move line where I think a potential breakout could occur in which case the target is somewhere aroun 14-15 cents. *not financial advice*
XLMUSD Above the 1W MA200 for the first time in more than 1 yearStellar (XLMUSD) hit and broke today above the 1W MA200 (orange trend-line) for the first time since the week of May 02 2022. That's more than 1 year of trading below a key long-term Resistance that is now broken. The 1W MA50 (blue trend-line) has supported this price action for the past 2 weeks.
The time XLM hit the 1W MA200 during the previous Cycle, it failed to close the week above it and had a medium-term pull-back to the safety of the 1W MA50 before it started the final part of the parabolic rally from October 2020 to May 2021. Notice that the 1W RSI then was on the exact same (overbought) level it is today.
As a result, if it fails to close above the 1W MA200, we will wait for a pull-back to buy, preferably as close to the 1W MA50 as possible. If it closes above the 1W MA200 though, we will buy on the market price. In either case, we will target the top (Higher Highs trend-line) of the multi-cycle Triangle pattern at 0.7000.
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XLM Long Idea In the realm of crypto, Stellar claims its throne,
XLM shines bright, a trade strategy to own.
Fibs and channels, a flamboyant affair,
Unleashing gains, with a confident flair.
With parallel channels, we set the stage,
A path to follow, as profits engage.
Fibonacci's charm, in the 0.786 zone,
Where the lower trendline beckons us to own.
Stellar's dance of triumph, a sight to behold,
As it touches that level, a story unfolds.
Outrageous gains, like fireworks ignite,
In this trading game, we'll bask in delight.
So let's embrace the XLM trade,
With strategy and style, we'll make the grade.
Fibs and channels, our guiding light,
As Stellar's potential soars to new heights.
But let's not forget, in this thrilling quest,
To be mindful of risks, and trade with finesse.
With calculated moves and passion in place,
We'll conquer the markets, with grace and embrace.
potential targers
tp1 0.0955
tp2 0.1070
tp3 0.1205
DONT FORGET TO SET SL below 0.074
XLMUSDT pullback to daily support for attempt at monthly resistThe price is currently trading below a confluence of monthly and weekly resistance. It had an attempt to break this resistance a few months back but could not succeed and it fell back to the weekly support again. That support provided the strength and the price bounced again to that confluence of resistance. The price is again facing pull back from that resistance zone MR1+WR1. I believe that pullback will make the price land on daily support DS1 and will bounce from there. I expect the price to attempt at the MR1+WR1 zone again from the bounce from DS1. Lets see if it can break this. In case it does, the next target shall be monthly resistance MR2 which is sitting around 0.197-0.229. The price may struggle for a while around 0.145 on its way to MR2 in case it breaks the MR1 resistance.
XLMUSDTHello Crypto Lovers, This is a 1D frame analysis for XLMUSDT After hitting the second support line, the price had a slight dip but the buying pressure pushed the price back up above the support line. Since then, the price has been able to gain 38% progress. Currently, the price is facing the first resistance line and there is a possibility of a correction if it fails to break above it today. However, if it is able to break above the first resistance line, we expect it to progress towards the second resistance line. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
Litecoin Ready for $600 as per "W" Pattern ?Litecoin Technical Analysis
#Litecoin is currently trading at $85.
As per the chart, I am expecting some upward movement before the #LTC halving, followed by a further downside move.
The maximum upward movement could be $130, while the downside move could reach $50.
A price of $50 would be a great buying opportunity for the long run or the next bull market.
The 3-week chart is showing a "W" pattern, and if this pattern repeats, we could see CRYPTOCAP:LTC reach a high of $500-$600 in the next bull run.
Support Levels:- $50
Resistance Levels:- $100/$130/$214/$275
🔥 XLM Best Multi Year Trade With Massive Reward!This trade is based on the idea that the bear market bottom is in for XLM and that it gradually increase in value until the next bull market top.
As seen on the chart, we can draw a bullish channel on XLM's price chart. The top of the channel is the target, the stop is just below the channel's support.
This trade has a massive risk-reward ratio because it's a long-term trade, think multiple years. If you have the patience, this trade could be something for you!
XLMUSD Buy the next pull back and target 0.11450Stellar / XLMUSD is having the strongest 1day candle since March 21st, which was the bullish break out candle half way of the uptrend leg that peaked at 0.1145 on April 1st.
That sequence pulled back first to the 1day MA50 before completing the end of March rally.
With the 1day RSI deep into the overbought zone, it is highly likely to see a repeat of this scenario.
Buy the next pull back and target 0.11450 (Resistance A).
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Reversal Potential on $XLM: Falling Wedge PatternHello, Traders! Today, I want to share an exciting technical analysis finding on the cryptocurrency Stellar Lumens ( LSE:XLM ). A falling wedge pattern has been identified, indicating the potential for a bullish reversal in the near future. Let's dive into the details!
📈 Ticker: LSE:XLM
📅 Timeframe: Daily Chart
📊 Pattern: Falling Wedge
📉 Understanding the Falling Wedge Pattern:
A falling wedge is a bullish chart pattern characterized by converging trendlines that slope downward. Typically formed during a downtrend, it suggests diminishing selling pressure and the potential for a reversal. This pattern indicates the possibility of an upward price movement.
🔍 Identifying the Falling Wedge on LSE:XLM :
Upon analyzing the daily chart of LSE:XLM , the following observations come to light:
1️⃣ Recent downtrend: LSE:XLM has experienced a decline in price over the past weeks.
2️⃣ Converging trendlines: The upper trendline connects the lower highs, while the lower trendline connects the lower lows.
3️⃣ Decreasing trading volume: As the falling wedge pattern forms, the trading volume has been declining, indicating a potential reduction in selling pressure.
📈 Price Targets and Trading Strategy:
If the falling wedge pattern on LSE:XLM plays out as anticipated, a potential bullish breakout above the upper trendline may occur, leading to a reversal and potential price appreciation. Consider the following price targets:
1️⃣ Target 1: Resistance level near $0.40
2️⃣ Target 2: Psychological resistance near $0.50
🛡️ Risk Management:
Managing risk is crucial for successful trading. Implement the following risk management techniques:
1️⃣ Set a stop-loss order below the lower trendline to protect against unexpected price movements.
2️⃣ Adjust position size based on your risk tolerance and overall portfolio management strategy.
🔔 Conclusion:
Keep a close eye on Stellar Lumens ( LSE:XLM ) as it develops this falling wedge pattern. The pattern suggests the potential for a bullish reversal on the horizon. However, please note that technical analysis is not infallible, and market conditions can change rapidly. Combine this analysis with other relevant factors before making any trading decisions.
Disclaimer: This post is for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a qualified financial professional before making any investment decisions.
Happy Trading! 📈💰
#tradingview #technicalanalysis #fallingwedge #bullishreversal #xlm #cryptocurrency #chartpatterns #tradingstrategies #investing #finance #marketanalysis
XLMUSDT (Stellar) time to buy long-termOn the daily chart, XLMUSDT still sits on the 61.8% Fibonacci retracement support. We can clearly see higher highs and higher lows pattern, indicating the validity of a long-term uptrend.
The price for buyers is looking attractive, especially after the most recent price drop.