STELLAR (XLM)A bullish cross of 1D 50MA with 200MA could bring XLM into 0.000006 BTC area. That's the spot where 3D 200 EMA is hanging.
Again, let's see at once how BTC is developing, I think if it rise in 35k area could bring a positive sentiment to the market, even for short time though.
I am stuck with it since Jan therefore I need a bounce. 👆🏻
Best regards everybody.
XLM
Stellar (XLM) formed bullish Gartley for upto 12.50% moveHi dear members, hope you are well and welcome to the new trade setup of XLM .
Previously I shared a long-term trade setup for XLM , which is still in play:
Now on a 4-hr time frame, XLM has almost completed a bullish Gartley pattern. There is also a hidden bullish divergence, as the priceline is forming a higher low and Stochastic is setting a lower low.
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
XLM Can Start to Increase soonXLM is in a Rounded Bottom Right now Which means the Price will Be Increasing Soon. The Price will be Increasing as much as the Measured Price Movement (AB=CD) That means the Price will Reach around 0.1600$. 27% Profit (at least !) Note that we should wait for a break out to happen.
-XLM is in a rounded Bottom
-No break out
-(AB=CD)
-0.16$ is the Target
-27% Profit
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Thank you for seeing idea .
Have a nice day and Good luck
Stellar XLM Bearish SentimentFriday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum .
With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this week.
XLM/USDT short
Entry Range: $0.110 - 120
Price Target 1: $0.098
Price Target 2: $0.0.092
Price Target 3: $0.080
Stop Loss: $0.129
XLM looking upThere is a strong consolidation on the XLM coin. As a rule, before a strong movement. There is a level of $0.11. Below they are not allowed - this speaks of strength. In case of a positive recovery of the general market and fixing the price above the level of the descending wedge that indicated, consider opening a long position. But not at once. Because at such moments, false breakouts very often occur. Now more than ever, risk management is essential!
Stellar XLM Impending Breakout!XLM is one of those assets that has just been beaten down again and again with no real push off of the lows. It's becoming too good of an opportunity for price appreciation and I believe it's primed for a breakout. Beyond some of the technicals I'm showing here there are also numerous fundamental reasons I think Stellar is overdue for some price appreciation.
A close above the 100 day MA would be bullish and likely cause a push up to .12 a close below will likely result in another visit back down into the .10 range. Regardless it's either up soon for XLM or off to new lows. A break and close above .12 on the daily would likely take XLM up to .15 then .17
XLMUSDT 1D The global growth goal is $0.5 per XLMThe XLMUSDT price behaves almost as nicely as the price of "colleagues in the shop" - XRPUSDT
The XLMUSD price is approaching the critical level of $0.12.
Breaking this level up and fixing it above means the official start of a new growth trend.
If Stellar buyers fail to break through the price of $0.12, and the cryptocurrency market continues to be negative, the $0.075 level for buying XLM will be quite relevant
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#Stellar soars 14% in 3 Weeks, will XLM bulls Break $0.12?Past Performance of Stellar
There are flashes of strength in XLM. A notable development is that the coin is outperforming BTC and ETH. For instance, it is up 14 percent from September lows and tracking higher week-to-date versus the USDT. Despite rejections of higher prices on September 21, Stellar's uptrend is still valid. The immediate resistance is at $0.12; buyers may resume formation, targeting $0.135 in the short term.
#Stellar Technical Analysis
The expansion of Stellar prices on the past few trading days is with rising trading volumes. This development is overly bullish and signals buyers' participation. Since prices are firm and buyers appear to be in charge, traders can find loading opportunities on pullbacks above $0.105 and the middle BB. The immediate target, in that case, will be August 2022 highs at around $0.135, as mentioned earlier. On the reverse side, sharp losses confirming bears of September 21 may see XLM contract back to $0.098 in a retest.
What to Expect from #XLM?
XLM buyers are solid; the coin may tick higher with rising volumes as it bottoms up. The immediate support is at $0.105, while resistance lies at $0.12. Any surge above this week's highs may initiate demand, possibly lifting the coin to new multi-week highs at $0.135 or better in the medium term.
Resistance level to watch out for: $0.12
Support level to watch out for: $0.105
Disclaimer: Opinions expressed are not investment advice. Do your research.
XLM | Stellar | The Technical Outlook is Supporting GrowthXLM | Stellar | The Technical Outlook is Supporting Growth
Price is testing the bottom of the pattern for the third time
and thereby creating a potential megaphone pattern.
During the last days, the price increased by about 17%.
A good part of the movement was supported by XRP.
XRP is showing positive developments regarding the lawsuit they have.
This is one of my favorite projects and it should grow further.
Objectives:
🎯 0.15072
🎯 0.17021
🎯 0.23681
Thanks and Good Luck!
XLM PRICE ACTION - Wave C of Wave 2 Now in Progress?As I continue to observe the markets, I see XLM continuing to perform as expected.
I do believe that we will be range bound for a while yet unless a couple of things happen mentioned in this video.
There is no real need to jump the gun in these scenarios...
As long as you continue to track the overall pattern even at the small degree it becomes clear what is likely taking place.
Right now, it appears as though we are simply in a Wave C bounce of the larger Wave 2 correction and the clues signal a potential bounce to around 24 cents.
But only if certain conditions are met.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
$XLMUSDtXLM is currently trading around range low marked on the chart.
My Trigger plan for this is a breakout of the falling resistance and a relaim of the 2021 Low. This would mean a deviation of the 2021 low and would be bullish imo.
My targets are market o the chart are are essentially the Mid range and Range high.
If it dosent break out above the falling res and reclaim the 2021 low then i have no interest.
patience patience is the key here. size it right so it it fails you don't get wiped out or take heavy loss.
#Stellar is down 80% from All-Time Highs; Is the Bear Run Over?Past Performance of Stellar
Stellar is firm, recovering, and up roughly five percent in the past 24 hours. At spot rates, the coin is bouncing from around 2022 lows. Specifically, XLM buyers are building on gains of September 7, rejecting bear calls. Still, despite the welcomed expansion, prices are within a bear formation.
#Stellar Technical Analysis
The August 19 bear candlestick is conspicuous in the daily chart and defines the current trend. Since the wide-ranging bar was printed, XLM prices have maintained a strong downtrend. Presently, prices have found support at around 2022 lows with hints of slowing downsides considering the series of higher highs relative to the lower BB. While bears are firm, the tide may swing to favor XLM buyers if prices close above the 20-day moving average and $0.11. The breakout would signal the end of the 10-month correction; thus, the leg up ought to be with rising trading volumes. If this pans out, XLM may rally towards $0.13. Conversely, sharp losses below July 2022 lows at $0.097 will reaffirm bears, forcing XLM towards $0.069 in a bear continuation pattern.
What to Expect from #XLM?
The coin is down 80 percent from May 2021 highs. After such heavy losses, XLM buyers may find relief if prices expand above $0.11 in alignment with the gains of September 7. However, should bears continue to dig in, XLM could slump to new multi-month lows.
Resistance level to watch out for: $0.11
Support level to watch out for: $0.097
Disclaimer: Opinions expressed are not investment advice. Do your research.