XLM Trade SetupMarket has been green over the past three days ! so good to see these kind of rallies after a long time.
Moving to the XLM chart ! here's the thing, the pattern you are looking in the above chart is known as cup and handle pattern. As we all know BTC had broken
it's range high in which it had been traded from the past 28 days, adding to this XLM had broken this cup and handle pattern and coming back to retest the breakout area.
Here's what i think, my final target calling is 11% up from hereon therefore target price falls under $0.119 to $0.123, when can you enter the trade? Ofc you can enter right now as it is trading at the local support but one thing to keep in mind is observe the volume if not you can wait for it to come towards the breakout zone, but make decisions accordingly and also not to mention that my stoploss is below the breakout area, i hope you know trade management so that if the breakout fails you can cut your losses.
Note : Anything provided here is not a financial advice, trade upon your own risk.
XLM
The direction of price movement will be towards lower support!Hello to all members of TradingView and my followers.
XLM experienced a price drop last week. Since the main trend in the daily time frame is bearish, the price has negatively reacted to the resistance range of 0.12 to 0.13 dollars. On the other hand, the downward movement and selling pressure has brought the price to the previous floor. Therefore, if the reaction to the support range of 0.100 to 0.105 dollars is observed, we expect to see the return of the price and the continuation of the range trend in the range of the current support and resistance of 0.15 to 0.16 dollars.
Also, if we see another drop in the market, the price will be expected to hit the support floor of the $0.087 range. For this month, as long as the price is below the $0.12 level, the direction of price movement will be towards lower support.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
XLM has continued its range trend in the support rangeHello to all members of TradingView and my followers.
During the last week, XLM has continued its range trend in the support range of $0.11 to $0.10. The price is still in an overall downtrend, and even the midline of the descending channel is still acting as resistance. Unlike other currencies in the market, Stellar made a lower bottom again last week. Still, the previous bottoms were temporarily broken, and the candles returned above this support area. The 4-hour time frame shows that the resistance drawn on the chart is in the range of $0.123 to $0.127 until it becomes support. In the best case, if the support of $0.10 is maintained, the range trend can continue.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
XLM BROKE INTO NEW TRADING RANGE!! XLM just did a S/R flip and since it is trading above resistance, i can see a strong pump coming. Manage your risk and this can be a fruitful LONG! Lets just hope btc doesnt dump....
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. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
#Stellar #XLM #Cryptocurrency daily logarithmic time-frame:
A triangle formed with lower highs and and same level lows known as support area.
meanwhile with eye on 4h time-frame, If today's price candle closes under the support area go for short with 0.12 as Stop loss and 0.067 as first TP. Trail the second TP, if there is!
BTCUSDT - read to people with IQ over 100🧠
To begin with, you don’t see all this, because you rested on your indicators, on the thoughts of opinion leaders who themselves don’t really understand anything about trading and earn only on you.
On this platform, I have a lot of ideas related to numbers, check them out. It is very important for me that you guess what these or those values mean.
Try to simply see how many references to 33 leave Elon Musk and NASA, even every launch and spacewalk of an astronaut is accompanied by an impulse in one direction or another on the chart not only of BTC but also of the stock market. All this can be analyzed because it is all done for the sake of profit and the direction of the process in the right direction.
Let's start with what does 33/13 mean? This number means a new beginning, the start of something new - numerology is not a stereotyped understanding that was imposed on you so that you are not specifically interested in it, namely, from the mathematical side of Gann, Fibonacci is all numerology, all great mathematicians were numerologists, but some then the dudes who sell their courses talk about how it's all nonsense. All numbers have certain meanings that were created by ancient civilizations such as Maya.
You are wrong, the author, maybe you can add the Sumerians here?
I will attribute all astronomy, calendars, star maps, how many days in a year and hours in a day were studied thousands and thousands of years ago.
I also pointed out many examples of practicing the number 14 - directing energy towards resistance or support, balance. Which brought a large% profit, just trading from the levels that were formed by large players in the order book or there were marks on the chart. How 888 means the price goes in the opposite direction by a step more than 2%, which you can easily pick up with a stop of 0.4%, but you don’t see it. Open your eyes, wake up and for God's sake stop reading and listening to the opinions of those who direct the crowd, because that's how they cut you like hamsters.
in plotting I used arc system and degree system, you can find all the information on this great platform. The bottom line is to take trend lines and draw lines along them using cycles in parallel. In general, you can see this on the chart.
a similar system can be applied to any liquid instrument such as the stock market, raw materials, gold, metals, indices, currency pairs, etc. Even on low-liquid shieldcoins. Depends on your imagination and understanding of the process.
Notice how cycle 333 indicates the next BTC low or high. Subscribe here a lot of interesting things, like the idea
XLM 25% or 50% Gain Bullish Set-Up!XLM is at major support and right now is looking like a perfect place to enter a long position! You can enter now or wait for the diagonal line to be broken and retested to enter a long position. If both targets are hit 50% gain incoming.
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. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
XLM | Stellar Close To The Support AgainXLM | Stellar Close To The Support Again
When the price reached 0.11789 price area it looked like the price was going to increase
faster.
For the time being the price made a fast movement by deleting all the profits.
Now it looks like the perfect time that we can buy again.
The first target will be our previous support area where the price changed
the direction during the previous time.
XLM/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
The bottom looks like it's in. I can still see another leg down tho (C) wave shows another leg down to 0.05 area. This scenario is not likely to come, but never say never.
How I would trade this: Buying now and adding on the way down if it goes. We call this method laddering down or dollar cost averaging.
Once again, not financial advice.
Risk/Reward: 17.5
People say never go in on trades if RR ratio is not around 3...
This is huge.
Stellar 100% Potential Mid-Term (Weekly Timeframe)We have strong signals coming out of this chart in favor of the bulls, let's look at those.
This is XLMBTC (Stellar) on the weekly timeframe; aka. Long-term.
First, notice the broken downtrend-line.
This trendline marked a bearish trend that lasted more than a year.
This bearish trend has been broken.
Second, we have a long-term higher low, since December 2020.
1.5 Years and the old support wasn't even tested, this is a strong signal in favor of the bulls.
Trading volume continues to increase week after week.
Above 9-May's low (0.00000391), we are strongly bullish and expect additional growth.
Below this level, we stop any trading at a loss.
Namaste.
#Stellar Lumens Bearish, XLM Primary Support at $0.10Past Performance of Stellar Lumens
Like the rest of the crypto market, Stellar Lumens remains within a bear trend. Despite recent gains, there are clear lower lows in the daily chart. At spot rates, XLM is down roughly five percent as bears reverse last week's gains.
#Stellar Lumens Technical Analysis
The XLM coin is bearish at spot rates, with upsides limited at $0.13, last week's highs. Notably, prices are below the June 23 and 24 trade range with rising trading volumes over the past few days suggesting increasing liquidation pressure. Still, XLM bulls are optimistic about recovery if prices are above $0.10, June's 2022 lows. Risk-averse traders can wait for a clean, high volume breakout above $0.13 to load on dips targeting $0.15. Conversely, deep losses below $0.10 may see XLM slide deeper towards $0.09, a February 2020 reaction point.
What to Expect from #XLM?
At spot rates, XLM is retesting Q3 2022 highs, and price action is skewed for sellers. If bears take charge, further losses below $0.10 may see the coin slip to print multi-month lows.
Resistance level to watch out for: $0.13
Support level to watch out for: $0.10
Disclaimer: Opinions expressed are not investment advice. Do your research.
XLM TO $0.03 (£0.025)- XLM is in a downtrend as you can see.
- It will most likely reach £0.025
- The first target where I will personally take some small profits is at the 4.618 level at $4 (£3.30) - 132 X RETURN
- MY second target would be around $30 (£24) - 960 x RETURN
- So if you was to invest £1,000 at £0.025 you could turn that into £132,000
- If you was to invest £1,000 at £0.0.25 you could turn that into £960,000 this could take around 5-8 years!
- NOT FINANCIAL ADVICE!!!
Interesting setup for StellarHere's an interesting setup for Stellar if it plays out. I don't expect this to work out given the headwinds all markets are seeing right now, but if stellar holds this line as support, it would potentially mean a big swing to the upside (7X back to the top). Invalidated if it breaks below.
Stellar vs Tether Long-Term (538% To All-Time High)Hello my fellow cryptocurrency trader, let's look at Stellar today long-term.
First, let's review the past...
Stellar vs Tether, XLMUSDT, went through a very strong bull market from March 2020 to May 2021.
Through this date, XLMUSDT went to print a massive 2965% of growth.
That is from the March 2020 All-Time Low/bottom, to the May 2021 All-Time High.
After the ATH, we've had over 400 days of bear market/correction.
Last week XLMUSDT closed with a reversal candle and a new multi-year low.
Hitting its lowest level since November 2020.
With the RSI oversold; sitting at its lowest ever since 2018, we can expect a reversal to start taking place and a bullish wave to come next.
We are mapping 125% short-term.
Over 535% long-term to the All-Time High.
And much more on the next Altcoins market bull-run.
Namaste.
XLMUSDT TECHNICAL ANALYSIS The Stellar Development Foundation (SDF) has launched a $30 million matching fund for early-stage companies building on the Stellar blockchain.
The fund is a branch of SDF's Enterprise Fund, the firm's venture arm investing in startups within the Stellar ecosystem. It plans to match investments up to $500,000 from the lead funding source. The idea is to boost funding to early-stage companies in jurisdictions that could benefit from blockchain-powered solutions.
"The Stellar ecosystem is working to address challenges like inflation, affordable remittances, and the high cost of capital — and we’re investing in solutions to these problems through the Matching Fund," said Senior Director of Investments Andrea Lo in a statement. (March 15th, 2022)
This was the fundamental analysis. How about technical analysis?
Stellar has been lost value approximately 90% since May 2021. Is it time to buy?
We have received BUY 2 signals from our robo advisor @EngineeringRobo and our Risk/Reward Ratio is 1. The candle already breakout down trendline and if current candle open close above to down trendline, it may an opportunity for buy. MA 20&50 hasn’t changed direction yet in daily time frame. When MA 20&50 change direction, we will have one more opportunity to for buy. Also, If candles breakout MA 50 line and next candle open close above to MA 50 line, it will be another opportunity for buy.
Let’s follow our chart together and don’t forget to follow me.
“NFA”
XLMUSD - 1W - Wait for the end of this falling wedgeHi guys,
on the weelky timeframe we can notice Stellar (XLM) is in a giant falling wedge pattern. This is usually a pattern leading to an upside move.
We can't ignore the red path as bitcoin and macro are not at their best at the moment. Bitcoin still on the edge of further downside.
However, if things can get better for crypto, we can imagine (and pray) for the green path.
then first target would be the 0,47$ (strong resistance and ichimoku level on the monthly / daily)
then second target is the top of the falling wedge which is also the previous ATH (weekly close) at 0,70$.
This could form a giant cup and handle. If and only if we have a strong break to the upside with a strong candle close :)
if this cup and handle is confirmed the targets will be awesome.
But dont get excited too quickly there are still many targets to achieve first.
If you agree, please feel free to like this idea :)
Bye guys
NFA
Stellar Goes Bullish Long-Term (100% to 190% Potential Targets) Notice the blue down-trendline on this pair, XLMBTC.
We can see prices moving above this trendline this week, breaking a major downtrend.
We have a long-term higher low (since December 2020).
A very strong RSI (55-Weekly).
The MACD going bullish.
We can also appreciate prices moving above EMA10 and EMA50.
The blue square at the bottom is our support.
This is where we set our stop-loss.
More details on the chart (targets).
Namaste.
XLMUSD is about to pop after hitting absorptionTesting out some new things and Wanted to document this. I think by the end of the blue line at the bottom price should pop signifying it has hit absorption. Pull back into 7 for the final dip into liquidity and then pop again right at the vertical line after 7. This will be its move out side of this box it has created with the price action and the move for profits.
by iCantw84it
05.28.22