XLM
Final Moments To Catch Stellar Lumens XLM At This SupportHi friends, hope you are well, and welcome to the new update on XLM.
Falling wedge:
On a daily time frame, XLM is bounced from the support of falling wedge pattern with bullish divergence.
Broke out broadening wedge and a re-test:
On a 4-hr time frame, Stellar broke out the resistance of a broadening wedge. Now the priceline is testing the resistance of this wedge as support. There is also a 50 simple moving average support as well.
Tested strong support:
On a weekly time frame, XLM has already tested the $0.18 support and is also likely to form a double bottom as well. Once the priceline will be able to breakout the resistance of the falling wedge
which is formed on a daily time frame then it can reach the big resistance of $0.44.
Conclusion:
If XLM successfully re-tests the resistance of broadening wedge as support and starts a bullish reversal move from here, then there will be a high probability for the breakout from the falling wedge as well.
Stellar Lumens XLM Big Double Bottom With Bullish DivergenceHi friends, hope you are well and welcome to the new update on XLM.
Broadening wedge:
On a 4-hr time frame,XLM has reached the resistance of broadening wedge:
Falling wedge and bullish divergence:
On a daily time frame, Stellar has bounced from the support of a falling wedge. There is also bullish divergence flashed, as the priceline is forming lower low and RSI is setting higher low.
Double bottom formation:
The priceline is also forming a double bottom at $0.18 support.
Conclusion:
If the priceline of XLM breaks out broadening wedge, on a 4-hr time frame, then there will be a high probability for the breakout from the bigger falling wedge pattern.
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
Sometimes just keep it simple 📊I think the chart speaks fore it self.
So will we see a other drop on 20 % ? so fare we are down 13 % from the last top , så only need 7 % and the trend is down ( under MA 200 ) and making lower lows and lower highs , when that been said, the last 14 days the trend have made an 1-2-3 but didnt break the last high and just broke the support at 40,000.
be aware of the 22,02,2022 stay safe.
if your in DEEP red , try to get the best out of it if you aint selling ( lending, stacking, vaults and so on ) so you can get some more coins while riding the down trend.
greeting
marttin
$100k+ ETH Ethereum Very Possible Soon! ETH as well as many other coins are poised for major breakouts. The market is about to explode in my opinion, the previous chart on ETH about the multi year cup and handle is still in play in my opinion and will resolve with a very aggressive impulse wave up to $100K plus. Don't think this is possible? Look at the previous run and the percentage gain from that, its very possible. This is not professional trading advice, just my opinion. Follow me for more updates and leave a comment below and tell me what you think. Thank you
$11 DGB DIGIBYTE POSSIBLE THIS YEAR! MANY INDICATORS POINTING UPDigibyte in my opinion is poised for an extreme upside move that will catch everyone by surprise. I show in the chart many indicators and pivot points from previous cycles with dates and percentage gains. The past doesn't always predict the future but every chart is a beast of its own and has similar movements through out its lifecycle. The same people who don't believe this target are possible probably didn't believe the last run up of multiple thousand percent wasn't possible either. See the chart above and decide for yourself. this is not professional trading advice, just my opinion. Thank you for looking, subscribe for more updates and leave a comment on what you think.
XDC IS POISED FOR MAJOR BREAKOUT! $1.50-$2.00 Target June 2022Many indicators are showing something massive is on the horizon in my opinion. Th ADX DI is super contracted and as we can see in previous runs that by the tightness of the contraction will indicate that a move is imminent soon. The MACD is starting to curl upwards after a super long and extremely oversold correction. Also in play we have a rising broadening wedge which usually resolves to the upside as long as the other conditions are met. Im not an Elliot wave professional but simple Elliot wave analysis on the 5 wave impulse shows we are at or very close to the bottom of wave 4. Wave 5 is usually a vertical impulse wave which is what is next after wave 4 finishes. $2 is very realistic and can happen in the blink of an eye on the final FOMO impulse wave 5. This is just my opinion and not professional trading advice.
XLM could be the trade of a lifetime.If you are in the Crypto world and don't have a bag of XLM, I believe you age going to miss out on a sleeping giant.
the partners of XLM and big brother XRP look like it's out of a crypto fairy tale for the consumer.
We are seeing the only opportunity that I know of in history that the average person gets to get in on the same level as the financial institutions.
Believe it or not, this is happening directly in front of us all. CBDC's are going to happen in a decentralized fashion and the winners of the race already crossed the finish line. We will see the new and improved Quantum Finacial System rolled out in the coming years. A new form of SDR's and it will all be seamless to operate settling payments anywhere on the planet in seconds with On-Demand Liquidity.
bankers are here to stay. Be brave and take the opportunity to get in on the same level as the "big banks'.
fintech of the future is within our grasp.
XLMUSDTTwo different scenarios for the price of #XLM:
Hello Traders
If the Bitcoin price remains in the current stable position and does not lose its value in the following weeks, we can expect a rise in the price of XLM from its current price (0.2$) to 0.60 - 0.7$ in the next 3 months.
However, if the bitcoin loses its value again, the price will go down to the support area that is 0.13$ which can be a good opportunity for long-term investment. See the image below for more details.
STELLAR is on bearish momentum! | 11th Feb 2022Prices are on bearish momentum and abiding to our descending trendline. We see the potential for a dip from our sell entry at 0.24297 in line with 23.6% Fibonacci retracement and 23.6% Fibonacci retracement towards our Take Profit at 0.18815 in line with 78.6% Fibonacci retracement. RSI is at levels where dips previously occurred and prices are trading below our ichimoku cloud resistance, backing our bearish bias.
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Stellar (XLMUSD) SHORT TO $0.07-$0.06 Stellar (XLMUSD) is going through an A-B-C correction. The correction looks like a Zig-zag correction which is a 5-3-5 wave design
Wave A - Went from $0.8 to $0.19
Wave B - Went from $0.19 to $0.44
Wave C - it's a 5 wave series and I think it will end up at $0.07-$0.06 zone before reversal
Stellar (XLMUSD) going to retrace to 88.6% or 94.1% correction TO $0.07-$0.06. We are presently at 78.6% FIB retracement, so the next best points are 88.6% and 94.1% and they are derived by the following formulae:
88.6% price level is derived by squaring (or multiplying by itself) from the Golden Ratio, 0.618:
0.618 x 0.618 = 0.786 (78.6%)
0.786 x 0.786 = 0.886 (88.6%)
0.886 x 0.886 = 0.941 (94.1%)
88.6% retracement price is $0.11
94.1% retracement price is $0.07
I believe Stellar (XLMUSD) will still be shorted and may find the reversal at that 94.1% zone because that's also a junction point where retracement of the whole five-wave series and the extension of the A-B-C meet
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