XLM
This Is Why Jan 2022 Will Be Bullish For Stellar Lumens XLMHi friends, hope you are well, and welcome to the new update on Stellar ( XLM )
Big wedge:
On weekly, after getting bounced by 100 simple moving average XLM is still struggling to re-enter the big wedge. The stochastic is also indicating that the market of Stellar is oversold.
4hr channel:
Recently on 4-hr priceline has broken out a down channel.
Daily breakout and accumulation:
On daily time frame, priceline is still accumulating above the $0.255 support after breaking out the channel. There is also a bullish divergence flashed on the daily time frame. Therefore soon another move towards the upside is expected
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BTC'$ Bullish analysis As you can see in this picture I show that Btc has a Bullish trend and it can start to rise quickly right after the 5th of January but if it breaks the resistances at the bottom then yeah you know what I mean.... but I personally dont think that will happen because of btcs bull cycles which technically indicate that 2022 is also a big year for crypto especially since more people are getting attracted to owning a crypto coin and making money which was a thing before investing, so now we have new money coming in which leads to a higher crypto market cap, but anyways load up on your BTC ETHEREUM DOGECOIN XLM XRP SAND SHIBA UNI DOGELON MARS AND LAST BUT NOT LEAST MY LOWKEY FAVORITE ETH3S
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Stellar Lumens XLM Is Re-Entering The Big WedgeBullish divergence and EMA:
On a weekly time frame, after accumulating above strong support of $0.255 the priceline has moved up. Now XLM is re-testing the EMA 21 after breaking it out and there is also bullish divergence flashed, as the priceline is forming lower high, but the RSI has formed higher high.
Re-entering the wedge:
On a weekly time frame the priceline is bounced by weekly 100 SMA support and trying to re-enter the big wedge.
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
RSR looking very bullishRSR CHART: On this weekly chart you can see
that there is a Hidden Bullish divergence set
up, along with most of the Market.
When Price has a higher low and
RSI has a lower low,
Thats HIDDEN BULLISH DIVERGENCE.
I loaded in the green circle at the
bottom of the wick. I believe we will see another
breakout past the $.12 mark...do the math.
Stellar Wedge Breakout / Wait For Retest / H4Falling Wedge so 75% chance of bull BO.
Bulls got out of this WG and BO from upside so always in long.
I'm waiting for retest of broken wedge to get long.
But remember to check the crypto market sentiment + BTC chart before buying anything.
Possible Targets for bulls can be 0.3 ( Beginning of WG ).
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
Stellar Lumens XLM Final Hours To Break The TriangleHey friends, hope you are well and welcome to the new update on Stellar ( XLM )
XLM broke down the wedge:
On the weekly time frame, XLM has broken down a big wedge but the positive thing is that the stochastic has entered the oversold zone which is indicating that the market of Stellar is oversold now.
Another support:
On the daily time frame the XLM has found nice support at $0.255 and also likely to form a double bottom on this support.
Formation of a channel and triangle:
On daily time frame the priceline has formed a down channel and after some accumulation Stellar has also formed a descending triangle as well. The movement is squeezed, therefore, soon the priceline can break this triangle.s
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
XLMUSD: Long Trade From Key Level
This morning we spotted a great long trading opportunity on XLM coin with my students.
The market dropped to key daily structure support.
On that, the price formed a double bottom formation and broke and closed above the resistance line of a falling wedge pattern.
Now we see its retest.
I expect a bullish move to 0.306
❤️Please, support this idea with like and comment!❤️
Stellar flag pattern breakoutEasiest long of my life, blue lines are a flag pattern, I will be using this for my conviction, if we form a lower low and breakout of the corrective channel then I will be bearish (red) otherwise my thesis is bullish (green) using green resist as support would be #1 for bulls