One good trade⚡️Good day starts with a good trade, folks🔥
There is one more Flag formation on XLM / BTC crypto pair.
The price was in a slight bullish trend begore entering into consolidation.
Multiple times it bounced from support and resistance zones.
Bullish impulse is expected after breaking resistance zone .
So follow the chart and look for the breakout carefully.
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Xlmbtc
Stellar (XLM) - April 14Hello?
Dear traders, nice to meet you.
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(XLMUSD 1W chart)
(1D chart)
We have to see if we can get support at 0.64941588 and rise above 0.7265838.
If it falls, we need to make sure we get support at 0.61239400.
In particular, it remains to be seen if it can rise along the uptrend line.
If you fall at the point of 0.49507488, you need a short stop loss.
The next volatility period is around April 24th.
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(XLMBTC 1W chart)
(1D chart)
We have to see if we can get support at the 1029 Satoshi point and climb above the 1130 Satoshi point.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Stellar (XLM) Breaking Above ResistanceWe have a clear higher low for Stellar (XLMBTC) on the chart below and we are now seeing prices move above resistance:
This is the higher low.
Today, XLMBTC breaks above MA200, EMA300/200/100/50, all in one candle.
This signal is only confirmed when the daily candle closes above the EMA300 gray line at 0.00000792.
Closing above this level will easily lead to higher prices.
We also have bullish indicators.
Disclaimer: I bought big on XLMBTC.
This is not financial advice.
Namaste.
XLM/BTC 60% profit and still more rooms for upward#XLM/BTC Profit Update:-
#XLM now trading at 1046 Satoshi and went upto 1098 Satoshi.
As I told you last post it will hit 1000 Satoshi.
Now 60% pure profit.
Hope you very happy with my analysis.
Entry:- 690 Satoshi ✅
TP1:- 794 Satoshi ✅
TP2:- 878 Satoshi ✅
TP3:- 993 Satoshi ✅
I am adding more TPs
TP4:- 1250 satoshi
TP5:- 1550 Satoshi
But Please book some profit here and Hold only profit.
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Thank you.
XLM/USDT now 50% profit and my next Target is $1#XLM/USDT TA Update:-
$XLM currently trading at All Time High.
$0.62
And also trading above resistance level so now Resistance became support .
We are now in Huge profit.
Entry was :- $0.4
Targets:-
TP1:- $0.416 ✅
TP2:- $0.425 ✅
TP3:- $0.435 ✅
TP4:- $0.5 ✅
TP5:- $0.6 ✅
New TPs if still you holding.
TP6:- $1
TP7:- $1.5
🚨:- Now you can book some profit and sell your principal amount and hold only profit.
Support:- $0.54/$0.46/$0.39
Resistance:- No resistance ( Moon )
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Stellar Breakout is not far away!Hello Crypto Traders, This is the first trading idea i ever published so i would love to get some comments and thoughts,
As we see here XLM is moving in limited range inside the triangle in the last couple of days and not really acting like the rest in this magnificient bull run,
Buyers managed to get higher resistance line every up we've been through, its a matter of time and patience till we get the Strong up move we hoped for and i believe the breakout will happen in the next couple of days.
i already filled my bags, how about you?
This is not a financial advice
Please do not trade with money you cannot afford to lose.
Good luck♥