Xlmbuy
Stellar Lumens XLM formed a bullish Gartley for upto 27.50% pumpHi dear friends, hope you are well, and welcome to the new update on Badger DAO with US Dollar pair.
In the below previous idea after breaking down the potential reversal zone the price line recovered soon and started the rally:
But this time we have strong support at $0.10, therefore, in my opinion, this time there are fewer chances for the breakdown.
Now on a daily time frame, XLM has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
XLM LONG POSITION SHORT TERMWe just bounced off of a strong demand zone, XLM has a strong correlation with XRP and since XRP is rising we are expected to see XLM rise as well, Our targets are at liquidation zones that market made by going down.
Indicators:
AROON: Already is showing strong bullish momentum
EMA: We just crossed 50 EMA zone that shows bullish momentum
Bollinger bands: We bounced off of a bottom Bollinger band.
Entry: 0.206510
Invalidation: 0.160401
Target 1: 0.257
Target 2: 0.3064
STELLAR : Head to the STARS!!Greeting from IRAN to whole trading community 💙✔
Stellar is moving through a ascending channel since early 2021
Stellar has achieved to make a new ATH in 14th April
After that price has dropped below Mid-line channel
After about 3 weeks of time and price retracement , Stellar has acheived to breakout mid-line of channel
So higher targets would available now , maybe new ATH is on the way
OP : 0.62$
TP1 : 0.68$
SL : 0.59$
ROR : 3.5
KEEP IT SIMPLE :)
$XLM Definitely Still Looking for It's Support. Decision? Accum!I'm placing one of my biggest bets among the other few on this alternative coin.
I believe we're just really on the beginning of the development and Stellar Lumens has one of the progress so far.
Well. that's me. You do you!
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XLMBTC (Stellar Lumen) 4hr tf analysisPrice swing from ~0.00005613 on January 26,2018 to ~0.00002311 on March 18,2018 indicates the completion of Minor wave 1, Minor wave 2 and Minor wave 3. XLMBTC (Stellar Lumen) is currently in a Minor wave 4 position.
The 38.2% and 50% retracement (target area) of Minor wave 3 by Minor wave 4 is used in this analysis as the possible termination region for Minor wave 4. Target area is therefore between 0.00003238 and 0.00003525.
Point of invalidation (POI) for this analysis is a price close above ~0.00003872 (POI is placed just above the 61.8% retracement of Minor wave 3 by Minor wave 4).
The use of price “swing” by the author is simply to refer to a general trend for price action. Price swing is therefore not implied to be an actionary or reactionary Elliott wave.