XLMUSD
XLM - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
XLM is approaching a strong support in green so we will be looking for buy setups.
on H4: XLM is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Another scenario would be if the bulls take over from here by breaking above the current high. (projection in blue)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, XLM would be overall bearish can still trade lower till the lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XLM's Break out will Determine The Trend Soon.Hello every one
STELLAR / TETHERUS
XLM is In a Symmetrical Triangle. The Pattern Has not Been Broken By The Price Yet. Depending on The Incoming Break out, We can Expect The Price to move Upward or Downward as Much as The Measured Price Movement (AB=CD) The Incoming Break out will Determine The Trend For XLM. The Support & Resistance are Shown in The Picture.
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
XLM CUP(date) ON THE HANDLE - THE NEW(est) ANGLEXLM CUP(date) ON THE HANDLE - THE NEW(est) ANGLE
An update to my CUP & HANDLE ideas for XLM
These are just my angles on the pattern...
By no means the final survey
Sorry to spam the idea so much, i mess up alot before posting... i think i handle arc right now..jeesh
XLM long term target for bullsXLMUSD analysis based on fib levels.
We expect XLM to hit 2 $ in 2022.
However, if the price breaks below critical support, it may get ugly for bulls.
XLM is one of those coins that didn´t do much in comparison to new coins such as Solana, AVAX, CRV and many more.
We believe that older coins such as XLM , BCH , EOS, XRP will shine soon. They say: Every dog has its day.
XLM bright days are coming
Good luck
Drop a comment if you find this analysis useful
No financial advice!
Stellar $XLM is bullish $STELLAR broke through the local resistance level which is now turned into support S1 and broke the descending trendline. Bullish movement is expected to continue and reach the resistance level R1, after the breakout through the R1, movement to R2 is expected to happen. In case of R2 level also broken, bullish movementum will likely reach the final target R3 at 0,44$
Stop loss should be located under the support level S1
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 - BUY HERE 🚀Stellar is fast approaching a critical level where its very likely we'll bounce from. The 0.20 level is where we bounced off from once before and it looks like we may be bouncing from there again - highly likely.
The unlikely scenario is that we visit the -0.27 fibonacci, which is practically 0 therefore making it unlikely.
Trade Idea:
- Watch for bullish price action at the 0.20 level where we have the completion of the ABC correction
- Enter with stops below price rejection
- Targets: 0.420 - 0.800 - actively manage the rest
Let us know your thoughts!
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
XLM interesting area for buyers if you are XLM fan and potential buyer, patient is the key in crypto world. As you know alts are depend on btc movement, these days btc is in downtrend so becareful on your alts entries.
all of this scenario depend on btc, but I would not buy anything unless we break new monthly low.
buy targets are:
25c
19c