XLMUSD
Stellar (XLM) - March 7Hello?
Traders, welcome.
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(XLMUSD 1W Chart)
(All: )
If it falls below the 0.16420803 point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
It must move above the 0.23438790 point to turn into an uptrend.
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(XLMBTC 1W chart)
(Full )
You must climb over 0.0000 1288 to get out of the bottom section.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional 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 disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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XLMUSDThere is absolutely nothing on this chart that suggests we cannot break down below the lows, so I do think that Stellar Lumens could very well go looking towards the $0.15 level. On rallies, this is a market that should continue to be sold until we can take out the 50 day EMA above, which is currently sitting at the $0.22 region. As long as we stay below there, it is difficult to imagine getting long of this market anytime soon. In fact, this is a market that looks like it has already entered “crypto winter”, so this may be a situation where if you are a longer-term believer in the project, then you may be able to accumulate a large position over the next several months. As long as monetary policy remains tight, it is going to be difficult for smaller coins to attract a lot of trading capital.
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
ARIASWAVE MARKET UPDATE - XLMUSD\BTC\DOW\EURUSD\GOLD\10YR-YIELDSNot much has changed since the last market update.
The liquidity that has been driving these bubble markets for decades has hit a brick wall with the rise of the 10YR-Bond Yields as the primary guage.
The Fed has no choice but to extinguish this raging inflation by raising rates.
What came first: the chicken or the egg?
Some say that this is politically motivated but I believe this all just human psychology at play.
Nothing lasts forever and there is no such thing as a free lunch and I believe we are about to find out what the real effects of MMT are as we head into the end of this cycle.
An interesting side note is that the Tulip Mania and South Sea bubbles of the 1600s and 1700s both happened during a time when the 10YR Bond Yields were falling to historical all-time lows.
We once again find ourselves in a very similar situation, so how modern is this monetary theory really? Especially when humans keep forgetting the lessons of the past.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
XLM To New HighsHere is a beautiful swing trade opportunity with multiple confluences on XLMUSD.
After stop hunting equal lows on the daily, we can see smart money accumulating orders for a few days and impulsively breaking the range, indicating that they are ready to go long again.
This morning they returned to there accumulation to mitigate orders before going long.
My target is new uncharted territory and the old daily highs, with the ISO20022 protocol, as well as the future of crypto as a whole, this is realistic in my opinion.
You can find reentries based on institutional concepts.
DISCLAIMER
THIS IS NOT FINANCIAL OR INVESTMENT ADVICE AND SHOULD NOT BE INTERPRETED AS SUCH.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Stellar (XLM) - February 10Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XLMUSD 1W Chart)
(All: )
It needs to move above the 0.2926 1600 point to turn into an uptrend.
However, it should move above the 60 SMA level to accelerate the uptrend.
0.4029 3161-0.4479 The 8284 section is expected to receive primary resistance.
Keeping the price above the 0.2343 8790 point is paramount.
However, it may temporarily drop near the 0.1642 0803 point, so careful trading is required.
A decline from the 0.1642 0803 point could lead to below the 0.0777 8453 point.
(1D chart)
Since a volume profile section is formed near the 0.1855 4008 point, it is important to maintain the price above this section.
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(XLMBTC 1W chart)
0.0000 1103-0.0000 1288 or higher: Expected to create a new wave.
You need to make sure you can get out of the bottom section by climbing above the 0.0000 0746 point.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional 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 disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
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
Please like and comment for feedback
XLM, 2 SCENARIOS ARE AVAILABLE...!First, you should see the full view of the XLM then go into the details:
As you see, we are approaching to a very significant area. Basically, we have two different scenarios:
1. Bullish: we should reach the red highlighted zone closed daily candle over it.
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2.Bearish: we need to see a confirmed break from the blue highlighted dynamic support.
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Also, there are some good news coming about Stellar...
I hope to see the 1st phase of my analysis >_-