XLM/USD - Another attempt at resistance. PAMP to follow? 🤗XLM is getting ready to try another break of the resistance at 42 cents.
If this is successful, XLM can enter a nice rally to take us much higher and hopefully back towards the all time high at $0.92.
The lower timeframe indicators are bullish and a retest is imminent, if that translates into bullishness on higher timeframes like daily, then XLM can run!
XLM has also formed a nice ascending triangle in blue which is a bullish formation most of the time, particularly in a bullish market. :)
Bias --- BULLISH. :D
We should break away from this triangle eventually. Stay tuned!
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XLMUSD
XLMUSD D1: 100% gains BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
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XLMUSD D1: 100% gains BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
READ ENTIRE IDEA BEFORE EXECUTING.
🔸 Summary and potential trade setup
::: XLMUSD daily/candle chart review
::: strong chart/ bullish outlook
::: BUY LOW after pullback from
::: mirror S/R near 20-25c
::: updated outlook still valid today
::: noteworthy compression in progress
::: expecting one final DIP/pullback
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: BUY LOW near my level
::: entry - after 30% CORRECTION
::: up to 100% gains possible later
::: short-term pullback/correction
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +100% gains
::: details: see chart
::: FINAL TP is 55/60cents
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +100% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/50cents
::: Sentiment short-term: PULLBACK/CORRECTION SOON
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Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Stellar- Ready for 0.6?After a short spike above resistance, Stellar reversed and now is consolidating in a tight range.
However, the price action since the beginning of October is very constructive and bullish and I expect a new and sustained leg up to at least 0.6 by year's end.
A drop under 0.3 would negate this bullish outlook
XLM: A Cryptocurrency in search of a bullish trendThe Stellar Lumen XLM is a very intriguing cryptocurrency. Last week, it announced a collaboration with flutterwave. In the last few weeks, it appears to be waking up; it is not currently in the limelight, but it is quickly approaching the resistance level at 0.40, which might lead to an upside breakout.
In my opinion, it has limitless potential owing to its high speed and low cost. XLM's price is significantly lower than that of other options with a much higher market capitalization.
XLM certainly suffered market jitters after the SEC's intervention on Ripple, but its fate is quite different.
XLM is a non-profit organization that has important partners such as IBM and will be utilized to facilitate micro payments between Europe and Africa at very low rates. That's why Flutterwave was chosen.
Flutterwave is a Bay Area-based fintech firm that develops a payment system for multinational businesses and payments providers on the continent. The headquarters are in San Francisco, California, with offices in Nigeria, Kenya, Ghana, South Africa, and Seven More African Nations among other nations.
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🟡XLM can Increase soon.Hi every one
STELLAR / TETHERUS
XLM has formed an Ascending Triangle. This Bullish Pattern is gonna Increase the Price of This Currency as much as the measured Price movement! since this pattern is a Triangle,It's Gonna Be AB=CD. But there is no break out yet so we must wait a little.
⚪Summery:
-XLM is in an ascending Triangle
-(AB=CD)
-No break out yet!
💎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/USD - Attempting to break above $0.40! Break it and it runs!Stellar had a protocol update in early November bringing Automated Market Makers and liquidity providers on the XLM ecosystem...
Have you heard of Uniswap and Sushiswap decentralized exchanges on ETH network? This is the same, only better.
XLM network is faster (almost instant) and much cheaper to swap/transact (almost free) which will attract a lot of liquidity providers... why swap ETH/BTC and other coins on Uniswap and pay $100-$200 to do so per swap when you can do it on XLM using StellarX decentralized exchange for 1 cent?
This is even better than BNB based decentralized exchanges...
In any event, this fundamental news is bullish for XLM because... any new liquidity/volume on XLM network will put buying pressure on Stellar. If it can capture market share from UNI, SUSHI and BNB/ETH decentralized exchanges... it's gonna rocket.
Plus, the technical indicators are very bullish. I totally see XLM hitting $1 once we break above $0.40 resistance.
Not a bad entry to get in during a breakout above the ascending triangle or to buy support.
Bias, mega bullish...
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XLMUSD - The Bearish Scenario Returns - Wave\Trend Analysis.In this video I outline some reasons why XLM may still be in the initial corrective phase which started in May.
Firstly the waves indicate that the correction since June is against the dominate trend.
Secondly the attempts at moving higher seem weak, sluggish and keep being rejected.
Playing devils advocate when everything seems bullish is a good way to keep you grounded.
We still need to see further confirmation.
More to come...
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.
XRP: EVEN GARY GENSLER CANT STOP THIS PUMP!This thing has been inactive for far too long! Thanks gary gensler! Nah, but on a serious note: price has been respecting fib levels and we can see a nice larger timeframe cup and handle formation with a recent head and shoulders that I marked on the chart. Want to see a 2 day candle close (high volume / bb breakout) past this 0.5 fib level that price has been struggling with to confirm our entry signal. Expecting price to play within fib levels before breaking recent high up to the 1.618 fib extension which correlates with a 2018 area of importance
Stellar (XLM) - November 10Hello?
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(XLMUSD 1W Chart) - Medium to Long-Term Perspective
Above 0.16420803 point: expected to continue uptrend
(1D chart)
First resistance section: 0.44131920-0.49247502
Second resistance section: near the 0.64594249 point
First support section: near point 0.33900755
Second support section: 0.18554008-0.23669590
To break above the first resistance level, we need to see if we can sustain the price above the 0.42952236 point.
If the price holds above the 0.51004846 point, the uptrend is expected to accelerate.
If it goes down, you should see support above the 0.37193428-0.40293161 zone.
It is expected that the trend will be created by moving out of the 0.27220347-0.42952236 section, so you need to think about countermeasures.
The next volatility period is around November 19th.
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(XLMBTC 1W chart)
Above 746 Satoshi Branch: Imagination Trend Reversal Expected
1103 Satoshi - 1288 Satoshi or more: Expected to create a new wave.
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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 it is in an uptrend or in a downtrend, 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 regenerate themselves.
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** 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 the sake of 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 yet been released.
(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.)
XLM H&S formation 1DKUCOIN:XLMUSDT Personally I was looking to add more in lower prices but now we can see a nice bullish pattern is forming after a breakout of the previous downtrend . Once the price successfully break this neckline we can say the first buy signal has been confirmed. As can be seen, increase in volume should not be over looked in the right shoulder. We can also wait for a pullback in the say time frame to trigger another trade. current dynamic support can also be helpful to consider possible support zone.
Looking to 100x?Start stashing Stellar if you haven't already begun to do so. We've tested the resistance point at 0.7 and once we breakthrough that resistance, we will be flying up to the $35 zone to test the next resistance. Definitely a must have crypto for anyone looking forward to banking x100!