XLM (Stellar) is looking very good in the short, and long term!XLM is creating a very nice-looking chart and could be preparing to appreciate significantly in the coming months or years. The longer-term aspect clearly shows that it’s trading towards the bottom of the current range and could be a very good buy at or below current levels.
Good luck, and always use a stop loss!
XLMUSDC
XLM: 2 to 1 REWARD VS. RISK, MULTI-TEIRED 30X TRADE SETUP. XLM is currently forming a nice handle in the 'Cup in a Cup' Cup & Handle pattern that I've identified. Now that the price action is near the lower trend line of the larger cup's handle, I'm comfortable putting on this trade setup.
Good luck!
Don't follow my trades; come up with your own. Don't be a follower; be a trailblazer!
XLM is exhibiting an extremely rare CUP WITHIN A CUP PATTERN!XLM has recently had an incredible run, breaking out of the current Cup & Handle pattern that I identified and showed to my followers. XLM has always closely followed XRP, but in the past few days, it has sharply broken away and has been charting its own course. Now, I’ve identified a CUP WITHIN A CUP pattern that is EXTREMELY RARE! These two patterns are working together to create a move that could make both investors and traders very, very happy in the coming weeks.
Don’t copy my trades; become a trailblazer, not a follower!
Good luck, and enjoy making a ton of money!
XLM is on the verge of a nice breakout!There’s an incredible Cup & Handle breakout about to occur with XLM. Keep in mind that this is the hourly chart, so this particular Cup & Handle pattern is better suited for short-term day trades and is not an indicator of a longer-term breakout.
Good luck, and always use a stop-loss!
An inverse head & shoulders pattern formed in XLM.Today was an incredible day for many cryptos, and not so much for others. But one thing you can be sure of is that XLM has been spending the past two weeks forming a perfect head & shoulders pattern on the 30 minute chart that, assuming it plays out bullishly, is almost near the take off point!
If price action breaks out of the dashed white line at the top of the wedge pattern, we could see a dramatic price increase in the coming weeks. This could also be a great sign that XLM could be well on its way to gaining ground, and starting a new bullish trend in the mid to long term.
Good luck, and always use a stop.
Stellar Lumens XLM formed bullish BAT for upto 25.50% moveHi dear friends, hope you are well and welcome to the new trade setup of XLM with US Dollar pair.
Recently we caught nice trade of XLM as below:
Now a daily time frame, XLM has formed a bullish BAT pattern for the next price reversal.
At the moment after the completion of final leg the priceline has slightly moved up, therefore, we can wait for some price correction to catch from the buying zone.
Buy between: $0.0901 to $0.0870
Sell between: $0.0995 to $0.1094
Stop loss: Below $0.0870
Possible profit ratio:
As per above targets there is a profit possibility of almost 25.50% and a loss possibility is upto 4%.
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 breakout 2Stellar broke up this triangle 📐 and I think there is chance for run to 0.96 and even higher. Buying now. XLM let's make it!🚀
ENTRY : local high @ 0.4024
SL : local low @ 0.3083
TARGET : height of the triangle projected from midpoint of the local range (RANGE HIGH - SL) @ 0.96
RRR : 6
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
XLM Inverse Head and Shoulder Pattern - Breakout Imminent Seeing an inverse head and shoulders pattern on the 4h chart. Looking very bullish for an imminent breakout to test the .44 range and then get continuation into parabolic price discovery mode. So much good news for the Stellar Lumens XLM lately. Mega Bullish here. Short term support .2615 short term resistance.30
Watch the RSI for bounce.In my previous TA I showed you the H&S pattern which completed. This fall (both BTC and XLM) was very obvious based on the trend and other circumstances worldwide.
We should wait now to see if RSI falls into that low 20s area and set up buys. Nothing falls forever and looking at previous we should have good support here. Historically .04c is a level that we should not go under.
Safe trading.
4 Bullish Reasons For Stellar (XLM/BTC)I'll cut to the chase and say that I am bullish for Stellar in the short term.
Reason #1: It is my belief that Stellar found it's bottom and the recent bullish move that followed Bitcoin has only strengthened my opinion on this matter-
Reason #2: Looking at the charts we can see that this is a classic falling wedge formation. d.stockcharts.com
After a big move up not long ago we have stayed in this wedge formation and a move above the upper trend line would be very bullish.
Reason #3: Volume has increased in recent weeks and the volume is also showing a possibiliy of buying increasing in anticipation of a further leg up.
Reason #4: Bullish Divergence. On the MACD we can see that despite being in a falling trend we are showing bullish/positive divergence which is a key element to look out for when spotting a falling wedge formation.
Keep an eye on the top of that trend line, a break above could be very good for Stellar.
Happy Trading!