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Xlmusdlong

XLM forming ABC correction, setting up for big rise?ABC correction forming Fibs are lining up nicely Ichimoku Conversion line down crossed Base line, calling for a correction Expecting local Fib correction to around $0.26 - $0.28 After it could make a move up to a 0.702 retracement from the ATH in May. Retest of local ATH at $0.42 possible, could also shoot straight through to set new ATH. New ATH would be $1.01 to $1.16 according to a hyper-extended Fib from the entire market. Personally I will open trade after the daily closes inside Ichimoku cloud after the buy zone. I do not currently hold this coin.
by AKriek
XLM moving in an Ascending Bear Triangle. Huge DIP comingXLM is moving in an ascending triangle and the pattern looks bearish to me. I has already touched point D of ABCDE pattern and I think it should meet point E at around 0.31 zone. Post this there should be a major DIP. How far it can drop we need to wait and watch. If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends. Also don't forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies and sometime ASX stocks. Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
Short
by Manjyot
XLM Going to pump up? 💣Hello Traders. I hope you are having a great Tuesday. Today I want to talk about XLM. Well as you can see in 4H timeframe, price broke the green area which was ATH an has retested it 2 times and has gone up since then. Now price is moving in a channel and recently has broken out of a purple range and in smaller timeframes has managed to pullback to it. So in my opinion it is a good place to open a long position. Entry : 0.61$ ( around purple range ) Target : 0.8$ ( midline of the channel ) Stop loss : 0.58$ ( if the candle closes below the purple support ) Midterm target for XLM can be around 1$. 🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades. 🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders. If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis. Thank you guys for reading my idea on XLM and don`t forget to comment what you think. ✌
Long
by Existansilon
Great buy opportunity in XLM🚀As we can see, price is forming a Cup and Handle which is about to Breakout. - Wait for the Candle closure above the Pink Resistance line. - Put your Stop Loss below the breakout candle or green support area. - Take Profit: $0.975 or Trail it with a Trailing SL. If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! . . . . . . . . . . . . . . And do follow me on Twitter for EXCLUSIVE Market updates: @mywealthstory Your Support is very much 🙏 appreciated! Happy Trading
KRAKEN:XLMUSDLong
by mywealthstory
2
XLM soon to break $1XLM/USDT successfully broke out from the inverse head and shoulders pattern it formed on the 4h time frame and is now looking to break upwards past it's ATH and push towards my first TP target at the 1.618 fib extension level ($0.87). Thereafter we should see a second leg up towards the $1 level which will be a large psychological resistance. Once broken, our second TP will be at the next fib extension level of 2.618 ($1.18). It will be interesting to see how this plays out over the coming weeks ahead with May being a historically bullish month for altcoins. Be sure to follow me on TradingView to stay updated and for future analysis.
Long
by TheBitcoin
4
xlm at decision pointAlot of people may have been scared off from the volatility over the weekend, but when you take a step back and open your eyes we can all see how healthy and aligned this movement is. Stellar had a perfect retracement to the .382 zone, reach to continue upwards. As you can see, when price hits this major .45 range, there is a price movement of 30 to 50 percent. so when time price went up there was an additional 20% more movement then there was before. If history repeats itself then we could see a leg up to 1.618 extension. The exception is that this is void if price cant break .55
COINBASE:XLMUSDLong
by Spiritualbeing11
3