XLMXLM- As stated in previous analysis XLM is and was a strong buy at .23-.25c Reasoning is that the chart is very clear and clean to me, after 5 waves up in the primary cycle XLM completed a near perfect ABC correction inside of a falling wedge pattern. A falling wedge pattern is very bullish pattern b c it show bearish selling exhaustion , meaning bears getting tired and the bulls can flip the trend very easily & quickly. Here is my EW projection going forward.
Xlmusdt
XLMUSDT H16: 200% gains BEST Level to BUY/HOLD (SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
-setups that make money no fluke
XLMUSDT H16: 200% gains BEST Level to BUY/HOLD (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: XLMUSD 16hour/candle chart review
::: sequence of higher lows - BULLISH
::: chart looks good /strong
::: price contained within bullish channel
::: BULLISH inverted C*H formation
::: speculative bullish setup in progress
::: expecting rejection off price control
::: line soon so correction extends
::: to June 2021 so for now STAY OUT
::: focus on buying LOW later
::: BULLS seek to BUY/HOLD exit +200%
::: 200% BUY/HOLD setup
::: expecting a low printed near 25 cents
::: BULLS will get a new cycle low near 25c
::: and BUY/HOLD after CORRECTION
::: BULLS get ready to BUY near 25c
::: TP bulls is +2000% gains later
::: exit near point D +200% gains
::: expecting re-test of heavy resistance
::: details: see chart
::: FINAL TP is +200% gains
::: recommended strategy: BUY/HOLD after CORRECTION
::: recommended strategy: BUY near 25 cents
::: TP BULLS +200% gains BUY/HOLD setup
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY IT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/CORRECTION
RISK DISCLAIMER:
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.
XLMUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price is close to its resistance level and is testing that area. Those who have made purchases in the lower areas can make a save. And in case of rising and breaking the resistance line, enter into a deal for the above goals. But do not forget the loss limit.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
StellarStellar one of the coins I like. I don't expect it to drop below $0.25 and I will not sell it before $1.47. You can see the details on my chart.
XLMUSDT Technical AnalysisXLMUSDT has formed a Falling Wedge with 4 rejection at the Resistance and 3 Rejection at the Support. Meanwhile we see a Divergence in RSI which indicates a potential uptrend. There might be the 5th Rejection at the Resistance also or it might just break above the Resistance and goes higher. If we get the 5th Rejection at the Resistance then a Pullback to 0.283 is expected before the price goes higher to at least 0.352. In either cases we need to see the lower time frame before we enter any trade. If we get the confirmation at the lower time frames it would be safe to enter.
Buy at Resistance Breakout or Buy at 0.283
SL @ 0.26
TP1 @ 0.352
TP2 @ 0.434
TP3 @ 0.53
Happy Trading :)
XLM-LONG VIEW Hello traders and investors!! 😄👋
I was just looking at a chart of XLM (stellar lumens,) and in my opinion we see many indicators that the bulls are here... Let's take a look! 📈🔍🔽
~Recently XLM had what could be considered a triple-bottom in the three areas I have circled above 1️⃣2️⃣3️⃣👍😀
~ After our last low point, we formed what would have been a bear flag🐻, but the situation quickly turned bull-ish🐮🎉 as we see a few large bull candles🕯 to invalidate any bear flag/pennant▶🏁🚫
we are seeing more of an inverse bull flag now! 👍↗⏫ (In my opinion)
~We saw a break down from a major trendline that started around May 18th and ended on the 24th of May.. 👇⏬
~On the 24th of May📆, we saw upwards of 100☑ percent price increase in only 1 day📉🐮👏🥳 (I measured this move) What a candle!!!! 🕯🕯👏🤯
Short Fundamental- Overview:🔍🧐
✔XLM is it's own blockchain, which means it does not use BTC or ETH resources to function, (this allows for very low transaction fees and times respectively.) 💲🤞
✔XLM was one of the first ( green coins, ) or proof of stake coins🌄♻, to come out, and it's transaction times are impeccable👌 ⏬👇
✔Currently, the Stellar network is capable of running around 1,000-5,000 transactions per second, which is 100x-500x faster than the Bitcoin network and 50x-250x than the Ethereum network. (Source : www.cryptoeq.io)
✔I have stated before that XLM is extremely undervalued, and I wasn't joking!! As long as BTC can somewhat hold up, I think we may see a bull run to some of our targets depicted above👀🐮😄
That being said, I am looking to gain support here at our 0.41-0.43 range in order to be more certain.
✔Back in 2019 Stellar Lumens burned 55 Billion of its tokens, and created a new system where transaction fees are burned as well. (One could suggest in the future we will see more action towards deflationary implications.)🕙🕐📌📆
It is wise to use caution and do in depth research before making any large investment.⚠📍📝✏
CoinMarketCap info:
Stellar Supply
Circulating Supply 23,083,746,331 XLM
Total Supply 50,001,803,156 XLM
Max Supply 50,001,806,812 XLM
Stellar Market Cap
Market Cap $9,874,475,563.08
Fully Diluted Market Cap $21,389,145,955.98
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Jazerbay
(update) XLM/USDT broadening wedge is still reliable!Hi every one
STELLAR / TETHERUS
this is only an update on XLM/USDT situation as you can see the XLM has not broken out of the broadening wedge and just touched the bottom line of this pattern but there are Hidden bullish divergences on MACD and RSI indicators now so this means the price has bigger chance to increase from this point rather than decreasing!
Previous Analysis
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
XLMUSDT - BUYEntry: after breaking the triangle's upper border at point (5), either with an entry after the breakout, or after a possible retest of the upper border's breakout rate.
Take profit: identified by measuring the vertical distance between the first resistance (1) and the first support (2), that measurement is then applied from the breakout rate (5)
Stop loss: can either be the breakout rate (5), or the last touch to the triangle's lower border (4) before the breakout
BULLISH SYMMETRICAL TRIANGLE PRICE ACTION
This chart pattern starts forming with bulls already in control of the exchange rate's uptrend. Then both bears and bulls try to squeeze on each other by creating lower highs and higher lows respectively, till the bulls finally break the triangle's upper border created by the bears, and the exchange rate continues its uptrend.
Let's break down the pattern formation!
In an uptrend, price action finds the first resistance (1), which will be the highest high in the pattern.
Price action reverses direction from the first resistance (1) and goes downwards till it finds the first support (2), which will be the lowest low in the pattern.
Price action reverses direction from the first support (2) and goes upwards, till it finds the second resistance (3), which must be lower than the first resistance (1)
Price action reverses direction from the second resistance (3) and goes downwards, till it finds the second support (4), which must be higher than the first support (2)
The pattern is completed when price action reverses direction from the second support (4) and goes upwards till it breaks the triangle's upper border at point (5)