$XLM/USDT 4h (Binance Futures) Ascending channel on supportStellar Lumens is up-trending, let's join here on 50MA retest.
Current Price= 0.63893
Buy Entry = 0.63517 - 0.61503
Take Profit= 0.68807 | 0.73949 | 0.83636
Stop Loss= 0.57462
Risk/Reward= 1:1.25 | 1:2.27 | 1:4.19
Expected Profit= +20.14% | +36.60% | +67.60%
Possible Loss= -16.16%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 10 days
Xlmusdt
XLMUSDT 1.00$ Soon!XLMUSDT (4H CHART) Technical Analysis Update
Cup and Handle Pattern
XLM/USDT currently trading at $0.70
Buy-level: Above $0.69 - $0.70 (Wait for the small retracement)
Stop loss: Below $0.57
Target 1: $0.76
Target 2: $0.80
Target 3: $0.90
Target 4: $1.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
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: $0.975 or Trail it with a Trailing SL.
If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
. . . . . . . . . . . . . . And do follow me on Twitter for EXCLUSIVE Market updates: @mywealthstory
Your Support is very much 🙏 appreciated!
Happy Trading
STELLAR : Head to the STARS!!Greeting from IRAN to whole trading community 💙✔
Stellar is moving through a ascending channel since early 2021
Stellar has achieved to make a new ATH in 14th April
After that price has dropped below Mid-line channel
After about 3 weeks of time and price retracement , Stellar has acheived to breakout mid-line of channel
So higher targets would available now , maybe new ATH is on the way
OP : 0.62$
TP1 : 0.68$
SL : 0.59$
ROR : 3.5
KEEP IT SIMPLE :)
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 ($1.18).
It will be interesting to see how this plays out over the coming weeks ahead with May being a historically bullish month for altcoins. Be sure to follow me on TradingView to stay updated and for future analysis.
XLM about to explode!Here's a quick look at XLM 2 hr chart. As we can see, the price has fromed the cup and handle formation and is right now breaking out!
The idea is: Buy the breakout from the handle and Take profits at the levels shown in the chart.
Targets:
1. 0.66$
2. 0.88
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Stellar XLMUSD - Potential Bullish ScenarioThings to Note:
1. Bullish Market Structure- Printing HH and HL
2. Price forming an Ascending triangle pattern
3. Following a rough uptrend line
4. Volume is low atm but it should expand at the BO
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk
Target for XLM/USDT: $0.77, +19%Despite deep drawdowns nearly every month of this bull run, Stellar’s XLM kept making new local highs.
It’s still well below its 2018 all-time high of 93 cents but that level no longer looks outrageous.
To check the trend, we’ve asked Hybrid Intelligence the following question:
“The cryptocurrency Stellar (XLM/USDT) settled at 0.64661 USDT at 08:40 AM UTC at the Binance exchange on Friday, May 7. Will XLM/USDT trade above 0.77166 USDT (+19.34%) earlier than trading below 0.52156 USDT (-19.34%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
-------------------------------------
Assurance: 87%
The result is clear: even with a +19% target Hybrid Intelligence is bullish on XLM/USDT. The targets reflect the pair’s recent high volatility so don’t expect it to be an easy ride.