Xlmusdt
XLM Continuation of movement within the triangle and test $0.5After a strong wave of decline that continued in the XLM market from February 14 to 23, buyers were able to feel confident in themselves. The main prerequisite for this confidence is a liquid price zone of $0.31-0.33. This range first stopped a powerful wave of XLM price growth back in January 2021. Now it serves as a support for buyers and a critical point of the real growth trend:
As we can see on the chart, after February 23, buyers are confidently fixing above the range of $0.31-0.33, forming a triangle. In addition, we see that within this range is a black trend line, which keeps the price of XLM from a fatal fall to $0.2. Since the XLM market is currently within the triangle, there is a high probability of the start of a new local wave of decline.
If buyers manage to keep the range of $0.31-0.33 , we will expect a new price shot towards $0.5.
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XLM - 6h. Buyers should rest and keep $0.38-0.4In just two months from the beginning of 2021, a quality rally took place on the XLM market. The price of XLMUSDT has grown by more than 350%. During this time, buyers managed to update a high of 2 times. Good dynamics, but is there enough potential for buyers to maintain this pace?
If you analyze the first wave of Stellar price growth, you can see a sharp momentum , which is supported by large volumes:
The second wave of growth in the XLM market, which began on January 28, lasted longer. Buyers found it difficult to raise the price and it is noticeable by candlelight. In addition, this wave renewed the previous high, but there was an impression of weakness of buyers. This impression intensified after the buyers were unable to update the previous high during the 3rd wave. Trading volumes during the 3rd attempt to increase the price of XLMUSD were lower. Thus, a long-term triangle -like correction could begin on the XLM market.
In the 6-hour timeframe, the first critical point is at $0.38-0.4. Approximately in this range, buyers gained a position for further growth during the month. If buyers fail to keep this range for XLM investors, a critical point will come. The last chance to continue the trend is in the global range of $0.31-0.33 . The loss of this range will quickly send the price to $0.2
To continue to grow the XLM market, buyers need to hold above $0.5 . Therefore, we will expect another test of the strength of buyers to decide where to buy XLM.
P.S. Our previous XLM idea
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
XLM/USDTXLM looks very bullish, after a long period of consolidation there could be a good trade here.
On the 4h chart you can see a cup and handle pattern which could bring the price of XLM up to 0.8 $ -1 $ (Moonshot)
Like always do your own research and let my know what you think about my idea.
Cheers CryptoFox
XLM - Near term potential mega DUMP - STOP SWEEPER option - CAREZOOMED IN FROM LAST IDEA attached
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****WARNING S*&T YOUR PANTS POTENTIAL**** 70%+ flash dump??? wtf
Whether this plays out or not there is an important lesson here.
Just when the mob of lil krill (thats you)(and me) start all having their sweet longs up and in sweet profit, on an OBVIOUSLY positive macro leg up area,,, the rugs are delivered from below as the whales rise up and eat everyone's positions (and their low funding shorts absolutely print easy millions, and their spot bags are full).
Its all over so fast you can't really react very well to it. Then the big bull leg up kicks in. At differing speeds everyone who was forced out by stops fomos back in.
Its happened before mannny times. One of them you can see right here in this idea plain as day.
You can try and do two things:
1. Just hodl. 'easiest option'. but you have to really feel the pain as you baghold that 40% soul crushing dump (and you found out about it and got to your computer like halfway down it so your confused what to do).
2. put a pretty darn tight-ish stop, like say 8-12%, and HOPE to get stopped out early. ready to start rebuying all your positions as the dump evolves down. or rebuying right away if the market does a hard bounce up and this whole idea is invalidated.
NOTEs
*putting a 20% stop say puts you in a difficult position, think about it.
*putting a super tight stop (<8% ish ) is just dumb as you'll get chopped out.
*market does a say 12%-15% (quite 'common' these recent days) chop and bounces hard up invalidating this idea, then you just lost a bunch of tokens and value to your port.
so there are obvious risks to try and catch an opportunity like this.
WILL this one playout on XLM again? Is this fractal even in the right place? if it is will it happen again or deviate before? was that just a random glitch in the matrix for that period and wont happen this time?
Also IF this does playout similarly here, will it only happen to XLM?? (prob would be ALT wide)
Was this old one exacerbated by lower volume etc back then, was it supposed to stop at the obvious ascending triangle area edge (that ive marked in the chart)?
SO many variables.
I THINK this kinda move makes sense as everyone's longs go up. It IS a great time to pull this shit. Hence I am going to work around the possibility of this happening.
Stops up on all my spot as per option 2 above SOON.
***I am just putting these ideas down somewhere. its obviously not financial advice. Your hopefully a grown up who can make their own financial decisions.
DO WHATEVER THE F*&K YOU WANNA DO then MAN UP IF IT DOESN'T WORK :)
glhf
XLMUSDT Good Buying opportunity!#XLMUSDT (4H CHART) Technical Analysis Update
Reversing from the support
XLM/USDT currently trading at $0.48
Buy-level: $0.47 - 0.48
Stop loss: Below $0.43
Target 1: $0.53
Target 2: $0.57
Target 3: $0.60
Target 4: $0.75
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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Stellar Lumens (XLM/USDT | STR/USDT)Technicals:
87 Weekly BBands have opened and the price is continuing on its parabolic movement with upper BBand trailing below as support
If the 2017 fractal is in play, then drawing a fib extension from Oct'20 provides a glimpse into what prices could potentially reach into May 2021
Previously, the price extended to the 3.0 and 3.272 fib levels back in 2017. If history repeats, prices could reach a range of 3.7-5.4 USD per Stellar
XLM/USDTTechnical analysis:
XLM/USD is in an uptrend, and the continuation of the uptrend is expected.
The side trend has ended and it breaks the top of the channel so entry in pullback and wait for Targets that I determined
The breast trend has broken too so now it's a good opportunity to buy it for 1$ like ripple coin
Thanks for your attention 🙏!
Trade well, ❤️
Your Support is very much appreciated!❤️
Stellar Lumens (XLM/USDT | STR/USDT) Parabolic Moves - Long TermTechnicals:
- 80 week Bollinger Bands begin to open and point towards a potential violent upswing in the future (4-12 weeks)
- Monthly RSI on weekly timeframe shows oversold
Fundamentals:
- A lot of fintech and remittance startups and stable coins are being created with lumens tech
- Protocol 15 release
XLM : Stellar Lumens: Its do or die you lil stalling S*^T; v34XLM : Stellar Lumens: Its do or die you lil stalling S*^T; v34
Its do or die. This has been dragged out enough.
Might be best to buy this one on the dip after we hit the recent ATH.
This has been stretched out a bit; like its taking longer this time i'd say but still intact. it was a bit confusing as that first pump (circled pa area) wasn't as intense this time (prob because stellar is losing weight to other tokens lately), so was harder to see until recently.
Targets are all on there. I'll be bagging up soon, NOT NOW, I expect XLM will lag even further on this coming pump, then boom once everyone sells into the whales.
BUT IM PLAYING THEIR GAME BIT*&Es
gl