Breakout will yield "Stellar" profit on XLM BINANCE:XLMUSDT (4H CHART) Technical Analysis Update
XLM is currently trading at $0.117 and the price is currently trading at its strong resistance zone which got rejected multiple time.
We are looking for a LONG trade opportunity if the price successfully breakouts from the resistance zone.
Successful breakout will push the price to next minor resistance which can be easily broken and our final target is next major resistance around 0.1386
Entry level: $0.1190 (Candle close above this)
Stop loss level: $ 0.1121
Target 1: $ 0.1220
Target 2: $ 0.1252
Target 3: $ 0.1318
Target 4: $0.1380
Max Leverage: 5x
Don't forget to keep stop loss.
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GreenCrypto
Xlmusdt
XLM ADAM AND EVE PATTERN: FULL CHART ANALYSIS.In this post, I'll tackle the pattern formed on BINANCE:XLMUSDT which is a bullish pattern, Adam and Eve. As of this writing, the price already reached the neckline, which is critical for deciding the next move. On the thread below, I'll provide what would be my approach for the coin through my technical chart analysis.
#XLM #XLMUSDT #Analysis #ShortSetup #Wychoff #Distribution #Eddy#XLM #XLMUSDT #Analysis #ShortSetup #Wychoff #Distribution #Eddy
(("All the relevant areas and explanations on the chart are clear and clear, the trading setups need to get confirmation to enter, if you don't know how to get a trigger and confirm entering into transactions, this analysis is not suitable for you, the above analysis is for professionals. and if you are a beginner, my suggestion is that you don't destroy your capital and first learn technical analysis and basic trading along with psychology and risk and capital management from reputable sources and courses, and then enter the financial markets."))
(("The above analysis and setups and points and areas are combined with most of the combined styles such as price action, supply and demand, RTM, ICT and also with the analysis of important indicators such as Dominance Tether and Bitcoin.
If you are familiar with the mentioned styles and know how to get approval to enter the above styles, use the above analysis.
This is not an investment proposal and only my opinion, please act based on your experience and decisions."))
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I also suggest you to view my #Analysis of the Phases of Richard #Wyckoff #Accumulation & #Distribution on #Bitcoin #Currency from the link below :
#BTC #Bitcoin #Final #Update 'D' #Wychoff #Distribution #Eddy
Related Tether Market Cap USDT Dominance Analysis : (( USDT.D )) : Check Link :
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Analyses of Trading Ranges By : Dr. #Eddy SunShine 👨🏻💻 2/14/2024 ❤️
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.
XLM will likely drop an additional 25% before it rebounds.XLM appears to be working its way to the bottom trend line of the wedge pattern that has formed on the daily chart. If it does, it will likely bounce, and make a run for the top trend line of the wedge pattern. This could present many opportunities for day/swing traders, and make it easier to determine entry and exit points if it plays out.
Good luck, and always use a stop.
XLMUSDT # 001 ( 2000% Growth with 2024 Market surge $$$ ) Hello dear traders.
Good days .
First of all thanks for your support and comments .
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On monthly Gann Square, XLM start rising after passing Gann Square Arc resistance.
With refer to first weekly Bullish Gann Square, expect to hit 0.75 Gann price Zone at cross Zone of Rejected Monthly Gann Fan line .
2024 is look like good year for Crypto currencies and XLMUSDT has an opportunity to grow to about 2000 - 2300 % .
Chart updated and route plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
XLM/USDT looks incredibly promising at the moment! 🚀 📈💰 The 4-hour time-frame shows a strong bullish market structure, indicating a potential uptrend in the making. 🐂✨ Moreover, the current price is precisely situated within a demand zone, suggesting a high probability of a 15-30% bullish move in the short term. 📈💥 Let's keep a close eye on this exciting opportunity and see what unfolds! Remember, this is not financial advice. 🧐🔍
#XLM #StellarIn the daily and weekly time, it is moving in an upward channel for a short period of time, and the pullback to the 12 cents area and leaving the density and the bottom of the channel can continue its growth up to the neck line and the middle of the channel, and if it stabilizes above the red band in the daily time OK, it can continue its growth up to the weekly supply area
XLMUSD - MACD Pattern The MACD areas on this Weekly chart look very similar. Will A large rise come once the bulls kick in on the second point?
Right now price is slowly creeping upwards on Weekly which is also a good sign.
XLMUSD has a very similar chart to XRPUSD and I expect if one pops off the other will follow.
STELLAR/XLMUSDTNot fan on this LSE:XLM but has potential on going back to 0.65$ just my point of view on charts.
Always remember buy low sell high, don't do the opposites buy high sell low.
Not much talking more on this but absolutely there's more room to UP this.
Follow for more gold coin on crypto world.
Welcome new followers.
I'm glad I reached 500 followers.
XLM in Coming DaysXLMUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
🤑Stay awesome my friends.
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XLM/USDT Preparing for an Explosive Bull Run? 👀🚀 XLM Analysis💎 Paradisers, turn your attention to XLMUSDT, showcasing a significant setup in the demand zone, reinforced by a recent Market Structure Shift (MSS). This scenario hints at a substantial possibility of a bullish trend.
💎 Examining XLM's pattern, Stellar has consistently demonstrated its ability to surpass its descending trendline, an indicator of potential upward trends. It is currently contending with a major Bearish Order Block (OB) challenge, with continued momentum above the EMA100, targeting supply levels at $0.17.
💎 However, in the ever-changing crypto market, XLM traders need to be ready for various outcomes. Should the anticipated bullish breakthrough not occur, shifting to a rebound strategy from the support level at $0.107 will be key.
💎 A decline below this support level would signal the need for a strategic change, prompting a reassessment of the bullish perspective and the need to adapt trading strategies in response to new market developments.
💎 Stay focused and strategically adept, Paradisers. Your ParadiseTeam is committed to providing insightful analysis and strategic guidance, ensuring you make well-informed trading decisions in these dynamic market conditions.
XLMUSDT 1W LONG📈Hi all. Timeframe 1 week. Stellar is globally in an ascending channel and is currently flat at its support. A fractal repetition of growth to the upper boundary of the channel is possible. I'm considering placing on spot now, and long on breakout/retest, depending on your type of trading. Marked goals and levels on the chart.
The Bullish Case for XLM! A Comprehensive Analysis!!!XLMUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
🤑Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
XLM , good buy .Sup folks , posted about xlm just to let you know its cheap , i have drawn an accumulation zone which right now the price is in and you can start accumulating , in my idea we gonna have most of the 2024 bullish and xlm is one of the coins that repeats its history , my target for it will be close to previous ATH and im not sure it can break it as theres so many new freaking good coins in the market but its an easy gain in case you have the patience with antique , good luck lads .
Going in Big on Stellar (XLM) - Target .18-.19 Cents!This one will be a longer-term swing. It may take weeks. It may take months. But the bottom line is that I like almost everything I see about this chart. Let's start all the way at the bottom. In mid-June price was at or near multi-year lows. RSI indicates we were way oversold. We started digging ourselves out of the hole then and haven't really looked back. That trend-line on the RSI is highly significant. Every time we've touched it our price has pumped. Our first touch was at the formation of the triangle bottom in mid-June at .07 cents. From June to July we went from .07 all the way up to almost .19 cents, nearly tripling. Every touch thereafter netted at least 30% from touch to top-out. And just recently, we have touched that sacred magical line once again. I believe this next pump is only beginning.
Now jump on up to the price chart. Feast your eyes on that beautiful ever-present bullish triangle. Isn't that amazing. But it's not just the size of it that I am excited about. Or the precision of touches to the top-side and bottom. Look at all those SMAs (50,100,200 day). Do you see how there all in the same area? And they are all providing us support rn. Additionally, just under all of them, we have a major horizontal TL. This provides us with a massive area of confluence that it become ridiculously hard to bet against.
I'm in at 11.8 cents with a SL comfortably under that last pivot low (9.5 cents to be exact). I will be taking profit along the way but will hold at least 25% of this trade to the final target unless I get stopped out of course. I will be raising my stops a comfortable distance along the way. Right now they are about 18% below my entry and I will draw them closer and closer to current price as we go. With any luck, we should be in the profit fairly soon and eventually so will my stops. Risk reward ration on this is 3/1.
None of this is fin advice of course. Just showing you all how I trade.
Best,
Stewdamus