XLMUSD - 1W - Wait for the end of this falling wedgeHi guys,
on the weelky timeframe we can notice Stellar (XLM) is in a giant falling wedge pattern. This is usually a pattern leading to an upside move.
We can't ignore the red path as bitcoin and macro are not at their best at the moment. Bitcoin still on the edge of further downside.
However, if things can get better for crypto, we can imagine (and pray) for the green path.
then first target would be the 0,47$ (strong resistance and ichimoku level on the monthly / daily)
then second target is the top of the falling wedge which is also the previous ATH (weekly close) at 0,70$.
This could form a giant cup and handle. If and only if we have a strong break to the upside with a strong candle close :)
if this cup and handle is confirmed the targets will be awesome.
But dont get excited too quickly there are still many targets to achieve first.
If you agree, please feel free to like this idea :)
Bye guys
NFA
Xlmusdtechnicalanalysis
Stellar Lumens XLM Is Using The Support Of Previous TriangleHi friends, and welcome to the new update on Stellar.
Big wedge and key support:
On a weekly time frame, XLM has bounced from the key support of $0.12 and the support of a big falling wedge pattern. This move can also be seen on a monthly time frame.
After breaking out this wedge the next move can be up to $0.75, which is the top of this wedge. Before this XLM had already broken out a big channel as well.
Symmetrical triangle and external supports:
On a 4-hr time frame, Stellar has broken down a symmetrical triangle. But it has still a down trendline support and the previous triangle's support is also still in play. Therefore,
there is a probability, that XLM will breakout the resistance of the triangle using these supports. After the breakout XLM can also break out the next resistance of $0.154.
Conclusion:
Even though Stellar has broken down the triangle but some external supports are in play therefore, there is a possibility that stellar will breakout the same triangle whcih is broken down.
#XLM/USDT 30M CHART UPDATE !!Welcome to this quick XLM/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for trade:- XLM is trying to break the major resistance of the $0.15-$0.155 area. The support is $0.140-$0.142 area and we see a retest of this area. You can try to add some XLM near the support area with tight stop loss.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
Stellar (XLM) formed bullish Gartley for upto 2460% rallyHi dear patrons, hope you are well and welcome to the new trade setup of XLM.
On a monthly time frame, XLM has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
XLM/USD TECHNICAL ANALYSIS - 1W ChartPrice might go down at demand zone around 0.080 or maybe around 0.045. Heard some info saying there will be some event on Stellar network going live this June. Not sure what it is and I am not fundamental analysis expert -u can check it out but if price did bounce back on 0.080 demand zone, it is a possibility it will have momentum making new higher high. As u can see on the chart, there are previous significant support and resistance on that demand area. So, again, it might bounce back from that demand zone around 0.080.
***This is not financial advice. This is only for sharing ideas regarding crypto currency. To be specific, ISO20022 crypto currency***
This Move Of Stellar Lumens XLM Can Be A Confirmation Of AnotherHi friends hope you are well and welcome to the new update on Stellar.
Broke down the channel and H & S:
On a 4-hour time frame, XLM formed a down channel and during the movement within the channel, the priceline also formed a Head & Shoulder pattern. Finally, XLM broke down the neckline of H & S and the support of the channel.
The target for the Head & Shoulder pattern to the downside was $0.15 and the price action even moved lower than this target. Right now the pricline line is moving up and if it will be rejected by
the support of the channel (which is now working as a resistance) then it can set another lower low.
Short-term support and resistance levels.
On a 1-hour time frame, there is $0.14 support and the priceline has bounced from there and now moving between the $0.15 support and $0.16 resistance levels. If it breaks out $0.16 the next
resistance levels will be $0.17 and then $0.18.
Huge falling wedge:
On a weekly view, Stellar has formed a huge falling wedge pattern and now moving down to the support of this pattern. If XLM tests the support of the wedge then it can drop at $0.12. But after
testing the support a big reversal move is possible.
Conclusion:
On a smaller time frame, If the priceline will not be able to breakout the support of the channel as resistance, then the next move can be $0.12. But on a bigger view, after testing the support of the wedge big bullish reversal will be started.
This Is Why Stellar Lumens XLM Should Be Your Top PickHey friends hope you are well, and welcome to the new update on Stellar coin.
Breaks down significant support:
On a weekly time frame XLM is breaking down a very significant support of $0.16. This $0.16 level has been working as strong support and resistance since Mar 2018. Now the next major
support will be at $0.12.
Broke down channel and H & S:
On a 4-hr time frame, XLM has broken down a down channel and a Head & Shoulder pattern as well. The target to the downside for H & S pattern was $0.15 and XLM has reached there.
XLM might test the support of big wedge:
On a monthly time frame, XLM is moving in a huge falling wedge pattern. Now after breaking down $0.16 support, it is possible that Stellar may retest the support of this wedge.
We should remember that previously when stellar broke out a huge channel we had around 1400% move and from the low to the high, that was about 3000% rally. Same is the previous move XLM can start another massive rally after breaking out this new falling wedge.
Conclusion:
Ona bigger time frames, stellar is moving in a falling wedge pattern, which is considered to be a bullish biased. Therefore, there is a high probability that after testing the support of
this wedge, XLM once again starts a long-term bull run.
XLM (Stellar) Coin Analysis 19/03/2021we have analyzed it earlier and capitalize on this coin twice earlier:
4H Time Frame:
Day Time Frame:
Fundamentals:
Stellar is an open network that allows money to be moved and stored. When it was released in July 2014, one of its goals was boosting financial inclusion by reaching the world’s unbanked — but soon afterwards, its priorities shifted to helping financial firms connect with one another through blockchain technology.
The network’s native token, lumens, serves as a bridge that makes it less expensive to trade assets across borders. All of this aims to challenge existing payment providers, who often charge high fees for a similar service.
If all of this sounds familiar, it is worth noting that Stellar was originally based on the Ripple Labs protocol. The blockchain was created as a result of hard fork, and the code was subsequently rewritten.
Fees are a sticking point for many. However, high costs when making cross-border payments aren’t just exclusive to fiat-based payments solutions such as PayPal — transaction fees have also been known to go through the roof on the Bitcoin and Ethereum blockchains because of congestion.
Stellar is unique because every transaction costs just 0.00001 XLM. Given how one unit of this cryptocurrency only costs a few cents at the time of writing, this helps ensure that users keep more of their money.
Few blockchain projects have managed to secure partnerships with big-brand technology companies and fintech firms. A few years ago, Stellar and IBM teamed up to launch World Wire, a project that allowed large financial institutions to submit transactions to the Stellar network and transact using bridge assets such as stablecoins.
Although other blockchains have community funds, meaning that grants can be given to projects that help further the ecosystem, Stellar allows its users to vote on which ventures should be given this support.
Jed McCaleb founded Stellar with the lawyer Joyce Kim after leaving Ripple in 2013 over disagreements about the company’s future direction.
In explaining the rationale behind Stellar in September 2020, McCaleb told CoinMarketCap: “The whole original design of Stellar is that you can have fiat currencies and other kinds of forms of value run in parallel with each other and with crypto assets. This is super important to drive this stuff mainstream.”
McCaleb’s goal is to ensure that Stellar can give people a way of moving their fiat into crypto — and eliminate the friction that people normally experience when they are sending money around the world.
He currently serves as the CTO of Stellar, as well as the co-founder of the Stellar Development Foundation. This not-for-profit organization aims to “unlock the world’s economic potential by making money more fluid, markets more open, and people more empowered.”
Current Fundamental:
The live Stellar price today is $0.402482 USD with a 24-hour trading volume of $832,342,993 USD. Stellar is up 2.85% in the last 24 hours. The current CoinMarketCap ranking is #13, with a live market cap of $9,109,323,999 USD. It has a circulating supply of 22,632,881,017 XLM coins and a max. supply of 50,001,806,812 XLM coins.
The top exchanges for trading in Stellar are currently Binance, Huobi Global, OKEx, BitZ, and Upbit. You can find others listed on our crypto exchanges page.
Technical Analysis:
the coin is currently in a retracement from the Past Impulsive wave and is now on the Reaccumulation Phase for another Impulsive wave and Rally.
As you can see there is Hidden Bullish Divergence of Price and MACD, which is the sign of Bullish trend continuation.
we have specified 3 New Targets with Fibonacci Projection of the previews Impulsive Cycle, where as the 3 TP gets its conformation as the price Triggers the 2TP followed by the price Correction and some distributions.
BIG PictureJune 1st, 2023 is the 1:1 time extension from wave A. That means that around that date, we may be at a very good price to buy. It doesn't need to do a full extension, but harmonics usually like these things to line up in some relative fashion. This is why we use the fibonacci sequence. I've noted some relative buy zones in the green boxes. Laddering buys is usually recommended by professionals.
Alright now let me first say that I think Stellar is the real deal, and for good reason. They are one of the only projects completely focused on developing their regulatory compliance while innovating on the network and encouraging new developers to work with them. The "Clawback" (Transaction Reversal) technology is next level, and not something that other blockchains are capable of doing right now. This is a big step in maintaining compliance and being able to actually integrate with conventional regulatory backdrops. Stellar is the dark horse in crypto.
Now, that being said, Biden just released his executive order on crypto.
We are seeing more headwinds than tailwinds right now, so I expect there to be more price declines as exchanges leave and projects shut down that cannot comply with regulatory requirements*. I will note that we are already seeing announcements of projects (YFI/USDT) shutting down 25 apps/projects with seemingly no notice or good reasoning besides the fact that the developers just got bored! That's Not Good! It seems the fakes and non-committed projects are going to start cracking and running away so be careful out there.
The stock market and bond markets are beginning crashing. This first leg down the bias has still been positive, but now the "buy the dip" mentally is fading and prices at the grocery stores and pump are going up!
The market bias is now starting to flip bearish which will drive the major indices tumbling as the Fed starts raising rates. This all will drive crypto lower as liquidity leaves the systems. I expect you will all see prices you never thought you would see again, but I can't guarantee that.
My advice to any holders is HODL, as long as you're not using leverage or loans or anything. Like I said, prices could fall extremely dramatically because the levels of liquidity via margin debt and leverage that is in the system right now is unprecedented. You need to remember though that if you're a long term holder, this is not a project you should be selling ever IMO. I expect XLM to go to $30 over the next 10 years, so this is gonna be a ride of a lifetime if you can hold on throughout.
This is not trading or financial advice. I'm not telling you to sell any XLM or buy any. I am saying that it could go to 8 cents or maybe even 4 or 5 cents and if it does...I would borrow and invest Heavily at that point.
XLM/USDT is Potential To pump %100Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
#xlm making this falling wedge pattern.
ENTRY- $1.7 - $1.8
TARGET- 110%
SL- If it breaks and closes below the $1.65
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
XLMUSDThere is absolutely nothing on this chart that suggests we cannot break down below the lows, so I do think that Stellar Lumens could very well go looking towards the $0.15 level. On rallies, this is a market that should continue to be sold until we can take out the 50 day EMA above, which is currently sitting at the $0.22 region. As long as we stay below there, it is difficult to imagine getting long of this market anytime soon. In fact, this is a market that looks like it has already entered “crypto winter”, so this may be a situation where if you are a longer-term believer in the project, then you may be able to accumulate a large position over the next several months. As long as monetary policy remains tight, it is going to be difficult for smaller coins to attract a lot of trading capital.
Stellar (XLMUSD) SHORT TO $0.07-$0.06 Stellar (XLMUSD) is going through an A-B-C correction. The correction looks like a Zig-zag correction which is a 5-3-5 wave design
Wave A - Went from $0.8 to $0.19
Wave B - Went from $0.19 to $0.44
Wave C - it's a 5 wave series and I think it will end up at $0.07-$0.06 zone before reversal
Stellar (XLMUSD) going to retrace to 88.6% or 94.1% correction TO $0.07-$0.06. We are presently at 78.6% FIB retracement, so the next best points are 88.6% and 94.1% and they are derived by the following formulae:
88.6% price level is derived by squaring (or multiplying by itself) from the Golden Ratio, 0.618:
0.618 x 0.618 = 0.786 (78.6%)
0.786 x 0.786 = 0.886 (88.6%)
0.886 x 0.886 = 0.941 (94.1%)
88.6% retracement price is $0.11
94.1% retracement price is $0.07
I believe Stellar (XLMUSD) will still be shorted and may find the reversal at that 94.1% zone because that's also a junction point where retracement of the whole five-wave series and the extension of the A-B-C meet
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