XLM range tradingThird time XLM/BTC is touching the bottom of this channel it is trading in since mid-june. It took a while after the first touch, namely a second touch, but after that we got a nice 25% move up. This seems an interesting opportunity.
I'm not counting the third as that wick is definitely false price action or maybe even a shake-out. Anyway, setting a stop loss below the previous low and my target at 20%. Let's see how this goes!
XLMBTC trade ideas
XLMBTC is testing the daily support 🦐XLMBTC is testing the daily support after a breakout from the bear flag.
If the price is going to lose the daily support, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
XLMBTC Rdy To Bounce From Support ?Inverse H&S on the Daily timeframe which would result in an estiamted pump of arround 35% against BTC.
Current resistance at 865 Sats.
RSI in the 60's, With an ascending support line on the RSI.
MACD crossed Bullish.
First break until 1035 Sats with a retest of the 865 Sats to confirm the breakout from the H&S.
If succesfull we may search some higher values with resistance arround 1550 Sats ( From Broadening Wedge Look Chart )
On the weekly chart we still maintain the long term support line which we only broken /w the NoNo Virus at those times.
Do your own research this is not finacial advise.
GL HF Trading.
XLMBTC Technical Analysis
⏳ Spot
💎 XLMBTC is expected to go to the Pullback zone before it goes up and breaks above the resistance. If it breaks above the resistance we will expect that the price goes higher after the retest.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.00000700
☕️ TP1 0.00000815
🍺 TP2 0.00000850
🍻 TP3 0.00000940
🍾 TP4 0.00001050
🍷 TP5 0.00001150
🍸 TP6 ___________
🍹 TP7 ___________
🎁 TP8 ___________
🚫 SL 0.00000640
Good Luck 🎲
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XLMBTC is creating a falling wedge 🦐XLMBTC is creating a falling wedge on the daily support, IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Stellar (XLM) Since Nov. 2020 | 140% MappedThis is one of the big ones... Stellar is #18 by market cap. compared to thousands of altcoins.
Here we are looking at XLMBTC (Stellar vs Bitcoin).
This chart goes back to Nov. 2020 until this date.
We can see a strong ascending channel, really wide, and we continue to see higher highs and higher lows.
Notice the falling wedge pattern that forms before each bullish wave (marked with blue lines).
The current one has been going for longer than the previous ones... Growth can start happening anytime.
Additional signals:
We can see XLMBTC moving above EMA50.
We can see a strong RSI.
We have the already mentioned higher low.
The falling wedge...
Notice how the trading volume has been completely flat since prices peak in May. This signals consolidation.
The next move is likely to become a strong bullish break.
Namaste.
XLMBTC is creating a falling wedge 🦐XLMBTC is creating a falling wedge on the weekly support. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
XLM-BTC Long potentials.XLM Reaching lower support levels. The Divergence on the RSI gives a potential reversal signal following BTCs surge. The Gan fan provides target zones and timescales. With the Fisher MW acting as a "run out of steam" indicator for profit taking.
5-10% gains every stage of the Gan could mean 30%+ over the coming few weeks.
XLMBTC Two levels where it can start a rallyXLMBTC is testing a Support level (0.00000645) that is holding for the whole year (Jan 06 to be precise). As longas this holds, there are good chances for an aggressive rebound back to the Resistance (0.00001615) or even to the higher Fibonacci levels. If that 1st Support though breaks, I am expecting a test of the lower Support Zone (green), which upon contact should initiate a massive rally.
Where do you think XLMBTC will bounce?
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Stellart XLM is going to take off🚀 300% possible easyNice opportunity to buy XLM right now. Here is why technicaly:
Price is oversold, under the cloud
Tenken and Kijun cross coming(That might be a first sign for trend reversal)
Chikou is pointing up
Watch on dates(GANN Pivots):
07.31
09.22
Stay sick guys!
XLMBTC BEARISH SIGNSFrom the chart the RSI indicator depicts oversold signal hence above 30 giving a reversal indicator, The price as per the chart has bottomed and from the short swings depicted after a major consolidation run.
XLM is one of the coins that can attract a hefty profit margin currently at 0.00000776 sats and Top of 0.00006318 that is impressive 1396% profit margin.
hence a coin that is a long term HOLD
XLM UPDATE - Don't You Just Love The Waves? No New Low YetIn this video I once again bring you the daily update on XLM.
So far we have not seen the Wave 5 low completed but we are getting there slowly.
I love patterns and the latest pattern I can see is trolls in the comment section flocking together like birds of a feather ROFL
You come here because you love to be updated on the AriasWave interpretation.
Even trolls are followers, yes they actually are. Look up the public available list of my followers. Quite amusing.
Bring it on I love it because in the end they will evaporate just like their egos when they wake up to themselves, no guarantees there LOL.
I appreciate all of the true followers that just want to know what is happening.
Stay true to yourself and stay safe.
See related ideas below in the related ideas section.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.