best risk rewardsits entry time, buying spot and holding is smart and stress free here, thank me later
XLMBULLUSD trade ideas
XLMUSD Analysis Oct 17, 2021
We are looking for a swing trade so I will utilize the weekly and 4 hour timeframes to make my decisions. On the weekly timeframe we look for three things in particular which are our key levels, patterns and candlestick analysis. On the 4 hour timeframe we focus on using most of our technicals which is including fibonacci, support and resistance , supply and demand zones, market structure, candlestick analysis etc. On crypto we are looking at the Daily and 1 Hour timeframes to take trades when they are ready.
On the daily timeframe we are rejecting a key level of resistance as we need to get above the 0.40 level in order to head higher. Price is in an uptrend but I will wait for price to get above this area before taking longs. There are a lock of wicks happening as resistance to this area so if price does start to breakdown on the H1 timeframe then we will go short.
The falling wedge is almost completeHello friends,
I think Stellar makes its final downward move.
Stellar in short term (for more details see the attached Idea):
As you see, it's a falling wedge pattern. Pretty sure everyone knows that a bullish signal of a falling wedge is a more reliable indicator than a bearish signal of a rising wedge!
A Possible scenario is shown in the chart.
XLM/USD stellar lumens vs USD longLocal price for buy long is now 0,36 (1H Time frame) by volume profile, Take profit around 0,4
D1 time frame for buy long is 0,31 - 0,28 good support zone (price action and volume profile). Take profit around 0,4 and more...
XLM/USD - buy signalJust draw Fib circles from the downtrend and from the uptrend.
You can see, that both resistance were broken.
Also 200MA was crossed.
And mirror line, which was described at this idea :
The patter called :Wide Mouth Openning, which means huge potential for price.
Global idea :
XLM is ready for take off!Hey Guys,
We all know the recent good news of XRP and XLM where they are being adopted by major institutes and banks.
As you see in the chart, XLM has touched the major trend line and is now heading to a new all time high.
Get your bags loaded up between 0.35$ to 0,45$.
Don,t be greedy and sell at each resistance, don't believe the moon lies and be realistic!
let me know what you guys think.. Comments are much appreciated.
Regards,
XLM Stellar huge wedge breakout!XLM Stellar just broke out 20% bull from a wedge pattern! The uptrend is continuing. Look for resistance around .4321.. If it breaks through that we could see that turn into support which would help XLM greatly. - DiMarco
Weekly Say good bye to the 0.20's this is going to take off and not look back. lot of people sleeping on XLM.
on LOBSTR making interest daily. #InMySleep
Longterm Hold
XLMUSD Elliott waves projectionAnalysis based on Elliott waves projection
Exit positions at black lines and all at the last level
My take on Stellar Lumens (XLM) Price predictionAs a holder of XLM, I have set my targets from mid 2020 after the March crash due to C-19 assuming it was the bottom, bought it October 2020.
This is my take on its price and current situation which I believe its going up in the price from now, the only condition I see a dip if the B wave of BTC finishes soon and C wave takes it lower from the 60-68K in which XLM and the other assets will go hard with it. but I think its unlikely now IMO
Fundamentally XLM is solid project and positive for price action to the upside. Technically once it breaks 0.47$, I don't see any thing can stop it from continuation except for the BTC condition mentioned above
Stellar XLM is going up and much further than many thinkIf you aren’t aware stellar is by far the most undervalued high speed (seconds to confirm, pop network. I’ve been accumulating for a long time and it’s not a surprise to see this move up after the Btc pair visit the bottom of range again. Stellar is going well above a dollar soon and I’m just warning you it will happen very fast like ripple. I’d suggest taking a look at lumenswap as well because maybe then normal people can can actually swap coins on a DEX for less than 100 usd. Eth is trash look at how long it’s been since any meaningful upgrade. It’s literally an unusable network to most. Defi is not about the rich getting richer and large entry prices. Stellar can become the center of defi AND the currency coin AND an international transfer of value network.
Perfect breakout for StellarPerfect breakout for Stellar with a slight re-test and continuation candle. Target is $ 1.60 which means price discovery and higher prices if the target gets reached. This would also confirm the macro cup and handle depending on the future breakout price action.
Ascending Triangle Setup on XLM with 0.4 TargetTrend Analysis
The main view of this trade idea is on the 2-Hour Chart. The cryptocurrency Stellar (XLM) is in an ascending triangle setup, with the resistance line around the 0.326 level and the support trend line making higher lows from 0.26 and 0.3. Expectations are for a breakout, with XLM rallying towards 0.4. This setup will fail if XLM were to decline to below 0.3, towards 0.28.
Technical Indicators
XLM had positive crossovers on its short (50-MA), medium (100-MA) and long (200-MA) fractal moving averages. The cryptocurrency is currently trading above these MAs. The RSI is above 50 and the KSTY recently had a positive crossover. These technical indicators support the bullish view on XLM.
Recommendation
The recommendation will be to go long at market, with a stop loss at 0.28 and a target of 0.4. This produces a risk/reward ratio of 1.59.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. Currently I have a position in XLM.
XLM/USD chartXLMUSD pair looks ready to take off, we hoping to break the down trendline and the weekly zone as indicated on the short clip video, and then we have i hight probability chance to our fib target $2.65. happy trading
STELLAR +125% OR -55% down possible. Cup & Handle forming. Namaste everyone.
Stellar seems to be forming a Cup and Handle pattern which if completed it could probably test the previous ATH.
As usual a confirmation is a must - close above the resistance which is the red horizontal line and quite possibly a retest to it.
Once confirmed the price should start rising to meet expectations.
Between 0.43 and 0.47 seems like a good entry point to me once the pattern has been confirmed.
Sell targets are the green dashed lines.
If the price fails to break and hold above the resistance level and is rejected by the resistance then a drop down to the support level is expected (orange horizontal line).
As always this is not a trading or financial advice.
This is only my observations regarding this market.
Please do your own analysis and due diligence.
If you agree with my idea let me know :-)
