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XLMBULLUSD trade ideas

Ascending Triangle: An ExampleThis is a beautiful example of an ascending triangle and we all know ascending triangles are usually a bearish pattern. The interesting thing is price broke down below the support trend line but managed to break out above it right after and hit the resistance line of the pattern. Now price is seeing rejection again. Realistically, there are always two scenarios. A breakout or a breakdown. Since I already mentioned this is a bearish pattern and seeing rejection at resistance, it puts us in a position to not wait for the 40-43 cent resistance. The reason I said there are always two scenarios is that even with this bearish pattern on the table, I still think if price manages to stay oversold for a few more days or a week, we may see a breakout of this ascending triangle rather than a breakdown. I have seen bullish breakouts in ascending triangles in bull markets before, so that’s why I can’t say for sure where price is heading. All I know is a breakout or a breakdown is gonna help us track down the direction of the price movement.
COINBASE:XLMUSD
by Se7enSkies
1
Ascending Channel???I posted an idea about a potential ascending channel yesterday. I changed the way I drew the ascending channel. I’m still not sure if this could be called an ascending channel or not. I’m just playing with the chart here. Anyway, let’s assume that it is an ascending parallel channel. Price needs to hold itself above the support line of the channel. You can see I’ve drawn a black line. That is a good support and so far price has been able to hold above it, but if price does not manage to hold above that black trend line and breaks below it, then we may see more downside movements. In my opinion, so far, the support levels have been respected. If price manages to stay within the boundaries of the channel, then I think we may see the top of the channel once more. I also have to mention that on the 3H RSI chart I can see a bearish divergence, which is a warning for those expecting to see higher prices. At the same time, XLM has been undervalued for so long and that may cause the asset to stay in oversold territory for a bit longer. Everything I’ve just said in this post is all speculation and guesswork, so if you open up any short or long position based on my charts, it is very likely that you’re going to lose your money, so don’t take these posts seriously. 90% of my analyses and predictions are WRONG and I have lost a lot of money in the market, so go find your own methods to trade. You’ve been WARNED.
COINBASE:XLMUSD
by Se7enSkies
4
XLMUSD - Reality Check - Wave E Almost Complete...In this video, I highlight that I previously predicted this might go higher in the XRP video (but not above all time high), which I’ll link below. We all want to achieve financial success, but relying on hope isn’t a strategy. Instead of following the crowd blindly, take the time to learn how these patterns work. If you have any questions, feel free to ask—I’m more than happy to explain why I believe XLM won’t hit an all-time high until this zig-zag wave A is complete. Stick around to learn more, and think carefully before posting negative comments—they typically don’t go over well here especially when I end up being right again and again. This is not financial advice. (Why? because I want you to lose your money so you can learn the hard way.)
COINBASE:XLMUSD
by AriasWave
4
Ascending Channel?Difficult to call it an ascending parallel channel because there aren’t enough data point, but let’s go ahead and call it that for the sake of simplicity. Price has clearly broken below the ascending parallel channel, but the interesting thing is that price is trying to force itself back into the channel even though the support line of the channel is now acting as resistance. So price needs to break above this resistance to get back into the channel which would amplify the probability of another mini parabolic rally that would take us to 40-43 cents. I will turn bullish if price manages to force itself back into the ascending channel.
COINBASE:XLMUSD
by Se7enSkies
3
The Struggle Is RealPrice seems to be struggling to create higher highs at the moment, but at the same time it has held onto the orange support level very well. The more price heads towards the orange support level the higher the probability price will break below the orange support and head to lower support levels. Now if price manages to hold here and creat a mini parabolic structure, then I believe we may see 40 cents. I also need to mention that the 3H RSI (not shown in chart) has created a bearish divergence, but during violent bull markets, the bearish divergences don’t work out 100% of the time. I’m posting this idea for fun, SO PLEASE DO NOT TAKE THIS IDEA SERIOUSLY. JUST STUDY IT IF IT IS USEFUL AND MOVE ON.
COINBASE:XLMUSD
by Se7enSkies
13
Stella is it the time for continuing the uptrend or?The situation now is The chart is at the 23% resistance of last top so we may see small correction till 20 cents and going back up again There is small diversion on the volume but still good coz the correction till now still less than 50% for the current high We can raise our shares after breaking this resistance up and closing at least 4h candle to be sure although the market is bull market but analysis still same Our primary Goal is at 63 cents and when it will reach its target we can put new points at that time
BINANCE:XLMUSDLong
by MohammadAlajami
4
XLMUSD - Ongoing Correction Before Lumens Move Lower...In this video, I revisit the XLM analysis to share my latest insights on its current pattern as we brace for a potential global market crash in the coming months. I anticipate a sideways correction in XLM over the next few weeks, setting up for a deeper move lower as part of the larger Wave A zig-zag pattern. No opportunities have been missed in this crypto, as it likely hasn't performed the way many expected. Despite the recent surge in Bitcoin, some are becoming overly bullish too soon. According to AriasWave analysis, Bitcoin is nearing its final move before a significant downturn. I'll be tracking these developments closely to pinpoint those moments as they unfold. This is not financial advice.
COINBASE:XLMUSD
by AriasWave
7