XLMUSD.P trade ideas
XLM/USD Daily M patternFundamental: The COT data for Bitcoin is net long, and the largest amount shorts were closed since beginning of January. Banks are taking profit on their short positions from the bear run. XLM correlates with Bitcoin.
Technical: There is a daily M pattern that has formed depicted in white (bullish). This pattern completes at the neckline depicted by green. The weekly chart has printed a inverted head and shoulder depicted by blue (bullish). Lower timeframes will be analyzed to determine entry point.
XLM potential massive gains soonThere's a possible reverse head n shoulder pattern and if the 5 wave pattern follows the 3 scenarios (blue red white) we'd be look at some massive gains to the upside.
XLM Breakout.What are you doing guys we are just got a new bull why are not you buying . XLm going to $3 . Don't hassitate to buy grab and sell at 10x the bull is on the road. OmG don't misss the bull market.
XLM/USDT momentum favours upside?After spectating the market movements today I decided to initiate a further position. XLM/USDT may go upwards from current region to test previous support at $0.20.
Double bottom has been set on the charts. RSI and MACD also point to a potential upside move.
This is not financial advice.
Stellar Lumens Daily AnalysisStellar Lumens’ price has been on a steady decline since April 4, 2022, when it has lost over 20 percent of its value. However, in today’s trading session, the cryptocurrency is showing signs of a bullish trend, gaining around a percentage point.
Unsurprisingly, in the last 24 hours, the cryptocurrency has seen its trading volume fall by 28 percent. This has brought the total amount of money used to trade in the last 24 hours to about $338 million. Although the trading volume is still significant, a 28 percent drop can impact a cryptocurrency’s price, causing a fall in price.
The daily chart below shows that Stellar Lumens is in a strong, bearish move. This includes the fact that it has been trading within a descending channel since late last year. The chart also shows the prices recently hit the upper trend line of the channel. The prices are also coming down from the upper trend line resistance level.
Therefore, even though today’s Stellar Lumens price looks poised to gain in the markets, it is still in a strong bearish move. Today’s upward move is likely a market correction. My Stellar Lumens price prediction is a continuation of the long-term bearish move with a possibility of hitting the $0.16 support level.
Xlm showing bullish outcome in near fututre Xlm is in a falling wedge pattern which will breakout shortly we might have one more drop before we finally break. Good area to accumulate. Xlm will be massive long term with the iso 20022 launch in near future.
3-2-1 BlastoffStellar Lumens is testing a key resistance at $0.243, if this can be flipped we're looking at some huge targets.
$0.341
$0.393
$0.425
I really would not be surprised if we blasted right through like on January 6th, 2021
Stellar (XLM) - April 8Hello?
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(XLMUSD 1W Chart)
Primary resistance: 0.287263-0.307301
Secondary resistance: 0.402523-0.439998
Support: around 0.124080
We need to see if we can break out of a bearish channel and lead to an uptrend.
(1D chart)
(buy)
- After confirming the support near 0.228422
(Stop Loss)
- When it falls below 0.201066 and then receives resistance
(Sell)
- When resistance is received in the 0.287263-0.307301 section
- When resistance is received in the range 0.402523-0.439998
However, if it rises above 0.429421, there is a possibility of a sharp rise, so careful trading is required.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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XLMUSD ❕ at the resistance levelThe price is at the resistance level. I expect consolidation, and after fixing above it and growth to resistance levels.
XLM/USD chartwe see little retracement on the XLM/USD day chart, forming a bullish pattern inverse head shoulder formation, if we find support on the 0.17- 0.19 cents level that should complete the formation pattern and we hope to see the market reverse back to the up side, short term target 0.40 cents level :)
this coin is STELLAR and should moon soonits going to surpass the proce target of $1.50 easily and continue onwards chaning lives. this one will be big.
XLM Stellar Lumens: 1M Chart ReviewHello friends, today you can review the technical analysis idea on a 1M linear scale chart for Stellar Lumens (XLMUSD).
Stellar Lumens price on a monthly chart moved past the recent resistance and looks to head higher. Fibonacci Retracement levels shown along with 200 SMA and RSI.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Xlm update - 01/04/2022waiting a broke above 0.25714 to confirm that the bottom is in place and XLM in wave (3), critical support at 0.162
XLM/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
Chart update from the 4h to daily. We went below the accumulation zone for my prediction and we've been accumulating for a year now. Teal wave is current cycle and pink wave is sub cycle. The wave counts have been adjusted and if this count is correct the pink waves are the predicted waves to watch out for.
Wave 3 target remains the same: $1.25 area
Sub cycle wave 3 target: $1.00
RR: 5.15
XLM chart is absurdly bullish and the bottom is in.I've been long since $0.17 $0.22/0.23 is still a great entry. I've been moving more and more of my portfolio into XLM.
XLM tapped the 200 week SMA on the market cap twice. Found support on the price chart near the 300 week SMA.
XLMUSD (4H) Bullish breakoutHi Traders
XLMUSD (4H Timeframe)
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 0.241 resistance level. Only the downward break of 0.226 would cancel the bullish scenario.
Trade details
Entry: 0.241
Stop loss: 0.226
Take profit 1: 0.250
Take profit 2: 0.265
Score: 7
Strategy: Bullish breakout
Weekly BottomXLM hit the bottom of the weekly range, with bullish divergence and BTC restarting a potential bull run.
XLM - CUP & HANDLE FOMC making me excited and bullish on Crypto by the looks of these charts.
i know numbers here look absolutely crazy, but lets wait and see if we hold support and break trend!
also seeing XLM/BTC & ETH it sure looks good
Trade safe all.
