Stellar-XLM-Bullish SetupXLM/USD looks to be getting ready to break out. Good bullish structure and longterm trend line test. Targeting $1-$1.20 for this run up.
XLMUSD.P trade ideas
Extremely bullish
Hi everyone.
The trend is obviously bullish (The market has completed a down leg and is now rising), resumption of the uptrend is expected.
$XLM Stellar Bearish SharkType 2 return with bullish divergence on the smaller bullish shark but again, with many of these alt coins, the bigger picture here is going to be larger bearish Shark wave structure, where we would be looking for an .886 return eventuallly. Above .20 cents, we could see .40 cents pretty fast.
Final Moments To Catch Stellar Lumens XLM At This SupportHi friends, hope you are well, and welcome to the new update on XLM.
Falling wedge:
On a daily time frame, XLM is bounced from the support of falling wedge pattern with bullish divergence.
Broke out broadening wedge and a re-test:
On a 4-hr time frame, Stellar broke out the resistance of a broadening wedge. Now the priceline is testing the resistance of this wedge as support. There is also a 50 simple moving average support as well.
Tested strong support:
On a weekly time frame, XLM has already tested the $0.18 support and is also likely to form a double bottom as well. Once the priceline will be able to breakout the resistance of the falling wedge
which is formed on a daily time frame then it can reach the big resistance of $0.44.
Conclusion:
If XLM successfully re-tests the resistance of broadening wedge as support and starts a bullish reversal move from here, then there will be a high probability for the breakout from the falling wedge as well.
XLMUSD Falling Wedge Falling wedge pattern with Class A MACD and RSI bullish divergence on the 1d chart
A look at the monthly in anticipation of the July closeThis is how I am seeing and trading things. Not financial advice, I just use trading view as a 'captains log' for post hoc analysis.
The July monthly close in this Sunday. Things are looking spicy as we could see a clean back test of some fairly signifigant historical levels (grey battle zone). If it does rally and close above this zone, it would also print a bullish doji. A break to the downside of the grey zone would start telling me a bearish double top story. Nevertheless, I often see signifigant movement on the monthly and weekly closes so that the charts look nice. Given that my overall outlook on the market and BTC is to the upside on the multi-month timescale, I my expectation is that Sunday's close is above the battle zone.
Stellar Lumens XLM Big Double Bottom With Bullish DivergenceHi friends, hope you are well and welcome to the new update on XLM.
Broadening wedge:
On a 4-hr time frame,XLM has reached the resistance of broadening wedge:
Falling wedge and bullish divergence:
On a daily time frame, Stellar has bounced from the support of a falling wedge. There is also bullish divergence flashed, as the priceline is forming lower low and RSI is setting higher low.
Double bottom formation:
The priceline is also forming a double bottom at $0.18 support.
Conclusion:
If the priceline of XLM breaks out broadening wedge, on a 4-hr time frame, then there will be a high probability for the breakout from the bigger falling wedge 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
my XLM price targets. Detailed but simpleThis is how I am seeing things. Not financial advice, I just use trading view to keep an immutable log of my perspectives to look back on.
The simplest zoom out view is that xlm is in an ascending wedge pattern, and a conservative measured move break from this would take the price to about 7 bucks. Of course we can define the triangle wick to wick on the top side for a more optimistic price of about 16 bucks. I do think this upper range is unlikely right now because it doesn't line up with the other simple looks below.
Next up is a look at some fib extensions. Notice that the strongest move last cycle came in after a back test of the 20 month simple moving average. If we set the fib so that the .236 lines up with the swing high and the 0 lines up with the back test, there is a pretty good estimate of last cycle's high. Also note that the 1 line is spot on the long term support and resistance zone that we are currently battling, and that level has been important for years.
There is also a cheeky little channel that can be drawn that points to the same target zone.
And finally this is all consistent with the XRP price targets and my XLM/XRP ratio expectations
XLM - looking bearish to me !!Break-down out of triangle.
Back-test
Downward move.
MACD cross down on the Monthly time frame.
NOT pretty to watch.
XLMUSD (4H) Bearish breakoutHi Traders
XLMUSD (4H Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 0.1935 support level. Only the upward break of 0.2115 would cancel the bearish scenario.
Trade details
Entry: 0.1935
Stop loss: 0.2115
Take profit 1: 0.1850
Take profit 2: 0.1680
Score: 6
Strategy: Bearish breakout
Pressure Forms Diamonds - Make or BreakNot financial advice. XLM seems to have been following the mid 2017 bull cycle fractal but since the crypto market has grown and their are more willing buyers/sellers the longer it can take to play out. That's how markets are typically but as long as the price holds up and doesn't smash through support deviating from the fractal we could potentially see a big bull run.
Important Support Area: 17-18 cents
Another reason I believe this may happen is because if the United States imposes sanctions and kicks Russia off of the Swift bank transfer system they may find an alternative method. Ukraine is actually working on their CBDC using Stellar so in general we may see a wider adoption of these technologies this year and in the future. We may be heading down in the short term but it really just depends on Bitcoin of course.
If Putin invades Ukraine this will likely be a major transitional time in history especially if the United States stock market collapses. On the Brightside throughout history after bubbles pop the money never seems to go away it just goes somewhere else but it can be tricky when other markets could see short term pain.
I am bullish long term on XLM regardless of the short term volatility.
I wish everyone the best luck
XLM could be the trade of a lifetime.If you are in the Crypto world and don't have a bag of XLM, I believe you age going to miss out on a sleeping giant.
the partners of XLM and big brother XRP look like it's out of a crypto fairy tale for the consumer.
We are seeing the only opportunity that I know of in history that the average person gets to get in on the same level as the financial institutions.
Believe it or not, this is happening directly in front of us all. CBDC's are going to happen in a decentralized fashion and the winners of the race already crossed the finish line. We will see the new and improved Quantum Finacial System rolled out in the coming years. A new form of SDR's and it will all be seamless to operate settling payments anywhere on the planet in seconds with On-Demand Liquidity.
bankers are here to stay. Be brave and take the opportunity to get in on the same level as the "big banks'.
fintech of the future is within our grasp.
XLM To New HighsHere is a beautiful swing trade opportunity with multiple confluences on XLMUSD.
After stop hunting equal lows on the daily, we can see smart money accumulating orders for a few days and impulsively breaking the range, indicating that they are ready to go long again.
This morning they returned to there accumulation to mitigate orders before going long.
My target is new uncharted territory and the old daily highs, with the ISO20022 protocol, as well as the future of crypto as a whole, this is realistic in my opinion.
You can find reentries based on institutional concepts.
DISCLAIMER
THIS IS NOT FINANCIAL OR INVESTMENT ADVICE AND SHOULD NOT BE INTERPRETED AS SUCH.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
XLMUSD Forecast : Pullback to HighsHi,
The price is expected to do a bullish pullback and rise towards 0.228690 and 0.237881.
.
Khiwe
On this profile page, the shared analysis, ideas, and strategy of a chart belong to Khiwe, with some being influenced. The technical setups are speculative; they are not guaranteed for accuracy or completeness in the form of any content, and they are not intended to provide financial market advice. Please apply your own analysis and confirm it with price action.
XLMUSD could pop or find a lower supportI use TA to show how the support level for XLMUSD has been .196 and respected. Set a limit order for .199 and SL at .192 and follow throughly. Disagree? Lmk why and maybe Ill learn something here.
XLM breakout must come soonOver the last 24hours xlm has finally reached major double support area . EWT also lines up not to mention the 3 touch bullish divergence . A lot of alts have reached important levels these last few days and btc has also successfully retested the 41670 support. This is a warning for whats to come. This analysis holds true as long as buyers hold control off this support for the remainder of the day.
Stellar XLM USDT Cup & Handle pattern (1D) 50% t/p achievable !This idea is based on a Cup & Handle pattern with t/p as indicated once support zone is breached. S/L below the trend line. I think XLM has a huge potential is brilliant when transferring crypto cheap and fast! I have published my analysis for this crypto few days ago but look at that- the pattern is still holding and with 50% to earn would be a shame to miss it
Do take this as just an idea not a trading advise, protect your capital place s/l
Long XLM StellarBreakout from triangle with great volume, waiting for pullback to retest with price action confirmation.
Targets are previous resistances as shown by blue lines on the chart.
SL below the market structure
Stellar (XLM) - February 10Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XLMUSD 1W Chart)
(All: )
It needs to move above the 0.2926 1600 point to turn into an uptrend.
However, it should move above the 60 SMA level to accelerate the uptrend.
0.4029 3161-0.4479 The 8284 section is expected to receive primary resistance.
Keeping the price above the 0.2343 8790 point is paramount.
However, it may temporarily drop near the 0.1642 0803 point, so careful trading is required.
A decline from the 0.1642 0803 point could lead to below the 0.0777 8453 point.
(1D chart)
Since a volume profile section is formed near the 0.1855 4008 point, it is important to maintain the price above this section.
-------------------------------------
(XLMBTC 1W chart)
0.0000 1103-0.0000 1288 or higher: Expected to create a new wave.
You need to make sure you can get out of the bottom section by climbing above the 0.0000 0746 point.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for 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.)
---------------------------------
STELLAR is on bearish momentum! | 11th Feb 2022Prices are on bearish momentum and abiding to our descending trendline. We see the potential for a dip from our sell entry at 0.24297 in line with 23.6% Fibonacci retracement and 23.6% Fibonacci retracement towards our Take Profit at 0.18815 in line with 78.6% Fibonacci retracement. RSI is at levels where dips previously occurred and prices are trading below our ichimoku cloud resistance, backing our bearish bias.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
XLMUSD ❕ The price reboundedThe price rebounded sharply from the level.
The price does not find the strength to re-test the level and continues to move down.
I expect a fall to the support area.
Have a nice trade!
Your Solldy
