XLMUSD.P trade ideas
XLMUSD Analysis November 28, 2021We 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 weekly timeframe we can see that price is coming towards a key level of support at the 0.28 mark. I expect price to drop lower until it hits that area.
XLM Retesting highsOnce we see a drop of the price to the support level on the fib, I expect up from here retesting highs.
XLM high volatilityXLM for a year now, has seen many price fluctuations, but the price is still at the same similar level, this shows how strong and stable this cryptocurrency is now, the silence around XLM should only be a sign for long term investors
$XLM on $XLM charts looking the perfect cup and handle pattern.
we been consolidated for 3 years since January 2018
and very sooon it will blow off the top since its altseason right now
XLM is clearly in somebody's golden pocketThe worst case scenario as it relates to my previous idea:
We could just head to .29....like now
Inverse head and shoulders
Hello friends,
Is XLM a Safe Cryptocurrency Investment?
Yes, I think, there is a lot of room for growth in XLM, why?
The lower the "recovery", the better! Because when the recovery is low , it gets the attention of more traders who were out of the market (newcomers to the market).
Real breakout:
You should watch for a large spike in volume to confirm the real breakout. Then, the investor enters on the first break of the neckline.
Follow updates.
XLM/USD Possible wave countXLM has shown some resilience here, wicking down into the demand area when Bitcoin and other are having deeper pullbacks. I've struggled making sense of this Elliot Wave count. I'm recently re-reading a Stellar trading book [ haha, see what I did there ;-) } that has a small section on Elliot Wave. The author offers a great reminder to not get overly caught up in the Wave Count, or Structure Identification. Although I'm considering this correction as a Double Three. His advice is simply this: Overlapping Structures are corrections, big impulse moves don't overlap. This is the only count I can make sense of where WAVE 1 is clear, the rest is choppy overlapping nonsense. .42-.44 is our trigger. I would suggest a weekly close above before we really load the boat. But, I'm also going to try and get some in early if it can hold this upward trendline with a tight stop.
Not Financial Advice
Stellar Lumens XLM Breakout Chart PotentialsIn this video I show two channels within a bigger triangle for the stellar lumens xlm chart and what possibilities we could see arise from now until April of 2022.
Neutral. Watching for entryXLMUSD PA in middle of horizontal channel, above TL. Neutral. Watch for bounce off support or breakout above channel resistance
XLM LongIf XLM breaks through .35 resistance this should become a support. The channel is flagging let's see where it goes.
XLM LongI see XLM has reached the 200 MA and is at support. It looks like it is consolidated well in this channel and is ready to rise again. The RSI is at a great entry level and the coin has the potential to grow again.
COLOSSAL INVERSE H&S on 15/30m chartsIf thy seat hath not be in the upright position; BETTER CORRECT THAT. If thy belts of seating are not yet fastened, BETTER CORRECT THAT.
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CH 2
WE HAVE THRUSTERS….
XLM - Good Opportunity (Target $2-2.75)Hi, this is my new update for XLM. We have been in correction mode for 192 days and I think the bullrun for XLM is not done yet. Now we are in one of the most beautiful parallel channels in the history of cryptocurrencies and we have tested both trendlines multiple times. I expect we have one more push in XLM, that will give us more than 500% gains and I found the target $2-2.75 from both the parallel channel and the 4.236 Fibonacci extension. We are now fighting with 50, 100 and 200 day moving averages at the same time and we have a big resistance around $0.42, but I expect once we break it we are ready to takeoff. So be patient and don't panic. Good things take time ;)
Potential Ascending triangle on XLMFresh Post Monday Fun
In trading it is very important to have several mental models in mind. You can not be biased and in love towards 1 scenario you WANT to happen.
we have a beautiful ascending triangle which can be recognised by a ceiling and a sequence of higher lows.
Important to note is that patterns occur on every timeframe. What happens on a smaller timeframe is less significant than what happens on a bigger timeframe. So if we see an ascending triangle on the weekly chart ( high timeframe ) you could be thinking about a semi long term bullish run for xlm.
But like I said , you can not fall in love with that scenario so you have to make mental models if something else happens. Outlined are 3 scenario's that can happen and you need to plan in advance how you are going to adjust your strategy if you were right / wrong about your model.
Which model do you like best ?
Nova
Stellar Analysis XLMUSDAn analysis for XLMUSD using Gann and Fibonacci circle
The fib circle shows a clear passage through 2.618 following a previous rejection at this level (red arrow), this could lead to a breakout
The gann portrays the length of the bear and current bull run
Price is also sitting right above 0.618, which is established from the previous ATH
We still have some steam (steem) left in the tank for the bull run
Happy trading
XLMUSDWhat do you think? Does Stellar break the channel ceiling like before and go above $ 9 or react to the channel ceiling which is about $ 3.3? Please comment.
XLMUSD Analysis November 21, 2021We 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 weekly timeframe we can see that price has rejected the 0.40 level which is a significant area of resistance. The weekly candle is yet to close but at this rate it looks like we could be heading much lower.
On the h4 timeframe we can see the trend is clearly bearish. We just formed a LH so now is the perfect time to sell and target lower.
XLM LAMBO LOG SCALE ANALYSIS !!! IT"S ABOUT TO GO DOWN!!! What's up trader's, investor's and all the moonboy analysts out there! Everyone loves a great honest moonboy chart with Precision targets on a log scale! Why pay someone for technical analysis when you can get free log scale analysis from me!! This is where XLM is most likely going within a year or two. As you can see, XLM is about to go to the moon that the fib extension tool doesn't even go that high. I love log scale analysis because it gives us the ability to defy the laws of our wave extensions and make up our own targets with precision! Remember to set your stop losses as this is not trading advice. Only invest what you can afford to loose. I'll see you guys in another galaxy real soon! Good luck and happy trading!!
XLMUSD STELLAR LONGIdea: Long position on XLMUSD. Weekly chart showing nice test of ascending strend line, price is getting squeezed upwards towards the 0.40 level. The weekly candle has also wicked close to the 50 SMA and had nice reaction. Hoping trading volume picks up, price breaks 0.40 and bullish move continues to previous ATH region of 0.60.
XLMUSD, XLM USD 4 hour support and resistence zone, buy signalsNow its correction is very probably. Very good zone for buy long is 0,3695 by volume proffile (point of control)
After that very strong support zone for buy long is 0,3160 and lower...
