XLMUSD.P trade ideas
One more dump and then pump!!!!!?!!!? Didn't see any bullish divergence on the drop or recovery which leads me to believe we need to at least double tap the bottom or go a little below it.
Trends and Entries, XLM On RiseHi There,
There are some market gurus who will tell you not to overthink. As in the case of this one, the price of XLM is in a bull trend, so you will look for bullish opportunities to buy into the trend, as simple as that.
But then, the price is neither simple nor stable like that. There are price reversals that happen in the market which could run you to losses. So despite what some gurus tell you, the financial markets do require you to overthink.
Right now the price is falling here, it has the potential to fall all the way to the 0.380000 level, and if it breaks that level, it will fall even further down to potentially test the bullish trend-line. But until that happens, the price is bullish.
So there needs to be a supported pullback to the bullish trend for an entry. If you wait for a second candle to appear and confirm it with the candle that comes after it so as to enter the bull-run, that will be a nice theory but a miserable way to approach it. That is because each life of a candle does not mean it will support the bias of a trend.
To properly enter a trending trend is, therefore, to estimate which level has the highest probability that it will hold a pull-back, and for now, it is this level 0.397087 should the price fall.
0.474946 is our directional bias for a potential tp of 0.444445
.
Khiwe
On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; -it is not to advise on financial markets. Please apply your own analysis and confirm it with price action
potential 9$ XLMchannel supported
past proves future , future proofs past
paterns tend to repeat itself
buy dips if you can, always dyor before investing
Stellar Lumens Correction Completes .30 might as a bullish reversal zone.
Target .50 on the next wave higher
Cup & handle break in progress?Hello fellow traders,
A potential break is forming of the cup & handle pattern and 200MA on the daily timeframe. As always wait for confirmation.
This is not financial advice.
XLMUSD Retrace to .315 and then .28. All in @ .28I suspect XLM will drop with BTC coming off to the .28 level which should be at or around the 50DMA. At that time the bullish run will resume in a pretty furious pace.
ARIASWAVE MARKET UPDATE - NASDAQ\DOW JONES\USD\BITCOIN\XLMIn this AriasWave Market Update I run through price action that has happened in the last week since the previous update.
We can see that things are starting to evolve in the way that I have been saying they will.
If you learn to read the waves then you have a higher chance of understanding what price action really means.
I also go through some AriasWave channelling basics in order to highlight the value behind it.
There is no need to act our of desperation in these markets because they follow a predictable pattern called AriasWave.
Not to be confused with Elliott Wave which is a highly subjective way view market price action.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
MY MINIMALIST CHART ANALYSIS FOR $XLM9.7.21
My Minimalist Analysis of $XLM
Indicated are key levels of support and resistance using small and large range boxes TO ENTER A SWING TRADE (Short - Long).
Watch out for patterns, EMA, Candlestick Math, and your Fibs.
Further Analysis on price action is required on a 1HR-4HR chart when entering or closing a trade, depending on your risk appetite and trading style.
Disclaimer: The findings/predictions of the following analysis are the sole opinions of the publisher of this idea and must not be taken as investment advice.
If you like my published ideas and for more daily analysis, you can support my work by pressing the like and follow buttons on Trading View and Etoro Platforms.
Thank You for your appreciation and support.
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etoro.tw
XLM TechnicalsI've been getting into trading smaller cryptos recently, and I've found XLM to be an interesting one so far.
What I've been seeing in the past couple of days is a strong setup for a short-term move to the upside. Currently, there has been 1 divergence in the peaks of the oscillators and a confirmation of the upward trend in the troughs. This I believe, suggests that the price action will continue moving into the upside for the next couple of days where a peak may form around the 0.43 or 0.55 USD areas; where after one of these points we can expect a retracement down.
Further supporting this movement is a soon approaching golden cross of the 50 and 200 EMA's which is being supported by slowly growing trading volume over the past couple of months. I would expect this bullish move to last a couple of weeks with a number of smaller moves up and down as the whole wave builds itself but as a swing trader I don't mind the little fluctuations; I might even add onto my position if momentum proves to be stronger than anticipated.
It is difficult to forecast further as we don't have too much information but from what I have observed, there has been positive momentum in my positions in the past week.
Remember, this is only an opinion and I am more than welcome criticism and comments.
Thanks for reading, happy trading!
Note: I have a position in the 34 cent area, so my perspective may be a bit biased.
Stellar (XLM) - September 6Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(XLMUSD 1W Chart)
If the price holds above the 0.16420803-0.23438790 range, it is expected that the uptrend will continue.
(1D chart)
A move above the 0.44798284 point is expected to accelerate the uptrend.
However, the 0.40293161-0.44798284 section is a resistance section, so it is necessary to check whether it breaks upwards.
If it falls from the 0.23438790 point, you need Stop Loss to preserve your profit.
Don't try too hard to know 'how far will it rise...'
The most important thing is at which point and in which section the average unit price is formed.
Buying when it's rising is just as risky.
Therefore, if it is confirmed that it is receiving support by falling, and it rises in this support area, you should proceed with a full-fledged purchase.
Therefore, in this chart, a full-fledged buying should have been made in the range 0.29261600-0.32832969.
It can be said that buying at the current point of reaching the resistance range of 0.40293161-0.44798284 is high risk.
If it fails to break above the resistance zone, it is possible to touch the 0.29261600-0.32832969 zone again.
Therefore, it is recommended to proceed with buying when the resistance zone is broken upwards and support is confirmed.
Therefore, it is recommended to proceed with buying in the 0.44798284-0.51004646 section.
However, if you look at the overall price position, you need to adjust the investment because it is located in the high point.
Buying in the highs is more risky.
In addition, since there is a high possibility of large fluctuations in the high-end section, it is because trading is carried out in a psychologically unstable state.
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(XLMBTC 1W chart)
You should watch for any movement that deviates from the 428 Satoshi-1288 Satoshi section, which is the bottom box section.
(1D chart)
It remains to be seen if the 731 Satoshi-817 Satoshi section can support and rise.
If it falls from the 731 Satoshi point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
If the price is maintained above the 817 Satoshi point, it is expected to turn into an uptrend and rise.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, 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 regenerate themselves.
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** 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 the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** 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 the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Xlm 43% gains!This trade is based on a cup and handle pattern, a bullish cross of the MACD line over the signal line, the volume being bullish and the rsi in bullish territory!
Have a green week!
xlmusd daily scaleCurrently, it can experience growth up to 0.47 if the 4-hour downtrend ceiling breaks, but depending on the chart behavior, it can experience a downtrend in the range of 0.2 to 0.22, and if the downtrend continues, the next support range 0.094 to 0.103.
To rise in price and get rid of the resistance areas ahead, it must have a strong and successful break above the 0.48 limit to be able to reach the $ 1.1 range and then move to higher numbers in the medium term.
Time analysis targets are also indicated in the image.
XLM Rounding bottom accumulation break out. Hidden bullish divergence here on the Daily, while breaking above a critical inflection point. The RSI is entering the bullish control zone as well. 57 and 65 cents would be the next major targets, after some short term profit takers likely at .43, and .50.
xlmusdxlm facing strong rejection at the resistance zone weekly looks kinda bullish if we get a close above 0.39 cents tomorrow or next week it could easily +100% keep an eye. i think it will depend on what btc does , btc battling hard at 50k zone , if rejected could fall hard soon, if not could easily head higher, and xlm usually moves with btc at times. but just my opinion here , good luck
XLM rise upI can see a very nice cup and handle that is good time to invest on XLM
good luck
give me your ideas too
Had my TA on point nailed the price actionsI had been watching this for so long enough i found the end on this. Was able to find price action within my TA pretty amazing how these tools are here to practise Techincal analysis
[XLMUSDT W1 Sept 2021]STELLAR // XLMUSDT // XLM
👉🏻 Buy opportunity upon breakout.
All crypto chart analysis are prepared as an idea for your reference
XLM Inverse Head and Shoulders, Big Gains Could Be AheadXLM does appear to be in the same pattern as other alts, (IHS on daily time frame) and this works out to some pretty good profit potential. If I have calculated correctly we are looking at a possible 70- 100 % gain if the pattern plays out. This is not financial advice.
Broke out of local wedge waiting fro $0.40 levelXLM made it out of local wedge and is now setting up to test $0.40 if this resistance is broken chances are high we will see rapid up movement to its original trend line.
If resistance holds then decline to $0.24 is possible.
Keep an eye on RSI if it begins to decline towards oversold, we are unlikely to break $0.40 level and this upward movement is likely to be short term.
