XLM silence before the storm?XLM is a very quiet project, it continues its calm trend, despite great fluctuations in the market, it shows remarkable resistance to the influence of BTC. As you can see, XLM needs more time to show a strong uptrend
XLMUSD.P trade ideas
XLM Forecast Daily TimeframeHey guys today i lets take a look at Stellar Lumen, in the month of May 2021 XLM broke its ATH of the 2017 bullrun of $0.50 and set a new ATH of $0.79, and since then it has retraced setting a new LH of $0.20.
When look carefully you can see that there is that BB(similar ti inverse H&S) again, a break in our $0.40 resistance will confirm our BB and we will be looking at new ATHs.
Do you think it will happen ?
L.M
XLM - MASSIVE ACCUMULATION IN PROGRESS - CryptoManiac101XLM / USD TA
Looking at XLM, I can't help it but get a feeling we still have a few weeks or even a month for the 'meme' coin frenzy.
Sell XRP - buy XLM !!You will wonder !! How can he say 'sell XRP' when he has been holding XRP for years (and topping up his holdings constantly) ?
Now that SEC case is approaching resolution !!
Last time I bought XLM (selling XRP) was October 2019 - I bought 4 XLM for every XRP that I sold !!
Then I sold XLM (buying XRP) just when the SEC case began at Christas 2020 - WHEN 1 XLM BOUGHT ME 1.5 XRP !!! THAT WAS A DEAL !!
Now that XLM XRP pair was approaching the green box I intendet to sell 12.5% of my XRP to buy more XLM (mild trade).
I made a mistake and the move became aggressive !! I tradet 25% of my XRP for more XLM !!
I was almost regretting my move when I found some very interesting details:
LOOK AT THE GREAT PICTURE !!
XLM XRP is forming a BIG inverse Head & Shoulders pattern !!
We are now at a low point in the ratio forming the right shoulder !!
This low point corresponds at the apex of a bullish descending wedge (yellow formation)....
... of which the ratio just broke out and backtested this morging !!
Backtest was successful because after the short XRP rally, XLM is againg taking the lead !!
I GENUINELY THING WE ARE IN FOR AN XLM SURPRISE !! (But keep cool - still my portfolio is 45% XRP)
But now my XLM holding has been augmented from 8 to 25% !!! Whish me good luck !!
Triple your moneyOnce it breaks above .46 and stays above it, it can triple the money !!! .44 is your SL.
XLM IDEAJust a study work. Let's see what will happen.
" DO YOUR OWN RESEARCH"
"NOT FINANCIAL ADVISE"
XLM - From a contender to a has beenJust the charts. Clear rejection and inability to follow the leaders BTC and ETH into breaking all time highs. Short FIAT but if you want to short Crypto, XLM is a good has-been.
XLMUSD - Price Action Has Been Consolidating For A Move HigherWe are still waiting for another move higher for XLM.
Some clues has surfaced regarding what we could possibly be looking at here.
It seems a little strange that we have been consolidating for this long only to have a small pop to the upside.
In this video I explain why this is the case.
In this type of move it is not exactly easy to produce a target however tracking the waves will suffice.
In a nutshell there appears to be more Wave 1-2 subdivisions in this current move than in any of the previous 5-Wave moves.
In my opinion this provides a valuable clue.
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.
XLMWe could get an impulsive 5 up soon, XLM has broken out of the triangle and appears to be done correcting. As long as BTC plays nice we should get 5 up back to ATH soon.
ascending wedge on 1H timeframe for XLMUSD chartHi Everyone! Short term trade detected. Despite on global bullish picture on senior timeframe for xlmusd , i think price can test dynamic descending trendline which was broken out couple weeks ago (yellow on the chart) or global ascending trendline (red) if bears will be more aggressive. We see on 1H timeframe ascending wedge pattern which signals about local bearish sentiment. But it can be also another bear trap and a lot depends on the movement of the bitcoin price, so don't forget about risk management.
For longterm i'm very bullish about xlm .
Entry: after breaking out support line. TP 1: 0,3150. TP 2: 0,2970.
XLM Truncated double bottom, blast off incoming!Momentum has been gathering on MACD. Looks bullish on monthly chart too. I am long and will follow tightly in case this is just a quick swing opportunity/fake-out.
XLM to .47 around November 5thTime and Price Calc suggests that's where XLM is going. This is not pro advice.
XLM analysis I think xlm can retrace back to .32/.30. And then continue it’s bull run after the retrace. So first I think it will see .31, then back up.
this is just how I am seeing xlm. Not advice.
Playing with circlesJust to look back on. Never used this tool before but thought it was coincidental for how it fits. Not even sure how to use it or if i remotely used it correctly but had some time on my lunch break to draw
Stellar up The mission of the Stellar Development Foundation is to create fair and balanced access to the global financial system. The new launch will support the network’s mission by connecting Stellar-based businesses to develop an efficient and cost-effective Pan African payments system.
Also, TEMPO CEO Suren Ayriyan expressed his excitement about the partnership with Flutterwave to provide services to Africa. He emphasized that its customers across Europe will now be able to easily send funds to Africa. Consumers can send money to their loved ones or conduct businesses in a faster and cheaper manner. Speaking further, Ayriyan noted that the money transfer company hopes to continuously collaborate with Stellar. According to the CEO, TEMPO hopes to provide cheap, secure, and swift global money transfers to its new and existing customers.
XLM Daily Price ChartThe daily chart shows the XLM price is above the 50 DMA at $0.34 and the 100 at $0.33. However, Stellar is glued to the longer-term 200-day average at $0.36. Furthermore, the Relative Strength Index (RSI) is rolling over which suggests bearish momentum is growing. Taking that into consideration, it’s likely that XLM will lose the support of the 200 DMA and slide to the concise averages below. As long as the price holds above the 100-day it’s in with a chance of recovery. However, below $0.327 a trip to $0.255 looks probable. On the other hand, a bullish scenario emerges if the price clears the September high at $0.439. In that event, a run to $0.500 is likely. For now, it’s unclear which scenario will play out. On that basis, I maintain a neutral stance until the technicals provide a clear sign.
Feel free to get in touch for daily trade signals and alerts
