XLM is exhibiting an extremely rare CUP WITHIN A CUP PATTERN!XLM has recently had an incredible run, breaking out of the current Cup & Handle pattern that I identified and showed to my followers. XLM has always closely followed XRP, but in the past few days, it has sharply broken away and has been charting its own course. Now, I’ve identified a CUP WITHIN A CUP pattern that is EXTREMELY RARE! These two patterns are working together to create a move that could make both investors and traders very, very happy in the coming weeks.
Don’t copy my trades; become a trailblazer, not a follower!
Good luck, and enjoy making a ton of money!
XLMUSD trade ideas
XLM is on the verge of a nice breakout!There’s an incredible Cup & Handle breakout about to occur with XLM. Keep in mind that this is the hourly chart, so this particular Cup & Handle pattern is better suited for short-term day trades and is not an indicator of a longer-term breakout.
Good luck, and always use a stop-loss!
Bullish Divergence Bullish indicators going off everywhere.
Are we close to an Altcoin season?...
You bet your ASS we are. Look for XLM
to test .12 cents once again and back test
.10 cents as support. Then we are ready
to climb back up to .20 cents before resistance.
Don't let this opportunity pass you by. Most
prolific crypto influencers are calling ALTcoin
season in a couple of months or less. Stay happy,
stay calm, and be blessed.
************ HAVE A WONDERFUL XLM DAY **************
XLM - Short-term bearish, could change fast on Vol.XLM - I'm bearish to 0.96 in the short term as it is respecting the long-term downward channel, but I don't expect it to dip long as we are coming out of peak greed toward peak fear and I think buyers will jump back in once we hit key MA's and the bottom of the shorter-term up-trend channel. If we don't hold at 0.095, it could easily go to 0.087 if the wider crypto market looses steam next week. From my perspective, we will need a really strong pump next week to exit the long-term channel. A particularly strong bullish move in BTC next week could change things quickly.
Weekly ResistanceThe pink area you see here used to be support. It’s acting as resistance now. We may break above it or not, but for now price has rejected this level, and closing below this level is not going to be very good news. You are seeing many crypto scammers on trading view calling for explosive bullish moves for this asset. The same people who were calling for alt season before XLM took a big hit. I tried to warn people, but they fell for the sweet words of the scammers. Those scammers may be right this time, but don’t jump in without confirmation. I don’t care about short term traders and this post is not for them. That’s why I’m focusing on the weekly resistance and the weekly candle. This is basic stuff, I’m not talking rocket science here. XLM is not bullish if it cannot close above this weekly resistance level. For those of you calling for the XLM bull market, please wait for this asset to at least break above one single weekly resistance level and then you can continue to shill your coin to people.
XLM - Nice Pop, Will It Re-Test?XLM
A similar coin somewhat to XRP is also having a strong bounce today; up 14%.
Although it initially moved well out of the bear market within the pitchfork, XLM has looked quite weak since last summer.
And so rather than a bull market, this entire area looks like a potential accumulation.
If Bitcoin is bottoming then it could well be that the bottom for XLM is now in.
However, being so close to the bear market low; there is higher liquidity below the $0.7 support low that may attract market makers.
The retracement ratio is 0.91 which is very close to a full retracement and far beyond the 0.786 of the Golden Window.
This signals a higher probability that it will make a full retracement.
But crypto is very elastic so it could simply be bottoming right now.
If you like XLM then it may be worth picking some up now and through this area.
Because this could be the start of the next uptrend.
But bear in mind that if there is a BTC slump in the pipeline then this may re-test the low.
A $0.07 XLM and a little below would be a very nice deep value buy if it did get there 👀.
Not advice
XLM/USD CYCLE CHART (2014-2024) $XLM
XLM/USD CYCLE CHART (2014-2024)
10 year >> 3 cycle >> 3 bullrun.
Now we are on Bullrun Eve.
2017 vs. 2021 vs. 2024
-We have barred the gates… but cannot hold them for long. The ground shakes.' "'Drums… drums… in the deep.'"
"'We cannot get out. A shadow moves in the dark.'"
"'We cannot get out…'" "'They are coming!'"
#XLM LSE:XLM
Indicator: Mayer Multiple Bands (75MA)
Let's revisited fractal thesis for $XLMA while back I posted how LSE:XLM has maintained a rise in price similar to the fractal from the initial bull run.
Here below we have the dark pink fractal, green fractal and yellow fractal; all are clones of the 1st bull run.
What we see is the dark pink fractal concluding with a top about the same time the markets topped.
The green and pink fractals are placed at different support levels because I couldn't be sure which level would be more appropriate.
However, they both suggest a top around July-Sept. at a price level above 2.5.
I've also included a light pink fractal of just the legs of the bull run in case we have a similar two peaks like the first bull run, the final top would take the price above $20 and top around Mar.2025.
Obviously, past price action is not a guarantee of future movements but it's interesting to see price obey the fractal when it's approaching the final top.
I'm obviously sticking with LSE:XLM to see if it plays out are previous times, or better.
Are you?