XLMUSD trade ideas
XLMUSD: 4 Hour Bullish BatXLM is at the PCZ of a small Bat on the Hourly and if BTC holds up XLM should easily be able to hit 11.7 cents and maybe even over 12 cents from here.
The 11-12 cent targets are from the perspective of day trading targets but given the level it is at one could also use this as a late entry to the swing trade shown here:
XLM WILL HIT THE 55 FIB EXTENTSION!- IF you were to invest £500 by dollar cost averaging in at around £0.09 a coin, £100 a month for 5 months if it stays at this price!
- You would accumulate around 5,555 XLM coins!
- Now if you ware to divide your 5,555 XLM into 3 sections you would have 1,851 coins split into 3!
- TARGET 1 - SELL 1,851 at the 4.618 level (£2.08) - 1,851 X £2.08 = £3,850
- TARGET 2 - SELL 1,851 at the 21 FIB level (£8.94) - 1,851 X £8.94 = £16,547
- TARGET 3 - SELL 1,851 at the 55 FIB level (£25) - 1,851 X £25 = £46,275
If you have the patience and wait for XLM to reach those FIB LEVELS, then your £500 investment could be around £66,672!
- NOT FINANCIAL ADVICE - PLEASE DO YOUR OWN RESEARH - ONLY INVEST WHAT YOU ARE WILL TO LOSE!
Stellar Lumens XLM formed a bullish Gartley for upto 27.50% pumpHi dear friends, hope you are well, and welcome to the new update on Badger DAO with US Dollar pair.
In the below previous idea after breaking down the potential reversal zone the price line recovered soon and started the rally:
But this time we have strong support at $0.10, therefore, in my opinion, this time there are fewer chances for the breakdown.
Now on a daily time frame, XLM has formed a bullish Gartley 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
Betting on Short Term Liquidity $BTCBe extremely selective about what you are buying these days. Just added XLM for a short term play. This is based on the idea that smart money will be pumping some liquidity to the stock, metals and crypto markets in the last quarter. We have seen gold/silver react to this influx. BTC and other cryptos should get the short term windfall imo. So the upside is about 20-30%. Then we have to revisit price action at a later date.
ISO Compliant Stellar Lumen (XLM) - Nearing Buy Zone?KRAKEN:XLMUSD
Fun Fact: Stellar Lumen (XLM) is just 1 of 8 cryptocurrencies considered 20022 ISO compliant and only 1 of 2 compatible cryptos that is a Member of the ISO 20022 Standards Body. Why is this important? Well, with all of the looming government regulation, it will be considerably important in the near future. Simply put, would you trust putting your hard earned money into a product that lacks universal standards, testing or calibration over a product that does? Most would answer "No!" and for good reasons. With the current monetary system being challenged heavily by fintech startups, digital payment/settlement industries and governments pushing for CBDC's, it is inevitable that change is coming for the entire landscape of Crypto currency. The question is : Are you ready?
Let's look at Stellar Lumen and identify the current market structure. We can see fractal history and similarity from previous blowoff tops... As you'll note from the circled areas, that similar patterns emerge in the structured breakdown of this bear market when compared to the prior. Does that mean it will play out the same? No. But we do know that market Psychology does repeat with boom and bust cycles. That said, let's see if the current projection mimics the previous lower low, before taking off into a new bull market cycle.
Good luck!
Note: Not Trading or Investment Advice. Entertainment ONLY
Looks Ready to MoveThis asset has always been fun to trade against USD and BTC. When XLM moves it really moves quick and swift. The price action reminds me of the end of 2020 just chopping around with low volume in a small range. We can see the range is very significant and has lots of historical price action. A break out of this range could be the start of a nice rally to the green box. The bullish divergence on the weekly is what confirms it for me to have great potential.
XLM - Wait For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
XLM has been overall bearish for a while trading inside the red wedge pattern.
Lately we can see that the bears are getting exhausted, not being able to push lower as before, getting stuck inside a range forming an accumulation phase.
Moreover, XLM is sitting around a strong support and round number 0.1 and forming a double bottom pattern.
But of course, the bulls aren't in control yet.
Trigger => For the bulls to take over, we need a momentum candle close above the gray neckline.
Meanwhile, until the bulls take over, XLM would be stuck inside a range between 0.1 and 0.14
Which scenario do you think is more probable and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Stellar Lumens XLM Is Getting Closer To a Huge BreakoutHi friends hope you are well and welcome to the new update on XLM.
Big down channel:
On a weekly time frame, from Feb 2018 to April 2020 Stellar formed a very long-term down the channel.
Huge BAT move:
During the formation of the aforementioned down channel XLM also formed a very big harmonic bullish reversal BAT pattern, which I also shared with you in 2020 as below:
www.tradingview.com
After the completion of the above BAT move, XLM surged around 1000%.
Another big falling wedge pattern:
Now again on a weekly time frame, during a big drop XLM has formed a big falling wedge pattern. The priceline entered the wedge on May 21 and still moving in this big falling wedge pattern. Now the movement of Stellar has been squeezed inside this huge pattern.
The key support and resistance levels:
XLM has already tested key support of $0.10 and if it breaks out the big wedge then the next key resistance will be at $0.12.
Descending triangle:
On a daily time frame, for more than 4 months XLM is moving inside a descending triangle, and now the movement of the price line is also getting squeezed inside this descending triangle, therefore, soon we can expect that priceline may break this triangle. If Stellar breaks down the support of this triangle then the target to the downside is at $0.045, however, we have key support at $0.10, therefore, it will be really very difficult for XLM to break down this support, and in case of break out the triangle’s resistance, the target to the upside is approximately $0.18. In that situation, Lumens can also easily break out the wedge and also the key resistance of $0.12. By the way, the target for the break out from a big falling wedge pattern, which has been formed on a weekly time frame is approximately $0.75.
Conclusion:
After a big drop XLM has formed a big falling wedge pattern and now the movement is quite squeezed that is another signal that soon the priceline can break this pattern soon. As it is a kind of repetitive move like XLM previously formed from 2018 to 2020, therefore, we can expect that this time Stellar can start a big rally after breaking out this huge pattern.
XLMUSD forming triangle pattern, growth after bullish breakoutXLMUSD
price is forming a triangle like structure, if price manages to break above the triangle and if price holds above the structure, I expect the price to move higher towards next resistance. if price breaks below the support area the the setup will be invalidated
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
stellar lumen versus ethereumI notice stellar didnt top its previous ath nd the bear market is much different for stellar now. this chart shows a bbwp indicator printing super low volatility , where in the past there was incredibly high volatility.
what the pattern both in price fractal 'shape' and pattern in volatility/momentum indicator tell me is a significant reversal could be occurring.
XLM looking upThere is a strong consolidation on the XLM coin. As a rule, before a strong movement. There is a level of $0.11. Below they are not allowed - this speaks of strength. In case of a positive recovery of the general market and fixing the price above the level of the descending wedge that indicated, consider opening a long position. But not at once. Because at such moments, false breakouts very often occur. Now more than ever, risk management is essential!
ARIASWAVE CRYPTO MARKET UPDATE - Tracking the Latest Price MovesIn this video I cover Bitcoin and XLM and talk about what I see happening over the coming months.
I believe we will see a relief rally sooner rather than later in these markets.
I have adjusted the count for Bitcoin due to the waves observed that the current lows.
Each wave that occurs in the markets gives off clues to the overall count which is why I've been patient.
If we are to expect some kind of rally, then it's best to understand which waves will cause it.
In the case of Bitcoin, it looks to be part of the corrective portion of Wave D of Wave 2.
In the case of XLM's potential to rally it looks like it is Wave C of Wave 2.
For now, it appears to be wise to wait for Bitcoin to at least trace out the start of a bear market rally...
Whereas in the case of XLM it looks like it has already displayed signs that the bear market rally has already begun.
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 adviser, I suggest using this only as a guide. Always do your own research.