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Even though Stellar had a pull back, the 21 EMA is over the 50 EMA which means the uptrend is still valid. We have long wick candles forming around the 50 EMA and around the 38.20 Fib Level that combine with the CM_Williams_Vix_Fix indicator flashing green hints a possible price reversal maybe in the works. Please be alert and watch out for momentum and reading on the oscillators. Also, watch for break of short term trend line. Please be careful.
XLMUSD trade ideas
XLMUSD - Still No New All Time High... And There Won't Be... YetIn this video, I revisit my AriasWave-specific analysis, which indicates that XLM, XRP, and Litecoin are unlikely to reach new all-time highs this year or the next.
If you’re anticipating such a breakthrough, I encourage you to stick around to understand why a significant decline is likely on the horizon.
The initial pattern is still taking shape, so we’ll need to allow more time for a clearer setup to emerge.
See those previous related ideas below...
XLM- SECOND TRY- BULLISH PENNANTThe previous trade hit the SL, and since then, we've been waiting for a solid opportunity. This idea seems promising. However, keep the SL tight and aim for the sky with your TP.
The probabilities have shifted to 50% bullish and 50% bearish, but remember, we're in a bull market. A bullish pennant is forming, presenting a potential breakout setup.
Stay disciplined, control your greed, and may the odds be ever in your favor.
Best of luck,
God bless all of you traders!
XLM short-term trade idea! 12-08-2024 Not financial advice! Not a professional! Just trying to learn! lol
I will try to get in around 0.489 -0.488
If XLM can hold the support trendline & keep climbing!
XLM needs to break the resistance level around 0.49757
My stop-limit around 0.4866
Good luck fishing!
XLM MID-TERM AND LONG TERM ANALISYSThere is significant demand for analyzing Stellar.
Upon examining the chart, it seems that Stellar is currently within a triangle.
Wave D will likely end around previous highs.
Afterward, we could see a correction for wave E, followed by Stellar's post-pattern movement targeting a level above $14.
Some might question whether Stellar can sustain such a market cap. We should emphasize that we rely on chart analysis and do not focus on fundamental issues, as fundamentals are reflected in the chart itself.
When we reach wave E of the triangle, if we observe a clear and identifiable pattern, we can position ourselves on Stellar for the main move.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
More proof Goldencross works immediately in this phase of bullJust like the char I posted before this one, I’m posting this simply to lllustrate how the golden cross (orange line crossing above the blue line) immediately resulted in a very pivotal bullish pump that coincided with a major fulcrum point on the chart recently on multiple different charts. More times than not in the other market cycles, when a golden cross occurs it usually takes a few weeks afterwards to know whether that cross will have its desired outcome or instead end up being a fakeout but lately I’ve noticed multiple charts have seen an instantaneous pump on the exact day of the golden cross, which is making me think that once we enter the 2nd parabolic phase of a bull market that that is when you can anticipate a golden cross to have its immediate intended effect its suppose to have with much much higher probability than all the other market phases including even the 1st half of the bull market. Anyways I wanted to illustrate that hypothesis here with the XLM chart as you can clearly see it’s a text book example, and I will try to put a link below to the previous example where this occurred as wel a link to the total2 chart which will have its golden cross in the next 102 daily candles.l One major reason I want to illustrate this is because within the next 1-2 daily candle closes the Total2 (aka altcoin market) chart is going to have its golden cross and it is currently trying to confirm the breakout upward from a cp and handle pattern which is a huge fulcrum point for it. So should the trend of instantaneous golden cross pump effects occurring the same daily candle as the cross itself, this could clue us into exactly when the real full on alt season will be about to kick off (which if correct, will be ignited by a big confirmation breakout pump within the next 1-3 daily candles). *not financial advice*
XLM/USD: Signs of Overextension and Impending CorrectionStellar (XLM) experienced a dramatic surge, skyrocketing from $0.09 on November 7 to a local high of $0.63 on November 24. This rapid rise of over 600% in just a few weeks indicates clear overextension in the market. Such sharp upward movements are often unsustainable without periods of consolidation or correction.
Current Market Context:
Current Price: $0.48
Recent High: $0.63
Key Support Levels: $0.36, $0.25
After hitting $0.63, XLM has pulled back to $0.48, a strong signal that the market may need a correction to stabilize. This retracement reflects profit-taking and waning momentum, both common after such parabolic moves.
Possible Correction Scenarios:
Moderate Pullback to $0.36:
The first likely scenario involves a pullback to $0.36, a key support level that aligns with previous consolidation zones. This would allow for healthy price action and create a foundation for future bullish attempts.
Deeper Correction to $0.25:
If selling pressure intensifies, XLM could retreat to $0.25, representing a more substantial correction. This level is critical for maintaining a broader bullish structure and could attract buyers looking for value.
Market Indicators:
The RSI (Relative Strength Index) shows signs of overbought conditions, suggesting further downside pressure.
Volume has also declined since the peak, indicating weakening buying interest.
In summary, the overextension from $0.09 to $0.63 signals a market that may need to cool down. The current decline to $0.48 underscores the likelihood of a correction, with key support levels at $0.36 and $0.25 in focus. A healthy pullback could reset the market for a more sustainable rally in the future.
STELLAR BULLISH MOMENTUM-XLMCRYPTO:XLMUSD
XLM Continuation Rally: An Analysis
Bullish Arguments:
PMH (Previous Monthly High) disrespected
PML (Previous Monthly Low) disrespected
Weekly Bullish FVG respected
PWL (Previous Weekly Low) disrespected
PWH (Previous Weekly High) disrespected
PDL (Previous Daily Low) disrespected
4H swing low disrespected
4H Bullish FVG respected
Bearish Arguments:
PDH (Previous Daily High) respected
4H swing high respected
Bullish 81.82%- Bearish 18.18%
Trade Management:
This setup involves high risk and requires close monitoring of price action. Use a tight stop-loss (SL) to manage risk, and aim for a take-profit (TP) near the 2021 ATH zone. Staying alert to market movements is critical for this trade
XLMUSD LONG. SWING ALTSEASON PROJECTIONXLMUSD LONG. SWING ALTSEASON PROJECTION
This is just my idea and opinion about the projection of XLMUSD pair, on the long term.
By the looks of it, and with the events coming up with the US elections, clarity in crypto regulations coming up, and also possible future ETF applications this could be few triggers for a Long position.
XLM Short setup explained- Entry $0.58485After examining higher time frames, we can see XLM is inside the prior weekly supply zone which led to a BoS and large, sustained move to the downside. Inside the weekly supply zone we can locate a daily supply zone also responsible for the drop. XLM tapped the very bottom of this daily supply zone with its upper wick on this most recent move up as seen in the chart.
Zooming into the H4, we can see a clear failure to gain, hinting at a potential microtrend reversal. Further confirmation provided by price rejecting the level lost and being unable to close above the lower high. Price action remains bearish and we see range expansion with increased volatility come into play in the final 9-10 candles. This provides enough information for us to confidently trade our setup , which is explained further inside chart.
Let's see what happens.
Good luck, be safe, trade smart.
-Platoon
Could This Bullish Break Take XLM to .95?!Let's break down what I see on COINBASE:XLMUSD on the 4Hr Chart!
Based on the Rally from the Low @ .089 to the Multi-Year High @ .633, we can see Price fell into a Pennant Pattern, First making a Retracement to .425 or the 38.2% Fibonacci Level to find Support then found Support again at .505 or the 23.6% Fibonacci Level.
Price has given us a Break of the Falling Resistance and upon the opening of the 4H & 1H Candle, Retested the Break of Falling Resistance.
Now the Rally generated from the Low @ .229 to the High @ .633 was a ~ .40 or 175% increase.
-If Bulls are able to hold Price above the .50 - .54 area, that .40 movement or potential 74% increase in Price from the Point of Break could lead us to the Potential Target of .95!