Long Position on XLMUSDT / Volume ProjectionBINANCE:XLMUSDT
COINBASE:XLMUSD
SL2 ---> Mid-risk status: 5x-8x Leverage
SL1 ---> Low-risk status: 3x-4x Leverage
👾The setup is active but expect the uncertain phase as well.
⚡️TP:
0.1045
0.1055
0.1070
0.1085
0.1100
0.01112(In Optimistic Scenario)
➡️SL:
0.0977
0.0955
🧐 The Alternate scenario:
🔴If the price stabilizes below the trigger zone, the setup will be cancelled.
XLMUSDT trade ideas
XLMUSDTHM Triangle BO v1.0 spotted. Looking good with previous wave up with increasing volume and momentum.
- BOS (Breaks of Structure) at @ 0.09849 - 0.10024 level
- Trending slow and steady if able to hold above the BOS level
It is at extremely good reward to risk level if able to break the upper trendline.
XLMUSDT KEY LEVELSExplanation:
This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit
This trading opportunity is based on volume, previous price, and price range , are included
Entry/Exit point's:
- It has very easy entry and exit points
- In this pair of lines with two colors are given (RED AND GREEN)
- In this the GREEN line is used to take long entry and the RED line is used to take short entry (But it is all based on a more conformation from your trading plan)
Stop Loss/Take Profit:
Stop Loss
- According to this, if you take a long trade, its stop loss will be the RED line just below ( A trade can exit either when the price crosses the RED line or the 5 minute candlestick crosses the RED line. (This can be done according to your preference) )
- A short entry should use the opposite rules to a long entry
Take Profit
-When you take a long entry according to the profit to be booked is on the next RED line above. ( Or if there are other reasons, it can be a safe exit )
- Opposite rules for booking profit on long entry are to book profit on short trade. ( The GREEN line above is the stop loss of short entry )
Timeframe:
According to this, the time frame you should use while taking trades is 5 minutes time frames . (5 minute time frame works well in this)
Risk Disclaimer:
Leave a comment if you like my entry setup. This share is for educational learning purposes only, and I am not responsible for your profit or loss. Note: For more details, check the chart.
XLMUSDT: Get Ready for Potential Big Moves! Yello, Paradisers! Are you ready for some potential big moves with #XLMUSDT? Let's dive into the analysis to see what's brewing!
💎#XLM is currently showing signs of a probable bullish continuation from a support zone at $0.0934. We've observed #XLM following a descending channel for quite some time. Recently, after breaking above the descending resistance, it's gaining momentum at this key support level.
💎 If the price holds strong at this level, there's a high probability of a bullish rally, similar to previous trends. A breakout above the probable resistance at $0.1117 could lead to targeting the next resistance zones and beyond. However, if the momentum doesn't hold at the key support, we might see a bullish rebound from the lower demand area around $0.0801.
💎 It's crucial to stay vigilant and monitor #XLM price movements closely. A daily closure below the demand area could invalidate the bullish outlook and potentially lead to further declines.
Remember, Paradisers, staying disciplined and patient is key in these volatile markets. Consistently profitable trading comes from waiting for the best opportunities. Stay focused and avoid emotional decisions!
MyCryptoParadise
iFeel the success🌴
Ripple “protégé” - Stellar is also trying to rise in XLM priceWhile encouraging news is starting to circulate around #Ripple and the price of OKX:XRPUSDT is slowly getting off its knees, by the way, a month ago we came up with an idea for CRYPTOCAP:XRP 👇
The #Ripple “protégé” #Stellar is also trying to rise in price a bit.
For two years, the OKX:XLMUSDT price probably formed a Double Bottom pattern. And for the next 1.5 years, the #XLMUSD price will be able to work out the goals of the pattern:
1️⃣ target - the base of the Double Bottom - $0.195
2️⃣ target - growth in the region of $0.64-0.65 for CRYPTOCAP:XLM by the end of 2025.
But under the current conditions, we do not believe that CRYPTOCAP:XRP can cost $10, and CRYPTOCAP:XLM more than a dollar. Unless they arrange denomination in projects 10-100 times or something?)
Nice XLM chart.I think that even though Lumens is quite an old asset, it will show itself again.
I am starting to work more often with MOTT and I am also starting to experiment with Linear Regression Oscillator .
We can see that the reversal signal has been received.
The price is confidently contracting above the invalidation level.
Let's pay attention to the range between 0.44 and 0.62 The most probable point of movement is somewhere between these two values. I mean ~0.50 average. Of course, the alt season could drive the price much higher, but a reasonable optimum lies between the two levels.
Think with your head always.
Axis of ResistanceXLM must be able to break through all these resistance levels for a reversal. based on price action xlm has rejected every single resistance level and has failed to find support. alts bottom out after btc, the bottom for this bearish move is not in. price action says xlm will reject the next resistance level and will not find support leading t a lower low back to 7 cents. i think youll have a very good discount at 7 cents. even if we jump with green candles here, do not fomo, you will have your discount at 7 cents
Learn Somethingusually when price breaks above a trendline, a successful retest is a pull back to the trendline and a violent buying pressure. we will assume that my trendline is correct. if xlm is really in a bull market, then upon breaking out of the triangle and a pullback to the trendline it had to print multiple green candles and hold support above the trendline. what we see here is price keeps coming back to retest the trendline. the more this happens the less credible the support and retest will be. if price keeps coming back to the trendline without any buying pressure then it means price wants to go back into the descending triangle, which is the recipe for disaster if it does happen. all one can hope and pray for is for the price to hold above the trendline and print a big thick green candle, otherwise darker days are ahead.
ALT SEASONthis is alt season in reverse. the scammers on trading view have been selling you alt season for a few years now but when price goes below every single support level in its path and cannot break above any resistance level, the only direction is down to hell and also im sorry for saying this, but most people relying on scammers for trading data deserve that hell.
To Buy or Not to Buythere are illiterates on trading view scamming people into buying this chart. if you want to buy, go ahead and buy, but at least be a little reasonable before doing it. price just closed before a very important support, usually in these cases price goes back to the black trendline and turns into resistance and price drops again. it is only reasonable to buy if price closes above the black trendline, retests the trendline and turns into support and form some type of a reversal pattern. there is no reversal pattern and we just lost an important support to the bears. if you're holding, then you will hold even if price goes back to 7 cents, but if you're out of the game and trying to get in or buy back just make sure the scammers on tradingview do not convince you into buying a losing chart. wait for a confirmation before buying. make sure price movement is strong enough to break above resistance levels and holds the support levels. since price reached 19 cents last year price has been weak enough to lose to a lot of resistance levels and has lost many support levels along the way. do yourself a favor and do not jump into the market because some low iq scammer told you to jump in. jump when you are ready.
Descending Triangle?Price looks like it is trading within a descending triangle. XLM has two options:
1) a miracle happens and it breaks above the descending triangle, or
2) break below the yellow support and further test the blue support line where many traders will post bullish ideas so people can buy and they can sell.
The Trend is Your FriendThis trend line is so simple yet so important for investors. above the trendline you will have your mini bull market. below the trend line where price currently is means XLM is in a bear market and you're only hoping for a bull market. as you can see, price broke above the trendline but failed to stay above it and broke down below the trendline continuing to be subdued by the bear market. people think just because the crypto market is in a bull market XLM is also in a bull market, which is only normal and reasonable to think that way, but when xlm chart has bear market signals written all over it, you can't lie to yourself forever. on the other hand, i will turn bullish once price breaks above this trendline and continues upward with a successful retest of the breakout. that is the safest way to play this chart. i would like to say upon successful retest of this trendline price target is 38-40 cents, but given the disastrous performance of XLM in this cycle, i would not be surprised if price struggles facing every single resistance level ahead.