XLMUSDT trade ideas
Lower Boundary Of The Trading Range➔ XLM is currently positioned within a trading range, marked by a support level at $0.1015 and a resistance level at $0.1350. At present, the price is following a downward trajectory, aiming to reach the lower boundary of this trading range. This indicates that the focus is on reaching the support level at $0.1015, suggesting a potential bearish trend within this specified price corridor.
This analysis is informational, not financial advice.
#XLM #StellarIn the daily and weekly time, it is moving in an upward channel for a short period of time, and the pullback to the 12 cents area and leaving the density and the bottom of the channel can continue its growth up to the neck line and the middle of the channel, and if it stabilizes above the red band in the daily time OK, it can continue its growth up to the weekly supply area
TRICKY TREND LINEI believe price will react to this trend line. the trend line is compatible with a major resistance at 40 cents. we will have pullbacks on our way to 40 cents, but i don't know how trading works, so i will just wait for my target and sell. i believe after reaching 40 cents we will have a nice pullback to 25-30 cents and that's when i would be interested in buying back.
The xlm currency is very technical and excellentThe xlm currency is very technical and excellent, it has a big surprise in the near future, this currency has reached the bottom of the channel after the correction, and after the formation of the reverse head and shoulder pattern, it is collecting liquidity for a big growth to the top of the channel, hold the xlm currency Do, it's great for the long run
The xlm currency is very technical and excellentThe xlm currency is very technical and excellent, it has a big surprise in the near future, this currency has reached the bottom of the channel after the correction, and after the formation of the reverse head and shoulder pattern, it is collecting liquidity for a big growth to the top of the channel, hold the xlm currency Do, it's great for the long run
STELLAR/XLMUSDTNot fan on this LSE:XLM but has potential on going back to 0.65$ just my point of view on charts.
Always remember buy low sell high, don't do the opposites buy high sell low.
Not much talking more on this but absolutely there's more room to UP this.
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XLM in Coming DaysXLMUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
🤑Stay awesome my friends.
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XLM/USDT Preparing for an Explosive Bull Run? 👀🚀 XLM Analysis💎 Paradisers, turn your attention to XLMUSDT, showcasing a significant setup in the demand zone, reinforced by a recent Market Structure Shift (MSS). This scenario hints at a substantial possibility of a bullish trend.
💎 Examining XLM's pattern, Stellar has consistently demonstrated its ability to surpass its descending trendline, an indicator of potential upward trends. It is currently contending with a major Bearish Order Block (OB) challenge, with continued momentum above the EMA100, targeting supply levels at $0.17.
💎 However, in the ever-changing crypto market, XLM traders need to be ready for various outcomes. Should the anticipated bullish breakthrough not occur, shifting to a rebound strategy from the support level at $0.107 will be key.
💎 A decline below this support level would signal the need for a strategic change, prompting a reassessment of the bullish perspective and the need to adapt trading strategies in response to new market developments.
💎 Stay focused and strategically adept, Paradisers. Your ParadiseTeam is committed to providing insightful analysis and strategic guidance, ensuring you make well-informed trading decisions in these dynamic market conditions.
XLM Pump? or Dump?....Looking at the daily XLM chart it looks like we are receiving some mixed signals but until there is a clear brake of macro trend or clear brake of structure higher targets are still in play.
Currently looking at 3 scenarios
Scenario 1 (bearish)
IF the market as whole has already started a large correction we could be looking at a revisit of the lows by taking a simple ABC measured move from our rally high and what is currently a lower high.
Scenario 2 (bullish)
we are currently forming a reverse head and shoulders pattern on daily and if it were to brake out the reverse head and shoulders target is approximately 40% higher than the current price. We also have a local measured move potential pause in this set up approximately 19% higher where we would likely consolidate before continuing
Scenario 3 (extremely bullish) also my personal favorite
The most bullish model we can come up with is a macro ABC correction to the upside with a measured move target approximately 100% higher than the current price.
This large ABC measured move target is also aligning very nicely with a macro golden pocket retrace measuring from bull market high to bear market low.
Scenario 3 will be my personal target until we have a macro brake of trend or structure.
Trade well.....