DependentIf BTC really plans to retest the $32k support, then there’s a high chance XLM will end up visiting 78.6% Retracement Level. I also feel like it’s impossible for XLM to go back to below 10 cents, but they say: never say never. Usually XLM exponentially increases in price only after BTC tops.
There are two scenarios:
1) we’re going to 78.6% support
2) we’re headed to 24 cent resistance level.
I would like to know what others think about these two scenarios. So feel free to share your thoughts.
XLMUSDT trade ideas
XLM: Time To Go Up To 0.1500 This TimeXLM: Time To Go Up To 0.1500 This Time
From the previous analysis posted on May 22nd, I was looking at XLM to go lower into the support area located near 0.07700.
Near that area, I was waiting for the price to recover.
As you can see, the price already created the expected bullish movement and increased by almost +24%
A small correction is expected again. This time it looks like XLM should continue to rise further considering the improving Crypto Market Optimism.
Thank you and Good Luck!
Previous analysis:
XLM 3x -5x with multiple entriesXLM 3x -5x with multiple entries
enter at current price
lower entries 0.11959 / 0.11887
stop loss 0.11732
targets 0.12968 / 0.13418 / 0.13943
if price action pulls back ... looking for a
support bounce off the red moving average ( 50ma )
This is for ENTERTAINMENT purpose Only.
Not Financial Advise
Always DYOR ( do your own research )
XLM (Crypto #Stellar Lumens ) Buy TF D1 TP = 0.1636On the D1 chart the trend started on October 19 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.1636
But we should not forget about SL = 0.0998
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
#XLM/USDT 12h (ByBit) Ascending channel near breakdownStellar printed an evening star and looks ready to head back down towards 100MA support.
⚡️⚡️ #XLM/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (6.1X)
Amount: 5.0%
Current Price:
0.12715
Entry Targets:
1) 0.12985
Take-Profit Targets:
1) 0.11285
Stop Targets:
1) 0.13835
Published By: @Zblaba
CRYPTOCAP:XLM BYBIT:XLMUSDT.P #Stellar #P2P stellar.org
Risk/Reward= 1:2.0
Expected Profit= +79.9%
Possible Loss= -39.9%
Estimated Gaintime= 2-3 weeks
SasanSeifi 💁♂ Analyzing Price Trends and Growth PotentialHey there! In the daily time frame, as you can see, the price has been fluctuating within the range of 0.10 after breaking out of the downtrend and rebounding to the 0.11 level with some partial positive fluctuations. Currently, it's trading in the price range of 0.1240. There is a possibility of growth towards the liquidity range. Currently, the expectation we can have is that if the demand range of 0.11 is maintained, we may see further growth towards the target of 0.1350. To better understand the continuation of this trend, we need to observe how the price will react. If it can penetrate above the 0.1350 range and maintain that position, further growth in the medium term can be considered towards the supply range of the price levels 0.1550 and 0.1700. 📈🚀
🟢 Keep in mind that these are just scenarios, and it's important to conduct your own analysis and consider other factors before making any trading decisions 😊📈📉
❌ (DYOR)
⭕Of course, if you have any more inquiries or require further clarification, don't hesitate to reach out. I'm here to assist you!
🔹If you found this analysis helpful, please show your support by liking and commenting. Thank you! 🚀😊 🙌
Inverse Scale ChartIt’s a lot easier for me to look at the current market condition with an inverse chart. Inverted flag and if we break out of the flag with a retest we will see that the XLM price of 11.2 cents was not a glitch, it’s a stablished support and we might touch it once more. For that to happen the price needs to break out of the flag.
XLMUSDTXLMUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 38% to 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be 0.15.
What you guys think of this idea ?
XLM/USDT potential shift? 👀 🚀 XLM Today analysis💎 Paradisers, gear up for potential opportunities with XLMUSDT! The asset is showcasing intriguing dynamics, with a recent resistance level transitioning into a support, hinting at a heightened likelihood of a bullish trajectory.
💎 In our past observations, XLM broke free from a descending trendline, initiating an upward trend. It faced a rejection at the resistance level of 0.1201 on its first attempt but managed to breach it on the second try, turning this resistance into its current support.
💎 The VRVP highlights significant volume at this support level, suggesting a strong possibility of an upward push from here to challenge higher resistances.
💎 However, if the STELLAR struggles to maintain its current momentum, it might seek bullish support from the demand zone. A breach below this demand zone could signal a bearish downturn. Stay alert and strategize accordingly!
#XLM/USDT - Long HODL - Potential 52.03%DIRECTION: LONG
MARKET: SPOT/FUTURES
RISK: 0.25% - 1%
#USDT_XLM
EXCHANGE: BINANCE
TIMEFRAME: Daily
BUYS: 11806 / 10915 / 10279
TARGETS
1 : 13366
2. 13874
3. 15219
4. 16272
5. 17944
STOP: 09369
XLM is showing multiple technically bullish indicators following a new interest in Crypto due to the BTC spot ETF’s.
As a major project with real world CBDC applications Stellar is likely to be a still ‘live’ project by the time the bull run finds the ALTs and is therefore probably worth adding to a crypto portfolio.
While the wider crypto sentiment is bullish there is a clear chance for BTC to correct which would be damaging to all ALT’s including XLM so if you are looking at positions I’d suggest a staggered entry (mine are illustrated on the chart).
I’d be confident going into this on the knowledge that a BTC short term correction is likely to be followed by more upside with key events in the near future including the halving and the the ETF approvals.
In terms of technicals we have a trendline break on both the price chart and on the RSI which indicated the start of a bullish move.
The immediate resistance I had worried about from the converging 20, 50 and 200 moving averages broke over the weekend and is now providing support for price. The 50 remains above the 200 and the 20 is about to cross above confirming an uptrend.
Throwing a fib onto the last movement cycle shows that our targets match up with the 382, 5, 618 and 786 levels which match with the sell zones we are seeing on the order books. Targets have been placed below these order blocks and I’ll take incremental profits at these levels pulling the SL up as each target is hit. As much as I’d love to hold this through the whole of the bullrun ultimately I’d be happy to just exit with some profit.
Let me know what you think or if you have any similar ideas!
Wet Dream 11) The bull run from 2020-2021 was Wave 1 and the price reached $0.8
2) Wave 2 was the bear market that followed and the price corrected back to $0.07
3) We are in the middle of Wave 3, and I anticipate that Wave 3 itself will play out as a 5 Wave structure. My target for Wave 3 is 161.8% of Wave 1, which translates to around $4.
4) I SPECULATE that unlike Wave 1, Wave 3 is going to play out much quicker.
5) Usually, 8 out of 10 of my speculations about price movements are wrong. I'm posting this idea, because this is how I want to play with my money, but there are safer ways to go about predicting future prices and I have no plan on playing it safe.
6) DYOR please.
XLMUSDT - BULLISHI am planning to enter a long position in XLMUSDT at the current market price of 0.11850. This decision is primarily rooted in a Price Action analysis that aligns with the basic principles of Dow Theory. XLMUSDT has been consistently forming higher highs and higher lows, signaling a bullish trend.
In addition to the Price Action pattern, the Relative Strength Index (RSI) is showing a bullish divergence, further supporting the bullish thesis for this trade.
To manage risk, I've set a stop-loss order at the level of the last higher-lower low, which is at 0.11440. This stop-loss level is designed to limit potential losses if the market moves against the trade.
For the profit target, I've set a 1:1 risk-reward ratio, with a target price of 0.12300. This means that the expected profit is roughly equal to the initial risk, providing a balanced risk-reward profile for this trade.
It's important to remember that trading in cryptocurrency markets carries inherent risks, and it's crucial to apply sound risk management and consider your own risk tolerance when implementing trading strategies.
XLMUSDT.P Price analysis (2H)
I'm no expert in trend analysis by any means and this is NOT a trade signal!
I still have a long way to go, but wanted to share my thoughts on XLMUSDT.P today and maybe get some feedbacks.
XLMUSDT.P is in an uptrend, and my analysis is that the uptrend will continue until the price reaches the resistance level (marked as a black line in the image) which has a history of price reacting to it in numerous occasions according to the D1 and W1 charts.
No Country For Old Man (Stellar XLM Analysis)Stellar digital currency, which is struggling with traditional financial affairs like Ripple, showed significant growth after Ripple's court victory, which is currently correcting above the accumulation and oversold range after the sharp fall in the market.
As the 100-day moving average indicator is breaking the 200-day and 300-day moving average upwards, it is expected that after this movement, we will see the price stabilize in the range of 11 cents with the closing of the monthly candle in less than 2 weeks, so that it can grow. After forming the head and shoulders of the floor (QM), it will continue to the range between 25 and 30 cents.
The rise of the XLM remainsThe XLM currency has been undergoing a correction for some time. The latter formed an upward wave with the market and then rested for a while.
By checking the XLM chart, it can be seen that the XLM should end its break and then move upwards again.
We have a diametric pattern that can go up for the F branch, the XLM symbol. By maintaining the green zone, we can see the upward movement of XLM.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You