🚨 Trade Update: XLM/USDT (3-5x)🚨 Trade Update: XLM/USDT (3-5x)
📈 Long Entry: 0.1130 - 0.1218
OTE (Optimal Trade Entry): 0.1180
SL: 0.1100
B/E Move: When it moves close to TP2
TPs:
Short Term: 0.1230 - 0.1250 - 0.1270 - 0.1300 - 0.1350 - 0.1400
Mid Term: 0.1450 - 0.1500 - 0.1550 - 0.1600 - 0.1700 - 0.1800
**Disclaimer: Past profits do not guarantee future results.
Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis.
EDK FORUM TRADING®
XLMUSDT trade ideas
Unpacking XLMUSDT Price Patterns💎 Diving into #Stellar's long-term price trajectory, we spot some captivating patterns. The weekly #XLMUSDT chart reveals the price nestled in a robust demand zone, a magnet for buyers. Moreover, the 200 Exponential Moving Average has been consistently rebuffed in the past weeks.
💎 The bullish uptrend is evident with the formation of LLs and LHs. Given #XLM's position at support, it hints at a promising risk-reward scenario for bullish traders. As long as the price hovers above the current demand zone and crucially, remains north of the recent low at $0.1053, the scales tip towards an uptrend continuation.
💎 Eyeing the upside, a formidable resistance looms at $0.1750, marking a 50% surge from the present rate. This resistance's potency is amplified by a dual Fibonacci level, specifically at 261.8% and 461.8%. We could witness either a swift rally or an extended consolidation before #XLMUSDT ascends. In this volatile dance, patience and discipline remain our steadfast partners.
XLM | It About That Time | LONGStellar (XLM) is a peer-to-peer (P2P) decentralized network created in 2014 by The Stellar Development Foundation or Stellar.org. The network officially launched in 2015 with the purpose of connecting the world's financial systems and ensuring a protocol for payment providers and financial institutions. The platform is designed to move financial resources swiftly and reliably at minimal cost. Stellar links people, banks, payment processors and allows users to create, send and trade multiple types of crypto.
XLM Sell TradeHere is My Study On XLM.
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XLM/USDT Possible Breakdown? Hey brother and sisters 👋
Another one is XLM coin so let's get started! We are looking for potential breakdown on current zone after witnessing a massive recovery with a nice re-test! What do you think about this one guys?
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We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
XLM/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Stellar (XLM) rose higher on Saturday, following a recent six-day losing streak which pushed the price to a multi-month low.
XLM/USD climbed to an intraday peak at 0.12 earlier in today’s session, which comes following a low of 0.1115 the day prior.
The move comes as Stellar continued to move away from a support point at 0.110, which was hit on Thursday.
This was the first time the price collided with this floor since mid-June and comes as the relative strength index (RSI) hit its own floor at 30.00.
the index has also rebounded and is now tracking at 34.84, which is marginally below a ceiling of 36.00.
Should it push past this point, the next likely price target will be around a ceiling of $0.1340.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
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XLM: Pullback in UptrendStellar (XLM) technical analysis:
Trade setup : Following a breakout from a Falling Wedge pattern, price spiked up to $0.19 where it got very overbought (RSI > 75) and traders took profits (selling pressure). Now it’s pulled back to support of $0.12 and is oversold (RSI ~ 30), which could be a swing entry level.
Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.130, which it broke, then $0.120, and $0.100. The nearest Resistance Zone is $0.190.
XLMUSDTAfter a price increase of more than 150%, the price drop is a natural issue in the financial markets.
In addition, this week, the market situation was and is falling.
My prediction:
The first step is the decline to the S-1 range, and in the absence of support, the decline to the S-2 point is possible.
XLM USDT LongXLM Analysis:
Observing the current price pattern, we can see XLM is experiencing a squeeze within a defined triangle formation. The compression may signal an imminent directional move. Although the long-term prospects for XLM may not appear promising, there could be a short-term opportunity on the horizon. If we see a successful breakout to the upside of this triangle, a rally to approximately $0.22 is feasible. Traders should keep a keen eye on this pattern and plan their strategies accordingly.
Remember, this analysis should not be taken as financial advice, and individual research and professional consultation should be considered before making any investment decisions.