XLMUSDT trade ideas
XLM/USDT 4Hin the 4-hour time frame, the price is in an ascending channel. If we don't lose our ascending channel and there is The range of 0.1008 is a trading node, and if this range is broken and stabilized above this range, we can expect to rise to the resistance range of 0.1110 to 0.1138 of this currency.
XLM/USDT 1DIn the daily time frame, after reaching the resistance range of 0.1110, the price made a correction to the range of 0.0958, which is 0.5 daily fibo, and moved up again.
Currently, the daily volume has decreased and the RSI has reached the 50 daily range, but it has not broken, so for now we have a weak upward trend in the daily time frame.
good to buyin weekly timeframe as you see we have box and we have strong up trend in box against to downtrend and volume increase in up trend .witch break the box we can have the about 0,1700$ price.
and the 56 rsi is very important resistant as the past witch the break it price had increased sharply .
xlm usdtAccording to the structure of this coin, we can see that the volume of the drop, which was from the ceiling, has not been confirmed, and with the drop of the starting price, the volume has also been decreasing. And also we can see a trend line which is currently broken and its entry point is the same as the weekly box failure.
XLMUSDT - Breaking through bearish trend resistanceBINANCE:XLMUSDT forms the bottom, relative to which the price develops positive dynamics. After testing 0.0758, a rally is formed and the price makes a retest of the trend resistance.
As we can see, a three-day accumulation is formed in relation to the resistance. The market is obviously ready to continue rising, but in order to do that the price needs to overcome the resistance.
The resistance at 0.1035 is worth mentioning. The bulls may fight hard for this level and if they manage to hold this area, the coin will show a good result in the middle term, because the level of 0.1035 is the range support, whereas the resistance and the target for the price may be the upper boundary at 0.1305.
Support levels: 0.0959 and 0.0987.
Resistance levels: upper trendline, 0.1035, 0.1130
I expect a confident bullish position above the level of 0.1035. An indicator for this will be consolidation above the level. Medium-term perspective - growth up to 0.1305.
Regards R. Linda!
XLMUSDT pullback to daily support for attempt at monthly resistThe price is currently trading below a confluence of monthly and weekly resistance. It had an attempt to break this resistance a few months back but could not succeed and it fell back to the weekly support again. That support provided the strength and the price bounced again to that confluence of resistance. The price is again facing pull back from that resistance zone MR1+WR1. I believe that pullback will make the price land on daily support DS1 and will bounce from there. I expect the price to attempt at the MR1+WR1 zone again from the bounce from DS1. Lets see if it can break this. In case it does, the next target shall be monthly resistance MR2 which is sitting around 0.197-0.229. The price may struggle for a while around 0.145 on its way to MR2 in case it breaks the MR1 resistance.
XLMDisclaimer
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XLM S&R>>>>>>>>>>>>>I Have Tried My Best to Bring the best Possible outcome in this Chart.
XLM moving in the short term uptrend and have a good chance to more rising price and support form each marked area's support.
All supply and resistance's marked on the chart you can scroll your mouse on the chart picture.
It's Not a financial advise.
PLZ DYOR
With hopping success>>>>>>