XLMUSDT trade ideas
Bullish on XLM after 0.08$ area is visitedNoticed there’re quite a lot of bullish ideas on XLM shared. I’m also bullish on the long run, but see no reversal signs yet: XLMBTC is weak, EFI and RSI aren’t showing any divergences. I believe more downside is coming and I will consider to step in at 0.08$ area for mid term exposure all the way up to 0.16$ of the upper boundary of the bullish megaphone. Thoughts?
XLMUSD 🔥 Breakout or Breakdown 🔥After hitting supply zone around 0.11 - 0.10 it started to decline up to the point that we are currently at a demand zone. From this zone I think 3 things could happen:
We get a bounce off this level to continue the descending triangle pattern up until TARGET: 0.09 and then it could actually breakout from the entire triangle instead of declining again but we'll have to see how price reacts once it hits the triangle resistance.
Price breaks down then the next target would the nearest demand zone at around: 0.07 - 0.08 so we'll see how this plays out.
As always, manage risk accordingly. Never risk entire portfolio and study by yourself before you commit to an investment.
Regards,
Kina 🔥
XLM: A Very LONG Bullish Opportunity is ComingXLM: A Very LONG Bullish Opportunity is Coming
After XLM broke out from a large bullish pattern we can see that it is moving
down with very low volume.
It is following all the other Altcoins with this movement so all is fine overall.
I am expecting XLM to test 0.07700 during the coming weeks and with that pattern
it will increase the chances for a beautiful bullish movement.
So let's see if we will have the chance to buy near 0.07700
Thank you and Good Luck!
Market Psychology on xlmusdt on 4HTFBINANCE:XLMUSDT
- The institutional market cycle signals the end of a downtrend, the market clears liquidity and it appears that a bullish pattern starts to form in 1-2-3 direction.
-There is imbalance in the last bearish candlestick and it also has a huge momentum, which shows that the market will tends to move in that direction to fill the imbalance.
-There is liquidity cleared bottom in our POI
- There is accumulation in our POI, the more the accumulation, the potential that the uptrend springs sporadically.
- There is also an Institutional candlestick on LTF in our POI.
XLM - Be Patient ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
XLM has been stuck inside a big range in the shape of a flat rising broadening wedge and it is currently approaching the lower bound / red trendline.
Moreover, the zone 0.08 is a support zone .
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower brown trendline.
As per my trading style:
As XLM approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Turnaround in Progress: #XLMUSDT Pullback Nears Completion💎#XLMUSDT successfully shattered the key resistance, signaling a significant shift in market dynamics. The subsequent breakout from the ascending channel propelled the price higher. A subsequent pullback found support precisely at the crucial 61.8% Fibonacci retracement level, underscoring its significance.
💎Notably, the emergence of a bullish divergence on the MACD indicator hints at a potential conclusion to the correction phase. However, to solidify the long-term uptrend continuation, the formation of a new higher high becomes a pivotal requirement.
💎Stay vigilant, closely monitoring the price action for confirmation of a sustained upward trajectory. Exciting times lie ahead for #XLM as it seeks to build upon its recent gains and potentially embark on a new bullish leg.
XLMUSDT Bear Pressure From SupplyHello from your favourite T.A. Guru, the guru who tells you to research and practise as practise improves. No groups, no selling, no nonsense.
XLMUSDT is bearish at 0.1132, and a break of the key area should favour shorts. The potential profit target area is 0.0867, with a bias of 0.0700.
Best followed with an RSI.
Stellar Lumens XLM formed bullish BAT for upto 25.50% moveHi dear friends, hope you are well and welcome to the new trade setup of XLM with US Dollar pair.
Recently we caught nice trade of XLM as below:
Now a daily time frame, XLM has formed a bullish BAT pattern for the next price reversal.
At the moment after the completion of final leg the priceline has slightly moved up, therefore, we can wait for some price correction to catch from the buying zone.
Buy between: $0.0901 to $0.0870
Sell between: $0.0995 to $0.1094
Stop loss: Below $0.0870
Possible profit ratio:
As per above targets there is a profit possibility of almost 25.50% and a loss possibility is upto 4%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
XLMUSDTHello everyone,
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for XLMUSDT
There we have R3 and R1 on the top of the chart which are our resistance areas with the presentation of unsuccessful triumphs of the price to rise. R2 used to be a support area. And at the bottom of this chart, S1 and S2 are the support areas that show the well support of price at some points even since the past. We observe the price behavior in the past that was ascending after its support at S2 line for two times and after every support, the price could rise well toward higher amount which ended up to R3 after its last support. Then via having another decline, this time the price moved toward S1 and presently we see it is moving over the mentioned area. Thus, we see the fluctuation of price above S1 and below R1 after having a falling trend to the current point and our expectation would be two options here. Either the price is supported well at the current point and start its rise upward to R1 and even more to R2 via more fixation over there. Another option contains a falling trend by which the price is not supported anymore and a decline is waiting for it toward lower amounts. It is better to wait for the price to break R1 upward or even to move below S1 and then enter trading. Due to the consistence of an ascending triangular shape, we expect the price to have more rise so wait for the proper moment to put your orders and act wisely. You should consider the market situation in the lower time frames and make sure what will happen exactly. We highly recommend you to obtain every piece of information and idea through our updates for enjoying more profitable trades. Keep in mind to consider market conditions in lower time frames in order to make sure of a good point to put your trade order, we suggest you to wait for the time which the price is in its return upward.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Have a nice time
#XLMUSDT #LQR #TOBTC #LaqiraProtocol● You could get up to 85% ✌️😉 profit from the March 30 analysis
• Support and resistance are specified in the chart
• Levels are obtained from the intersection of the fib and static levels
• You can open a position after confirmation
• This analysis is not an offer to buy or sell
#Stellar Crashing, XLM May Retest $0.085 After A 54% SurgePast Performance of Stellar
After days of sideways movement, Stellar prices crumbled on April 19. The coin is now trading below critical support levels, now resistance, at the back of expanding volumes. Immediate resistance lies at April 19 high of around $0.10.
#Stellar Technical Analysis
Bears appear to be flowing back, days after XLM rose 54% from mid-March. What's conspicuous is the wide-ranging bear bar of April 19 that broke below the middle BB with high volumes. This bar will anchor the short and medium-term formation. As such, as long as prices are below $0.10, traders can look for entries to unload, targeting $0.085, marking the base of the March 21 bull bar. This level also coincides with the 78.6% Fibonacci retracement level of the March to April 2023 trade range. On the lower end, bears may force the coin back to March 2023 lows at $0.075.
What to Expect from #XLM?
The retracement on April 19 follows weeks of horizontal consolidation. This represents a bear breakout, and there are higher odds of XLM printing lower in sessions ahead.
Resistance level to watch out for: $0.10
Support level to watch out for: $0.085
Disclaimer: Opinions expressed are not investment advice. Do your research.
Stellar Lumens XLM formed a Gartley for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of XLM with US Dollar pair.
Previously I shared a long-term trade setup for XLM, which is still in play:
Now On a 4-hr time frame, XLM has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade