Stellar shortStellar bounced off the resistance area. Asset bounced off the descending trendline. Bearish movement to support level at 0.19 is expected to happen.
XLMUSDT trade ideas
#XLMUSDT 4H Chart
Price previously took out the liquidity resting above the equal highs and moved up aggressively reaching the 6h supply zone at around $0.25 where it got rejected after breaking through the first supply around $0.225. It also left a 2D demand zone on its way up after bouncing from the level of equal lows. MACD is showing bullish weakness, RSI is bought and EMAs are bullish. Price may test the 2D demand around 0.205 before moving up again however it is probable that that will take out the liquidity resting below the equal lows at $0.19 then bounce from the next 1h demand zone around 0.185. Waiting for more confirmation.
XLM 1DXLM broke 50 MAs. The price is trying to break through a strong resistance level. Bullish scenario will push the price up to 100 MA
$XLM Stellar Bullish ButterflyWe've only made it to the 1.13 so far, and at that point the (C)-(D) leg was too shallow to be a shark , leading me to believe we could see another move down to the 1.27. I do like the confluence there, but if we get some legs here and break back above the inflection, id consider that a failed downthrust, double bottom reversal if can manage a higher high locally and confirm the double bottom. Target on the confirmation would be the measured move, or a 2.0 extension from here.
XLM STELLAR COIN hello all.
This seems as if its about to break out. Join in on the fun if it is to the top side of this channel.
Stellar (XLM) formed another triangleSMA and price level support:
On the weekly time frame priceline of XLM is above the 200 SMA and $0.18 support levels.
Down channel:
On a daily time frame, XLM has formed a down channel and bounced by the support. Stellar has also broken down simple moving averages with the time period of 25, 50, 100, and 200 on this daily time frame.
Descending triangle:
On an hourly chart, XLM has formed a descending triangle and it can break it soon. In case of breaking out the resistance it can reach the resistance of down channel on daily.
Analysis XLMUSDTHello friends,
Welcome to these analyses about XLMUSDT , we take look at the 1W time frame.
Support points ( 0.1 )
And
Resistance points ( 0.24 . 0.34 . 0.4 )
Has been specified
The information is provided only for educational purposes, and should not be used to take action in the markets.
Thank you for watching the analysis
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XLMUSDT GLOBAL VISION (X3 POTENTIAL FROM HERE,STRONG BUY)Hello friends.
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Everything on the chart.
Entry: market and lower
TP: 0.4 - 0.7 - ~1$
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
cancellation of growth, consolidation below 0.2
Risk/Reward: 1 to 12
risk is justified
Good luck everyone!
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Open to any questions and suggestions.
XLMUSDT WAVE ANALYSIS (X4 Potential from here, STRONG BUY)Hello friends.
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Everything on the chart.
In the previous idea, I assumed that we had previously received a impulse,
but since we had broken through the base of the impulse I had previously assumed, this scenario was invalidated.
Instead, we formed a flat(3-3-5) in wave (iv). The targets that were previously announced are relevant.
Entry: market and lower
TP: 0.4 - 0.7 - ~1$
Stop: (depending of ur risk). ALWAYS follow ur RM .
after first target reached move ur stop to breakeven
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
XLM short play- Broke through crucial support and is consolidating below it.
- No support up until $0.12
- EMA's curling away from each other, signaling more downward movement might be on the horizon
Xlm#xlm
Hello dear traders, this is my analysis of Stellar:Xlm. .. if Bitcoin drops to 20 thousand dollars.
I achieved important and correct support by combining 3 of the Fibonacci lines and the Ichimoku clouds and the long collisions of the candlesticks.
have a nice day.
Comprehensive analysis of Stellarxlm is on its trend line in daily timeframe, it just broke it but came back to it
In my opinion, by breaking the downtrend line, it can reach the trading ceiling and resume its uptrend and return to higher numbers. It may even reach the last Fibonacci level, which is $ 3.7, but it is unlikely.
The second scenario that can be considered is suffering in the range of 20 cents to 40 cents
But the downside scenario is that Stellar may fall again and reach its support line which is in the range of 12 cents, of course, given the RSI, which shows a sell-off, it reduces the possibility of a fall.
I forgot to say that I drew that vertical line on the chart using Ichimoku time analysis in the weekly time frame.
Crypto Market Slides as Stocks Get Hammered, Bitcoin Falls BelowThe crypto market continued lower over the past 24 hours following a selloff led by technology stocks in the US on Thursday. The falling prices were accompanied by liquidations across the crypto market, with one analyst saying the leverage flush-out could potentially set the market up for a โrelief rally.โ
Here I show you my Reading expectations. Pur always stops. And Targets. Remember: After Trade is before the next trade.
You can be free. You can live and work anywhere in the world. You can be independent from routine and not answer to anybody.
Stellar | What is a plan for XLM ?Last month, the Stellar Development Foundation (SDF) participated in a cryptocurrency hearing hosted by the U.S. House Committee on Financial Services.
๐๐๐ ๐๐๐ง๐๐ฅ๐ฅ๐ ๐๐ข๐ฑ๐จ๐ง ๐ฉ๐ซ๐๐ฌ๐๐ง๐ญ๐๐ ๐ญ๐ก๐ ๐ญ๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐๐๐ง๐ญ๐ซ๐๐ฅ๐ข๐ณ๐๐ ๐ฉ๐๐ฒ๐ฆ๐๐ง๐ญ ๐ฌ๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐ง๐ ๐ข๐ญ๐ฌ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ. ๐๐ข๐ญ๐ก ๐ญ๐ก๐ ๐ซ๐๐๐๐ง๐ญ ๐ง๐๐ฐ๐ฌ ๐ญ๐ก๐๐ญ ๐๐ค๐ซ๐๐ข๐ง๐ ๐๐ง๐ ๐๐๐ฑ๐ข๐๐จ ๐ฐ๐ข๐ฅ๐ฅ ๐๐ ๐ฎ๐ฌ๐ข๐ง๐ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐ญ๐จ ๐ซ๐ฎ๐ง ๐ญ๐ก๐๐ข๐ซ ๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐ฎ๐ซ๐ซ๐๐ง๐๐ข๐๐ฌ, ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐ข๐ฌ ๐จ๐ง๐๐ ๐๐ ๐๐ข๐ง ๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐ฉ๐จ๐ญ๐ฅ๐ข๐ ๐ก๐ญ.
The current status of Stellar:
In its seven years of development, Stellar used to have an illustrious history.
It was once a top 10 blockchain project in terms of Market Cap. And even set a record for a 100x increase in token price before DeFi Summer.
๐๐ง๐ฅ๐ข๐ค๐ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐ฐ๐จ๐ซ๐ฅ๐, ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐ก๐๐ฌ ๐๐ฎ๐ข๐ฅ๐ญ ๐ฆ๐๐ง๐ฒ ๐ฉ๐๐ซ๐ญ๐ง๐๐ซ๐ฌ๐ก๐ข๐ฉ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ ๐ญ๐ซ๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ข๐ง๐๐ง๐๐ข๐๐ฅ ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐ญ๐ฒ, ๐ข๐ง๐๐ฅ๐ฎ๐๐ข๐ง๐ ๐๐๐ ๐๐ง๐ ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ข๐ง๐๐ง๐๐ข๐๐ฅ ๐ข๐ง๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ.
However, according to our Analytics, Stellar is currently growing slowly.
After years of growth, it has a TVL of around US$1.5 billion to date, ranking it 40th among public chains, and this rate is far less than that of the up-and-coming public chains that are just starting.
Stellarโs ecosystem is highly underdeveloped, with only two projects at present and very homogeneous.
Reasons for Stellarโs Slow Growth:
Poor Ecosystem Incentives, At the time of Stellarโs creation, an inflation mechanism was set up to prevent a reduction in the circulation of XLM.
Each year the inflation scheme generates tokens equal to 1% of Stellarโs total supply and accounts for more than 0.05% of Stellarโs total share receiving additional XLM coins.
๐๐ก๐ ๐ฉ๐ฎ๐ซ๐ฉ๐จ๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐ข๐ง๐๐ฅ๐๐ญ๐๐๐ฅ๐ ๐ฆ๐๐๐ก๐๐ง๐ข๐ฌ๐ฆ ๐ข๐ฌ ๐ญ๐จ ๐ข๐ง๐๐๐ง๐ญ๐ข๐ฏ๐ข๐ณ๐. ๐๐จ๐ฐ๐๐ฏ๐๐ซ, ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐ฌ๐ก๐จ๐ฐ๐ฌ ๐ญ๐ก๐๐ญ ๐๐% ๐จ๐ ๐ญ๐ก๐ ๐๐๐ ๐ข๐ง๐๐ซ๐๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐จ๐ข๐ง๐ฌ ๐ฐ๐๐ง๐ญ ๐ญ๐จ ๐ญ๐ก๐ ๐๐๐
(๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ ๐
๐จ๐ฎ๐ง๐๐๐ญ๐ข๐จ๐ง) ๐๐ง๐ ๐๐ข๐ ๐ง๐จ๐ญ ๐๐๐ง๐๐๐ข๐ญ ๐ญ๐ก๐ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ.
One reason for this is that the foundation has been involved since the early days and therefore can participate in the annual distribution of newly generated tokens.
๐๐ก๐ ๐ฌ๐๐๐จ๐ง๐ ๐ซ๐๐๐ฌ๐จ๐ง ๐ข๐ฌ ๐ญ๐ก๐๐ญ ๐ฆ๐จ๐ฌ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐ฉ๐๐ซ๐ญ๐ข๐๐ข๐ฉ๐๐ง๐ญ๐ฌ ๐ฃ๐จ๐ข๐ง๐๐ ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐๐ ๐๐ฎ๐ซ๐ฌ๐ญ ๐๐ง๐ ๐๐ซ๐ ๐ฌ๐ฉ๐๐๐ฎ๐ฅ๐๐ญ๐ข๐ฏ๐ ๐ฎ๐ฌ๐๐ซ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ฅ๐ข๐ญ๐ญ๐ฅ๐ ๐ข๐ง๐ฏ๐จ๐ฅ๐ฏ๐๐ฆ๐๐ง๐ญ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐จ๐ฌ๐ฒ๐ฌ๐ญ๐๐ฆ.
The Omission of SDF:
The foundation holds a large number of tokens due to inflationary mechanisms. However, the foundation has failed to use these tokens to help the project function better. In 2019 the foundation has only consumed $40,000 for community projects.
๐๐๐ฏ๐ข๐ง๐ ๐ ๐ฅ๐๐ซ๐ ๐ ๐๐ฆ๐จ๐ฎ๐ง๐ญ ๐จ๐ ๐ฆ๐จ๐ง๐๐ฒ ๐๐ฎ๐ญ ๐ง๐จ๐ญ ๐ฎ๐ฌ๐ข๐ง๐ ๐ข๐ญ ๐ฐ๐๐ฅ๐ฅ ๐ฆ๐๐ฉ๐ฌ ๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ข๐ง๐๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐ฎ๐ง๐๐๐ญ๐ข๐จ๐ง.
In 2019, the Stellar Development Foundation initially mitigated the token mismatch by ending its inflation plan and destroying more than 50% of its tokens. However, XLM still needs to expand its usage scenario.
The Road Ahead for Stellar, Although Stellar ended up lagging since its launch, it is set to make a comeback from 2021.
With the explosion of DeFi projects, multi-currency, cross-chain transfers are a current blockchain pain point, and Stellar offers one of the solutions that define a new standard for global payments.
๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐ก๐๐ฌ ๐ ๐๐ข๐ง๐๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ซ๐๐๐จ๐ ๐ง๐ข๐ญ๐ข๐จ๐ง ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐๐ฑ๐ฉ๐๐ง๐๐๐ ๐ฉ๐๐ฒ๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ, ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ง๐ค๐ฌ, ๐๐ข๐ง๐๐ง๐๐ข๐๐ฅ ๐ข๐ง๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ, ๐๐ง๐ ๐ฆ๐จ๐ซ๐, ๐ ๐๐ข๐ง๐ข๐ง๐ ๐ซ๐๐๐จ๐ ๐ง๐ข๐ญ๐ข๐จ๐ง ๐๐ซ๐จ๐ฆ ๐ฆ๐ฎ๐ฅ๐ญ๐ข๐ฉ๐ฅ๐ ๐ฉ๐๐ซ๐ญ๐ข๐๐ฌ ๐๐ง๐ ๐ฌ๐๐ฏ๐๐ซ๐๐ฅ ๐ฌ๐ญ๐ซ๐จ๐ง๐ ๐ฉ๐๐ซ๐ญ๐ง๐๐ซ๐ฌ ๐๐ฌ ๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐ฌ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐๐จ๐ซ ๐๐ซ๐จ๐ฌ๐ฌ-๐๐จ๐ซ๐๐๐ซ ๐ฉ๐๐ฒ๐ฆ๐๐ง๐ญ๐ฌ.
EVM Compatibility:
The incompatibility of Stellar contracts with EVM means that developers cannot quickly deploy projects on Ethereum to Stellar in February 2021.
FlareNetworks has announced the integration of Stellar Lumens (XLM) with its smart contract platform, thus enabling compatibility with the Ethereum blockchain. If successfully landed, Stellar will be even more scalable.
Stellarโs recent moves show that it continues to interface with the financial community and bridge the gap between traditional and on-chain payments.
๐๐ ๐๐๐ง ๐ค๐๐๐ฉ ๐๐ง ๐๐ฒ๐ ๐จ๐ง ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐ง๐ ๐ฅ๐จ๐จ๐ค ๐๐จ๐ซ๐ฐ๐๐ซ๐ ๐ญ๐จ ๐ข๐ญ๐ฌ ๐๐จ๐ง๐ญ๐ข๐ง๐ฎ๐๐ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ ๐ข๐ง ๐ฌ๐จ๐ฅ๐ฏ๐ข๐ง๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐ฉ๐๐ฒ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ.
๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐ข๐ฌ ๐จ๐ง๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ๐๐ฎ๐ฅ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐ฆ๐๐ซ๐ค๐๐ญ, ๐๐ง๐ ๐ฌ๐ข๐ง๐๐ ๐ข๐ญ๐ฌ ๐ฅ๐๐ฎ๐ง๐๐ก, ๐ข๐ญ ๐ก๐๐ฌ ๐ง๐๐ฏ๐๐ซ ๐๐๐๐ง ๐จ๐ง ๐ญ๐ก๐ ๐ง๐๐ ๐๐ญ๐ข๐ฏ๐ ๐ฌ๐ข๐๐ ๐จ๐ ๐ญ๐ก๐ ๐ฉ๐ซ๐ข๐๐ ๐๐ก๐๐ซ๐ญ. ๐๐ญ ๐ก๐๐ฌ ๐๐๐๐ง ๐ฆ๐จ๐จ๐ง๐ข๐ง๐ ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐๐๐๐๐ฎ๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐ข๐ง๐๐ซ๐๐๐ข๐๐ฅ๐ ๐ฉ๐ฅ๐๐ญ๐๐จ๐ซ๐ฆ ๐ญ๐ก๐ ๐ญ๐๐๐ฆ ๐ก๐๐ฌ ๐๐ฎ๐ข๐ฅ๐ญ ๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐ฒ๐๐๐ซ๐ฌ.
Stellar 2022 road map looks promising as the team pushes harder to keep the payment platform borderless, limitless, and powerful in DeFi space. With more products coming and improvement of the existing ones, $XLM has huge potential to continue mooning in 2022.
Stellar receives an average long-term technical score of 65 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. XLM currently holds a superior long-term technical analysis score than 65% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.
Trading Analysis:
Stellar's price is -$0.0600000 (-19.70%) below its 100-day moving average price of $0.330000000 as its price at the moment sits at $0.250000000. Additionally, XLM is $0.0600000 (-5384.59%) higher than its 52-week low price of $0.200000000 while -$0.54000000 (-1222.75%) under its 52-week high of $0.800000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives XLM an average long-term technical score of 65. Long-term trading movement of Stellar suggest that investors are neutral on the coin at the moment. Stellar has a market capitalization of $6,457,733,682.55 and a relatively high average daily volume with $2,067,837,419.32 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, ๐๐๐'๐ฌ ๐ฏ๐จ๐ฅ๐ฎ๐ฆ๐ ๐ข๐ฌ ๐๐๐ฅ๐จ๐ฐ ๐ข๐ญ๐ฌ ๐ฌ๐๐ฏ๐๐ง ๐๐๐ฒ ๐๐ฏ๐๐ซ๐๐ ๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐,๐๐๐,๐๐๐.๐๐ ๐๐ฑ๐๐ก๐๐ง๐ ๐๐
๐๐ซ๐๐๐ข๐ง๐ ๐ฉ๐๐ญ๐ญ๐๐ซ๐ง๐ฌ ๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐ฅ๐๐ฌ๐ญ ๐ฒ๐๐๐ซ ๐๐จ๐ซ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐ฅ๐๐๐๐ฌ ๐ญ๐จ ๐ญ๐ก๐ ๐๐จ๐ข๐ง'๐ฌ ๐๐ง ๐๐ฏ๐๐ซ๐๐ ๐ ๐ฅ๐จ๐ง๐ -๐ญ๐๐ซ๐ฆ ๐ญ๐๐๐ก๐ง๐ข๐๐๐ฅ ๐ฌ๐๐จ๐ซ๐ ๐จ๐ ๐๐ ๐๐ฌ ๐ข๐ญ๐ฌ ๐๐จ๐ง๐ฌ๐ข๐ฌ๐ญ๐๐ง๐๐ฒ, ๐ฏ๐จ๐ฅ๐๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ, ๐๐ง๐ ๐ซ๐๐ฅ๐๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐ฅ๐จ๐ง๐ -๐ญ๐๐ซ๐ฆ ๐๐ฏ๐๐ซ๐๐ ๐๐ฌ ๐ก๐๐ฌ ๐ ๐ข๐ฏ๐๐ง ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐จ๐ซ๐ฌ ๐ซ๐๐๐ฌ๐จ๐ง ๐ญ๐จ ๐๐ ๐ง๐๐ฎ๐ญ๐ซ๐๐ฅ ๐จ๐ง ๐ญ๐ก๐ ๐๐จ๐ข๐ง.
- ๐๐โ๐ ๐ถ๐บ๐ฝ๐ผ๐ฟ๐๐ฎ๐ป๐ to keep in mind that cryptocurrency markets are extremely volatile, making it difficult to accurately predict what a coinโs price will be in a few hours or a few days and even harder to give long-term estimates. As such, analysts and online forecasting sites can get their predictions wrong. We recommend that you always do your own research and consider the latest market trends, news, technical and fundamental analysis , and expert opinion before making any investment decisions. Be patient and look long term wisely and never invest more than you can afford to lose.
Trading & Investing both are the master of RISK.
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Have a profitable day.
| Review and analysis by Samadi.Finance |
xlmlike i said this scam could drop to 0.20 zone got got more order filled to averege down, i think this is the bottom. if you are wondering why btc and alts dropping. the STock Markets fault its is crashing like back in 2020 so thats the reason it drags everything down . good luck
XLM is about to leave the triangle.XLM is struggling to maintain the $ 0.24 level. We approach the exit of the triangle, we should observe the direction in which we leave the designated zone. Another support at $ 0.20. in the case of a downward move. If the XLM begins to gain strength, it may attack the price of $ 0.275.
STELLAR - Final Short Or Breakout?? ๐จStellar is approaching a very interesting level where we may see a breakout or we may reject for the final time to reach our ideal buy area of 0.20.
SHORT Trade idea:
- Watch for lower timeframe trendline break
- Enter with stops above recent high
- target the 0.20
Breakout Trade Idea:
- Watch for a break of the descending black trendline
- Wait for a pullback and then enter with stops below the most recent rejection
- Targets: 0.43, 0.80
Goodluck!
#XLMUSDT 4H ChartPrice is still ranging inside the descending channel however it is inside a major demand zone. MACD is not clear, RSI is below 50% and EMAs are bearish. Price should break out the resistance line and move upwards from here aiming for the 1h supply zone as a short term target.
xlmusdtlol this scail just cant stop dropping, i tink this is the bottom for this thing but myight consider putting some scalp orders at 0.20 incase a flash crash, otherwise looks ok to bounce off at here
XLM is going up in days aheadThis pattern has happened in the past repeatedly and is expected to happen again this time
XLM - 4HR TF BIASQuick Review on XLM possible play.
Breaking structure on .2636 price and potential retracement on our key level support.
TAYOR.
