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XLMUSDT trade ideas

XLM/USDT (Futures) About to Launch Its Rocket 🚀📈 XLM/USDT (Futures) | Potential Upward Movement 💡 Buy Limit Order @ 0.33989 🎯 Target Profit 0.36537 🛑 Stop Loss 0.33149 ❌ Do not risk more than 1% of your account on each trade Description: The price is trading inside a descending flag pattern where a lower correction could be seen to the highlighted zone which is the area of confluence. This is area is made of the bespoke support, the 50% Fibonacci retracement level, and the lower end of the common pattern. After this move we could see the market moving to the upside with a new impulsive wave. ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️ ------------------------------------------------------------------------------------- 🙂 Good Luck!
Long
by CollegeofPips
2
🔥 XLM On Strong Support: Bounce LikelyOver the course of around 1.5 years, XLM has been following this support line. For multiple occasions the support held strong and caused a bounce. Seeing that XLM has yet again touched said support, I see it likely that the price will at the very least bounce in the coming days. Unclear yet if the support will hold; if it won't, we might face further downside. In case of a bounce I'd be looking at the $0.39 area for a potential exit. We'd have to see if BTC manages to reach $60k again in the coming days. Happy trading!
by FieryTrading
12
XLM/USD - Another attempt at resistance. PAMP to follow? 🤗XLM is getting ready to try another break of the resistance at 42 cents. If this is successful, XLM can enter a nice rally to take us much higher and hopefully back towards the all time high at $0.92. The lower timeframe indicators are bullish and a retest is imminent, if that translates into bullishness on higher timeframes like daily, then XLM can run! XLM has also formed a nice ascending triangle in blue which is a bullish formation most of the time, particularly in a bullish market. :) Bias --- BULLISH. :D We should break away from this triangle eventually. Stay tuned! Like and follow fi you liked this idea!
Long
by DU09
2
XLM Needs to Break Weekly Resistance to see solid growthXLM is currently stuck in a range and has been quite difficult to get a good long position opened on without getting swept back down to weekly support. Overall the bias is bullish and price is holding above the ema's. We need a close above .43c and and consolidate above it to turn it into support. Once this happens we should be able to see XLM find its way back to the next level around .56 cents area and then ATH. I wouldn't trade in the current area on longer timeframes here. Bollinger bands are getting quite tight so we could see a decisive move soon, expectation to the upside but it could also wick down to sweep the longs then go up. If we get any wicks down bellow .34 cents that would be a good area to open up a long. not financial advice.
by OneAutumnLeaf