XLMUSDT trade ideas
XLM - Buy Signal!Hello everybody. This is my first analysis of Stellar coin. Now we have strong support area at 0.20 - 0.23$ and you can buy and hold in three steps. Also we have red downtrend line and it will break possibly, in RSI we have similar downtrend line. Stellar is one of the coins that can make new ATH in 2022.
Stellar (XLM) formed bullish Gartley for upto 97.5% rallyHey dear friends, hope you are well and welcome to the new trade setup of Stellar ( XLM )
Previously we had a nice trade of XLM:
Now on a weekly time frame, XLM has formed a bullish Gartley pattern. Right now after completing the leg priceline is moved slightly above the buying zone, therefore, we can wait for a correction to buy it from the potential reversal zone.
XLM 77 Week Moving Average SupportYes, bitcoin defended it's inverse head and shoulders neckline amazingly today and we are having a nice recovery. XLM is looking great here, above the 77ma and looking strong. It is currently 25th by market cap and EXTREMELY undervalued, for what Stellar is doing. This will be big - it will climb through the ranks, I am certain of it.
I am long here and looking for these big numbers up there based on the Lion King image.
The king is ready to return home, to return to glory.
The fundamentals of this coin, coupled with this beautiful defence on the 77 week average makes this possibly the greatest investment in the top 100 crypto coins from this point on. Well OK, maybe MATIC could be better! But still - this should be great! I've placed my chips.
🔵XLM & The Difficulties To reach 0.60$Hi every one
STELLAR / TETHERUS
XLM is in an Ascending Triangle. The Price has not managed to Break this Pattern yet,but we expect a Break out to happen Soon. and when It happens,we can Expect The Price to Increase as much as the Measured Price Movement (AB=CD) But It would React to Pivot Points on It's Way! yearly Pivot Points would be Great Resistances For XLM. We Expect a Reaction From the Price If The Break out happens: The First Pivot Point (yearly) will be a Strong Resistance,and The Upper line of the Triangle Will be a New Support! after Doing a Pullback to The New Support, The Price will ascend Further & Will react to The Next Pivot Point! After a Little Bit Of Correction, We shall The Price Finally Be able To Reach The Expected Target (Which is Around 0.60$). This Scenario Has Been Drawn For you on The chart & It all Depends On The occurrence of The Break out!
🔵Summery:
-XLM is in an Ascending Triangle.
-No break out yet!
-when The Break out happens, price would React to yearly Pivot Points!
-Target Is around 0.60$
🔴This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
🆓Stellar (XLM) Dec-5 #XLM $XLM
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📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.24$ zone
🔴Buy : 0.26 - 0.24
🔴Sell : 0.32 - 0.4
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.24$ zone
🔵Sell : 0.24
🔵Buy : 0.2
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Stellar vs Tether Looks Even BetterThere is no doubt here, XLMUSDT is full blown bullish mode.
Since yesterday, XLMUSDT went from trading below EMA300/100/50/10/MA200 to trading above it.
So today we have a candle above all these levels.
This one looks like the other USDT pairs.
There are no surprises.
We had months of consolidations.
Years to prepare...
Make sure to work on your strategy to maximize profits.
Improve your results.
That's it for now.
Namaste.
XLMUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price has hit its support line and is supported, and has broken its resistance line upwards.
We expect the price to be able to touch our target over time.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck