xlmxlmusdt formed falling wedge chart pattern in weekly tf
incase of breakout expecting minimum 5x but we needs to wait patiently
Note plz always wait for confirmed breakout
STELLAR
XLM WILL HIT THE 55 FIB EXTENTSION!- IF you were to invest £500 by dollar cost averaging in at around £0.09 a coin, £100 a month for 5 months if it stays at this price!
- You would accumulate around 5,555 XLM coins!
- Now if you ware to divide your 5,555 XLM into 3 sections you would have 1,851 coins split into 3!
- TARGET 1 - SELL 1,851 at the 4.618 level (£2.08) - 1,851 X £2.08 = £3,850
- TARGET 2 - SELL 1,851 at the 21 FIB level (£8.94) - 1,851 X £8.94 = £16,547
- TARGET 3 - SELL 1,851 at the 55 FIB level (£25) - 1,851 X £25 = £46,275
If you have the patience and wait for XLM to reach those FIB LEVELS, then your £500 investment could be around £66,672!
- NOT FINANCIAL ADVICE - PLEASE DO YOUR OWN RESEARH - ONLY INVEST WHAT YOU ARE WILL TO LOSE!
Stellar Lumens XLM formed a bullish Gartley for upto 27.50% pumpHi dear friends, hope you are well, and welcome to the new update on Badger DAO with US Dollar pair.
In the below previous idea after breaking down the potential reversal zone the price line recovered soon and started the rally:
But this time we have strong support at $0.10, therefore, in my opinion, this time there are fewer chances for the breakdown.
Now on a daily time frame, XLM has formed a bullish Gartley pattern.
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
XRP vs XLM reloadedWho is gonna be stronger?💪 This is comparison XRPUSDT / XLMUSDT , so if the:
*price is going up, it means XRP is stronger than XLM
*price is going down, it means XRP is weaker than XLM
Here we go again. First of all check the first battle of these rivals where as predicted XRP got the upper hand:
After reaching the target it was just one big spiller down. Now it seems that after breaking all the trendlines, price shaped nice Head and Shoulder pattern with neckline slightly above the 0.5 fib. IF price breaks down, we could potentially see a drop down to lower range (fib 0.236 & 0.146 and even deeper). H&S target being 1.075.
To sum it up, I think that in the following weeks/months, Stellar could be stronger than Ripple with some pullbacks along the way (as shown by the red path). What's your take?
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
XLM Stellar Lumens Let's, take a look at XLM Stellar Lumens and talk about the Key levels to be watching and what some realistic expectations could be for short and or longer-term plays.
We will go back and look at some of the past history and reactions to different price levels per the last Bull and Bear cycles as well as discuss briefly about the differences between then and now.
We cover a short-term outlook as well as a longer-term horizon for those actually buying now and investing for their future's.
Looks Ready to MoveThis asset has always been fun to trade against USD and BTC. When XLM moves it really moves quick and swift. The price action reminds me of the end of 2020 just chopping around with low volume in a small range. We can see the range is very significant and has lots of historical price action. A break out of this range could be the start of a nice rally to the green box. The bullish divergence on the weekly is what confirms it for me to have great potential.
Buyer BEWARE stellar lumens breakout.I see a lot of people trying to ape into XLM Stellar lumens here, i see people calling for top 20 coin overnight and for calls as high as $0.20 cents plus RN. I would be HIGHLY skeptical of this breakout and look at it more as a weekend scam pump and or also a bit of relief rally. I like XLM personally and think it has legs still for the future and a BIG run coming. However, in this exact moment and time I don't see a reason for anything much more than a relief rally off the lows and it's just staying within the range it has been trading in the 9cents to 14 cents ranges that's mainly that wide just by candle wicks, real bodies are even tighter and more like a $0.10 bottom and $0.13 tops. Look at the overall real trend and ZOOM out to a higher time frame.
XLM - AnalysisXLM recorded a nice price increase over the past week. Support was considered for it in the range of $0.1140 to $0.1130, which saw a good positive reaction to this range. The price of this currency registered a 10% increase. For this current range, you can consider a short-term bullish channel. The price is rising, and there is a potential to hit the resistance in the range of $0.1310 to $0.135.
If we have buying pressure in the market, and the specified resistance range is broken, the next target for buyers could be the resistance at $0.150-$0.160. This range is the main resistance of the Stellar currency, and there is a possibility of a negative reaction in this range and saving the profits of short-term buyers. A bullish angle pattern has formed on the RSI indicator, and as long as this indicator is inside the pattern, we can expect price growth.
Potential of Stellar LumensBased on donchian channel, XLMBTC is now near generational bottom area.
And look at the chart using Tom Demark sequential countdown method, indicating 13 in the several main HTF.
Futhermore, using BNF's methods, we can see this chart is in the historical bottom, too.
Using XLM chart to ETH would also be good for analyzing.
And then... patience is the key.
XLM | Stellar Has Been Accumulating Volume Since MayXLM | Stellar Has Been Accumulating Volume Since May
Price is testing the bottom of the pattern for the third time
and thereby creating a potential megaphone pattern.
During the last days, the price increased by about 17%.
A good part of the movement was supported by XRP.
XRP is showing positive developments regarding the lawsuit they have.
This is one of my favorite projects and it should grow further.
Targets:
🎯 0.15072
🎯 0.17021
🎯 0.23681
Thanks and Good Luck!
XLM - Wait For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
XLM has been overall bearish for a while trading inside the red wedge pattern.
Lately we can see that the bears are getting exhausted, not being able to push lower as before, getting stuck inside a range forming an accumulation phase.
Moreover, XLM is sitting around a strong support and round number 0.1 and forming a double bottom pattern.
But of course, the bulls aren't in control yet.
Trigger => For the bulls to take over, we need a momentum candle close above the gray neckline.
Meanwhile, until the bulls take over, XLM would be stuck inside a range between 0.1 and 0.14
Which scenario do you think is more probable and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Stellar Lumens XLM Is Getting Closer To a Huge BreakoutHi friends hope you are well and welcome to the new update on XLM.
Big down channel:
On a weekly time frame, from Feb 2018 to April 2020 Stellar formed a very long-term down the channel.
Huge BAT move:
During the formation of the aforementioned down channel XLM also formed a very big harmonic bullish reversal BAT pattern, which I also shared with you in 2020 as below:
www.tradingview.com
After the completion of the above BAT move, XLM surged around 1000%.
Another big falling wedge pattern:
Now again on a weekly time frame, during a big drop XLM has formed a big falling wedge pattern. The priceline entered the wedge on May 21 and still moving in this big falling wedge pattern. Now the movement of Stellar has been squeezed inside this huge pattern.
The key support and resistance levels:
XLM has already tested key support of $0.10 and if it breaks out the big wedge then the next key resistance will be at $0.12.
Descending triangle:
On a daily time frame, for more than 4 months XLM is moving inside a descending triangle, and now the movement of the price line is also getting squeezed inside this descending triangle, therefore, soon we can expect that priceline may break this triangle. If Stellar breaks down the support of this triangle then the target to the downside is at $0.045, however, we have key support at $0.10, therefore, it will be really very difficult for XLM to break down this support, and in case of break out the triangle’s resistance, the target to the upside is approximately $0.18. In that situation, Lumens can also easily break out the wedge and also the key resistance of $0.12. By the way, the target for the break out from a big falling wedge pattern, which has been formed on a weekly time frame is approximately $0.75.
Conclusion:
After a big drop XLM has formed a big falling wedge pattern and now the movement is quite squeezed that is another signal that soon the priceline can break this pattern soon. As it is a kind of repetitive move like XLM previously formed from 2018 to 2020, therefore, we can expect that this time Stellar can start a big rally after breaking out this huge pattern.
XLM - AnalysisXLM experienced good price growth in the past weeks. After the price reacted positively in the support range of $0.098-$0.105 and broke out of its descending channel, the price pulled back to the ceiling of the broken descending channel, and from this range, we saw a 30% price growth. Although the power of buyers was greater than the power of sellers, the price hardly reached the resistance range of $0.130 to $0.135. Every time the resistances were broken, the selling pressure in the market increased, until an extreme reaction was observed in meeting this resistance, and in the following days, we saw a heavy 20% drop and pullback to the ceiling of the main descending channel.
All the resistance ranges that were considered on the chart are accompanied by a precise reaction and again from the support range of 0.107 to 0.178 dollars, we see the growth of the price of this currency. Also, the resistance of the $0.113 range has become a support, and the price can grow more after the complete exit from the large descending channel. An important resistance in the range of 0.146 to 0.160 dollars for this currency can be the first target of buyers.
XLM/USD - Can XLM explode like XRP? YES! 😍XLM is lagging behind XRP in terms of price action. You can call it the little brother of XRP.
XRP consolidated in a similar channel and then broke out with a 50% pump.
I expect XLM to rally hard once it breaks this channel. The price action and volume show that buyers are interested.
My bias is bullish on this price action. Not sure why XRP and XLM are bullish in the current market conditions, but I am not here to judge, but rather to analyze the price action.
XLM looking quite decent here, but watch for a possible rejection again at the key resistance level.
Like and follow if you liked my idea!
XLM pumped 5%. What's next?Hello, dear TradingView members.
This is an XLM idea.
XLM moved 5% up and became one of today's top gainers.
The price now is on the local resistance level.
There are 3 support levels on the way down and only one solid resistance in the short-term scenario on the way up.
There are two scenarios in the current situation:
Scenario One:
The price will pass the local resistance and move to the solid resistance area and gets rejected and falls back on the local resistance and turns it into support.
Scenario Two:
The price will get rejected by local resistance and fall back to the half-shadow support levels.
RSI is in the overbought area, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
RIPPLE WN?hi guys i hope you are well.
Today the news are good for Ripple. As the judge ordered to show the *HITMAN* SPEACH.
he said: ETH WAS NOT A SECURITY AND XRP EITHER.
Judgment very soon.
Hold the door and fly to the Moon!
By the way we are in the support line.
Triangle marked the point where it woke up.
STELLAR (XLM)A bullish cross of 1D 50MA with 200MA could bring XLM into 0.000006 BTC area. That's the spot where 3D 200 EMA is hanging.
Again, let's see at once how BTC is developing, I think if it rise in 35k area could bring a positive sentiment to the market, even for short time though.
I am stuck with it since Jan therefore I need a bounce. 👆🏻
Best regards everybody.
XLM Moments Before Krypton | Need to Break 11-13 CentsXLM What a great project. Lots of consolidation done, very good girl stellar.
Stellar (XLM) formed bullish Gartley for upto 12.50% moveHi dear members, hope you are well and welcome to the new trade setup of XLM .
Previously I shared a long-term trade setup for XLM , which is still in play:
Now on a 4-hr time frame, XLM has almost completed a bullish Gartley pattern. There is also a hidden bullish divergence, as the priceline is forming a higher low and Stochastic is setting a lower low.
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
XLM Can Start to Increase soonXLM is in a Rounded Bottom Right now Which means the Price will Be Increasing Soon. The Price will be Increasing as much as the Measured Price Movement (AB=CD) That means the Price will Reach around 0.1600$. 27% Profit (at least !) Note that we should wait for a break out to happen.
-XLM is in a rounded Bottom
-No break out
-(AB=CD)
-0.16$ is the Target
-27% Profit
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
Stellar XLM Bearish SentimentFriday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum .
With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this week.
XLM/USDT short
Entry Range: $0.110 - 120
Price Target 1: $0.098
Price Target 2: $0.0.092
Price Target 3: $0.080
Stop Loss: $0.129
ARIASWAVE CRYPTO MARKET UPDATE - Tracking the Latest Price MovesIn this video I cover Bitcoin and XLM and talk about what I see happening over the coming months.
I believe we will see a relief rally sooner rather than later in these markets.
I have adjusted the count for Bitcoin due to the waves observed that the current lows.
Each wave that occurs in the markets gives off clues to the overall count which is why I've been patient.
If we are to expect some kind of rally, then it's best to understand which waves will cause it.
In the case of Bitcoin, it looks to be part of the corrective portion of Wave D of Wave 2.
In the case of XLM's potential to rally it looks like it is Wave C of Wave 2.
For now, it appears to be wise to wait for Bitcoin to at least trace out the start of a bear market rally...
Whereas in the case of XLM it looks like it has already displayed signs that the bear market rally has already begun.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
Stellar XLM Impending Breakout!XLM is one of those assets that has just been beaten down again and again with no real push off of the lows. It's becoming too good of an opportunity for price appreciation and I believe it's primed for a breakout. Beyond some of the technicals I'm showing here there are also numerous fundamental reasons I think Stellar is overdue for some price appreciation.
A close above the 100 day MA would be bullish and likely cause a push up to .12 a close below will likely result in another visit back down into the .10 range. Regardless it's either up soon for XLM or off to new lows. A break and close above .12 on the daily would likely take XLM up to .15 then .17
