XLM breaks bearish channel - Bullish price actionXLM has broken upward from its bearish channel. EMA9 is converging on EMA50; crossover would be nice confirmation, but it's probably worth a long position at this stage already. Set tight stop loss because you never know what Putin will do next to spoil the party.
STELLAR
If You'd Bought $100m Worth of Stellar (XLM) 5 Years AgoKey points
Stellar allows you to create and send digital representations of any type of money.
A $100m investment in this cryptocurrency five years ago would now be worth over $940m.
Fans of Stellar believe it still has plenty of room to grow, but like all cryptocurrencies, it's a risky investment.
Launched in 2014, Stellar (XLM) is an ambitious project designed to make it fast and cheap to transfer any kind of currency. Even though its price isn't anywhere close to its previous highs, it has still paid off for anyone who got in early.
BTCUSDT 4H TA : Break TrendLine According to the chart, the downtrend in the triangle pattern is broken upwards and after stabilization, it can move to the range of $ 43,500 and $ 46,000. If the downtrend is not stabilized, it could fall to $ 40,600 and $ 39,400.
We are waiting for consolidation.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
BIG PictureJune 1st, 2023 is the 1:1 time extension from wave A. That means that around that date, we may be at a very good price to buy. It doesn't need to do a full extension, but harmonics usually like these things to line up in some relative fashion. This is why we use the fibonacci sequence. I've noted some relative buy zones in the green boxes. Laddering buys is usually recommended by professionals.
Alright now let me first say that I think Stellar is the real deal, and for good reason. They are one of the only projects completely focused on developing their regulatory compliance while innovating on the network and encouraging new developers to work with them. The "Clawback" (Transaction Reversal) technology is next level, and not something that other blockchains are capable of doing right now. This is a big step in maintaining compliance and being able to actually integrate with conventional regulatory backdrops. Stellar is the dark horse in crypto.
Now, that being said, Biden just released his executive order on crypto.
We are seeing more headwinds than tailwinds right now, so I expect there to be more price declines as exchanges leave and projects shut down that cannot comply with regulatory requirements*. I will note that we are already seeing announcements of projects (YFI/USDT) shutting down 25 apps/projects with seemingly no notice or good reasoning besides the fact that the developers just got bored! That's Not Good! It seems the fakes and non-committed projects are going to start cracking and running away so be careful out there.
The stock market and bond markets are beginning crashing. This first leg down the bias has still been positive, but now the "buy the dip" mentally is fading and prices at the grocery stores and pump are going up!
The market bias is now starting to flip bearish which will drive the major indices tumbling as the Fed starts raising rates. This all will drive crypto lower as liquidity leaves the systems. I expect you will all see prices you never thought you would see again, but I can't guarantee that.
My advice to any holders is HODL, as long as you're not using leverage or loans or anything. Like I said, prices could fall extremely dramatically because the levels of liquidity via margin debt and leverage that is in the system right now is unprecedented. You need to remember though that if you're a long term holder, this is not a project you should be selling ever IMO. I expect XLM to go to $30 over the next 10 years, so this is gonna be a ride of a lifetime if you can hold on throughout.
This is not trading or financial advice. I'm not telling you to sell any XLM or buy any. I am saying that it could go to 8 cents or maybe even 4 or 5 cents and if it does...I would borrow and invest Heavily at that point.
Stellar (XLM) - March 7Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(XLMUSD 1W Chart)
(All: )
If it falls below the 0.16420803 point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
It must move above the 0.23438790 point to turn into an uptrend.
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(XLMBTC 1W chart)
(Full )
You must climb over 0.0000 1288 to get out of the bottom section.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
XRP vs XLMWho 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
Ripple is breaking up the yellow triangle which was formed by consolidation after the bullish impulse move, so together it created sort of bull flag and we are just breaking out of it. Target of flag pattern is confluencing with 0.854 fib retracement of the whole range. To sum it up, it looks to me that in the following weeks/months, Ripple could be stronger than Stellar with some pullbacks along the way (as shown by the lime path). What's your take?
Like👍, follow✒️, enjoy📺!
One last dump before the real pamp?Been closely following XLM for the past year and a half, this coin ALWAYS bear traps before any real pump.
I can almost safely say at this point that we are going to see sub 16 cents before the real pump.
I even think its going to bear trap and form a massive hammer (this could momentally go under 10 cents even imo, but should not be for long, otherwise XLM might be screwed in the longer term).
I am bullish in the long term, but I don't think the dump is over.
This is NOT a financial advice.
Final Moments To Catch Stellar Lumens XLM At This SupportHi friends, hope you are well, and welcome to the new update on XLM.
Falling wedge:
On a daily time frame, XLM is bounced from the support of falling wedge pattern with bullish divergence.
Broke out broadening wedge and a re-test:
On a 4-hr time frame, Stellar broke out the resistance of a broadening wedge. Now the priceline is testing the resistance of this wedge as support. There is also a 50 simple moving average support as well.
Tested strong support:
On a weekly time frame, XLM has already tested the $0.18 support and is also likely to form a double bottom as well. Once the priceline will be able to breakout the resistance of the falling wedge
which is formed on a daily time frame then it can reach the big resistance of $0.44.
Conclusion:
If XLM successfully re-tests the resistance of broadening wedge as support and starts a bullish reversal move from here, then there will be a high probability for the breakout from the falling wedge as well.
Stellar Lumens XLM Big Double Bottom With Bullish DivergenceHi friends, hope you are well and welcome to the new update on XLM.
Broadening wedge:
On a 4-hr time frame,XLM has reached the resistance of broadening wedge:
Falling wedge and bullish divergence:
On a daily time frame, Stellar has bounced from the support of a falling wedge. There is also bullish divergence flashed, as the priceline is forming lower low and RSI is setting higher low.
Double bottom formation:
The priceline is also forming a double bottom at $0.18 support.
Conclusion:
If the priceline of XLM breaks out broadening wedge, on a 4-hr time frame, then there will be a high probability for the breakout from the bigger falling wedge 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
Stellar (XLM) - February 10Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XLMUSD 1W Chart)
(All: )
It needs to move above the 0.2926 1600 point to turn into an uptrend.
However, it should move above the 60 SMA level to accelerate the uptrend.
0.4029 3161-0.4479 The 8284 section is expected to receive primary resistance.
Keeping the price above the 0.2343 8790 point is paramount.
However, it may temporarily drop near the 0.1642 0803 point, so careful trading is required.
A decline from the 0.1642 0803 point could lead to below the 0.0777 8453 point.
(1D chart)
Since a volume profile section is formed near the 0.1855 4008 point, it is important to maintain the price above this section.
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(XLMBTC 1W chart)
0.0000 1103-0.0000 1288 or higher: Expected to create a new wave.
You need to make sure you can get out of the bottom section by climbing above the 0.0000 0746 point.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
XLM is basing for around 900 days !!XLM Stellar looks very attracting to me !!
On the BTC pair Stellar has been basing for around 900 days and is now touching the significant 520 sat level where the price has been trading with a historically high volume.
On balance volume has never given back the big surge that it has made during the last bull market.
Stellar has been very quiet and working behind the scenes.
It has recently acquired Moneygram and will soon open up cash corridors in 12 significant countries.
I usually use Moneygram service to send cash to my relatives in Mexico - it is a cheap and fast solution.
Actually they are integrating the Stellar blockchain.
They have a 150 million plus customers.
As y said price is flirting with the high supply price of 520 sats. It could go lower of course but the entry point is great.
During the last bull run it had a first run up (May2017) and the moving avarages crossed back down (yellow circle).
However the second surge was for real.
This 2022 is THE year.
XLM, 2 SCENARIOS ARE AVAILABLE...!First, you should see the full view of the XLM then go into the details:
As you see, we are approaching to a very significant area. Basically, we have two different scenarios:
1. Bullish: we should reach the red highlighted zone closed daily candle over it.
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2.Bearish: we need to see a confirmed break from the blue highlighted dynamic support.
--------------------------
Also, there are some good news coming about Stellar...
I hope to see the 1st phase of my analysis >_-
BITCOIN x ETHEREUM - FInd Crypto Bottom Using This!Its no secret that Bitcoin and Ethereum are the most well known cryptocurrency out there and are leading the way for other, newer cryptocurrencies. Bitcoin acts as an index for all cryptocoins - if Bitcoin goes up, all crypto goes up. If Bitcoin goes down, all crypto goes down.
We can use this to find the reversal zones for all the other cryptocurrencies.
From the chart you can see that Bitcoin and Ethereum have almost the same price behaviour. Both showing us that we're in an expanding correction and approaching a significant level which we can reverse from.
For Bitcoin - it is the 30k level we are watching.
For Ethereum - it is the 1700 level we are watching.
We can see that we have a little way to go until we reach the bottom. We can use this to see which other cryptocurrencies are near to the bottom and ready ourselves for the inevitable reversal.
See below for some of the other crypto that are near the bottom or are at the bottom.
CARDANO:
RIPPLE:
KADENA:
LITECOIN:
POLKADOT:
STELLAR:
TRON:
VECHAIN:
CHAINLINK:
Feel free to post your charts below!