XLMUSD - 1W - Stellar in a huge channelHi guys,
Short review of Stellar (XLM) with a weelky TF.
We can notice Stellar is still evolving in his big ascending channel (blue).
We had several points of contact both at the top and at the bottom of the channel.
I'll be watching this one.
If BTC remains "calm" we can expect a further growth inside the channel.
First stop will be the former "double top" at 0.71$
After, i'll be watching for the top of the channel (red area ... depending on the time to achieve it)
Those are two zones of TP but if we broke the previous top, we could also see a kind of massive cup and handle that could send price to the moon.
Finally, RSI made a lower low while price made a higher low.
Like if you share this pov
NFA
STELLAR
Stellar Support at 0.33, Short Term Target of 0.4 Trend Analysis
The main view of this trade idea is on the 15-Min Chart. The Cryptocurrency Stellar (XLM) just recently broke the short term downtrend after holding support around the 0.33 price level. Expectations are for a change in trend from lower to higher, with a target of 0.40. A negation of this view will be determined if XLM were to break below 0.33.
Technical Indicators
XLM recently broke above its short (25-MA), medium (75-MA) and long (200-MA) fractal moving averages. Also the RSI is above the 50 level and has not hit overbought conditions. The KST is in a positive mode. Moreover, over multiple timeframes XLM is displaying buy signals at the time of publishing.
Recommendation
The recommendation will be to go long at market. Stop loss will be set around the 0.33 price level and a target of 0.4. This produces a risk-reward ratio of 2.12.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time publishing, I have a position in Stellar.
XLM - Trend Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
XLM is overall bullish and it is now approaching our blue trendline so we will be looking for buy setups.
on M30: XLM formed a valid channel in red but it is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again.
Trigger => Waiting for a momentum candle close above the last swing high in gray to buy.
Meanwhile, until the buy is activated , XLM would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XLM UPDATE - Corrective Patterns Repeat Time and Time Again!In this video update I explain the current price action in XLM.
If you have been following my work across the different platforms you will see how this all fits together.
Currently Wave (C) is getting ready to move higher in a third-of-a-third wave.
Once you grasp these concepts which are unique to the AriasWave methodology it will give you peace of mind.
Patience is only possible when you learn the waves otherwise it's just hope and wishful thinking.
Check out some previous related ideas linked below.
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 advisor, I suggest using this only as a guide. Always do your own research.
XLM Cup and Handle on the DailyXLM starting to make a nice recovery back towards previous highs. A pullback here from daily oversold conditions should complete the handle nicely for further growth.
With the current bullish market sentiment, recent news of Wal-Mart hiring a Crypto expert, and Stellar's potential acquisition of MoneyGram, I think the odds are in favor of the bulls in the near future. COINBASE:XLMUSD
Up Up and Away?!?!? XLMUSDHello Trading View Community,
One thing to note is RSI going into overbought zone and although XLMUSD is over the 0.236 Fib Level, it still needs to clear the rest of the local resistance zone.
Thank you guys for checking out this idea on XLMUSD. If you find this analysis useful, support with a simple "Like" or "Follow".
Trade carefully and remember these are just ideas, not trading advise
Short or Long. Entry and Exit pointsAs mentioned in the previous analysis we reach first target and go to the moon with companies BTC acceptance . (this episode Xiaomi) :xd
I marked and write down on chart all important point that we have to pay attention for them .
Generally i choose long for Stellar BINANCE:XLMUSDT .
Also write your idea and If you agree with me please like and share. Thanks.
Have a good Trades.
Falling Wedge Pattern
Dear traders:
1- A Falling Wedge is a Bullish pattern.
2- A Falling Wedge is a reversal pattern.
3- In a Falling Wedge Pattern, the price target is equal to the height of the back of the wedge.
What else is new?
1- Entry Time.
2- knowing how to make money out of the different patterns.
see attached Idea.
stellar/usdt daily view...Depending on supply and demand view we can see bullish move soon ..for more updates ........
XLMUSD - Some Explanation Leading Into The NFP's - ARIASWAVE 101In this video I talk about waves, what's new?
The waves are the only important thing you should be observing on a chart!
Aside from the waves what else would you be looking at?
A higher high? A lower low? Indicator? Oscillator, Alligator, News, Planet Alignment, troll comments?
They are all useless.
So far no one has any good argument against proper wave analysis which you can only find here.
By the way this is just the beginning, I have only just begun to get my feet wet here.
Stay tuned.
See related ideas linked below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.
XLM Continues Testing Resistance: Big Uptrend ExpectedHey traders 👋
As the chart shows 📈 :
- XLM is testing Resistance again and again 🦾 , this means that buyers are propense to buying even near resistance → signal of buying strength
- It's also forming interesting patterns (see attached idea)
In my opinion, the best time to buy is near the short-term support(which in long-term is nearly the resistance area), I am expecting big uptrend in the following days/weeks
Stellar (XLM) - August 3Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XLMUSD 1W Chart)
If the price holds above the 0.16420803-0.23438790 range, it is expected that the uptrend will continue.
(1D chart)
If the price holds above the 0.23438790 point, it is expected to turn into an uptrend.
In order to continue the upward trend, it should rise above the 0.4293161-0.44798284 section.
If it declines from the 0.16420803 point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
--------------------------------------
(XLMBTC 1W chart)
If it rises from the bottom box section, 428 Satoshi-746 Satoshi, and maintains the price above the 746 Satoshi point, it is expected to turn into an uptrend.
If the price is maintained above the 1103 Satoshi-1288 Satoshi section, it is expected to create a new wave.
(1D chart)
We'll have to see if we can get support by going up to the 731 Satoshi-817 Satoshi section.
If the price holds above the 817 Satoshi point, it is expected that it will turn into an uptrend and move higher.
If it falls from the 731 Satoshi point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, 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 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 the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L : Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)