There is much work to be done This chart is just an update on where XLM currently sits as of 03.31.21.
We are currently bouncing in between the 20 & 50 MA. A positive outcome will take place if we manage to stay above these points as we reach the wall on our descending wedge.
Next we look at the dynamic resistance (yellow line) we have as well as the regular resistance levels (outlined in red) that we need to break in order to continue upwards. I am overall bullish on XLM however we do have a lot of work that needs to be done to continue our positive movement.
The RSI looks good. I have outlined where we currently sit, and you can see what has happened in the past from this level. This alone is NOT definitive, but I outline it to show what can happen depending on volume.
XLM is a coin that takes a long time to move, we all realize that at this point. However, when we do move it is rapidly.
Be prepared, trade smart and always practice risk management!
This idea is NOT financial advice and I am NOT a financial advisor. I am posting publicly for feedback on my TA and for networking purposes.
Please comment, follow and like.
Thanks !
STELLAR
Stellar dancing with the devil 5For me it was tough to trade the XLM this month as there were false triangle breakouts during this long chop, but patience is the key and here we go again. Will Stellar finally meet the devil @ 0.666? If we break this HUGE triangle up, I think there is chance for run to 0.69.
SL is local low.
Target is height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL).
RRR 7.85
Invalidated when SL level hit (even if BUY STOP-LIMIT not filled before).
XLM Buy the dip.XLMUSDT - Intraday - We look to Buy at 0.3816 (stop at 0.3649)
Daily signals are mildly bullish.
Pivot support is at 0.3800.
Dips continue to attract buyers.
We look to buy dips.
A lower correction is expected.
Our profit targets will be 0.4328 and 0.4654
Resistance: 0.4150 / 0.4400 / 0.4700
Support: 0.3900 / 0.3800 / 0.3500
Expecting Stellar Lumens increase of 100% in coming monthsExpecting to see short term gains before we see some long term gains.
Looks like its forming the handle of a large cup&handle back from 2018 and converging into a bullish pennant.
This is a personal post for my own learning. So don't take this as trading advice.
Stellar (XLM) - March 29Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a nice day.
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We have to see if we can get support in the 0.39184-0.41581 range.
If it falls, we need to see if it can rise along the uptrend line.
If it falls between 0.29909-0.31991, Stop Loss is required to preserve profit and loss.
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(XLMUSDT 1D chart)
It remains to be seen if it can move above the 0.40587 point as it breaks off the downtrend line.
If it falls from the 0.30368 point, a Stop Loss is required to preserve profit and loss.
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(XLMBTC 1D chart)
We have to see if we can go up along the uptrend line.
If it falls, it remains to be seen if it gains support at 690 Satoshi.
In order to turn to an uptrend, it must rise above 782 Satoshi and be supported.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
XLM / USD + 600% Symmetrical triangle. On this coin, in a secondary trend that has formed an upward channel with an impressive step of more than 100%, a symmetrical triangle is formed near its base of the trendline. The price is clamped. Let me remind you that the "radiant cryptocurrency" made exactly + 600% from the breakout of the resistance level of 0.08572 to 0.59. These are not random numbers. The support level that is currently held is the 0.4 zone. There will be a denouement in the near future.
Think about what action is causing the formation of such a pattern on the chart. This will give you an understanding of the ongoing processes of "interaction" and possibly with the correct application and profit.
For more clarity of two of the processes taking place in the market now, see my old training / work ideas attached below this idea, which by the way I did on the example of the same XLM coin:
1) "Big secret"
2) XLM / USD Secondary Trend
Financial markets are a psychological game of manipulating people's behavior with the help of the weak link of the bulk of people, that is, money (a resource for the embodiment of material desires), the final result is to achieve the required goal through the embodiment / non-embodiment of the desires of controlled people.
What are the risks and what are the rewards ? R:R & Money manageCan Stellar repeat itself again ?
That is my first question towards you as a reader of this post. What do you think bullish or bearish sentiment is in and why is that ?
(short term call) Mooving average breakout call on previous btfd zone in BTC pairing
(mid term call) PREVIOUS CALL - Current chart os extension of previous targets and update on this
0.1 - 0.6 USD previous call and moove tracked you can see in chart below
and now I think that XLM is not dead even after reaching of the previous R:R 16.48 300%
Would you go into this R:R2 60% setup ?
and if now then why and what would be your possible R:R setup with stop tp/ target tp for you to be interesting to make you think about joining the trade
Please discuss about R:R and Risk Money management + fractals deep further as the are whole point of my XLM trading short/mid and even very long term TAs
even thoose supported by technical and lot of divergences
I´m personally joining into XLM mid and long term trades with profits of previous mid term which made 300% (In reality 494% Thanks to playing with swings)
and I´m ready to go long leveraged now with 3-5x to support my very strong long positions deep further
Since now it was heavily spot trading so now I can afford to take higher risks in leverage as my spot profits cover the initial investment and made a bag for higher risk even 2:1 with margin 4x (66% x 4 = another 264%)
Hopefully you can understant that deeper money management technique and you can mine the idea meaning for your use.
These mid/long term mooves can help you in steady long term wealth grow with less risks and less stress then daily trading and especially with hig margins like 10-50x
If you have different oppinion then feel free and you are very welcome to share it. Sharing of your trading techniques and styles of counting and timing of R:R etc. highly valued and very respected in the comments below
INTEREST LONG TERM
(long term call) from 0.06 to 5-15 USD
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
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STELLAR Preparing for new impulse?Hi everyone,
These couple of days we've seen a better performance of XRP and Stellar in comparison with BTC and ETH.
They seem to be getting hotter... XRP is leading now but I'm sure Stellar will follow.
Currently we're in an accumulation zone.
Positive fact: We're above the 200 MA (2H Graph).
Long term positive, short term neutral.
Luck!
XLMUSDTHi guys what's up ?!!
Trading suggestion:
Once again, it is time to buy Stellar before that you can see our analysis for XLM now I think it's ready for rising again and break its resistance if the god want !
please be patient and buy at the best price around 0.4 & 0.38
be careful, the market is in a risky condition so Stick to the stop-loss and be sure to do it!
Technical analysis:
. XLM/USDT is in an uptrend, and the continuation of the uptrend is expected.
. The bearish trend line had broken and the correction going to end and give a rising form very soon .
. The RSI is at 44 .
Take Profits:
TP1= 0.45
TP2= 0.5
TP3= 0.6
TP4= 0.78-0.8
SL= Break below 0.35 or 0.3 I chose 0.34
Trade well, ❤️
XLM with possible upwards breakoutAs described on my post from February 27th, 2021 the retest of support/resistance levels (weekly and monthly) is quite necessary.
There was a good opportunity of profittaking, as mentioned before (buying in at 0,36$ and selling at the monthly resistance level of 0,466$).
We are still within the trading range of 0,36$ and 0,466$. As the interest grows, we could see a second test of the monthly level (0,466$), which might even surpass other weekly and monthly resistance levels - especially since Stellar Lumens has recently introduced new features (Horizon 2.0 / Smart Contracts) and partnerships (fundamental news function as catalysts). The interest in XLM has an odd habit of jumping in an extreme way, so that a 100% increase over a day has happened before.
You can also see on the chart, apart from the trading range, that XLM was / is in a long phase of accumulation (almost a month) and the price has just moved out of a wedge (trend), which of course if fractal information.
As usual, this is no financial advice - just my opinion and to be fair, I am currently invested in #XLM, which does not mean that you should!
I always appreciate constructive critical feedback!
Stellar XLM / Usdt - 4H✅ As You May Know , Stellar_Coin < XLM > is the 14th Place On Coins Market Cap ..
☑️ It Also make a Triangle Chart Pattern and After Breaking out of it and Transverse Motion for these days , I think Its ready To Start a New Rally ..
✅ Another Fundamental Point : Grayscale Investment Buy About 6 million units Of XLM For the past 30 days ..
⚠️SO , You Can Put It on Your watchlist ..
☑️ Thank You & be the One Who Catch The Profit 🤑 😉 BINANCE:XLMUSDT
BTCUSD AND MARKET As I was saying in a previous analysis the correction of the bitcoin had not enough !
but I think it's the end of the correction and BTC can go lower at 52k or 50 k and after that keep going rising to take another target that I have determined in all previous BTC analysis !
be careful ! Bitcoin has broken the channels that I have drawn in the previous analysis ! thus I think it take a much time to break the all resistance that it has !
so at the first don't be rush and then please do your stop loss in all coins that you buought and wait for another opportunity for buying !
becausee for a now the position of the btc isn't good so just wait and watch the BTC moving and then buy the altcoin that you wanted to buy but they were expensive and now has a suitable price !
like VET , BNB , EOS , OMG ,XLM , XRP and ...
Drop some feedback below in the comment!
Thanks for your attention 🙏!
Trade well, ❤️
XLM Buy a break setup.XLMUSDT - Intraday - We look to Buy a break of 0.4152 (stop at 0.3966)
Daily signals are mildly bullish.
The primary trend remains bullish.
Pivot resistance is at 0.4133.
A break of 0.4133 is needed to confirm follow through bullish momentum.
Our outlook is bullish.
Our profit targets will be 0.4665 and 0.4940
Resistance: 0.4100 / 0.4350 / 0.4500
Support: 0.3900 / 0.3750 / 0.3600
XLM Buy a break setup.XLMUSDT - Intraday - We look to Buy a break of 0.4231 (stop at 0.4069)
Daily signals are mildly bullish.
The primary trend remains bullish.
A break of 0.4300 is needed to confirm follow through bullish momentum.
Our outlook is bullish.
Short term oscillators have turned positive.
Our profit targets will be 0.4685 and 0.4912
Resistance: 0.4300 / 0.4500 / 0.4700
Support: 0.4000 / 0.3900 / 0.3750