Dont Sleep on XLM (STELLAR) - Correction period is overXLM has been in a correction phase for a few weeks now but seems to have bounced off the lower trend line nicely and can actually be seen trading in an ascending channel. I expect growth up to 70 cents at least with potential for hitting $1+ before the end of March.
I've opened a trade and am excited to see what happens.
This is not financial advise
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STELLAR
XLM USD Daily BreakdownThis chart looks at the 20 EMA and RSI specifically. I also include a measured move if this isn't another fake breakout. The 20 EMA is shown in red as outlined on the chart. I have circled examples as to what happens when we cross above the 20 EMA. If we stay below, I anticipate we're going to see .38 again before an upswing ( another buy opportunity )
This is NOT financial advice and I'm NOT a financial advisor. I'm posting for feedback on my TA.
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Stellar LONG 📈✅As you see here, price rejected our trend line just bellow, we got our several confirmation with Fibp levels and MACD. changing from bearish to Bullish, strong support just bellow the price.
all this confluences makes us to think about strong buy position here 📈‼️
R:R 1:4.2 LOVELY ORDER
lets see how this one goes!!!
Any question DM or Comment,
GOOD LUCK EVERYONE !!!
XLMUSD - Bullish, but weakAs we can see, this coin already break up triangle pattern,
are this is a good bullish sign?
symetrical triangle is a neutral pattern. Next direction depend on price action.
If it break up, it will perform bullish, and viceversa.
Today we see this pattern already break up, but with weak candle (volatile),
In this case, we need confirmation level to make sure it bull or bear.
Bullish side :
Bullish confirmation level at 0.4388
If this level break up, it mean, XLM perform new higher high, and will continue to move up to reach 0.5930
bearish side :
bearish will only perform if 0.3840 break down with target at 0.3144
Good luck
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XLM IS ABOUT TO MAKE A RIDICULOUS MOVE!Hey traders!
Hope you have all been well and maintaining a good sentiment in the crypto space.
I have been tracking XLM for a while now and if I had to say one thing about it that I love, it would have to be it's predictability.
XLM has been trading in a channel for quite a while now following the same pattern. We get a rally, followed by a retracement to the previous ATH. After this, we get consolidation for quite a while in a wedge formation that breaks out once it hits the bottom of the channel trend line and breaks upwards of the wedge. We are about to experience this once again.
Depending on how Bitcoin proceeds over the next few days, if Bitcoin decides to rally as well, then we might observe an even stronger push upwards breaking the channel. This is when we go parabolic (*cough *cough XRP rally 2017).
I believe you have the opportunity to double your trade within 2-3 weeks from now. Don't miss out on the amazing opportunity. Don't want to have to say 'I told you so'.
Please let me know what you think about this, I am always open to your suggestions.
Love, peace, Seb.
Stellar (XLM) is in the rising channel.Stellar (XLM) is in the rising channel. Continuation is likely.
Price is coming to the desicion point resistance line vs rising support line.
It's about to turn bullish on 4h chart.
XLMBTC price is also sitting on long term support line.
Not financial adivce.
Trade carefully and good luck!
Stellar (XLMBTC) – Coin of the weekStellar is a network that focuses mainly on disrupting existing payment providers by boosting financial inclusion and reaching every human that doesn’t have a classical bank account. The network’s token, lumens, is making the transfer of assets from one country to another less expensive. The founder of Stellar is none other than Jed McCaleb, who previously was the CTO of Ripple and left the company in 2013 when he had a disagreement with the company about its future.
Technically, we reached a top on February 13th at the price of 0,00001268 BTC per Stellar and now we are in a corrective move that has a high probability of continuation. Principal areas to watch for the price reversal are the support area at 0,0000070 BTC per Stellar and the all-time low creation. If the price reaches the all time low, that would be a great opportunity for investing in Stellar from a technical point of view.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
XLM completed Shark pattern | a good long opportunityHi dear friends, hope you are well and welcome to the new update on Stellar .
On a small time frame 4-hour chart, the price action of XLM coin has completed the final leg of bullish reversal Shark move and entered the potential reversal zone.
this trade has a huge profit possibility of 13.5%, and the loss possibility is 4%.
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 (XLMUSDT) Technical Analysis 2021/03/05XLMUSDT is moving in an upwards sloping channel, and it is currently bouncing off / consolidating at the bottom of the channel. Should price bounce here, we can expect it to test the upside of the channel, which gives us a huge potential profit target.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
What are your thoughts? Please leave your ideas and analysis in the comments below! Do give the post a like and a follow.
stellar's Xlm- If it breaks upwards and not downwards Hopefully it breaks out of this pattern to the upside... I think it will unless bitcoin really tanks. I wouldn't initiate a long position until it breaks either way.. be careful the markets are being creepy
Stellar is probably my favorite long term play. cbdcs, Fast, Follows regulatory rules etc..Try to run with the banks, not kill them.
def made the most off XLM swings