XLMUSDT (Stellar) time to buy long-termOn the daily chart, XLMUSDT still sits on the 61.8% Fibonacci retracement support. We can clearly see higher highs and higher lows pattern, indicating the validity of a long-term uptrend.
The price for buyers is looking attractive, especially after the most recent price drop.
STELLAR
Bullish on XLM after 0.08$ area is visitedNoticed there’re quite a lot of bullish ideas on XLM shared. I’m also bullish on the long run, but see no reversal signs yet: XLMBTC is weak, EFI and RSI aren’t showing any divergences. I believe more downside is coming and I will consider to step in at 0.08$ area for mid term exposure all the way up to 0.16$ of the upper boundary of the bullish megaphone. Thoughts?
XLM - Be Patient ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
XLM has been stuck inside a big range in the shape of a flat rising broadening wedge and it is currently approaching the lower bound / red trendline.
Moreover, the zone 0.08 is a support zone .
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower brown trendline.
As per my trading style:
As XLM approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Turnaround in Progress: #XLMUSDT Pullback Nears Completion💎#XLMUSDT successfully shattered the key resistance, signaling a significant shift in market dynamics. The subsequent breakout from the ascending channel propelled the price higher. A subsequent pullback found support precisely at the crucial 61.8% Fibonacci retracement level, underscoring its significance.
💎Notably, the emergence of a bullish divergence on the MACD indicator hints at a potential conclusion to the correction phase. However, to solidify the long-term uptrend continuation, the formation of a new higher high becomes a pivotal requirement.
💎Stay vigilant, closely monitoring the price action for confirmation of a sustained upward trajectory. Exciting times lie ahead for #XLM as it seeks to build upon its recent gains and potentially embark on a new bullish leg.
XLM - Stellar Lumens - Where's The Rally? There is none.Over the past few months, I've consistently stated that we're yet to witness a bottom in the XLM or broader crypto markets.
If my warnings went unheeded, you might have experienced some losses.
It's completely normal to feel exhausted by this ongoing bear market.
Indeed, the market has a knack for wearing down both traders and investors.
If you've been keeping up with my analysis, you would know that, based on the present downtrend, the bottom is likely a year away at least.
What's your next move from here?
Stellar Lumens XLM formed bullish BAT for upto 25.50% moveHi dear friends, hope you are well and welcome to the new trade setup of XLM with US Dollar pair.
Recently we caught nice trade of XLM as below:
Now a daily time frame, XLM has formed a bullish BAT pattern for the next price reversal.
At the moment after the completion of final leg the priceline has slightly moved up, therefore, we can wait for some price correction to catch from the buying zone.
Buy between: $0.0901 to $0.0870
Sell between: $0.0995 to $0.1094
Stop loss: Below $0.0870
Possible profit ratio:
As per above targets there is a profit possibility of almost 25.50% and a loss possibility is upto 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 Crashing, XLM May Retest $0.085 After A 54% SurgePast Performance of Stellar
After days of sideways movement, Stellar prices crumbled on April 19. The coin is now trading below critical support levels, now resistance, at the back of expanding volumes. Immediate resistance lies at April 19 high of around $0.10.
#Stellar Technical Analysis
Bears appear to be flowing back, days after XLM rose 54% from mid-March. What's conspicuous is the wide-ranging bear bar of April 19 that broke below the middle BB with high volumes. This bar will anchor the short and medium-term formation. As such, as long as prices are below $0.10, traders can look for entries to unload, targeting $0.085, marking the base of the March 21 bull bar. This level also coincides with the 78.6% Fibonacci retracement level of the March to April 2023 trade range. On the lower end, bears may force the coin back to March 2023 lows at $0.075.
What to Expect from #XLM?
The retracement on April 19 follows weeks of horizontal consolidation. This represents a bear breakout, and there are higher odds of XLM printing lower in sessions ahead.
Resistance level to watch out for: $0.10
Support level to watch out for: $0.085
Disclaimer: Opinions expressed are not investment advice. Do your research.
AW Crypto Market Update - Ethereum - Bitcoin - XLMThis video aims to give you an indication of where we are within the ongoing correction for each of these digital assets.
I expect to see weak price action with limited upside in these markets as the full corrections come to an end.
Once we see the momentum wane in a choppy manner, the final move in each market should lead to an inevitable blow off top.
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.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Stellar Lumens XLM formed a Gartley for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of XLM with US Dollar pair.
Previously I shared a long-term trade setup for XLM, which is still in play:
Now On a 4-hr time frame, XLM has formed a bullish Gartley move for another price reversal.
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- A very nice bullish structure (30% rise potential)Like all the crypto market, XLM also reversed at the beginning of the year.
Recently, XLMUSD managed to also break above 0.1 and, after the recent high, is in a normal correction.
This correction could represent a good opportunity for bulls, with a buy around 0.1 support having a 30% rising potential
A break under 0.1 negates this bullish scenario
XLM: Bullish FlagStellar (XLM) technical analysis:
Trade setup : After getting rejected 2x at $0.10 resistance, price had finally broken above it, sharply rising with big volumes, indicating that buyers have absorbed overhead supply from sellers and price could resume its Uptrend. Now it’s consolidating, likely briefly, in a Bullish Flag pattern, which typically resolves in the direction of existing Uptrend.
Pattern : Bullish Flag pattern. Short term small rectangle trading range between diagonal parallel lines. It moves counter to the prevailing price trend observed in a longer time frame on a price chart. It forms typically following a sharp advance and often indicates a small change in direction (or areas of consolidation) before the previous trend resumes. Flag pattern is among the most reliable continuation patterns that traders use because it generates a setup for entering an existing trend that is ready to continue. Trade is initiated on a breakout, if it is in the same direction as the prevailing trend. Also, with bullish flag patterns, traders prefer a breakout with an increase in volume but it isn’t a must.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $0.10 (previous resistance), then $0.08. The nearest Resistance Zone is $0.13.
AW Stellar Lumens Analysis - Approximate Correction End Date...In this video I go into the many different details that point to when I expect XLM to bottom out.
Using a confluence of different data points, I forecast an approximate month and year.
During this time, I also expect to see some extreme turbulence in all markets due to the end of some larger cycles.
This will lead to some extremely rare opportunities to create generational wealth for those that dare.
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.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
XLM: Resistance BreakoutStellar (XLM) technical analysis:
Trade setup : After getting rejected 2x at $0.10 resistance, price has finally broken above it, indicating that buyers have absorbed overhead supply from sellers and price could resume its Uptrend with upside potential to $0.13.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $0.10 (previous resistance), then $0.08. The nearest Resistance Zone is $0.13.
XLM - Good Time to BAG RROFITS 💰Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Taking a quick look at Stellar / XLMUSDT which already increased nearly 60%. This is an altcoin that's been on my watchlist since early this year, and I believe a pullback seems logical from this point.
The technical indicators RSI is showing overbought in the weekly. The Momentum in lower timeframes shows that sellers are taking control and the LSMA has fallen under 50.
This point to a possible short term correction, which is only natural after a bullish 60% upward move.
While you're here 👀 Check out LINKUSDT :
My early accumulation plan for XLM :
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✴️ Stellar Enters Bullish Cycle | 5-Steps PatternStellar (XLMUSDT) is moving ahead of the pack and just hit a 5 months high.
Let's see what this chart has to say.
First, let's focus on the 5-Step Pattern we've been looking at today.
This pattern consists of #1, the Dec. 2022 low.
#2 | January's 2023 bullish breakout.
#3 | The correction that ended mid-March (10-March).
#4 | The resumption of the bullish trend and #5 the new high, in this case we are aiming at $0.18 based on the Fib. extension numbers.
This is the same pattern we saw with Cardano, ChainLink, Terra, etc.
Now, let's review some of the classic signals.
- Really high buy volume in the past few days. The highest buying pressure since 2021.
- Very strong indicators. RSI and MACD... The rest is history.
What one does, the rest follows!
Expect for the rest of the market to grow as well.
You can find XLMBTC in the "Related Ideas" below.
Thank you for reading and for your continued support.
Namaste.
XLMUSD finally validating the inv h&sStellar’s XLM looks like its finally gonna trigger the inv h&s pattern it had previously done a fakeout or 2 above the neckline of. We can see before on its first trip above the neckline the original right shoulder was extremely small…it then went back under the neckline and has since created a much more robust right shoulder before now finally breaking back above the neckline with the type of authority that gives me confidence that it will reach the measured move target this time. In doing so it should also take price action above this descending trendline its currently testing the resistance of which if it can do so and then flip that trendline to solid support should also trigger a breakout from a triangle pattern its been in for quite sometime that can then eventually lead to much higher breakout targets than just this inverse head and shoulder target allows for. *not financial advice*
$XLM/USDT 12h (#Bybit) Falling broadening wedge breakoutStellar Lumens looks good for bullish continuation from here after pulling back to 100EMA support.
⚡️⚡️ #XLM/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (LONG)
Leverage: Isolated (5x)
Amount: 6.2%
Current Price:
0.09070
Entry Targets:
0.09060 - 0.08800
Take-Profit Targets:
1) 0.09625
2) 0.10150
3) 0.10670
Stop Targets:
1) 0.08350
Published By: @Zblaba
$XLM #XLMUSDT #StellarLumens
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +38.9% | +68.3% | +97.4%
Possible Loss= -43.2%
Estimated Gaintime= 1 month