Stellar Lumens (XLM), the cryptocurrency known for its fast and inexpensive cross-border transactions, has recently displayed a bearish candle on the 45-minute timeframe. This has sparked some worry among traders, prompting questions about a potential downturn for the XLM/USD pair. Let's delve into this recent development and analyze its significance within the...
Today was an incredible day for many cryptos, and not so much for others. But one thing you can be sure of is that XLM has been spending the past two weeks forming a perfect head & shoulders pattern on the 30 minute chart that, assuming it plays out bullishly, is almost near the take off point! If price action breaks out of the dashed white line at the top of the...
XLM appears to be working its way to the bottom trend line of the wedge pattern that has formed on the daily chart. If it does, it will likely bounce, and make a run for the top trend line of the wedge pattern. This could present many opportunities for day/swing traders, and make it easier to determine entry and exit points if it plays out. Good luck, and always...
Trend Bullish Signal Stop at support XLM’s price has hiked significantly over the last few years. Back in 2018-2019, it kept falling below its previous ATH of around $0.93 (recorded in early January 2018). It was only in 2021 that its price again rose, hitting a price level of over $0.7 around mid-May. However, as the cryptocurrency market collapsed in the...
Hello 🐋 we expect to see more gain for the price in log term targets 🚀💣 before more gain, we can see correction to the downside ❌🧨 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Stellar has formed its early break out structure (falling wedge) 0.618 is a strong level of support and a likely point for price breakout of the falling wedge in white A larger symmetrical triangle can also be drawn
We can view two periods of upward movement in the first bull market This can be correlated to the current market state of a retreat from the 'first up move' Following this up move as per the prior bull run another bull run comes 'second up move' We just haven't seen enough growth as of yet to call the bull run completely over
XLM/USDT Entry Range: $0.19 - 0.21 Price Target 1: $0.23 Price Target 2: $0.26 Price Target 3: $0.30 Stop Loss: $0.17
Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for Stellar Lumens (XLMUSD). Stellar Lumens price on a monthly chart moved past the recent resistance and looks to head higher. Fibonacci Retracement levels shown along with 200 SMA and RSI. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading...
XLM/USDT Entry Range: $0.21 - 0.24 Price Target 1: $0.29 Price Target 2: $0.34 Price Target 3: $0.41 Stop Loss: $0.17
Fundamental Analysis: Stellar is an open network that allows money to be moved and stored. When it was released in July 2014, one of its goals was boosting financial inclusion by reaching the world’s unbanked — but soon afterwards, its priorities shifted to helping financial firms connect with one another through blockchain technology. The network’s native...
We still have 1 or 2 days. If the green candle manages to close above the orange resistance, historical resistance, and break the blue descending trendline that we have been carrying with us since May 2021, well, I'm positive for the future.
An analysis for XLMUSD using Gann and Fibonacci circle The fib circle shows a clear passage through 2.618 following a previous rejection at this level (red arrow), this could lead to a breakout The gann portrays the length of the bear and current bull run Price is also sitting right above 0.618, which is established from the previous ATH We still have some steam...
In coming months significant rally shall evolve to serious levels.
As seen on the ETHBTC chart this formation can break out bullishly We can see the formation on XLM still within the wedge Will it follow through and break out like ETH/BTC We shall see through this post
Stellar during its downtrend, within the fib wedge, can be seen to trend briefly along 0.618 fib circle line, then dump through the 0.618 fib wedge Inversely during Stellar's current uptrend, a move upward can be seen through 0.618 of the Fibonacci wedge Hence the relationship
PLEASE NOTE.... My new graphics are STELLAR, NO?! I made the price points so simple to follow a crypto chimp on an Elon Musk mind control machine could pull this trade off. Get out your mental joystick and place your positions. Stoch RSI and MACD indicate it's still trending downard... so don't place your bet yet. IMPORTANT, wait for confirmation off the...
Enjoying this style Hope you guys enjoy it too I expect bullish continuation from this area for XLM Broken above all major resistances