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Stellarlumens

XLM 2 scenarios for next week, might be a good time to wait Here I am working with support & resistances of the last days only. Yesterday a long-lasting uptrend (started January 27th) broke to the downside. Still the doji-candles could mean that the bulls bought the dip at 0.463 Within the next 48-60 hrs we should be in the green elispse and see if bulls or bears are sitting on the table. If the bulls can defend the shortterm uptrend (baby-blue line) XLM could test resistances at 0.537, 0.574 and retest the high at 0.606. If the bears can break down (slim red lines) XLM could test support at 0.46, 0.44 and 0.42 in the next week(s). Good luck.
by LinoCerrus
2
XLM 21.02 Big day but better is yet to come (after dump 22.02)First I really want to explain that, that at the beginning I couldn't understand why XLM pumped continuously last 13.02 /14.02. With XLM you always have to check their newsletter to "justify" any price increase on the chart (Bitbound, Ukrainian Government). Because this last pump we didn't have "significant volume" (peak) we can say that might be an effect of their newsletter again: News like: ..."Another development worth watching in 2021 is the U.S. Office of the Comptroller of the Currency’s January announcement that federally chartered banks can act as blockchain node validators and use stablecoins. With one bank-issued stablecoin already on the network and traditional financial institutions increasingly looking to catch up with the digital currency revolution..." --> "German real estate giant issues debt via Stellar blockchain" --> "COINQVEST Receives European Virtual Currency Service Provider License, Partners with nTokens to Bring Enterprise Cryptocurrency Payment Processing to Brazil" Now matter the pump,dump or sideways I'm just bullish on Stellar Lummens because you just need to "'Shoot for the moon and even if you miss, you'll land among the stars.' (Norman Vincent Peale). NOT TRADING ADVICE. DO YOUR OWN RESEARCH. So about the chart: Purple line - "fractal" from previous pump (07.01-13.02) After 13-14.02 pump, we went to a descending triangle correction (red triangle). We so low to point "B" from big black ascending triangle (predicted by the previous pump) returned to the red triangle (fake breakout) but after we confirmed breakout recognizing a big diagonal resistance (red line) and a downward trend (also MA, RSI confirmations). After this, we were searching for another higher low - "B point green triangle - ( and we found out next support diagonal - blue line). We started to construct a "green" ascending triangle (that we are still inside and gives us the next target (green vertical line)): 0.48394 (approx: 21.02). This target is point "C" of the big black ascending triangle (calculate with the angles of current trend). At this point, it will be hard to do a breakout (to the north side) because it's only the 3rd attempt (green resistance line). So a correction to point D might occur. Pressure will be hard and we even might break the support of the "blue line" (if we follow the trend of the last pump and also because it's expected a retracement from BTC and ETH..... and Monday 22.02.2021 is the decision day from SEC - XRP), so Monday everything will be quite unstable). Maybe XRP holders will come to XLM, or in general market will get ready for the upcoming wave... The blue box above the chart is a "copy" from the highest point of 07.01 until 13-14.02 highest point and placed on this last point. So $0,7472 is my target for the next pump (22.03.2021). All the other targets (positive) are there. Please notice that this isn't trading advice. It's very important to me, that if you read this long explanation until the end to give me some feedback. Wish you all the best ;-)
Long
by prodigy81
3
🆓Stellar Lumens/USDT Analysis (20/2) #XLM $XLMAfter losing 0.5$ zone, the new buying force came back and push it up and now this 0.5$ zone is belong to XLM and will help it to make new rally up to 0.8$ and 1$ before March. 📅NEWS 👉Feb 28 : USDC on Stellar 📈BUY -Buy: 0.49-0.51$. SL B 📉SELL -Sell: 0.76-0.80$. SL A -Sell: 1-1.05$. SL A ♻️BACK-UP -Sell: 0.49-0.51$ if B. SL A -Buy: 0.40-0.42$ if A. SL B ❓Details Condition A : "If 8H candle closes ABOVE this zone" Condition B : "If 8H candle closes BELOW this zone"
Long
by CryptoStation
1
XLM formed Gartley for upto 29% moveHi dear friends, hope you are well and welcome to the new update on Stellar. On the 4-hour chart, the priceline of XLM with Bitcoin pair has completed the formation of bullish Gartley pattern and entered the potential reversal zone. There is also 200 simple moving average support below the buying zone. This trade has a huge profit possibility up to 29%, and the loss possibility is 7.5%. 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.
Long
by moon333
1
XLM (Stellar Lumens) - bounce incoming?XLM has completed a retracement to 0.786 fib. This is typically a very strong area of support. The price is currently sitting in the golden pocket, between 0.618-0.65 fib which is also a good area to see a bounce. If the price can hold above these area, then expect it to move towards the green box for >50% increase. If it cannot hold these fib levels then it will likely break down further and move towards the red boxes 35% decrease. Note the lower red box lines up with 1.618 fib level and as such is a stronger level of support.
by ForgeTrades
XLM/USD Update 4H Chart. $0.63 or $1?We have broken the teal resistance at the same location as the 4H most recent high, came back down for a retest/confirmation and bounced. Then we tested teal again and bounced. Now it is looking like we should push up. Target around $0.63 (resistance line of previous highs) as well as the 1.618 Fib level. A more optimistic view and not terribly unlikely could see us break the previous resistance line and hit around $1 (Psychological level to sell at I imagine) then fall back to the blue (previous high line) to confirm as new support line before heading to a few dollars. At this point I am honestly leaning more towards the $1 level and a breakout since it is looking a lot like alt season and tons of big money is pouring into crypto. If teal breaks down, expect a drop to pink then potentially green line, but personally I lean towards the bullish outcome.
COINBASE:XLMUSDLong
by bwymore
4
XLM/USD 15M Chart Horizontal Triangle We touched the long term resistance based off the previous highs around $0.60 and had a pullback. The price seems to be consolidating in a horizontal triangle pattern. ABCDE Correction. In theory we should be headed back up to a retest and hopefully a breakout. If it fails, I would expect to potentially fall as low as the $0.51 mark where other supports intersect. It looks noisy but It looks like there was an ABC in each leg of the ABCDE and pretty symetrical.
COINBASE:XLMUSDLong
by bwymore