XLM - Technical review and analysisWe can expect these levels to become support with strong bullish candles only if we don't have a sharp drop in the market and buyer support is visible. Otherwise, with more selling pressure, we can expect a further decrease in this currency this week. It should be noted that the potential for positive divergence is observed on the RSI indicator. Therefore, after forming a positive divergence, we can expect price growth if the downward trend line is broken upwards in the 4-hour timeframe.
XLM
XLM. Soroban smart contracts coming...Quite an impressive ecosystem of talent and really dedicated stellar people. They will probably take it to a new level when smart contracts are implemented, around the Q2 of 2023. As for XLM , I noted 4 levels around which the price will move throughout the bear market. Also, I want to note that we have a breakout down of the ascending triangle , but in my opinion, this is a fakeout. The price will return back to the triangle.
XLM | Stellar | Contracting TriangleXLM | Stellar | Contracting Triangle
Price is creating a contracting triangle and it has to decide where to move
next.
Actually it is testing the lower zone of the pattern and it can rise again
from that point.
If the price will manage to break down the triangle pattern it should move
down further
Targets on the chart!
Thank you and Good Luck!
Stellar reacted well to its monthly support level!Stellar reacted well to its monthly support level over the past week. After the price of this currency hit the support level of the previous floor due to the formation of positive divergence in the daily time, the price of this currency increased in the 1-hour time. The trend is bullish on the 1-hour time frame but not yet on the 4-hour time frame, and we can see the range area on the chart. Several resistance support ranges are considered on the chart.
The closest resistance that the current price is below this level is in the range of $0.090, which, if this level is broken with buying pressure, the next targets for buyers are in the range of $0.097 to $0.100. In general, due to the price of this currency in the above time frames, it has been placed on important support levels, and the possibility of its trend being ranged for several weeks is high. Price growth can be accompanied by a negative reaction after reaching the resistance of the $0.10 range, and further support levels can be tested.
🧑🚀 STELLAR LUMENS (XLMUSD) - Bullish towards resistance!Stellar Lumens has found support in recent days and looks likely to retest resistance as shown. If we can get above the Fibonacci level of 0.382 then this might be able to kick in as support for the retrace and ignite further upside. Play it safe risk wise, the markets have a lot of negativity at the moment.
XLM - Wait For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
XLM last week broke below the gray support and now approaching the green weekly demand zone.
For the bulls to take over from a short-term perspective, we need a daily closing back above the gray zone.
And then for the bulls to remain in control long-term, we need a daily break above the upper blue zone.
Meanwhile , until the bulls take over, XLM would be bearish and as we dive inside the weekly demand zone in green we will be looking for new buy setups to form.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ALT Coins & Predictive Models IIIf you go back to my previous idea for TOTAL3, you'll see that I had "eye-balled" a pitchfork (downward) to show a channel that I figured we would eventually take. I may not have gotten 100% accuracy on that fork but it was obvious (to me anyway) that we had some serious correction coming. That fork has proven itself after all.
So welcome to the next leg of the bear market, even if the plunge protection teams get in there and attempt to prop things up, bear markets are NECESSARY and deep corrections are EXACTLY what we need in order to shake weak projects, weak hands, hopium, hype and all the scams from our midst.
What has value is worth paying for and owning, the rest will vanish (assuming a free and generally un-tampered market, which we don't really have)
Enjoy the interim relief rally here but don't hold your breath for 90k Bitcoin and ETH, it still pretty much sucks, it's expensive, slow to transact and mostly a pain in the arse to work with.
* * * Not Investment advice * * *
XLM | Falling Wedge Formation..!!
#XLM (update)
Falling Wedge formation in Weekly timeframe..
Seems like Bottomed out & Ready for a Bullish Rally.
In Case of Wedge Upside Breakout, Expecting +200% in the Midterm
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Thanks for Your Love & Support..!!
HBAR 3 day chart looks promising.HBAR 3 day candle must break out
BULLISH of this white circle to show
strength, which is also in between the
Red and Green lines and that indicates
the BULL MARKET SUPPORT BAND. HBAR
has been listed as an ISO-20020 token which
facilitates the creation of all new services and
enhanced straight-through processing.
mainstream worldwide adoption of these type
of tokens will be huge in the near future.