XLM CLEAR BREAKOUT INCOMING WATCH NEXT DAILY OPENif you are looking to short or long XLM here is your chance were in a rising channel which is usually a bullish sign but with the bearishness of the market you may want to look for a short... Either way here are key support and resist lines as well as how I expect and bearish scenario (red) and a bullish scenario (blue) to play out
XLM
XLM - Buy Signal!Hello everybody. This is my first analysis of Stellar coin. Now we have strong support area at 0.20 - 0.23$ and you can buy and hold in three steps. Also we have red downtrend line and it will break possibly, in RSI we have similar downtrend line. Stellar is one of the coins that can make new ATH in 2022.
Stellar (XLM) formed bullish Gartley for upto 97.5% rallyHey dear friends, hope you are well and welcome to the new trade setup of Stellar ( XLM )
Previously we had a nice trade of XLM:
Now on a weekly time frame, XLM has formed a bullish Gartley pattern. Right now after completing the leg priceline is moved slightly above the buying zone, therefore, we can wait for a correction to buy it from the potential reversal zone.
XLM Maintains Upside Setup Despite Breaking Immediate SupportStellar Lumens (XLMUSD) looked like it had a nested 1-2,i-ii bullish setup in place but broke that convincingly when it broke the 0.25-level, which marked the bottom of what WAS the wave-ii. Thus, our previous primary PURPLE pattern has invalidated.
However, while many cryptos broke-down so fiercely that they've completely reset their larger 5th wave rally setups by completing the 4th wave correction that started in May 2021. XLM like LTC, DASH, SOL and LINK maintains the larger 1-2 setup, and this will remain valid as long as it holds 0.199 support, which is identified as the new GREEN pattern. If XLM breaks below this, it, too, is following the bearish alternate RED pattern with lows that could drop as far down as 0.11!
While I have begun to advise against buying large amounts of most cryptos since we were supposedly in the middle of our larger 3rd wave rally, XLM has pulled back enough that if this is indeed the bottom of our subwave (ii), this would be a solid BUY opportunity. With that being said, I recommend dollar-cost averaging (DCA) to continue growing your positions as the rally continues in order to reduce risk (buying a little bit on a regular basis instead of dumping a lump sum of cash all at once). There is no telling if we'll see a slightly lower-low (which would NOT invalidate the current setup) or the worst-case bearish red alt pattern.
While our overall top projects somewhere between 0.97 and 1.16, 1here is a strong resistance at the 0.618 extension of our larger rally that topped this last spring, which projects to 1.71! The 0.618 extension is a common 5th wave target off of a larger 3-4, and there are multiple confluences at that price level.
This larger Wave 1 top (common to most altcoins) should coincide with the Major Wave 5 top for Bitcoin and Ethereum. Therefore, the coming rally top may be a good time to take profits and reallocate across other securities outside of cryptocurrency or even Stablecoins. While BTC and ETH may see a colossal crash for the ages perhaps spanning many months or years, XLM (and other altcoins) may give us a STELLAR buy opportunity for the longer-term, which would very likely get us to those amazing targets in the $9+ range.
But as always, we must allow the pattern to develop as the market chooses. It is still a good time to buy before we see any form of 3rd wave take-off. Please size your buys commensurate to your overall risk tolerance!
I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this video is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels.
#stellar #xlm #bitcoin #ethereum #litecoin #blockchain #ripple
XLM - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
XLM is sitting around strong support in blue so we will be looking for buy setups.
on H4: XLM is forming a channel in red, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, XLM would be overall bearish can still trade lower till the lower blue support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
🔵XLM & The Difficulties To reach 0.60$Hi every one
STELLAR / TETHERUS
XLM is in an Ascending Triangle. The Price has not managed to Break this Pattern yet,but we expect a Break out to happen Soon. and when It happens,we can Expect The Price to Increase as much as the Measured Price Movement (AB=CD) But It would React to Pivot Points on It's Way! yearly Pivot Points would be Great Resistances For XLM. We Expect a Reaction From the Price If The Break out happens: The First Pivot Point (yearly) will be a Strong Resistance,and The Upper line of the Triangle Will be a New Support! after Doing a Pullback to The New Support, The Price will ascend Further & Will react to The Next Pivot Point! After a Little Bit Of Correction, We shall The Price Finally Be able To Reach The Expected Target (Which is Around 0.60$). This Scenario Has Been Drawn For you on The chart & It all Depends On The occurrence of The Break out!
🔵Summery:
-XLM is in an Ascending Triangle.
-No break out yet!
-when The Break out happens, price would React to yearly Pivot Points!
-Target Is around 0.60$
🔴This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
XLM Backtesting Handle of GIANT C&H?!XLM Has been building this potential cup and handle since the '17 top. Has Bitcoin topped and we are starting a new bear market without coins like $XLM $DASH $EOS $XRP etc not hitting previous ATH's?
In my opinion this could just be backtesting the handle (Last shakeout) before really something special here.
#NotFinancialAdvice
🆓Stellar (XLM) Dec-5 #XLM $XLM
.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.24$ zone
🔴Buy : 0.26 - 0.24
🔴Sell : 0.32 - 0.4
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.24$ zone
🔵Sell : 0.24
🔵Buy : 0.2
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Stellar vs Tether Looks Even BetterThere is no doubt here, XLMUSDT is full blown bullish mode.
Since yesterday, XLMUSDT went from trading below EMA300/100/50/10/MA200 to trading above it.
So today we have a candle above all these levels.
This one looks like the other USDT pairs.
There are no surprises.
We had months of consolidations.
Years to prepare...
Make sure to work on your strategy to maximize profits.
Improve your results.
That's it for now.
Namaste.
Stellar Gets Closer To A Bullish Breakout!How long has it been since the last update?
2 days, 5 days, 1 week?
I really don't know because just 1 day feels like a entire week for me.
When I am at 3 or 4 days, it feels like I've been on it for months...
So, here is an update for Stellar (XLMBTC), it is now much more closer to grow.
I will mention one signal before we go, just to prove that it works.
See the MA200 black line curving down strong.
Inversely prices for XLMBTC will shoot up.
MA200 starts curving down...
The pairs candles start curving up.
Namaste.
XLMUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price has hit its support line and is supported, and has broken its resistance line upwards.
We expect the price to be able to touch our target over time.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
💡Don't miss the great buy opportunity in XLMUSD @StellarOrgTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.3453).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XLMUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 0.3686
TP2= @ 0.3926
TP3= @ 0.4175
TP4= @ 0.4409
TP5= @ 0.4672
SL= Break below S2
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. . . . . . . . Hit the 👍 LIKE button,
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💡Don't miss the great buy opportunity in XLMUSD @StellarOrgTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.3453).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XLMUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 0.3686
TP2= @ 0.3926
TP3= @ 0.4175
TP4= @ 0.4409
TP5= @ 0.4672
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️