XLMUPtargets and buy area are from fibo retracements and as you know mid term trend line has been broken upwards and the buy area is a pullback to the trend so mid term profit will be way more than this probably 30 - 60 percent but i do short term trades so this is pretty safe i think . remember trades can always go wrong so be sure to stay committed to the stop loss ! good luck guys.
XLM
XLM:ONE OF BEST PROFITTABLE CRYPTO CURRENCY|NEXT TARGET $44.000⚡Hi everyone, today we analyze this incredible crypto that gave us many satisfaction. XLM Stellar is a chain fork optimized for real-time FX transactions. Lumens (XLM), the native platform criptocity is used as an intermediate currency for cross transfers. Transactions trans-assets are made possible via "anchors", which pose currencies on the network by acting as reliable entities that hold deposits and can issue credit. The stellar network charges in a small fee at each transaction to prevent spam attacks and has a 1% fixed inflation rate a year.
XLM presents a positive correlation with the BTC of 80 points, we can say very high. From the 21st Jul, the value of this crypto has risen more than 100% following the bitcoin rally.
You can look at our ideas on the BTC in description. In the last sessions the price had closed inside a triangle where in conjunction with the BTC that was inside another compression figure.Same for BTC both compression pattern was broken in the last 2 days.
In the graphics analysis you can see where we have positioned the target and stop loss.
What do you think ?
TP: 0.44
SL: 0.3231
XLM IS FINALLY READY!XLM has broken out of this triangle and retested it to confirm an upcoming bullish wave. MACD is divergent and exploring higher grounds in the positive zone. However, volume is still insufficient. Possible targets are highlighted in green based on price action history. These designated areas are where the price has struggled to flip in the past. If the momentum picks up, XLM could easily take on these levels. This trade could chalk up a profit of around 36%.
Keep an eye on XLM - Close to breaking out!Here's a quick look at XLM 6 hr chart. As we can see, the price has printed a bigger falling wedge and is about to break out!
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone
1. 0.41$
2. 0.436$
3. 0.454$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
XLM shaping up pretty wellIMPORTANT: I previously posted this TA on the BTC chart by mistake. I'm sorry!
If you don't focus on current price action and watch at 4h chart you'll notice a triangle or a pennant is shaping up. This is good! Even if I can't show you too many indicators at the same time, current price sits on EMA 200 at 4h, watching at stochastic momentum I think it'll bounce from there.
If BTC doesn't dump hard, the chart will form a pattern and then pump, now would be a good moment to enter because you'll have both the possibility to enter for a short term trade (aim the trendiline as resistance) or just to sit on XLM and waid the breaking out of the pattern still in formation.
However I think BTC might go down further so I would enter XLM with only 30% of the money I wanna use. You know... just in case. From there wait to see price action, if I'm wrong on BTC you can enter with the rest.
Good luck!
XLMUSDT TECHNICAL ANALYSIS Stellar (XLM) hasn’t reach out last ATH yet. The candle is on the edge. If candle break out down trendline and resistance line and next candle open close above resistance line ($0.35), it may new opportunity for buy. Cloud just turned green colour as well. If you don’t want to miss anything, follow my chart closely.
“NFA”
Is XRP finnaly going to live up to its hype ? Well as we all know XRP/Ripple used to be and still is on of the most popular coins of recent years, but is it finnaly going to live up to its hype?
Looks like consolidation zone is already gone XRP showed caracter and stayed strong by the first major support and didnt fall unde $1.05 this time.
After a crazy begining of the year and falling down to $0.1 XRP looks better than ever. They "won" their lawsuit and now its time to show what its made of.
My thoughts are tha XRP is the most undervalued coin as its stands right now. If the lawsuit didnt happen i think XRP should've been right there behind LINK. But it is what it is and XRP is looking strong going out of its consolidation and ready for new ATH's.
ARIASWAVE MARKET UPDATE - NASDAQ\DOW JONES\10YR\USD\BITCOIN\XLMIn this Market update I continue to cover what is going on in these unstoppable markets.
Whether it's up, down or sideways. There is always a good reason for what is currently in progress.
Some people say that it will keep going up until it stops, so how far can they throw off the social mood?
It depends on who is in control and I think we all know who that is.
However these markets forces are driven by nature and will always step in and make one thing clear:
You cannot control the markets forever and especially without repercussions.
Just go back through history and find out for yourself.
This is not the first time that governments and agencies have tried to control and stabilize the markets but it makes a good headline.
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 advisor, I suggest using this only as a guide. Always do your own research.
XLM descending triangleXLM in 20+ days long descending triangle. Support at 0,328 holds, three times already, but every time it's tested we get a bit lower price, and that's not a great sign. Since the last bounce from support, volume ascending. Looks like the next move is near. Where ever it goes, we want to catch it... Set alarms and GL traders
BTCUSD - not always bullish, but bullish foreverMid term / swing traders look for retracements. When everyone is mid-term bullish - it's probably a good signal to short, or at least to get out of the asset, especially after last weekly candle exposing weakening bullish sentiment.
The pitch-fork works usually until it doesn't. More crucial in this chart is rather the 200 weekly moving average, which presents statistically best long/asset entry according to value in relation to the last two hundred weeks of price action. If you're here for the money with long term trading outlook, it doesn't really matter how high will asset go, but rather where is the perfect entry from risk management perspective. When price is at top or near ATH (all time high) the financial trading risk is at it's peak. Everyone knows that without saying, nearly everyone ignores it without any logical explanation.
Technical indicators work on historical data... which not always can bring positive trading outcome.
From long term perspective it is irrelevant to disagree with fundamental properties of this asset, broadening understanding of technology explosively affects demand. The bigger the new crowd however, the more unpredictable is panic selling and so is the father of all bubbles - the FEAR OF MISSING OUT.
Be careful, be mindful, be successful by being patient.
Good luck trading,
Adam.
XLM looking like a possible breakout.DCA down to .25 and take profits around the 50% retracement to leave some runners, just lacking some volume but making a clean cup and handle pattern volume at the .25 would be reason to add to the trade and get half the lot in for free. News of the Hurricane will cause the equity markets to suffer....
Big move coming for XLM! Here's a quick look at XLM 4 hr chart. As we can see, the price has printed a symmetrical triangle and we could see a bigger move soon! Definitely one to keep an eye on. The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume.
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
1. 0.41$
2. 0.436$
3. 0.453$
- Profits can also be taken in the resistance zone .
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If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!