XLMUSDT Short POSITIONXLMUSDT experiencing Bullish pressure hence according to H4 downtrend, 50% level of Fibonacci on chart and resistance level on 0.305 we have Short position potential with following TP/SL:
TP: 0.28
SL: 0.31
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XLM
XLM - two possible scenarios 😲🤔The XLM is pushing towards the $0.26 level, which is a signal for a breakdown of this level. The whole market also has a lot of downside prerequisites. I have written about them in more detail in the last two ideas. But it all depends on bitcoin, if bitcoin continues to decline, altcoins will rapidly go down. A good selling opportunity would be after a breakdown of a key level.
If the price breaks the trend line and tests the support, the XLM will probably go up.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
XLM USDT LONG -BUY NOW#XLM USDT Update:
$XLM currently trading at $0.2675
And $0.2724 is the next resistance.
So what now..?
XLM touched the long-time trend line so we expect a good pump in the chart, MACD shows that the power of buyers is increasing.
If XLM breaks the $0.1962 support level then XLM is entered in a bearish zone.
My Levels:
margin- future -leverage:3
or
spot
risk /reward ratio: 5.7
entry price s:(0.2675$____0.2525$____0.2439$)
targets :0.2724$____0.3240 $_____0.3594$ _____0.4268$ _____0.4563$ ______0.5419$
SL:0.1962$
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XLMUSDT 1DHi everyone :)
Possible routes for Stellar price movement
With the successful stabilization of the price above $ 0.267, the bull trend will start
In total, Stellar can be expected to grow to $ 0.315
If the buying pressure continues, the price can rise to $ 0.342
On the other hand, if the price does not have enough momentum to start its uptrend, it is likely that the downtrend will continue.
It is likely to move to its last line of defense at $ 0.235, below which the price reduction will nullify the uptrend scenario.
Under such circumstances, one can expect Stellar to fall to its volatile levels of about $ 0.198
What scenario do you think is happening?
have a nice day
ARIASWAVE MARKET UPDATE - NASDAQ\DOW\BTC\XLM\EURUSD\GOLD\USOILIt seems like these markets are still correcting as per my previous market updates.
Nothing has changed and we are still looking for lower prices across them.
These views are line with the bigger picture and larger degree views.
Regardless of the news and fundamentals these markets are driven by crowd psychology.
Hopefully you have been able to position yourself to take advantage of these coming moves.
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.
a speculative direction of XLM and where it 'could go' given thea speculative direction of XLM and where it 'could go' given the current trend in an ever so slowing down of the train...
choo choo... and I thus have a limit buy order in for about 33c in AUD which is about 22.2 ish in USD.
XLM forming ABC correction, setting up for big rise?ABC correction forming
Fibs are lining up nicely
Ichimoku Conversion line down crossed Base line, calling for a correction
Expecting local Fib correction to around $0.26 - $0.28
After it could make a move up to a 0.702 retracement from the ATH in May. Retest of local ATH at $0.42 possible, could also shoot straight through to set new ATH.
New ATH would be $1.01 to $1.16 according to a hyper-extended Fib from the entire market.
Personally I will open trade after the daily closes inside Ichimoku cloud after the buy zone. I do not currently hold this coin.