XLMUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price crossed the resistance line. It seems that the price can reach its target soon.
Meanwhile, we can see a twin pattern that guarantees a price increase.
Maybe we can have a price pullback to its support line. If it penetrates into the support line, we can see more drops, but if it can move above the support line, it can touch our target.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
XLM
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: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”