XLMUSDT (STELLAR) - POSSIBLE PRICE ACTIONS ANALYSIS 🔎
- XLMUSDT is resisted by the descending trendline resistance.
- Price is retesting the descending trendline resistance.
- Price action is printing a symmetrical triangle pattern at the retest zone.
- A relatively big move is imminent.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance and descending trendline resistance.
- Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend ⬆️: Horizontal resistance level (R1).
- Downtrend ⬇️: Horizontal support levels (S1, S2).
Xlmbtc
XLM BUY SIGNALSThis is my first entry. Sorry if i make any mistakes as I am not familiar with the tools.
I have been watching XLM closely if it can rise again at 0.45 and clear that resistance then its all the way up to the previous levels.
Remember to take your decisions step by step.
We have a very good setup here in my opinion and I will monitor it closely.
This is only my viewpoint.
Thanks for reading.
XLMBTC potential entree levels for the midterm Hello everyone,
I hope you are all healthy and well. In this publication I share my study of XLMBTC for the midterm group and long term group.
Based on the Fib.Retrecement Levels, there is a chance that we can drop to the golden zone. That seems to be a very strong support zone. For the people who allocate XLM or BTC, this may be a familiar analysis. The big question, based on the current bearish trend of BTC, is whether this will actually take place. If BTC falls further, there is a chance that we will bounce back from the 0.5 Fib.Level (see chart) to return to the upper limit.
I hope my analysis makes some sense. Please leave your comment. Thank you for the inpunt
XLMUSDT (stellar) Look Bearish!XLMUSD (4H CHART) Technical Analysis
Support Breakout
XLM/USDT currently trading at 0.385
Short Entry-level: Below 0.385 (only enter if 4h candle closes below the support line )
Stop loss: above $0.425
Target 1: $0.353
Target 2: $0.310
Target 3: $0.235
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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XLM Retracement CompleteI think at this point it is safe to say that the retracement is complete and the likelihood of another retracement to .32 or lower is slim. Currently there is a bull flag forming in the 5 and 15 minute charts that at the very least seem to project a push to the .43 range, or higher. If you look on this hourly comparison of XLM, BTC, the XLMBTC trading pair itself, you will notice that once the range has bounced from the bottom, or hit .000009BTC, that will be the range until the next parabolic movement.
That is not to say that there won't be a few ups and downs, or peaks and valleys on the way to .78 or thereabouts, but that we have hit the double bottom at .355. If anything, we might hit that level again, but I would put that only as a possibility after we hit .43. Eitherway, there is potential for only one more double digit retracement before the .30's are a thing of the past!
XLM Buy a break setup.XLMUSDT - Intraday - We look to Buy a break of 0.5405 (stop at 0.5284)
Daily signals are bullish.
We look for gains to be extended today.
The previous swing high is located at 0.5400.
A break of bespoke resistance at 0.5400, and the move higher is already underway.
Our outlook is bullish.
Our profit targets will be 0.5747 and 0.5962
Resistance: 0.5200 / 0.5400 / 0.5800
Support: 0.5000 / 0.4850 / 0.4700
Pour Me a Cup of XLM/BTC #Stellar #Xlm $XLM Here we see our weekly XLM BTC chart from Binance . As you see XLM had massive downside right through that bear market in 2019. It looks quite clearly like a massive Cup structure has formed .You see we've started to come up a bit now from the recent bottom . We're even wicking into the weekly Ichimoku cloud - I wouldn't be surprised if XLM closed a candle inside the weekly Ichimoku cloud - and soon. And that would be bullish . Once we close a candle inside the Ichimoku here we will almost certainly go to the top of that cloud near 2500 . And after that we should be breaking upwards out of that cloud. Targets at that point would be the fibs such as :
the .50 fib near 3616
the .618 fib near 4375
the .706 fib near 4939
but at that point XLM might just enter price discovery mode since our last weekly resistance is near 4500 sats. Will be an interesting 12 months
ahead for XLM. Hope you're having a great day . Keep in mind Cup and handle structures always have a pullback after forming the top part of that cup ( for us that's up near 3700 it looks like) and then they pullback a bit forming the handle before more upside .
XLM / BTC - Choose your fractal ; back to top channel ; PART 2XLM / BTC - Choose your fractal ; back to top channel
just redid this one now we have more bars.
pink or blue is still an option, they both sorta fit.
5.5-8x ish BTC value on this one if history repeats. not bad. now have a look at btc returns on nano. if that one repeats. BUT this is the safe play imo.
XLM formed Gartley for upto 29% moveHi dear friends, hope you are well and welcome to the new update on Stellar.
On the 4-hour chart, the priceline of XLM with Bitcoin pair has completed the formation of bullish Gartley pattern and entered the potential reversal zone. There is also 200 simple moving average support below the buying zone.
This trade has a huge profit possibility up to 29%, and the loss possibility is 7.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.