Xlmbtc
XLM - Ascending TriangleTaking a closer look at XLM, the 1H is looking great. We are currently in an ascending channel with a great chance of breaking above resistance around 990 sats. Currently still sitting on our 940 entry for the other chart, I can see us hitting 990 sats within the next 24 hours. From there the targets are still 990 - 1,100 - 1,300. Good luck my fellow traders!
XLM - One More RunLooking at the daily chart on XLM/BTC, it looks like we have one more good run left in us. I am making a risk trade to ride this for a good 10-20% profit since the data looks good. Doing a fib retracement of the last pump I am setting my targets at those levels of 980 - 1,100 - 1,300 sats. I will be entering here at 940 sats. Setting a stop loss at 915 - a close one in case there is a crash due to Bitcoin's current volatile movement. Good luck traders!
XLM Buy a break setup.Stellar - Intraday - We look to Buy a break of 0.3320 (stop at 0.3182)
Daily signals are bullish.
We look for gains to be extended today.
Our outlook is bullish.
We can see no technical reason for a change of trend.
A break of bespoke resistance at 0.3300, and the move higher is already underway.
Our profit targets will be 0.3742 and 0.3948
Resistance: 0.3300 / 0.3500 / 0.3750
Support: 0.3200 / 0.3000 / 0.2800
XLMUSDT (STELLAR) - POSSIBLE PRICE ACTIONS ANALYSIS 🔎
- XLMUSDT is printing a descending triangle pattern.
- Price is testing the descending triangle's inclined resistance.
- Price has been consolidating in a rectangular pattern at triangle's inclined resistance.
- A relatively big move in imminent.
POSSIBLE PRICE ACTIONS
Uptrend ⬆️: breakout above the rectangular pattern's horizontal resistance and the descending triangle's inclined resistance.
Downtrend ⬇️: breakdown below the rectangular pattern's horizontal support.
TARGETS 🎯
- Uptrend ⬆️: Horizontal resistance level (R1).
- Downtrend ⬇️: Descending triangle's horizontal support.
XLMUSDT (STELLAR) - IMMINENT BREAKOUT ANALYSIS 🔎
- XLMUSDT is consolidating in a symmetrical triangle pattern.
- Breakout is imminent.
POSSIBLE PRICE ACTIONS
- Uptrend⬆️: breakout above the symmetrical triangle's inclined resistance.
- Downtrend⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend ⬆️: horizontal resistance levels, fibonacci extension levels.
- Downtrend ⬇️: horizontal support levels, fibonacci extension levels.
Time to make stellar performance again XLM!Looking at the longer term development helps to put the recent price action into perspective. XLMBTC has actually moved back and forth across the old downward sloping trendline that originates from June 2019. That trendline now coincides with a strong support/resistance against which XLM is presently forming an ascending triangle. That can be seen better from the 12h chart below.
Last November there was a tremendeous impuls to the upside all the way to 1200 sats level. After that started a strong correction, while BTC was making a strong move up, taking XLM all the way down to 400 sats level. From that bottom on 3 Jan XLM has recovered to the present level, back to the 840-880 strong S/R zone.
In December XLM broke from that S/R zone downward after creating a descending triangle. Now it is completing an ascending triangle that most often breaks upward. I am holding XLM and buying more if that breakout takes place with a good volume. Tell me what you have concluded based on your research.
Trade safe and take care.
Cheers
Whoop
XLMBTC is ready for long-term bull runRe-testing wedge:
XLM with US Dollar pair, after breaking out from the wedge on the weekly chart, the priceline has re-tested the resistance of wedge and support and the long-term breakout has been confirmed.
BULL FLAGE and testing EMA supports:
On the daily chart, the priceline has formed a bull flag and being consolidated. In the meanwhile, the XLM is also testing the EMA 10 and 21 as supports.
SMAs on weekly chart bitcoin market:
With Bitcoin pair, on weekly chart, the priceline of Stellar is breaking out the 50 simple moving average then there will be 100 and 200 SMA resistance levels.
Ichimoku cloud:
On the same weekly chart, with Bitcoin pair, the price action of Stellar is moving under an Ichimoku bearish cloud for a long time. Now the cloud has turned weak and it can breakout the cloud at any time for a powerful bullish rally.
Long-term big harmonic moves:
On long term-two week chart the price action of stellar has formed a bullish Butterfly:
And on 2-month chart, it has formed a big BAT pattern and entered in potential reversal zones of both patterns.
Conclusion:
XLM needs a breakout of weekly 200 SMA and the bearish cloud as soon as possible to start the long-term bull run. The harmonic moves are indicating that the breakout is very much confirmed.
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Stellar, a coin to watch in this ALT SEASON !!! #XLMBTCWelcome to my update:
As all of us may have noticed till now, we are in the alt season.
But what coins are valuable and +100X during this bull run?!
- Any coin that has created higher lows since 2019 is considered a promising one.
- Coins with a high market cap ( just check the top 20 and pick those that have a green chart)
- Coins with strong fundamental news around them.
- XLMBTC :)
.$STELLAR has created bullish divergence o RSI indicator, on weekly and daily time frames !!!!
.The volume has increased magnificently since Nov 2020.
.It is in the top 10 of the high market caps, with $6,357,600,985.
.It is currently trading above its crucial support area and
.Great news about them
.Grayscale has doubled their holding of this coin lately
So both fundamentally and technically, $XLM is in a great spot to be bought.
My first target is 2143 satoshis
My third target would be the 0.61 fibo level (3128 satoshis)
And the last target is 7275 satoshis
Feel free to share your own insight of this pair, and please hit the like button and support my idea if you want this coin to moons in this bull run.
RISE or FALL? XLM ft BTCIf Bitcoin can rise back into the ascending triangle, we will see it rise all the way to the upwards resistance point, much like we just witnessed XLM do exactly the same thing yesterday. If this happens, XLM will also test its resistance point and more than likely break it ( since it is so close to the support line right now). But, things aren't looking good without volume....
XLMUSDT - Potential breakout 🔼Analysis 🔎: XLMUSDT is consolidating in an ascending triangle pattern.
Breakout is imminent.
Buy entry ⬆️: breakout above the ascending triangle's horizontal resistance.
Targets 🎯: fibonacci extension levels(0.5, 1), projected ascending channel resistance.
Setup invalidation ❌: breakdown below the ascending triangle's inclined support.
XLMUSDT (stellar) Wafting for the next Bull Run!XLMUSDT (4h CHART) Technical Analysis Update
Waiting for the resistance zone breakout
XLM/USDT currently trading at $0.300
SHORT Entry level: Above 0.333 (only enter long after 4-hour candle closes above resistance zoner)
STOP LOSS: I will update once I see the breakout
Support level 1 (Target 1) : $0.376
Support level 2 (Target 2) : $0.440
Support level 3 (Target 3): $0.500
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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XLM Inverse Head and Shoulder Pattern - Breakout Imminent Seeing an inverse head and shoulders pattern on the 4h chart. Looking very bullish for an imminent breakout to test the .44 range and then get continuation into parabolic price discovery mode. So much good news for the Stellar Lumens XLM lately. Mega Bullish here. Short term support .2615 short term resistance.30
$XLM BTC new price rally ahead?XLM, in my opinion, belongs to the top 3 cryptos.
It is decentralised, robust and has a high speed. Recently chosen by the Ukrainian government also after 3-year evaluation as a platform to build their national currency. So I'm strongly bullish for Stellar $XLM, and my analysis might be biased while I try to keep this neutral.
Why is XLM bullish?
1. H8 XLM break into a bullish zone which according to Ichimoku_Cloud indicator (Enhanced for Crypto due to 24/7 activity) read more of this tool by a recent post from @entertheroach The-Ichimoku-Cloud-Ichimoku-Kinko-Hyo-WTF-is-it/
2. H4 and all smaller timeline charts complete a new flag in the chart indicating new burst.
3. Ichimoku_Cloud indicator in H4 is showing strong support just below H4 flag, indicating a new bullish breakout
4. In H4 EMA20 and MA50 recently crossed well over MA200 indicating the bullish cycle
5. EMA20 and MA50 has not crossed in H4 indicating the flag will burst into a new price rally.
Apart from chart analysis with recent positive news on $XLM, bitcoin price rally and above-mentioned indicators, there is a high likelihood to see a big price rally for $XLM similar to 10 days back. It increased 152% in the last rally from the bottom. Thus, the target now is another 150% from the last bottom, 121% from the current price level, which is ambitious, while well deserved for $XLM in my opinion.