XLM/BTC Breaking Out, Rally Imminent? (+51% Potential Profits)Today we are looking at Stellar (XLM/BTC). As we can see, this coin peaked on its last bullish wave at around 1100 satoshi. Since then, there has been a strong correction, printing a large, bullish falling wedge pattern on the daily frame. Now, we can see prices breaking out and facing some resistance/retesting the old resistance as support.
Prices have broken up above the 10/21 EMAs, a bullish short-term move, and are now pushing the 50 EMA. If XLM is breaking out here, we can see prices push past the 50/100/200 EMAs, allowing for massive growth from this pair. We can also see some large buying volume on the two most recent green candles, another bullish signal. Furthermore, the MACD bounced rather than giving a bearish cross just a few days ago, and the RSI is also above 50, both bullish signals. Finally, this pair is trading near a long-term support level, very close to current prices. Thus, the risk-to-reward ratio on this pair is great. Keep your eyes on this pair and watch for a break above the 50/100/200 EMAs. If this pair is truly breaking out and catches a bounce here then this is a great long opportunity.
A potential short-to-mid term trade setup now could be:
Entry: 650-750
Support: 575
Take Profits:
1 - 799 (+14%)
2 - 908 (+29%)
3 - 1063 (+51%)
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Price at writing: 697 satoshi.
Xlmbtc
XLM market updatePlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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Stellar Market Buy.Stellar - Intraday -
We look to Buy at market
Offers ample risk/reward to buy at the market.
Previous resistance, now becomes support at 0.0762.
A break of 0.0780 is needed to confirm follow through bullish momentum.
Posted a bullish Flag formation.
A break of 0.0780 is needed to confirm the outlook.
Our outlook is bullish.
Our profit targets will be 0.0814 and 0.0838
Resistance: 0.0773 / 0.0780 / 0.0820
Support: 0.0760 / 0.0750 / 0.0745
Signal Centre
XLM/BTC (Retesting Key Level of Support)💎Technical Analysis Summary💎
BINANCE: XLMBTC
-Stellar is retesting key level of the support area
-It is showing signs of decreasing of selling pressure
-This is a good early sign for the Bulls
-But the true reversal is not yet confirm
-If you are a trend reversal trader
-You should wait for the breakout of local resistance
-Entering with momentum and the targets is up to 800s sat
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XLMBTC D1: BEST level to BUY/HOLD 50% gains(SL/TP)(NEW) Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
XLMBTC D1: BEST level to BUY/HOLD 50% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: XLMBTC D1 chart review/outlook
::: getting near strong horizontal support
::: buying low near S/R makes sense
::: but still use a tight stop loss
::: BULLS should get ready to BUY LOW
::: BULLS will target re-test of mirror
::: S/R level at 850 sats. +50% gains off lows
::: nice technical setup overall, so get ready
::: BUY/HOLD swing trade setup
::: for patient traders only
::: so just be ready to buy later
::: and get paid
::: good luck traders!
::: and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: PULLBACK/BEARS
::: Sentiment outlook short-term: BULLS
XLMBTC D4: Best level to BUY 40% gains BUY/HOLD(SL/TP)(NEW)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
XLMBTC D4: Best level to BUY 40% gains BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: XLMUSD 4daily chart review/outlook
::: tagged SHORT because it's BEARISH short-term
::: will flip into BULL MODE later
::: BEST LEVEL TO BUY near 600 sats
::: it's key S/R from the past
::: TP bulls is 40% gains in this trade
::: bulls will target re-test of mirror S/R
::: TP1 is 800 sats TP2 is 900 sats
::: get ready to BUY LOW and get paid
::: recommended strategy: BUY LOW 600 sats
::: TP BULLS is 40% gains BUY/HOLD setup
::: SWING trade setup / no fast gains here
::: BUY/HOLD / do not expect miracle gains
::: SL is 5% max
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/REVERSAL
::: Sentiment outlook short-term: BEARS
XLMBTC, The same time cycles...We can see almost perfect time cycles on the chart!
After the price will touch the Support level it possibly bounces off and starts rising.
The potential profit will be 3 times bigger than the risk.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions here!
Thanks for your support!
XLM closer view on hourly This is for purpose of MAs cross (MA100 crossing MA200 = Bullish ) visualization
Some important PREMIUM lines (potencial resistances) higlighted for your :)
Cheers
This chart is just closer view for a HOLLY MOLLY
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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XLMBTC D1: Best level to BUY 40% gains BUY/HOLD(SL/TP)(NEW)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
XLMBTC D1: Best level to BUY 40% gains BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more short-term
and losses before reversal.
🔸 Summary and potential trade setup
::: XLMUSD daily chart review/outlook
::: tagged SHORT because it's BEARISH short-term
::: will flip into BULL MODE later
::: BEST LEVEL TO BUY near 600 sats
::: it's key S/R from the past
::: TP bulls is 40% gains in this trade
::: bulls will target re-test of mirror S/R
::: TP1 is 800 sats TP2 is 900 sats
::: get ready to BUY LOW and get paid
::: recommended strategy: BUY LOW 600 sats
::: TP BULLS is 40% gains BUY/HOLD setup
::: SWING trade setup / no fast gains here
::: BUY/HOLD / do not expect miracle gains
::: SL is 5% max
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BULLS/REVERSAL
::: Sentiment outlook short-term: BEARS
Time for XLM to Moon?** This is by no means professional advice. I've just started learning TA and this is my first analysis on TradingView. **
XLM has been in long term accumulation for 52 weeks. If it can hold the 693 level for 2 more days i.e closing the weekly candle above 693, then there is a really good possibility for the coin to shoot up. For Scalping, the Target and Stop Loss is shown by the Risk/Reward Indicator.
$XLMBTC Buying up some here $XLMBTC Buying up some here
STELLAR Scoring
Overall Score: 79.30000000000001%
Open communication channels: 100%
Team strength: 62%
Product strength: 94%
Coin strength: 83%
Business/Company strength: 50%
Brand awareness/Buzz: 100%
Advisory board strength: 100%
Activity on social media: 20%
Quick Research
Purpose: Stellar enables low-cost interbank transfers across coutries in less than 5 seconds. The Stellar Development Foundation is also working to enable access to the financial world for the unbanked.
Product Status: Fully working product
Consensus Method: Stellar Consensus Protocol
Emission rate: Emitted in proportion to amount of network activity
TXN'p/s: 1000
Abstract:
Stellar (XLM) is a completely decentralized consensus platform. It is designed to support any type of currency. It has a built in decentralized exchange that can be used to trade any type of currency or asset.
Investment data
Listed on 70 exchanges
CoinMarketCap Rank: 10
Market Cap: $2 B
24H Volume: $669 M
Coin Age: 63 months
XLM/BTC (Back Inside Consolidation Channel)BINANCE: XLMBTC
-Stellar coin is back inside the horizontal consolidation channel
-It is also trading at the midline support zone
-The middle area is a confluence of previous support and resistance
-If XLM can hold this level for at least 1-2 weeks
-There is a big chance it will try to retest the upper horizontal resistance
-Or even break higher to retest the recent swing top price
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Not Financial Advice
Please Exercise Risk Management
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Prepare for lift offXlM's Downtrend is slowly coming to an end as the Volalility increases
Currently with an extremely oversold RSI it opens opportunities for accumulation and possible bullish entries for a 2 month period
Within the following 2 weeks i assume a test of the Major trend resistance and more than likely a break into minor trend resistance
XLMUSD | SWING - 13. Sep. 2020Hello my friend | Welcome Back.
Please support this idea with LIKE if you find it useful.
***
Obviously, it will break the channel to the downside and may reach the mentioned support.
***
Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
***
The information given is not a Financial Advice.
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XLMBTC D1: BEST LEVEL / SHORT IT 20% gains possible(SL/TP)(NEW) Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Premiun content
-not just random lines on the chart
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
XLMBTC D1: BEST LEVEL / SHORT IT 20% gains possible(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: XLMBTC daily chart review/outlook
::: 840/850 heavy mirror S/R resistance
::: BEARS will take over from that level
::: get ready to short it and get paid
::: TP1 bears is 700 TP2 bears is 600
::: chart currently transitioning into BEAR
::: mode so just adopt to new strategy
::: let's take it one step at a time though
::: recommended strategy: SHORT IT 840/850
::: TP1 20% gains TP2 30% gains
::: SHORT/HOLD setup / swing tradesetup
::: for patient traders only / no fast gains here
::: re-test of 600/700 required now to complete
::: the sequence for the BEARS
::: Just SHORT IT and you will get paid, period
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment outlook short-term: BULLS/RANGE