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Xlmbtc

XLM looking great for a potential trend reversal long term XLMBTC Just broke and retested resistance at 857 on the weekly. Will be looking for a bounce now on the daily for a potential long term long. Market structure started to change on the weekly from around March but haven’t been able to break resistance at 857 until now. Also retesting 20 EMA at the same time. As long as we don’t close below the 20 EMA or support at 857, I will consider opening a long entry with first take profit area at around 1753 for a 100% gain. Potential for much more IMO.
Long
by TradeTravelChill
XLMBTC weekly: 60% gains BUY/HOLD NOW (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 weekly: 60% gains BUY/HOLD NOW (SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: BUY/HOLD setup ::: SWING traders only ::: Updated/revised outlook ::: Overall crypto space looks strong ::: XLMBTC weekly chart review/outlook ::: long-term accumulation ::: broke out recently ::: throw back into accum range done now ::: sell side pressure subsiding on weekly ::: DCA near current levels TP bulls +60% ::: expecting 60% gains next 2-6 weeks max ::: BTCUSD likely stays locked in range ::: while XLM will push HIGHER ::: equals to bullish XLMBTC ::: recommended strategy: BUY/HOLD/DCA ::: TP BULLS +60% gains 1400 ::: 60% upside for bulls ::: BUY/HOLD setup for patient traders ::: just BUY and get paid, period ::: good luck traders ::: details: see chart 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9/Combo update: N/A ::: Sentiment mid-term: BULLS ::: Sentiment outlook short-term: BULLS
Long
by ProjectSyndicate
8
Looking For Pullback Long-term Very Bullish Based on a Fibonacci retracement from the ATH to the low, we can see that price has been moving in an uptrend from level to level. We've made a new high and we are now due for a pullback. This aligns with Bitcoin which looks to be due for a pullback as well, which leads me to believe we'll see price hit the 0.382 level. This is outlined by the orange arrows, the market is very bullish so my other scenario is in green where we go straight to the 0.7 level. It's also important to keep in mind that there is a weekly ichimoku bullish cross looking to happen in the next few weeks which would not only create a large upmove, but would usher in a new bull market for XLM. For this reason and the strength of Bitcoin I'm very bullish for XLM in the future.
COINBASE:XLMUSDShort
by sachu_blessyou