Stellar (XLM) formed bullish Gartley for upto 12.50% moveHi dear members, hope you are well and welcome to the new trade setup of XLM .
Previously I shared a long-term trade setup for XLM , which is still in play:
Now on a 4-hr time frame, XLM has almost completed a bullish Gartley pattern. There is also a hidden bullish divergence, as the priceline is forming a higher low and Stochastic is setting a lower low.
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
XLMUSD
XLM Can Start to Increase soonXLM is in a Rounded Bottom Right now Which means the Price will Be Increasing Soon. The Price will be Increasing as much as the Measured Price Movement (AB=CD) That means the Price will Reach around 0.1600$. 27% Profit (at least !) Note that we should wait for a break out to happen.
-XLM is in a rounded Bottom
-No break out
-(AB=CD)
-0.16$ is the Target
-27% Profit
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Thank you for seeing idea .
Have a nice day and Good luck
Stellar XLM Bearish SentimentFriday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum .
With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this week.
XLM/USDT short
Entry Range: $0.110 - 120
Price Target 1: $0.098
Price Target 2: $0.0.092
Price Target 3: $0.080
Stop Loss: $0.129
XLM looking upThere is a strong consolidation on the XLM coin. As a rule, before a strong movement. There is a level of $0.11. Below they are not allowed - this speaks of strength. In case of a positive recovery of the general market and fixing the price above the level of the descending wedge that indicated, consider opening a long position. But not at once. Because at such moments, false breakouts very often occur. Now more than ever, risk management is essential!
ARIASWAVE CRYPTO MARKET UPDATE - Tracking the Latest Price MovesIn this video I cover Bitcoin and XLM and talk about what I see happening over the coming months.
I believe we will see a relief rally sooner rather than later in these markets.
I have adjusted the count for Bitcoin due to the waves observed that the current lows.
Each wave that occurs in the markets gives off clues to the overall count which is why I've been patient.
If we are to expect some kind of rally, then it's best to understand which waves will cause it.
In the case of Bitcoin, it looks to be part of the corrective portion of Wave D of Wave 2.
In the case of XLM's potential to rally it looks like it is Wave C of Wave 2.
For now, it appears to be wise to wait for Bitcoin to at least trace out the start of a bear market rally...
Whereas in the case of XLM it looks like it has already displayed signs that the bear market rally has already begun.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
XLMUSDT 1D The global growth goal is $0.5 per XLMThe XLMUSDT price behaves almost as nicely as the price of "colleagues in the shop" - XRPUSDT
The XLMUSD price is approaching the critical level of $0.12.
Breaking this level up and fixing it above means the official start of a new growth trend.
If Stellar buyers fail to break through the price of $0.12, and the cryptocurrency market continues to be negative, the $0.075 level for buying XLM will be quite relevant
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#Stellar soars 14% in 3 Weeks, will XLM bulls Break $0.12?Past Performance of Stellar
There are flashes of strength in XLM. A notable development is that the coin is outperforming BTC and ETH. For instance, it is up 14 percent from September lows and tracking higher week-to-date versus the USDT. Despite rejections of higher prices on September 21, Stellar's uptrend is still valid. The immediate resistance is at $0.12; buyers may resume formation, targeting $0.135 in the short term.
#Stellar Technical Analysis
The expansion of Stellar prices on the past few trading days is with rising trading volumes. This development is overly bullish and signals buyers' participation. Since prices are firm and buyers appear to be in charge, traders can find loading opportunities on pullbacks above $0.105 and the middle BB. The immediate target, in that case, will be August 2022 highs at around $0.135, as mentioned earlier. On the reverse side, sharp losses confirming bears of September 21 may see XLM contract back to $0.098 in a retest.
What to Expect from #XLM?
XLM buyers are solid; the coin may tick higher with rising volumes as it bottoms up. The immediate support is at $0.105, while resistance lies at $0.12. Any surge above this week's highs may initiate demand, possibly lifting the coin to new multi-week highs at $0.135 or better in the medium term.
Resistance level to watch out for: $0.12
Support level to watch out for: $0.105
Disclaimer: Opinions expressed are not investment advice. Do your research.
XLMUSD forming traingle pattern, wait for a breakoutXLMUSD
price is forming a triangle like structure, if price manages to break above the triangle and if price holds above the structure, I expect the price to move higher towards next resistance. if price breaks below the support area the the setup will be invalidated
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Stellar XLM - Huge dump is incoming! Falling wedge + triangle
On the daily/3D chart, we have a pretty strong bearish downtrend. We just hit a brand new low a few days ago, so it's really not looking good at all.
We can spot a triple bottom, which is usually a sign of a descending triangle pattern or a rectangle continuation pattern. There is a lot of liquidity below this level and the market usually comes for the stop losses.
The chart is printing a falling wedge and a local descending triangle. Both of them have a bearish bias until we break these patterns.
We deeply need to go down for the final fifth impulse wave to complete this ABC correction. Because otherwise, if we pump now, then this structure was an impulse and it's going to be a dead cat bounce rally, followed by another bear market below 0.026 USDT.
XLM is a great coin and I believe we will have a massive pump in 2023-2024, but for now it's still bearish and we need more confirmation to buy this altcoin.
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XLM PRICE ACTION - Wave C of Wave 2 Now in Progress?As I continue to observe the markets, I see XLM continuing to perform as expected.
I do believe that we will be range bound for a while yet unless a couple of things happen mentioned in this video.
There is no real need to jump the gun in these scenarios...
As long as you continue to track the overall pattern even at the small degree it becomes clear what is likely taking place.
Right now, it appears as though we are simply in a Wave C bounce of the larger Wave 2 correction and the clues signal a potential bounce to around 24 cents.
But only if certain conditions are met.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
XLM UAH as an indicator of XLM growthHryvnia as an indicator of XLM growth is also a graph that shows when there will be an introduction of digital hryvnia based on xlm defined agreement between the Ukrainian authorities and Stellar developers already exists. With a high probability before solving the hryvnia problem, they will create a serious fall in UAH to which zone the analysis will be in the next idea and the solution will be in the form of creating a digital hryvnia in the application