XLMUSD Accumulation almost over. Look for a 1D MA200 break.Stellar got rejected at the end of December on the 1D MA200 (orange trend-line) and that stopped the rebound from developing into a full rally sequence. That is the Resistance to beat if XLM wants to see a new bullish phase. Practically the pattern from late June until now seems like a giant Accumulation Phase and both in price action and 1D RSI terms is similar with that of April - November 2020.
It was a 1D Death Cross (MA50 crossing below the MA200) that started the Accumulation Phase and another that priced its bottom and ended it. The Golden Cross (MA50 crossing above the MA200) was formed on the peak of the first price rally, so it just confirmed it. Right now XLMUSD is coming off that second Death Cross, so we can argue that the bottom may already be priced in. The confirmation however will come in my opinion once the 1D MA200 breaks, so if you don't want to risk buying now, then buy upon a break-out.
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XLMUSD
XLM is about to leave the triangle.XLM is struggling to maintain the $ 0.24 level. We approach the exit of the triangle, we should observe the direction in which we leave the designated zone. Another support at $ 0.20. in the case of a downward move. If the XLM begins to gain strength, it may attack the price of $ 0.275.
ARIASWAVE - BITCOIN - XLMUSD UPDATE - The Bear Market Continues.In this video I simply present an update which is not much different than my previous views on these Cryptos.
Not much has changed and I am still expecting a deep correction that is only getting started.
You will no doubt have noticed that there has not been any meaningful bounce suggesting further upside.
Whether you are bullish or not AriasWave merely gives you the perspective you need to hear not just the one you want to hear.
Stay tuned for more updates coming soon.
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 advisor, I suggest using this only as a guide. Always do your own research.
Stellar (XLM) - January 13Hello?
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(XLMUSD 1W Chart)
Support section: 0.18554008-0.23669590
If it declines from the 0.16420803 point, there is a possibility of entering the mid- to long-term investment area, so you need to trade cautiously.
It should move above the 0.33900755 point to continue the uptrend.
As such, it is necessary to check if the trend is moving upwards along an uptrend line.
Above the 0.40293161 point is the high-end section, so there is a possibility of finding resistance in the 0.44131920-0.49247902 section.
If the decline is from the 0.44131920-0.49247902 section, you should check to see if there is support near the 0.40293161 point.
If it falls from the 0.40293161 point, you need a short-term Stop Loss.
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(XLMBTC 1W chart)
Box sideways section: 428 Satoshi-1288 Satoshi section
It should move above the 746 Satoshi point to see if it can turn into an uptrend.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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XLM - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
XLM is approaching a strong support in green so we will be looking for buy setups.
on H4: XLM is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Another scenario would be if the bulls take over from here by breaking above the current high. (projection in blue)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, XLM would be overall bearish can still trade lower till the lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XLM's Break out will Determine The Trend Soon.Hello every one
STELLAR / TETHERUS
XLM is In a Symmetrical Triangle. The Pattern Has not Been Broken By The Price Yet. Depending on The Incoming Break out, We can Expect The Price to move Upward or Downward as Much as The Measured Price Movement (AB=CD) The Incoming Break out will Determine The Trend For XLM. The Support & Resistance are Shown in The Picture.
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
XLM CUP(date) ON THE HANDLE - THE NEW(est) ANGLEXLM CUP(date) ON THE HANDLE - THE NEW(est) ANGLE
An update to my CUP & HANDLE ideas for XLM
These are just my angles on the pattern...
By no means the final survey
Sorry to spam the idea so much, i mess up alot before posting... i think i handle arc right now..jeesh
XLM long term target for bullsXLMUSD analysis based on fib levels.
We expect XLM to hit 2 $ in 2022.
However, if the price breaks below critical support, it may get ugly for bulls.
XLM is one of those coins that didn´t do much in comparison to new coins such as Solana, AVAX, CRV and many more.
We believe that older coins such as XLM , BCH , EOS, XRP will shine soon. They say: Every dog has its day.
XLM bright days are coming
Good luck
Drop a comment if you find this analysis useful
No financial advice!