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XLMUSD

Elliott Wave Analysis: XLMUSD Can Be Finishing 5th WaveHello Crypto traders! Today we will talk about cryptocurrency Stellar(XLMUSD), its price action from technical point of view and wave structure from Elliott Wave perspective. Well, Crypto market is in a massive rally since March 2020 lows, but we can see it nearing some interesting target levels, as we see it also approaching important period. One of them can be XLMUSD in which we are tracking the final wave 5, mainly because it's coming up out of wave 4 triangle, which actually suggest the final leg 5 before we may see bigger and deeper corrective decline. Wave 5 can be either a five-wave impulse or ending diagonal formation, so there's room for a slightly higher levels towards 0.70 - 0.80 target area, where XLM may potentially find a temporay top. What we want to say is to be careful at this stage, especially now when BTC is already at the new all-time highs and also within 5th wave, either ouf of wave 4 triangle or maybe as part of the wedge pattern. Be humble and trade smart!
BINANCE:XLMUSD
by ew-forecast
10
xlm at decision pointAlot of people may have been scared off from the volatility over the weekend, but when you take a step back and open your eyes we can all see how healthy and aligned this movement is. Stellar had a perfect retracement to the .382 zone, reach to continue upwards. As you can see, when price hits this major .45 range, there is a price movement of 30 to 50 percent. so when time price went up there was an additional 20% more movement then there was before. If history repeats itself then we could see a leg up to 1.618 extension. The exception is that this is void if price cant break .55
COINBASE:XLMUSDLong
by Spiritualbeing11
3
Stellar Lumen, About To Form A Flag-Formation-Breakout!Hi, Welcome to this analysis about Stellar, we are looking at the 4-hour timeframe perspective. Stellar is one of the more volatile currencies in the last times within the cryptocurrency market and as I discovered now it is forming this important descending-channel in which it already completed the wave-count A to C in the structure and bounced within the lower supports and EMAs lying there, when Stellar now manages to breakout above the upper-boundary this will be the proper continuation-setup and completion of the formation as a bull-flag. Realistic target-zones lying in the dynamic-target-zone marked in blue in my chart then, when Stellar reaches these zones it needs to be readjusted if a bullish continuation right away is possible or firstly pullbacks show up. In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best! "The high destiny of the market is to explicate rather than to speculate." Information provided is only educational and should not be used to take action in the market.
COINBASE:XLMUSD
by VincePrince
5
XLM USD - THE 10-CENT RANGEStellar has been on this bullish move for a month now, well deserved I might add. The fundamentals for XLM has all the attributes to make it a long term pretty good investment. The technicals show you how this token has been moving in a fixed range of 10 cents before a retracement. Something to keep in mind when taking profits. A good way to catch the bull run is to wait for price to come within the cheap buy zone. Approx $0.56-0.58 price area. I see XLM to continue on its bullish journey. No price predictions here. Just possible zones where price can travel.
KRAKEN:XLMUSD
by abram2024
XLM is moving upwards as anticipatedI hope you all had an amazing weekend! As anticipated, XRP was the necessary catalyst (see my published idea from April 6th, 2021). Also, if you have read my comment from April 7th, 2021 (in that idea from April 6th, 2021) we saw the retest of the monthly level at 0,468$ and weekly level at 0,488$ - if you have set your stop-loss as I did for myself (0,448$) your position has not been closed and you are now part of the upwards momentum. Our PT positions are still in play. I have mentioned on my idea from April 6th, to set your profit taking level a bit below the actual resistance level and yes, we saw the price approaching 0,67$, but it was rejected around 0,656$ - a good spot for taking profits and buying back at a lower level. Profit taking levels still in play: 0,677$ 0,746$ 1,05$ Stop-Loss is now according to your entry point. If I make a good amount of profit, I take out my initial investment and let the profits run - no risk there :) -This is no financial advice, so trade with caution!- For transparency reasons: I am invested in $XLM with 1/3 of my portfolio and usually keep 2/3 for dollar cost averaging every 30% down.
BINANCE:XLMUSDLong
by RedFoxTrading
Possible 20% Gains on XLMOverview - XLM showing a low-risk entry with the potential to retest the previous high. Let's start from the top! Price Chart - Price is currently respecting the 50MA(yellow) if holds would've been a nice low-risk entry - Position is marked on chart: Target $0.69, Stop loss at $0.566 - If BTC goes dumping XLM could drop further to $0.545 but with a stop loss you'll be safe from that - Volume is starting to rise(see below for link) RSI - When I see the current RSI touch the line of the previous low, sometimes this leads to a nice breakout. As of now looks great and there's room to grow if the breakout occurs Stoch - Stoch value is screaming that it's time for another run with its low value of 41 Extra Info - Learn about XLM here: www.stellar.org - XLM VOLUME: coinmarketcap.com If you enjoyed this analysis or learned something new, please LIKE this idea 👍 FOLLOW for important updates for this coin and helpful trading strategies 🏆 Would also like to know your thoughts! Remember this is not financial advice , however, it is an overview of what I am seeing in this coin's price action. - Been working on a COMPLETE trading guide so stick around for when that'll be released! Currently has: * OVER 70+ Basic/Advanced Trading Terms * Trading Concepts to Help Jumpstart Your Trading For Any Experience Level * TONS of Trading Patterns with Homemade Examples/Videos * HUGE Range of Indicators That'll Teach You the Inner Workings AND How to Use Them to Boost Your Profits -Happy Trading MoneyGrind
COINBASE:XLMUSDLong
by MoneyGrind
8