Xlmusdbuy
XLM on the riseAll in graph. i updated a bit my last analyse as i detected a trend, but we need more confirmations to validate it ( i like more to get 3 points to validate a trend).
So according to Fibo target should be 0.5$, unchanged from my last analyse. As i always say, don't forget to keep an eye on BTC King movements, as it drives strongly alts prices!
now according to this trend :
-Target if we push now 0.52$
-Target if we have delay 0.55$
- Strong support 0.22$
- Bottom 2020 0.10$
i will add in comments all my last XLM charts.
Be Wisely & Happy Tr4Ding !
XLM About To Out Perform XRP!?! (Here's How)Welcome everyone,
My name is Schyler with NewWave Traders. NWT is a movement in Elliott wave and trading education, a movement in creating independent and profitable traders, and a movement in lifestyle. I've been a full time trader since 2017 in the crypto markets and I help traders create a full time income for themselves without working the full time hours by mastering a proven Elliott Wave trading system that will allow you to trade on your time and live the life you deserve. Hit the follow & like button if you'd like to make it a reality. I've helped hundreds of traders just like you make it a reality for themselves. Looking forward to helping you create your success story and life.
Let's Talk About XLM /USD...
XLM is providing a great example that many Elliott traders take a long time to understand and that is how wave structures can mold into other counts and how to be able to determine which count is most probable and how to setup a trade on it.
Notice that in the short term the size of the wave structures lead perfectly to a 1:1 extension that prints the red ABC as the most likely scenario. In the short term all 3 counts have a high probability of moving together to at least hit that target of .27 cents. We just got a perfect test of .145 at the .382 fib retracement for a 4th wave. Looking good. What happens thereafter is what I call the Y (turning point). Due to the amount of other trade styles that take part in the market we will determine at this price point whether there is more buy interest or sell interest.
This offers us the opportunity to wait for the market to tell us what it wants to do and because of the Fibonacci relationships we can relate to each wave structure we can have high probability invalidation levels that warn us of a market structure break or the likelihood of one count performing over another. For example, the blue count needs to get squeezed up with a 5th wave that is of equal length to wave 1. If price fails to do this and pulls back too deeply then we invalidate the count and look for the green count to offer the next support and opportunity for the bulls to take us higher. We only want the green count to pull back to previous wave 1 support or the .382 fib retracement, so if it goes deeper than that then we have a high probability that the red ABC was the appropriate count and we're connecting to the downside.
DOES XLM Have More Potential Than XRP?
XLM can outperform XRP if it prints a 1,2,1,2 count which would follow closer to the Green wave structure identified in this chart. So it's definitely possible, but the key thing to take away in my opinion is the crucial reaction we are soon to see at .27 cents for XLM .
I hope you enjoyed this analysis and if you'd like to stay up to date and get notifications of how this count unfolds and what we can learn from it then make sure to follow me on tradingview here and I'll keep you all posted. in the meantime check out my other assets and counts I'm following such as the ADA count below that has some upside potential as well. Want a hedge short? check out the LINK count.
Stellar could be violentThis Dip was orchestred by SEC on 23 December againt XRP but also against the entire Crypto World, it means a lot about Governments wich want to control peoples psyches and scare them before end of the year. what a nice gift and what a better manner to reveal their ugly side. they could had wait end of festivity to rekt peoples.
As margin trader / Scalper i manage my own risks and use rebuy zones and Stop Loss, but i know some hodlers get rekt before Xmas and this situation make me dismayed.
Stay confident and strong because the future is bright in cryptos, its just the beginning and they will lose this war.
That said..back to trading :
XLM made a hard back so now, wait for this XLM Dayli Candle to close and look if you see an engulfing of the last day big red candle.
if this scenario not happens wait 1 more day to get a confirmation.
- a good buy Zone should be around 0.16$.
- Keep some Juice in case for a rebuy around 0.13$ ( Strong Buyers Zone on VP)
- TP1 Should be before 0.2$
- TP2 before 0.25$
- TP3 bedore 0.3$
i don't publish indicators to keep chart clear but i can tell you that XLM back could be violent as 1 Day is on the floor and ready to turn green.
Like Always keep 1 eye on BTC King!
Merry Xmas to everyone and Happy Tr4Ding !
XLM Stellar is BOTTOMING FINALLY? (ALT CRYPTOS IN PLAY )Hello friends, It’s time to load up the Stellar BAG as her money printer is about to recover and start printing greens
kindly Like and follow me so you won't be missing any of my updates and Ideas.
As you all know one of the top Alt cryptocurrency known as Stellar (XLM) reached an all-time high of $0.938144 USD on January 04, 2018. But has dropped from top 10 to 20 Alt since then ,
this week though, finally a sign on the daily chart shows that the bottom is calling stellar in.
But does that mean that are we about to catch the bottom?
the chart answered that very clearing and also shows where stellar is liking heading to for a while.
PATTERN DISCOVERED;
Broadening Bottom
chart shows that we have a MACD signal cross on the Daily chart just took place recently a good signal confirmation for XML LONG ENTRY SET UP:
(HIGH RISK SETUP)
ENTRY : 0.078
STOP : 0.058
FIRST TARGET 0.16
SECOND TARGET 0.2
(LOW RISK SETUP)
Less Risky Long Entry Zone :
Enter when a price bar closes outside the pattern in the direction of the breakout followed by a close above the breakout candle, I guess this will be somewhere around the 0.085 to 0.09 zone.
ENTRY : 0.09
STOP : 0.058
Target : 0.8
(This Idea is on a daily chart, so I expect this to be in play for a week or more)
SUPPORT ME WITH YOUR LIKES AND FOLLOW ME FOR MORE IDEAS AND UPDATES
This Repetitive Move Is Leading The Stellar Lumens (XLM) To $2Falling wedge:
As we have seen in my previous article that the priceline of Stellar was moving in a falling wedge pattern. When I published my last post at that time the priceline of XLM was at the support of this falling wedge and I was waiting for two more indicators to turn bullish to predict the bullish divergence for breakout. These two indicators are momentum indicator and the stochastic. The reason I am using these two indicators to predict the breakout here because the price action of lumens is very much synchronized with these two indicators. On the chart it can be easily observed that whenever the priceline of lumen hits the support and the momentum turns weak bearish from strong bearish that is a kind of bullish signal and stochastic gives bull cross then priceline takes a bullish divergence and hits the resistance of the wedge.
I was expecting the same move this time. I am sharing the both screenshots the previous one and the current situation. It can be easily obeserved that when I shared the chart in my previous article at that time the stochastic was oversold and momentum indocator was strong bearish. In the next screenshot you can see the current situation that when the momentum turned waek barish and the stochastic gave bull cross the price action again took powerful bullish divergence as it has been doing in the past and at this time the Stellar is attempting to breakout the resistance of this wedge.
The previous move:
The current move:
Volume profile and Bollinger bands:
here the two more indicators are playing very important role one is the volume profile indicator and other one is the bollinger bands. If we place the volume profile on the complete price action moving within the falling wedge pattern then we can see that the trader’s interest is very weak below $0.038. Therefore when the priceline moved down where the trader’s interest is low the XLM turned bullish and reached the resistance of the wedge. And if we see the bollinger bands then it can be noticed that when the priceline made its first attempt to breakout the resistance of the wedge in May 2019 then the bollinger bands was below the resistance of wedge therefore it stopped the priceline of Stellar to have a breakout. After that the priceline made another attempt to break out the resistance of the wedge in Feb 2020. At that time the bollinger bands was again below the resistance of falling wedge and became a strong hurdle for priceline to breakout. But this time we have some different situation the bollinger bands is above the resistance of the wedge. Therefore the price action of Lumens can easily move out from the resistance of wedge, moreover if we observe the movement of the bollinger bands then it can be easily seen that the bollinger bands is slightly moving up and showing its tendency that it is making the way for the priceline to move up.
Bullish Crab pattern:
During the strong bearish move in the month of March 2020 the XLM has completed the formation of bullish Crab pattern. I also have shown this pattern in my previous post. If we take a closer look on the chart then it can be easily noticed that the priceline has just hit the spike in the potential reversal zone and as per sequence of bullish Crab the price line was the supposed to move up in the Fibonacci projection area of A to D leg from 0.382 to 0.786 Fibonacci level. We can see that finally the price action took a powerful bullish divergence and produced more than 93% bullish rally. At this time the 0.786 Fibonacci level is a strong resistance for the Lumen. And we can observe at this time the price line is hitting at this level for third time this is the same level where we also have the resistance of the falling wedge pattern.
Simple moving averages.
The position of the simple moving averages on the daily chart also goes in the favour of the breakout from the falling wedge pattern. If we see on the daily chart then the priceline has aggressively crossed up the 25, 50, 100 and 200 simple moving averages. Now it has the strong support of all these SMAs. And the 25 simple moving average has formed the golden cross with 50 and 100 SMAs and moving forward to cross up the 200 simple moving average. Following the 25 simple moving average 50 simple moving average is also moving up to form the golden cross with 100 and 200 SMAs. The golden cross between 50 and 200 simple moving average is considered as a strong bullish signal among the traders community. They always take it as a strong buy signal. After that we can expect the 100 simple moving average will also form the golden cross with 200 simple moving average. And after all these golden crosses we can have a complete opened alligator mouth of the moving averages below the price action of XLM that can produce more powerful bullish rally.
Long term resistance levels:
Now if we switch back to the weekly long-term chart. Then we find two major resistance levels on the way of Stellar. The first resistance level is $0.09, We can see that upto 2019 this resistance level was working as a strong support for the price action but once it is broken down in August 2019 after that the Lumen never able to cross up this resistance level again even after 3 attempts. Once the priceline will be able to cross up the 9 cents resistance then the price action may re-test this previous resistance as a support and move up to break out the next major resistance at $0.14 after breaking out this resistance the XLM doesn’t have another other resistance upto $0.23, so we can expect a faster move from $0.14 to $0.23.
Powerful bullish move that can lead the XLM to hit $2:
Now I would like to show you my favourite part of this analysis and that is the harmonic move of Stellar. If we move back in 2017 the priceline formed a big bullish harmonic BAT pattern on long-term weekly chart. And from the potential reversal zone of this BAT pattern the price action moved up with very powerful bullish divergence that leaded the Stellar to hit $0.51 that was more than 4000% powerful bullish rally. Now if we switch to the more bigger time period monthly chart then we can observe that same as like the previous move of 2017 the price action has a gain formed another very big bullish BAT pattern. And from past 5 months the priceline was moving at the bottom of this is BAT and now it has retraced back in the potential reversal zone. The potential reversal zone of this BAT starts from $0.11 and ends up to $0.059. We can expect another very big powerful divergence from this PRZ level but if I talk realistically then as per Fibonacci sequence the price action of Lumens should enter in the Fibonacci projection area from 0.382 to 0.786 Fibonacci projection of A to D leg. That is from $0.23 up to $0.41 that is also upto 600% big gain. However for stop loss we should use the potential reversal zone to minimize our risk.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
STELLAR LUMENS (XLMUSD) DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
XLM/USDT - nervous breakdown shows correction.Divergence on RSI
On the waves, the miscalculation is just right for the correction.
It is better to stay away from shopping and wait for the perfect point in your shorts.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions)
Thanks for your support!
XLMUSD has formed another bullish reversal patternFollowing a of very big bullish BAT pattern:
As in my previous several articles I have been following the below harmonic pattern that is formed by the price action of Stellar and that is a very big bullish BAT on monthly chart. The formation of this bullish BAT pattern was started from the candlestick that was opened and closed on February 2017 and last leg was completed by the candlestick of December 2018. Since then the price action is moving in the potential reversal zone of this very big bullish BAT.
First I caught this pattern on September 2019 after that I posted a followup article with more details in November 2019 and when I I saw more developments in this pattern then I posted other followup article with more details on January 11th 2020.
There have been many time the priceline has hit beyond the potential reversal zone’s support but so far we don't have even a single candlestick that has broken down or completely opened and closed below this PRZ level. The potential reversals zone has been so far proven very strong support for the price action of Stellar. There is one critical point is that if we place the volume profile on the complete price action of this big bullish BAT pattern then we can examine that the traders interest is even below the potential reversal zone. Therefore there are so many times we have witnessed that that the candlesticks has hit the price below the PRZ level but after hitting beyond this level the price action again gets retraced in this potential reversal zone back.
Here we have another support that is moving along with the support of this potential reversal zone and that other support is the POC of this volume profile. As discussed earlier in my previous articles I have explained how this point of control of volume profile works as a centre of gravity for the priceline and the price action always moves around this POC level of volume profile. Therefore we can also notice here that since February 2019 up till now the price action is moving around this point of control level and whenever the candlesticks move up move down then POC of volume profile pulls the price action back towards itself therefore sofar it is really difficult for the priceline of XLM to break down or break out this POC level of volume profile.
The potential reversal zone or buying zone starts from $ 0.1108 and ends up to $0.0600 and the Fibonacci projection or sell zone starts from $0.2315 and ends upto $0.4135. Therefore this move can produce upto 589% massive profit. But if we calculate the profit form where the priceline is moving at this time then the profit possibility is up to 1037%.
Bullish crab:
In the meanwhile the priceline of XLM has been forming different other bullish chart patterns on short term and long term and I have been sharing the patterns with you but there was a pattern I had high expectations with, was a bullish Crab that was formed on 2 day chart.
And I shared this pattern on December 16th 2019. This time Stellar was expected to produce up to 98% profit and we have witnessed that as per prediction the XLM produced more than 70% rally and dropped down again. I was expecting that this time the priceline of Stellar will cross up 0.786 Fibonacci projection of A to D leg of this bullish Crab and if it will manage to cross up this Fibonacci projection level then it will turn more bullish and eventually it will lead to the execution of the big BAT pattern that has been formed on monthly chart and the price action will further more move up to enter in the sell zone for Fibonacci projection zone of the big bullish BAT.
But unfortunately the price action failed to break out the 0.786 Fibonacci projection of bullish Crab.
A new bullish harmonic move:
Now this time while moving at the support of big bullish BAT pattern on monthly chart on smaller time period the Stellar has shown very positive move. This time it has formed another bullish Crab pattern on 2 day chart same is like it has formed in the month of December 2019 that we have discussed earlier.
The first leg of this pattern was started from the candlestick of 17th December 2019 and this leg was completed on 14th Feb 2020. After that the priceline retraced between 0.382 to 0.50 Fibonacci level that was the first confirmation of bullish Crab pattern and on the very next candlesticks the price action moved up and projected in the projection area of A to B leg between 0.382 to 0.886 Fibonacci projection and here we have received the second confirmation of bullish Crab. Now we needed a long bearish leg that should be retraced between 1.27 upto 1.618 Fibonacci level
And this recent market crash and strong bearish trend has helped the price action of Stellar to complete the final leg of this bullish Crab pattern. We can notice that the price action has hit the spike on 13th March 2020 in the potential reversal zone between 1.27 upto 1.618 Fib level that is also our buying zone for stellar. But even though after visiting the potential reversal zone the priceline again moved up and has hit the projection area between 0.382 to 0.786 projection of A toD leg and moved down again there can be strong chances that the priceline will again visit the potential reversal zone or buying zone and move up with another powerful bullish divergence and enter in the sell zone or Fibonacci projection of A to D leg. And this time again I am expecting that if the price line of Stellar will manage to cross up the 0.786 Fib projection then it can also lead the price line to move in the sell zone of the big bullish BAT pattern that has been formed on monthly chart that we have been following since last year September 2019.
Conclusion:
The price line of XLM has very strong 3 supports
1. The maximum extent of potential reversal zone of big bullish BAT pattern that has been formed on monthly chart
2. Second support is the point of control of the volume profile that we have received after placing the volume profile on complete priceline of bit bullish BAT.
3. Third support is the potential reversal zone of bullish Crab pattern that has been recently formed on 2 day chart.
At this time we have two types of sell targets one is the midterm perspective another one is the long term target.
1. Midterm sell targets: The midterm sell targets are according to bullish Crab pattern that has been formed on 2 day chart are from $0.0421 to 0.0727.
2. Long term sell targets: The longterm sell targets are according to bullish BAT pattern that has been formed on monthly chart are from: $0.2315 to $0.4135
Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
XLMUSD forming bullish Crab | Upto 98% bullish move expectedPrice action of Stellar / US Dollar is forming bullish Crab pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.048953 to 0.038544
Sell between: 0.057035 to 0.076600
Enjoy your profits and regards,
Atif Akbar (moon333)
XLMUSD formed bullish BAT | Upto 46% bullish movePriceline of XLM / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.060290 to 0.056511
Sell between: 0.069304 to 0.082804
Regards,
Atif Akbar (moon333)
XLMUSD formed bullish Crab | A long opportunityPriceline of XLM / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.052774 to 0.051811
Sell between: 0.053524 to 0.055333
Regards,
Atif Akbar (moon333)
XLMUSD formed bullish Crab | A buying opportunityPriceline of XLM / US Dollar cryptocurrency has formed a bullish Crab pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.056838 to 0.055971
Sell between: 0.057510 to 0.059134
Regards,
Atif Akbar (moon333)
XLMUSD formed bullish Gartley | Upto 23% expectedPriceline of XLM / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.07214152 to 0.06784270
Sell between: 0.07552560 to 0.08360964
Regards,
Atif Akbar (moon333)
XLMUSD formed bullish Cypher | A log opportunityPriceline of XLM / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.078361 to 0.077317
Sell between: 0.079354 to 0.081503
Regards,
Atif Akbar (moon333)
The BAT Always Pushed The Stellar To Achieve Highest Price EverThe XLM token started with the opening price of $0.002251 in Jan 2017 as per Kraken exchange and reached at $0.06700 within 4 months on May 2017 that was more than 2,876% huge bullish move which brought the Stellar in lime light and in a very short period of time the token came among the top cryptocurrenices list.
The market cap was increased from 17,173,226 to 585,609,334 which was more than 3310% difference.
Then after May 2017 to July 2017 the XLM faced strong bearish trend and the price action dropped from $0.067 to $0.0122 and that was a really huge loss of more than 81%.
For more than 3 months this bearish trend was continued and on week chart every candle stick was being closed lower than the previous candle stick and the people were expecting more worst situation for future.
Upto July 2017 the Stellar was not as that much older that the traders would get signals from different indicators on week chart even the first exponential moving average with time period of 20 was appeared in May 2017.
The Nature's Role:
But in the meanwhile the nature was playing its role and the supply and demand of traders formed a harmonic pattern that was a bullish BAT harmonic pattern. After initial leg which was from Mar 2017 to May 2017 the B leg was retraced upto 0.50 Fibonacci and B to C leg projected between 0.382 to 0.886 Fibonacci and this was the projection of A to B leg as exactly required for BAT. Then the last C to D leg retraced between 0.786 to 0.886 and this was the potential reversal zone as per bullish BAT, then from July to Aug 2017 the consolidation period started and the price action moved sideways. Then in all of a sudden the exponential moving average 10 which was likely to cross down the EMA 20 to form a death cross, moved aggressively up and in very next week the price action hit the 51 cents which is the all time high sofar by Lumens.
This time the Stellar is making almost similar move and this move is more broader than the previous move of 2017, and we also have more indicators and moving averages available to measure the priceline moves.
After Feb 2018 we had a strong bear move which leaded more than 69% loss then in the month of April 2018 the bulls took the charge again and brought the XLM price upto $0.46200 and recovered more than 59% loss but this move was not for making another high therefore after hitting the $0.46200 the bears took the charge again and leaded the price action upto $0.052 in Sep 2019 which was more than 89% loss from the highest ever price of $0.5100.
1st sign of breakout:
Since Feb 2018 the price action was moving within a pennant and after a year on Feb 2018 the priceline hit the second time on pennant support and this hit produced a bounce which leaded the price to hit the resistance of pennant and broke out on May 2019, during this the exponential moving average 10 was likely to cross up the EMA 20 but could not make this golden cross then a price correction period started which leaded the price again down upto $0.0542, this time the RSI went in oversold zone and now the EMA 10 is again moving up to make another attempt to form a golden cross with EMA 20 if this golden cross will be successfully formed then it can again lead the price action for all time high as it took place in Aug 2017. We have the MACD strong bullish.
Stochastic upto month chart has given bull cross.
The Nature Is Again Playing Its Role:
Again the buying and selling trend from the humans has given the price action some certain directions and the Stellar has formed again a very big natural bullish BAT pattern on month chart.
After initial leg the A to B leg is almost retraced upto 0.50 Fibonacci and B to C leg is moved the projection area of A to B leg between 0.382 to 0.886 Fibonacci and now again the last leg is retraced between 0.786 upto 0.886 Fibonacci And this time the Stellar price is again entered in potential reversal zone of BAT like it was in July 2017 and now we can expect another very strong bullish divergence which can lead the price action to achieve higher than the previous high 51 cents.
Even though this move can lead to the highest ever price in the history of XLM but realistically we can sell between 0.382 ot 0.786 Fibonacci projection of A to D leg, so the targets can be as below:
Buy between: $0.110241 to $0.059381
Sell between: $0.231517 to $0.413568
Regards,
Atif Akbar (moon333)