Xlmusdlong
XLMUSDT (1H CHART) - Channel Breakout XLMUSDT (1H CHART) Technical Analysis
XLMUSDT currently trading at $0.266
Buy-level: Above 0.265
Stop loss: above $0.255
Target 1: $0.273
Target 2: $0.282
Target 3: $0.292
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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Stellar - 0.618 Inverse RelationshipStellar during its downtrend, within the fib wedge, can be seen to trend briefly along 0.618 fib circle line, then dump through the 0.618 fib wedge
Inversely during Stellar's current uptrend, a move upward can be seen through 0.618 of the Fibonacci wedge
Hence the relationship
XLM moving in an Ascending Bear Triangle. Huge DIP comingXLM is moving in an ascending triangle and the pattern looks bearish to me.
I has already touched point D of ABCDE pattern and I think it should meet point E at around 0.31 zone. Post this there should be a major DIP.
How far it can drop we need to wait and watch.
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XLM...... 1 D# Analysis on the daily chart, in the style of the price channel, RSI and Fibonacci.
# Inside a bearish price channel.
#RSI if my sale is satisfied and my purchase is loaded.
------------
==Waiting for the green trend to cross over RSI, and it becomes bullish.
== Exceeding the price channel (black) becomes bullish.
==Targets:
1)- 0.38 Fibonacci = 0.42688
2) -0.50 Fibonacci = 0.4979.
3) -0.618 Fibonacci = 0.5673
Stellar ATH coming Stellar Looking good for big move,
0.920 is critical so I'll expect to bounce back down then up to ATH at 1.11
Fibonacci is siting right on 1.11 and my measured move it's sitting right on the price.
I'm not financial adviser please do your own research before trading,trading is risky and you can lose your money.
XLM Going to pump up? 💣Hello Traders. I hope you are having a great Tuesday.
Today I want to talk about XLM. Well as you can see in 4H timeframe, price broke the green area which was ATH an has retested it 2 times and has gone up
since then. Now price is moving in a channel and recently has broken out of a purple range and in smaller timeframes has managed to pullback to it. So in my
opinion it is a good place to open a long position.
Entry : 0.61$ ( around purple range ) Target : 0.8$ ( midline of the channel ) Stop loss : 0.58$ ( if the candle closes below the purple support )
Midterm target for XLM can be around 1$.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on XLM and don`t forget to comment what you think. ✌
XLMUSDT 1.00$ Soon!XLMUSDT (4H CHART) Technical Analysis Update
Cup and Handle Pattern
XLM/USDT currently trading at $0.70
Buy-level: Above $0.69 - $0.70 (Wait for the small retracement)
Stop loss: Below $0.57
Target 1: $0.76
Target 2: $0.80
Target 3: $0.90
Target 4: $1.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Great buy opportunity in XLM🚀As we can see, price is forming a Cup and Handle which is about to Breakout.
- Wait for the Candle closure above the Pink Resistance line.
- Put your Stop Loss below the breakout candle or green support area.
- Take Profit: $0.975 or Trail it with a Trailing SL.
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XLM soon to break $1XLM/USDT successfully broke out from the inverse head and shoulders pattern it formed on the 4h time frame and is now looking to break upwards past it's ATH and push towards my first TP target at the 1.618 fib extension level ($0.87). Thereafter we should see a second leg up towards the $1 level which will be a large psychological resistance. Once broken, our second TP will be at the next fib extension level of 2.618 ($1.18).
It will be interesting to see how this plays out over the coming weeks ahead with May being a historically bullish month for altcoins. Be sure to follow me on TradingView to stay updated and for future analysis.
Stellar XLMUSD - Potential Bullish ScenarioThings to Note:
1. Bullish Market Structure- Printing HH and HL
2. Price forming an Ascending triangle pattern
3. Following a rough uptrend line
4. Volume is low atm but it should expand at the BO
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk
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
Understanding whats going on XLM right now! XLM is currently doing new all time highs and higher lows, which means the market is in a upptrend.
XlM broke out the all time high resistance line! Why is the market going down right now ? DONT panic! as we can see in the picture XLM is doing higher lows and it currently doing the all time high RESISTANCE LINE to SUPPORT line.
After when the resistance line is a support line we can expect a HEALTY push upp to new all time highs.
- Understanding the currently trend we are in right now, we can see we are making higher highs and higher lows,
which means we are in a upptrend.
- The reson why XLM made a dropp is becus the market did a pullback and made the old all time highs resistance
line to a support and we can see how the candels are actully respecting the line.
- We are in a all coin season too, we can expect a big move for XLM.
$XLM is bullish but not short term.There are two possible scenarios green and red paths.
0.6562 would become a support or resistance.
If it resist a cup and handle pattern would be possible otherwise a breakout and retest will occur with higher high.
The possibility of a resistance is more because of high funding rates.
Just an possible idea.