An inverse head & shoulders pattern formed in XLM.Today was an incredible day for many cryptos, and not so much for others. But one thing you can be sure of is that XLM has been spending the past two weeks forming a perfect head & shoulders pattern on the 30 minute chart that, assuming it plays out bullishly, is almost near the take off point!
If price action breaks out of the dashed white line at the top of the wedge pattern, we could see a dramatic price increase in the coming weeks. This could also be a great sign that XLM could be well on its way to gaining ground, and starting a new bullish trend in the mid to long term.
Good luck, and always use a stop.
Xlmusdt
XLM will likely drop an additional 25% before it rebounds.XLM appears to be working its way to the bottom trend line of the wedge pattern that has formed on the daily chart. If it does, it will likely bounce, and make a run for the top trend line of the wedge pattern. This could present many opportunities for day/swing traders, and make it easier to determine entry and exit points if it plays out.
Good luck, and always use a stop.
XLMUSDT # 001 ( 2000% Growth with 2024 Market surge $$$ ) Hello dear traders.
Good days .
First of all thanks for your support and comments .
——————————————————————————-
On monthly Gann Square, XLM start rising after passing Gann Square Arc resistance.
With refer to first weekly Bullish Gann Square, expect to hit 0.75 Gann price Zone at cross Zone of Rejected Monthly Gann Fan line .
2024 is look like good year for Crypto currencies and XLMUSDT has an opportunity to grow to about 2000 - 2300 % .
Chart updated and route plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
XLM/USDT looks incredibly promising at the moment! 🚀 📈💰 The 4-hour time-frame shows a strong bullish market structure, indicating a potential uptrend in the making. 🐂✨ Moreover, the current price is precisely situated within a demand zone, suggesting a high probability of a 15-30% bullish move in the short term. 📈💥 Let's keep a close eye on this exciting opportunity and see what unfolds! Remember, this is not financial advice. 🧐🔍
#XLM #StellarIn the daily and weekly time, it is moving in an upward channel for a short period of time, and the pullback to the 12 cents area and leaving the density and the bottom of the channel can continue its growth up to the neck line and the middle of the channel, and if it stabilizes above the red band in the daily time OK, it can continue its growth up to the weekly supply area
XLMUSD - MACD Pattern The MACD areas on this Weekly chart look very similar. Will A large rise come once the bulls kick in on the second point?
Right now price is slowly creeping upwards on Weekly which is also a good sign.
XLMUSD has a very similar chart to XRPUSD and I expect if one pops off the other will follow.
STELLAR/XLMUSDTNot fan on this LSE:XLM but has potential on going back to 0.65$ just my point of view on charts.
Always remember buy low sell high, don't do the opposites buy high sell low.
Not much talking more on this but absolutely there's more room to UP this.
Follow for more gold coin on crypto world.
Welcome new followers.
I'm glad I reached 500 followers.
XLM in Coming DaysXLMUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
🤑Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
XLM/USDT Preparing for an Explosive Bull Run? 👀🚀 XLM Analysis💎 Paradisers, turn your attention to XLMUSDT, showcasing a significant setup in the demand zone, reinforced by a recent Market Structure Shift (MSS). This scenario hints at a substantial possibility of a bullish trend.
💎 Examining XLM's pattern, Stellar has consistently demonstrated its ability to surpass its descending trendline, an indicator of potential upward trends. It is currently contending with a major Bearish Order Block (OB) challenge, with continued momentum above the EMA100, targeting supply levels at $0.17.
💎 However, in the ever-changing crypto market, XLM traders need to be ready for various outcomes. Should the anticipated bullish breakthrough not occur, shifting to a rebound strategy from the support level at $0.107 will be key.
💎 A decline below this support level would signal the need for a strategic change, prompting a reassessment of the bullish perspective and the need to adapt trading strategies in response to new market developments.
💎 Stay focused and strategically adept, Paradisers. Your ParadiseTeam is committed to providing insightful analysis and strategic guidance, ensuring you make well-informed trading decisions in these dynamic market conditions.
XLMUSDT 1W LONG📈Hi all. Timeframe 1 week. Stellar is globally in an ascending channel and is currently flat at its support. A fractal repetition of growth to the upper boundary of the channel is possible. I'm considering placing on spot now, and long on breakout/retest, depending on your type of trading. Marked goals and levels on the chart.
The Bullish Case for XLM! A Comprehensive Analysis!!!XLMUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
🤑Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
XLM , good buy .Sup folks , posted about xlm just to let you know its cheap , i have drawn an accumulation zone which right now the price is in and you can start accumulating , in my idea we gonna have most of the 2024 bullish and xlm is one of the coins that repeats its history , my target for it will be close to previous ATH and im not sure it can break it as theres so many new freaking good coins in the market but its an easy gain in case you have the patience with antique , good luck lads .
Going in Big on Stellar (XLM) - Target .18-.19 Cents!This one will be a longer-term swing. It may take weeks. It may take months. But the bottom line is that I like almost everything I see about this chart. Let's start all the way at the bottom. In mid-June price was at or near multi-year lows. RSI indicates we were way oversold. We started digging ourselves out of the hole then and haven't really looked back. That trend-line on the RSI is highly significant. Every time we've touched it our price has pumped. Our first touch was at the formation of the triangle bottom in mid-June at .07 cents. From June to July we went from .07 all the way up to almost .19 cents, nearly tripling. Every touch thereafter netted at least 30% from touch to top-out. And just recently, we have touched that sacred magical line once again. I believe this next pump is only beginning.
Now jump on up to the price chart. Feast your eyes on that beautiful ever-present bullish triangle. Isn't that amazing. But it's not just the size of it that I am excited about. Or the precision of touches to the top-side and bottom. Look at all those SMAs (50,100,200 day). Do you see how there all in the same area? And they are all providing us support rn. Additionally, just under all of them, we have a major horizontal TL. This provides us with a massive area of confluence that it become ridiculously hard to bet against.
I'm in at 11.8 cents with a SL comfortably under that last pivot low (9.5 cents to be exact). I will be taking profit along the way but will hold at least 25% of this trade to the final target unless I get stopped out of course. I will be raising my stops a comfortable distance along the way. Right now they are about 18% below my entry and I will draw them closer and closer to current price as we go. With any luck, we should be in the profit fairly soon and eventually so will my stops. Risk reward ration on this is 3/1.
None of this is fin advice of course. Just showing you all how I trade.
Best,
Stewdamus
XLM-USDT | Incoming Pump!What Is Stellar (XLM)?
Stellar (XLM) is a peer-to-peer (P2P) decentralized network created in 2014 by The Stellar Development Foundation or Stellar.org. The network officially launched in 2015 with the purpose of connecting the world's financial systems and ensuring a protocol for payment providers and financial institutions. The platform is designed to move financial resources swiftly and reliably at minimal cost. Stellar links people, banks, payment processors and allows users to create, send and trade multiple types of crypto.
The basis of the network is its native digital currency - XLM or Lumens. XLM acts as an intermediate currency for operations and is also used to pay transaction fees. How it works: the protocol converts money in a few seconds, first into XLM, and then into the requested currency.
The Stellar payment protocol is based on distributed ledger technology -- an open-source development, community-owned and distributed by community. The crypto asset of the Stellar platform helps with cross-border transactions, overcoming the problems of high fees and slow procedures. XLM is more focused on assisting individuals transfer money than they are with institutions. Thus, Stellar offers access to financial systems, and people can send money at low cost and promptly around the world.
Moreover, Stellar serves as a decentralized exchange and marketplace, with a built-in order book that tracks ownership of Stellar assets. Platform users can manage buy/sell orders, as well as select and set their preferred assets in settlements. XLM is a built-in coin that helps reduce transaction fees.
The network maintains a high level of security. XLM holders must have at least one token in order to remain active on the network. This nuance performs a global goal - the execution of network transactions efficiently and with minimal time costs. Plus, Lumens offers protection against flood attacks by making microtransactions too expensive for hackers with no chance of profit, which keeps Stellar Network safe from serious threats.
The target audience of Stellar is the inhabitants of developing countries, ordinary users who are provided access to the global economy through fast, simple and inexpensive transactions. Stellar Network makes extensive use of Lumens to produce live convection as well as to send cash in multiple currencies; currency is sent from one peer, and the recipient can receive the amount in another currency. This feature is beneficial when a transaction is made between currencies without widely traded pairs.
Support for multi-currency transactions is another competitive advantage of Stellar, and the ability for cross-currency transactions has only enhanced processes with foreign operations. Moreover, stable speed and low transaction costs are a privilege that users receive.
This functionality is powered by a development called Anchors (a bridge between different currencies and the network), which simplifies the exchange within the network and helps speed up the whole process.
#XLM/USDT 12h (ByBit) Ascending channel near breakdownStellar printed an evening star and looks ready to head back down towards 100MA support.
⚡️⚡️ #XLM/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (6.1X)
Amount: 5.0%
Current Price:
0.12715
Entry Targets:
1) 0.12985
Take-Profit Targets:
1) 0.11285
Stop Targets:
1) 0.13835
Published By: @Zblaba
CRYPTOCAP:XLM BYBIT:XLMUSDT.P #Stellar #P2P stellar.org
Risk/Reward= 1:2.0
Expected Profit= +79.9%
Possible Loss= -39.9%
Estimated Gaintime= 2-3 weeks
SasanSeifi 💁♂ Analyzing Price Trends and Growth PotentialHey there! In the daily time frame, as you can see, the price has been fluctuating within the range of 0.10 after breaking out of the downtrend and rebounding to the 0.11 level with some partial positive fluctuations. Currently, it's trading in the price range of 0.1240. There is a possibility of growth towards the liquidity range. Currently, the expectation we can have is that if the demand range of 0.11 is maintained, we may see further growth towards the target of 0.1350. To better understand the continuation of this trend, we need to observe how the price will react. If it can penetrate above the 0.1350 range and maintain that position, further growth in the medium term can be considered towards the supply range of the price levels 0.1550 and 0.1700. 📈🚀
🟢 Keep in mind that these are just scenarios, and it's important to conduct your own analysis and consider other factors before making any trading decisions 😊📈📉
❌ (DYOR)
⭕Of course, if you have any more inquiries or require further clarification, don't hesitate to reach out. I'm here to assist you!
🔹If you found this analysis helpful, please show your support by liking and commenting. Thank you! 🚀😊 🙌