Get started

Xlmusdtechnicalanalysis

XLM-4h. Are buyers preparing for test $0.5?The situation on the XLM market looks quite harmonious. If EOS has lost its signs of life after yesterday, then XLM buyers are holding the price of the coin quite firmly. In fact, from January 7, the correction of the previous wave of growth in the XLM market continues. The price moves in the white channel at reduced volumes. Even yesterday's fall of the XLM cannot be called a collapse, as every 4 hour candle was closed with a pin down. The frantic demand for the coin was confirmed today, when buyers were able to fully absorb the previous wave of decline. The test of BTC sellers of the critical range $33600-34400 did not affect the XLM market in any way. Buyers are preparing to punch the correction channel falling up. The final signal for the purchase will be a breakthrough and fixing the price above the range of $0.3-0.32. In this case, the next target of buyers is in the $0.5 mark. An alternative test scenario of the $ 0.23-0.24 range is possible during a new wave of BTC falls with a target of $ 26,200. However, even in this scenario, XLM looks attractive for growth. ____________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
6
XLM - 4h. Now is a good time to test $0.19.From November 26 in the XLM market continues to correct the strong growth. Sellers have formed a clear channel of price movement. An attempt to break the lower trend line on December 24 ended with a big hairpin down at increased volumes. In fact, since December 25, the price of XML has been falling sluggishly, looking for a strong foothold for a new local growth trend. Continuing its decline, it is likely that at $0.12 t here will be strong buyers who will be able to turn the price. The first target is $0.146. Global - $0.19. In the previous idea , we assumed that XML could replace XRP and entice investors. Looking at the prospects of XRP - this is a very real scenario: An alternative scenario is the test of $0.1. However, this requires a completely different mood in the market. ______________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
Long
by P_S_trade
10
XLM/USDT : EMA 100 is controlling movement BINANCE:XLMUSDT Hello everyone 😃 XLM has been supported by EMA 100 on 1H TF, But Indicators are slightly being Bearish. As XLM is Above This EMA100 It's Extremely Bullish, Below it, It will retest 0.124$ support line. For Now 0.152$ is main target. Below 0.124$ will makes XLM Bearish till 0.95$ Trendline support ! 🔴 As BTC is growing, ALTS will recover from losses. BUT IF BTC fail to break incoming Resistance zone ( 32400$ - 32750$ ), ALTs will crash hardly. 📍 There is a chance for Another incoming Wick, Watch for it. Attention : this is not a financial advise we just try to help people on their own vision. HAVE A GOOD DAY - Helical_Trades
by Helical_Trades
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.
KRAKEN:XLMUSDLong
by NewWave_Traders
2
XLM / BTC double topXLM / BTC 🌟 TECHINCAL ANALYSIS🌟 hi guys Xlm did great pumps last 2 days We bought it in my channel and my subscribers make more than 70% profit 🔥🔥 Now looking at price action and chart specially in lower time frames There is potential double top And price most likely can drop from here even in Short term Short is still has some risk because fomo can make it breaks that horizontal resistance But take this in consideration and sell some if you bought in bottom with us Good luck and happy trading 🌹
Short
by Babenski
XLMUSDT - good sell zonepreconditions: - cross the level. - impulse return to the level. - increased ATR You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Short
by Yuriy_Bishko
10
XLM/USDT - Beautiful trend line.Beautiful trend line. Open a deal after a breakdown of trend support. General trend is descending. It is logical to trade in the direction of the trend. Dear followers, the best "Thank you" will be your likes and comments! These ideas are not a channel with signals and I do not give recommendations on the entry/exit points. In my reviews, I provide analytics - those data that help model potential options/scenarios for price movements Thanks for your support!
Short
by Yuriy_Bishko
3
Is This Drop A Bear Trap Or Correction For New Rally ???Hey friend, hope you are well and welcome to the new update on Stellar coin. The price action of XLM is moving within an up channel since after the mid of March 2020 and I am following this channel since then. The priceline of Stellar has broken down the support of this channel two times. At this time it can be clearly seen that the price action is out of the channel and has broken down the support before this the priceline of XLM broke down this support in the month of June 2020 but re-entered in channel very soon. I've also placed that directional movement indicator. And it can be observed that the -DI has crossed up the +DI that is the bearish signal. But the ADX of directional movement indicator is down its mean that bears are taking control but they are still weak. The 100 SMA can be used as support: Now if we watch the movement of the price action with the combination of this channel and the simple moving averages then it can be noticed that previously in the month of June 2020 when the priceline broke down the support of this channel we had the recent support of 100 simple moving average below the price action. The priceline of Stellar used 100 simple moving average as support and re-entered in the channel again. At this time after breaking down the support we have again the 100 simple moving average as recent support below the priceline, therefore we can expect that the price action will be moved at least up to 100 simple moving average that is at $0.085 at the time of writing. This re-test can lead to a powerful rally to upside or downside: Now if we switched to the long-term weeky chart and place the 25, 50 and 100 simple moving averages. Then we can notice that from April to May 2020 the price action broke out the 25 and 50 simple moving averages and in June 2020 the priceline of XLM re-tested the previous simple moving averages with the time period of 25 and 50 as support and started the next rally to the upside. Now the price action has broken out the 100 simple moving average and this time it is retesting the 100 simple moving average as a support like it has done before. Therefore this movement of Stellar is very important. Because if this retesting will be successful then XLM can start the next bullish rally to the upside. But if the price action will be failed to retest the 100 simple moving average as support then we can observe a further down side rally up to the 25 and 50 simple moving averages. These moving averages are almost at $0.06 at the time of writing. Different support and resistance levels: Now if we watch the different support and resistance levels on the daily chart. Then it can be clearly seen that the priceline of Stellar has been rejected by the $0.11 resistance. After the rejection the priceline broke down the 10 cents resistance level as will this time it was working as a support. At the moment the price action is at the support of $0.09. Now there are two possibilities one is the priceline may start the formation a new parallel channel between the $0.09 to $0.10. Second If the $0.09 support won’t be retained then the price action of XLM can further move to the downside at the support of $0.065. This Big Harmonic Move Can Lead The Stellar To Achieve Highest Price Ever: At the end, I would like to recall a very big BAT pattern that has been formed on the monthly chart by the priceline of Stellar. This is a kind of repetitive move as the price action of XLM formed BAT previously in the year of 2017 on the weekly chart and produced more than 4000% bullish rally. Same as like that move the price action has again formed another bullish BAT. At this time the pattern is bigger than the previous one. Therefore we can expect more powerful bullish rally on the long-term. But realistically as per Fibonacci sequence of bullish BAT the targets can be as below: Potential reversal or buying zone: 0.110 to 0.059 Fibonacci projection or sell zone: 0.23 to 0.41 Conclusion: As the price action is retouching the 100 simple moving average on the long-term. It can be e a very positive gesture but on the other side it can be a very critical as well. Because if the price action will successfully retest the 100 SMA then definitely there will be a powerful bullish rally, but if the 100 simple moving average will be broken down then a powerful bearish to the downside can be started. Therefore it is very important to keep an eye on the movement of the price action above this moving average.
KRAKEN:XLMUSD
by moon333
1
XLMUSD turned bullish from potential reversal zoneHi friends hope you are well and welcome to the new update on XLM. In my previous article I told you that the Stellar is going to start the formation of the right shoulder at this time the price action is moved up and started the formation of expected right shoulder. Now let's have a look that whether this shoulder will be completed or the price action will move upward and this pattern will be invalidated. Head and Shoulder formation: If we take a closer look at the daily chart then while forming right shoulder the price action moved up than the level of the left shoulder. However, at this time the price action is below the head level. Therefore unless this head level will be not broken out the Head and Shoulder pattern will be validated The SMAs: Now if we watch the different simple moving averages on the daily chart with the time period of 25 50 100 and 200. Then the priceline previously broke down the 25 and 50 simple moving averages. On 27th of June 2020 at the same time the price action tested the 100 and 200 simple moving averages as support and moved up again. At this time the 25 simple moving average has been broken out and the price action is likely to breakout the 50 simple moving average. Bullish BAT pattern: In my previous article we have seen that the price action was forming a bullish BAT pattern. Finally priceline of XLM entered in potential reversal zone of this pattern and moved little bit down but again turned bullish and surged more than 50%. But if we watch at the Karaken exchange then the price action formed a bullish Crab. As the leg was extended between 1.27 up to 1.618 Fibonacci retracement level. A strong support of an up trendline: On the same daily chart the price action has found a strong support of an uptrend line. Whenever the price action is moving on this trendline it is taking bounce very well. On the chart we can see that since 27 June the price action was moving sideways on this line and finally on 6th of July the price action of Stellar again turned bullish. Conclusion: As the price action of Stellar is breaking out all the moving averages again on the daily chart and also took bullish divergence from the potential reversal zone of harmonic patterns. It is also bounced from the uptrend line as well. Therefore we can expect that Stellar is turning bullish however the Head and Shoulder formation is still there unless the price action will not break out the price level of head of this pattern.
KRAKEN:XLMUSD
by moon333
1