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Xlmusdtechnicalanalysis

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)
KRAKEN:XLMUSDLong
by moon333
4
Stellar Lumens - XLMUSD - 135.2%-1445.5% Profit Expected...Stellar Lumens - XLMUSD - Technical Analysis - 135.2%-1445.5% Profit Expected Huge Opportunity Coming Ahead To Buy XLM ... 14x - 15x Gains Expected. Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :) In a lower time-frame (4hrs) this long position has also been confirmed. Target Profit Range - 0.08 - 0.34 (135.2%-1445.5% Profit Expected) TP - 1 - 0.08 TP - 2 - 0.14 TP - 3 - 0.19 TP - 4 - 0.24 TP - 5 - 0.29 TP - 6 - 0.34 Buying Zone! Long Position Early Entry Trigger Point - 0.028 - 0.034 Ideal Entry Trigger Point - 0.019 - 0.025 ***If you want to get in this trade from this point 0.064 you can still make 25% profit till TP1 is reached, however, there is a very high probability that price may hit 0.08-0.09 first before it continues to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly. Good Luck.! Disclaimer - This is not financial advice. This is my personal view and analysis of this chart. If you follow this idea please plan your trade according to your lot size and account equity. Don't forget to like, comment & follow , If you agree with my analysis :)
BITTREX:XLMUSDLong
by Jaffery
12
XLMUSD forming bullish Cypher | A long opportunity aheadThe priceline of XLM / US Dollar cryptocurrency is forming last leg of bullish Cypher pattern and soon it will be entered in potential reversal zone insha Allah. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. We have strong support of 100 simple moving average within PRZ area. Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone. I have used Fibonacci sequence to set the targets: Buy between: 0.060683 to 0.059328 Sell between: 0.061773 to 0.064335 Regards, Atif Akbar (moon333)
COINBASE:XLMUSDLong
by moon333
XLMUSDT has formed bullish Shark | A good long opportunityThe priceline has formed a shark pattern and entered in potential reversal zone. All the pattern is behaving exactly required for shark therefore I have ignored the difference of C leg. MACD is turned weak bearish from strong bearish soon it will be turned bullish. RSI is oversload. Stochastic has given bull cross so I am expecting the price action will hit the sell target soon insha Allah. The PRZ area can be used as stop loss point in case of a complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.05815 to 0.05715 Sell between: 0.05901 to 0.06099 Regards, Atif Akbar (moon333)
Long
by moon333
3
XLMUSD formed bullish BAT | A good long opportunityOn 4hr chart priceline of XLM / Dllar has formed a bullish BAT and entered in potential reversal zone to hit the sell targets soon insha Allah. Volume profile is showing less interest of traders within PRZ area. But MACD is strong bearish and Stochastic did not give bull cross therefore I would recommend to wait for MACD to turn weak bearish or stochastic to give bull cross then buy. I have defined targets using Fibonacci sequence: Buy between: 0.06170363 to 0.06137483 Sell between: 0.06248766 to 0.06366458 Enjoy your profits and Regards, Atif Akbar (moon333)
BITFINEX:XLMUSDLong
by moon333
2
XLMUSD has formed a bullish BAT | Upto 596% possibilityPriceline of XLM / US Dollar has formed a bullish BAT pattern and entered in potential reversal zone and ready to hit the sell targets soon insha Allah. But the volume profile is still showing the traders interest below the PRZ area even the POC of volume profile is also below the potential reversal zone, therefore I would suggest for secure trade we can wait for stochastic to give bull cross and for the MACD to turn weak bearish from strong bearish atleast upto 2 week chart and also use the potential reversal zone as stop loss (In case the candle stick will be completely closed below the potential reversal zone). I have used Fibonacci sequence to set the targets: Buy between: 0.110241 to 0.059381 Sell between: 0.231517 to 0.413568 Enjoy your profits and Regards, Atif Akbar (moon333)
KRAKEN:XLMUSDLong
by moon333
1
XLMUSD has formed bullish CRAB pattern |and entered in PRZ areaOn 4 days chart priceline of Stellar / US Dollar cryptocurrency has formed a bullish CRAB pattern and entered in potential reversal zone. RSI is oversold. MACD is turned weak bearish from strong bearish. Volume profile of complete pattern is showing less interest cryptocurrency trading at this area. I have defined targets using Fibonacci sequence: Buy between: 0.06878953 to 0.04329465 Sell between: 0.08854757 to 0.13640667 Enjoy your profits and regards, Atif Akbar (moon333)
BITFINEX:XLMUSDLong
by moon333
4
XLMBTC Following symmetrical triangle pattern.In Daily Chart XLMBTC Following symmetrical triangle pattern RSI is Making divergence. Stochastic also following RSI. Macd Has Already made a Cross. You can Buy Now Or wait for Confirmation That will be After Break out, You can put Target As per the Height of symmetrical triangle pattern. Note: This is only for Educational Purpose this is not an Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan
Long
by Make_Money_Guru_Bitcoin
5
XLMUSD - 1D Chart AnalysisAfter the Bullish trend which started on the 2nd of November, it seems that we have a crossroads again, as long as we are about to register the 3rd consecutive day of decreasing and the price is now "testing" the 20 days Moving Average which has the same value as the Support Level 1 of 0.2435$ For the ones who will consider a higher level of risk, the basic reading of the RSI and the Stochastic (which are returning from their "overbought' positions") together with the trading volumes which are decreasing, can be enough for opening a Sell position looking for jumping the gun. At this stage the risk comes from the possible "bounce back" of the price from the support level of 0.2435$ and it's "survival" between the 20 days Moving Average and the upper standard deviation of the Bollinger Bands, scenario in which the Sell position mentioned before will represent a loss. But for the ones who prefer to wait for the downtrend to be confirmed, they can open the "Sell" position once (if) the price will go through the support level and also if the MACD's crossover will indicate the same direction. For now, it seems we have only 2 possible scenarios : * If the price will continue the decrease, we can consider 0.2230$ as a possible next "Stop". * If the price will not break the support level, there are big chances to assist to the bullish trend continuation, situation in which we can consider 0.2770 as a target price in the following future.
KRAKEN:XLMUSD
by ReadBTC
1