XLM STR 12h Time to close longs?A month and a half have passed since the publication of the previous idea for XML STR Stellar Lumens
Since that time, the price of XLMUSDT clearly, according to the arrows, first fell by -20%, and then increased by +150%, check the link here, everything is for you)
In the digest "Bitcoin weekend" №11, you actively voted for the analysis of the XLMUSDT pair, and we saw it and took it into account.
Therefore, I ask: for your review, the future prospects in the XLMUSD pair, as we see.
Now, in the chart, have formed a strong resistance level of $0.525 and the price movement towards it will be considered a very positive scenario.
Only after the price is firmly fixed above this level, it will be possible to start talking about updating the highs of this year.
If in the coming days there is no growth, and the price of XLMUSD drops below $0.40 , then with a high probability we will face a fall.
The first targets from below are the $0.271-0.291 zone
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
XLMUSDTPERP
🆓Stellar Lumens/USDT Analysis (20/2) #XLM $XLMAfter losing 0.5$ zone, the new buying force came back and push it up and now this 0.5$ zone is belong to XLM and will help it to make new rally up to 0.8$ and 1$ before March.
📅NEWS
👉Feb 28 : USDC on Stellar
📈BUY
-Buy: 0.49-0.51$. SL B
📉SELL
-Sell: 0.76-0.80$. SL A
-Sell: 1-1.05$. SL A
♻️BACK-UP
-Sell: 0.49-0.51$ if B. SL A
-Buy: 0.40-0.42$ if A. SL B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
✳️Stellar Lumens/USDT Analysis (22/1) #XLM $XLMXLM will form a Symmetrical Triangle pattern to reinforce the uptrend in February if $0.24 zone holds.
I think February will be a crazy month for XLM when USDC is integrated into Stellar network
📅NEWS
👉Jan 21 : Quarterly Review
👉Feb 28 : USDC on Stellar
📈BUY
-Buy: 0.24-0.25$ if A. SL B
-Buy: 0.305-0.32$ if A. SL B
-Buy: 0.36-0.38$ if A. SL B
📉SELL
-Sell: 0.305-0.32$. SL A
-Sell: 0.36-0.38$. SL A
-Sell: 0.53-0.55$. SL A
♻️BACK-UP
-Sell: 0.24-0.25$ if B. SL A
-Buy: 0.175-0.185$ if A. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
XLM Price in AscendingTrinagleXLM price in ascending triangle you can buy here at trend line support with stop loss below the trend line
Ascending Triangle : An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle
Buy : 0.30500
Stop : 0.27
Target : 0.32 , 0.33 , 0.36 , 0.41
✳️Stellar Lumens/USDT Analysis (22/12) #XLM $XLMAfter bringing us a huge profit from the pump from 0.08$ to 0.23$, XLM has dropped quite a bit but remains in the wide sideways of 0.14-0.23$
Currently, 0.16$ zone is a good support zone when last time it helped XLM rise to nearly 0.21$, so there is still a good buying force. I think this is just a recovery and will gradually decrease to the 0.105$ zone, then increase when at the end of February 2021, USDC will live on the XLM network.
📈BUY
-Buy: 0.155-0.16$.SL B
-Buy: 0.1025-0.1075$. SL B
📉SELL
-Sell: 0.195-0.205$. SL A
♻️BACK-UP
-Sell: 0.155-0.16$ if B. SL A
-Buy: 0.195-0.205$ if A. SL B
-Sell: 0.24-0.25$ if B. SL A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
XLMUSDT Long TradeSymbol: XLMUSD XLMUSDT XLMUSDTP
Signal: Red -> Green
Context: Light Green
Trade closed manually: Closed when the above ribbons turns Yellow or Red.
XLM may have completed the retracement.
A breakout from the rage structure just happened.
I appreciate your like or comment. Welcome to share your idea here.
PM the author for a trial of "9 Seasons Rainbow Multi TimeFrames Pattern".
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.