XLMBTC trade ideas
XLMBTC is testing Monthly resistance 🦐$XLM.X if the price will have a breakout from monthly and retest as new support the daily resistance, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
$XLM BTC new price rally ahead?XLM, in my opinion, belongs to the top 3 cryptos.
It is decentralised, robust and has a high speed. Recently chosen by the Ukrainian government also after 3-year evaluation as a platform to build their national currency. So I'm strongly bullish for Stellar $XLM, and my analysis might be biased while I try to keep this neutral.
Why is XLM bullish?
1. H8 XLM break into a bullish zone which according to Ichimoku_Cloud indicator (Enhanced for Crypto due to 24/7 activity) read more of this tool by a recent post from @entertheroach The-Ichimoku-Cloud-Ichimoku-Kinko-Hyo-WTF-is-it/
2. H4 and all smaller timeline charts complete a new flag in the chart indicating new burst.
3. Ichimoku_Cloud indicator in H4 is showing strong support just below H4 flag, indicating a new bullish breakout
4. In H4 EMA20 and MA50 recently crossed well over MA200 indicating the bullish cycle
5. EMA20 and MA50 has not crossed in H4 indicating the flag will burst into a new price rally.
Apart from chart analysis with recent positive news on $XLM, bitcoin price rally and above-mentioned indicators, there is a high likelihood to see a big price rally for $XLM similar to 10 days back. It increased 152% in the last rally from the bottom. Thus, the target now is another 150% from the last bottom, 121% from the current price level, which is ambitious, while well deserved for $XLM in my opinion.
Stellar XLMUSD bullishlike the look of it. few swing trade ideas if we break some of these resistances. very nice if we get over 1.15 usd
not financial advice
XLMBTC 7/77 MA Crossover!7day crossing up through 77day (white/blue) so you know what that means?
950🎯
XLMBTC 7/77 Crossover7Day crossing up through 77day (white/blue) so you know what that means?
950target 🎯
Update XLM (Stellar Lumens) BTC - Zoom in 15m - Looks goodZoom in 15 minutes.
A bullish looking setup with the ma50 now acting as strong support. Ma20 is probably going to stay above the ma50 and imho all systems are go to attack that so important 0.000012 level again. MOON is above that, but let's take it step by step from here. I rather don't see price trade below the ma50 very short term (except for a spike candle which is reverted asap), that's a serious warning sign I have it wrong. That this idea wasn't a good idea at all...
Note that -- as on so many occasions - the confluence between (relatively) 'flat' Bollinger Bands and the Ma50 gives great entries. If you are in from there, you are safe whatever may happen. You don't let that turn into a (big) loser, stops near entry. Trading from the sofa. It works on all timeframes, and the 15 minutes makes no exception. The latter is therefore really suited for daytrades or trades with a 2-3 days scope, or as a zoomed in entry within the scope a larger idea/longer term trade.
There is something more to it to explain though, it's not all that simple sadly, and I will try to work that out in a more elaborate idea later.
Safe trading and meet you in the comment section if XLM is a crypto you (want to) trade or HODL!
💡Don't miss the great buy opportunity in XLMBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0000057).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Stellar/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
Take Profits:
TP1= @ 0.0000113
TP2= @ 0.0000136
TP3= @ 0.0000167
TP4= @ 0.0000198
TP5= @ 0.0000293
SL= Break below S2
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💡Don't miss the great buy opportunity in XLMBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0000057).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Stellar/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
Take Profits:
TP1= @ 0.0000113
TP2= @ 0.0000136
TP3= @ 0.0000167
TP4= @ 0.0000198
TP5= @ 0.0000293
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
XLM huge volatility but good upside targetsXLM in the last few weks has had massive dumps and rallies vs BTC,
regardless we have yet to see a higher high and looks like some sort of megaphone at the bottom or maybe a fakeout (more likely)
If it breaks above to a higher high, will look to enter longs and take profits at the market resistance points.
Needs a convincing break higher, perhaps this is just waiting for a general alt seasons to kick off
XLM Losing Steam?XLM/BTC appears to be losing momentum.
It has been rejected twice with relatively high volume.
A break below this support line as well as the 0.236 would mean it would need some time to regain steam if it's going to retest the high again.
With BTC looking favorable, these pumped alts will be getting sold off for BTC and are more likely to stop pumping.
The short setup is to open a short when it crosses below the 0.236 fib, or even now.
Then take some profits at the 0.382 and go from there.
💡 Don't miss the great buy opportunity in Stellar/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0000057). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Stellar/Bitcoin XLMBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 0.00001170
TP2= @ 0.00001360
TP3= @ 0.00001670
TP4= @ 0.00001980
TP5= @ 0.00002930
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡 Don't miss the great buy opportunity in Stellar/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0000057). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Stellar/Bitcoin XLMBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 0.00001170
TP2= @ 0.00001360
TP3= @ 0.00001670
TP4= @ 0.00001980
TP5= @ 0.00002930
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
XLM BTC 4h ZOOM outChart speaks for itself. Harmony in play big time. MOON in play. Above 0.000012 we don't need rocket fuel anymore, we are free flowing.
Stellar (XLM) Going Strong, Targets & More (Click here...✅)Just like it happened in late November, Stellar (XLMBTC) is now moving very strong.
Today its prices move simultaneously above EMA300, EMA200, EMA100, EMA50, EMA21, and MA200... These levels tend to work as strong resistance.
And just like we saw back in November, above them we can see even stronger growth.
The chart here is very simple:
1) If prices stay/close above this level, we can expect more up (straight up).
2) But if instead, we see a retrace, we will have consolidation before going up again.
Right now it looks like straight-up is the case.
The potential targets are marked on the chart.
Namaste.
Update breakout XLM (Stellar Lumens) BTC 4h chartMy first idea posted on January, 1 was about the possibility of an upwards move of XLM versus BTC.
As you can see, that upwards move has materialized, after a tiny final wave down towards the same support has occurred.
We subsequently broke out of the wedge like pattern and accelerated towards the first resistance zone. Where we are now, you see on the chart multiple indications of possible resistance.
I would personally let winning positions run, (unless the setup of your trade of course was that one of a short term trade, with the target reached). Adding new positions at this spot, that's another story. I expect things to work out bullish, with more upwards action to come (after some consolidation, retrace?), but I should need to see more reference points before acting upon that. Feel free to ask info or just interact in the comment section.
