RSI & TargetsHello Traders
Perfect Entry zone. Good for long Target 0.485 - 0.5
RSI is at its lowest.
All the best.
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XLMBULLUSD trade ideas
XLM UPDATE !! OUR PLAN IS THE .50 FIB !! LET'S DO IT !!!What up Traders, Investors and the moonboy Louie's who don't have a cluey! Here is an update on XLM. If you followed my last analysis, I recommended a short down to $.339 which is exactly what I did and it paid off. I made some nice profits and I hope you did too if that was the decision you made. From there, I recommended a buy in the opposite direction when we completed wave 4. I opened up a long a little premature and closed it early since we went $.01 lower than I thought. No big deal, as I reopened an 84,000 Xlm long position once I was confident that the .50 fib held. I'm still long and our first target is the $.425 which is the .382 fibonacci level from our swing high of $.80 to our swing low of $.20. So far my trading plan is going as expected and I expect us to take wave 5 up to the .50 fib which is a perfect measured move of the cup and handle that we are going to break in my opinion. Not only that, using fibonacci extensions and measuring the length of wave 1, it brings us to that target! That's enough confirmation for me. Elliot wave gives us the ability to for see future targets and kind of predict retracements. Since we had such a shallow wave 2, and mean soooo shallow it tells an Elliot Trader that we will have a wave 4 to at least the .50 fib which is why I shorted at $38.5. We also broke a rising wedge and all the pieces came together. Now, I can't see the future and be right all the time, but I am very confident in this trading plan! I'm not your financial advisor nor your crutch in trading. You should all learn technical analysis basics if you want to have any success in trading. I recommend learning the tradingview indicators and learn basic patterns and if you choose to learn Elliot Wave Theory, that would definitely benefit you. If you like my content, please feel free to follow me and drop a comment or like although it's not necessary. I do this analysis because I enjoy helping people. If I'm wrong, than I would suggest that you learn yourselves. Let's make this money$$ and crush this market!! Once we hit the .50 fib, there will be a huge juicy short opportunity that I will share with you all. Good luck guys and happy trading!!
XLM Long - Consolidating before push to higher levels SUMMARY: Long, XLM is maintaining it current up uptrend. Break the $0.43 then $0.50.
If price action breaks the 0.618 golden ratio, anticipate a quick climb to the local high ($0.79)
XLM a pennant spotted ?XLM pending for a breakout above 0.40..
Current Support at 0.35..
after 0.40 , next resistance 0.45 , 0.50
Triangle patternWell, I think we have a correction like the triangle pattern ahead , and there is a possibility breaking down
I have marked the points of support and resistance on the chart
XLM Areas Of OpportunitiesAs long as XLM holds current area or the area marked below and keep establishing support, price should continue its uptrend. As of right now price is rejecting current area of previous resistance now support so an opportunity could be presented soon. However it is important to look at what the bigger cryptos are doing such as Bitcoin, which could affect the move of XLM.
XLM/USDT - mid term investment idea - 140%+Hello, traders!
XLM price has returned to the values of late May/June of this year. The MA100 on the daily timeframe acts as support.
Cluster and Volume analysis show growing interest in the asset from the buyers
It is possible to seek purchases in the medium and long term in case of a correction in the following ranges:
The first part of the position: $0.314 - $0.363
Second part of position: $0.241 - $0.287.
Stop-loss in case of fixing under the $0.210 price level.
It is possible to fix profit in parts in the following ranges
$0,437 - $0,470
$0,655 - $0,690
$0,740 - $0,780
The ratio of risk to profit above 4.00 👌
P.S This is an educational analysis that shall not be considered a financial advice
XLM could move like thisIf price breaks above the current symmetrical triangle XLM could move like this. What do you think?
Not financial advice.
Xlm bullish cup and handleThis is for educational purposes, I found this pattern. Great cup and handle 4 hr chart
New ATH coming
Dear traders:
It is the result of my efforts to offer a useful (I hope) presentation.
Bullish Flag Pattern.
Pump coming.
What Is Stellar (XLM)?
Jed McCaleb founded Stellar with the lawyer Joyce Kim after leaving Ripple in 2013.
Stellar is unique because every transaction costs just 0.00001 XLM.
XLM STELLAR LUMENS - Re-evaluation Of The Waves = New TargetYes you read that right, there is a new target.
Now, if you do not have much confidence in AriasWave yet then I suggest selling at the highs.
However if you understand the explanation provided in this video, your are most likely a member that has done their homework.
Below I will link the in-depth analysis on the US Dollar so you can visualize the details of what is coming next.
I will also link other previous related ideas below.
You will see how the analysis evolves in a timely manner in an attempt to perfect the count using the AriasWave methodology.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
Crypto Stellar XLMUSDT (CBDC Play is here?)View on Crypto XLMUSDT (13 Aug 2021)
XLM is back with the BANG and it does have more reason to climb IMO.
XLM has better connections with government bodies and they may be rolling CBDC coins soon.
Now, $0.275 has proven to be strong support and sooner or later, it shall touch $0.40 region soon.
Let's see.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading,
and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
XLM STELLAR CUP AND HANDLE ..IdeaXLM STELLAR CUP AND HANDLE ..Idea
Stellar crecerá rapidamente con este movimiento
XLMUSD - 1W - Stellar in a huge channelHi guys,
Short review of Stellar (XLM) with a weelky TF.
We can notice Stellar is still evolving in his big ascending channel (blue).
We had several points of contact both at the top and at the bottom of the channel.
I'll be watching this one.
If BTC remains "calm" we can expect a further growth inside the channel.
First stop will be the former "double top" at 0.71$
After, i'll be watching for the top of the channel (red area ... depending on the time to achieve it)
Those are two zones of TP but if we broke the previous top, we could also see a kind of massive cup and handle that could send price to the moon.
Finally, RSI made a lower low while price made a higher low.
Like if you share this pov
NFA
Stellar Support at 0.33, Short Term Target of 0.4 Trend Analysis
The main view of this trade idea is on the 15-Min Chart. The Cryptocurrency Stellar (XLM) just recently broke the short term downtrend after holding support around the 0.33 price level. Expectations are for a change in trend from lower to higher, with a target of 0.40. A negation of this view will be determined if XLM were to break below 0.33.
Technical Indicators
XLM recently broke above its short (25-MA), medium (75-MA) and long (200-MA) fractal moving averages. Also the RSI is above the 50 level and has not hit overbought conditions. The KST is in a positive mode. Moreover, over multiple timeframes XLM is displaying buy signals at the time of publishing.
Recommendation
The recommendation will be to go long at market. Stop loss will be set around the 0.33 price level and a target of 0.4. This produces a risk-reward ratio of 2.12.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time publishing, I have a position in Stellar.
XLM - Trend Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
XLM is overall bullish and it is now approaching our blue trendline so we will be looking for buy setups.
on M30: XLM formed a valid channel in red but it is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again.
Trigger => Waiting for a momentum candle close above the last swing high in gray to buy.
Meanwhile, until the buy is activated , XLM would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
