XLM ! Swing trade.XLM is looking great with Support on MA. Once we see this breakout we can see reaching previous Resistance. We need more Squeezing.
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XLMBULLUSD trade ideas
XLMUSDT Making Higher Highs doing an Ascending Tringale Pattern XLMUSDT is making a bullish pattern, and On weekly it's close to the 20 ema, It might take off, Although it's showing a bullish pattern which is the ascending triangle, Always put your stop loss accordingly and After you're in profit, Move your stop loss to breakeven and Risk free profit.
XLM Forecast Daily TimeframeHey guys today i lets take a look at Stellar Lumen, in the month of May 2021 XLM broke its ATH of the 2017 bullrun of $0.50 and set a new ATH of $0.79, and since then it has retraced setting a new LH of $0.20.
When look carefully you can see that there is that BB(similar ti inverse H&S) again, a break in our $0.40 resistance will confirm our BB and we will be looking at new ATHs.
Do you think it will happen ?
L.M
Sell XRP - buy XLM !!You will wonder !! How can he say 'sell XRP' when he has been holding XRP for years (and topping up his holdings constantly) ?
Now that SEC case is approaching resolution !!
Last time I bought XLM (selling XRP) was October 2019 - I bought 4 XLM for every XRP that I sold !!
Then I sold XLM (buying XRP) just when the SEC case began at Christas 2020 - WHEN 1 XLM BOUGHT ME 1.5 XRP !!! THAT WAS A DEAL !!
Now that XLM XRP pair was approaching the green box I intendet to sell 12.5% of my XRP to buy more XLM (mild trade).
I made a mistake and the move became aggressive !! I tradet 25% of my XRP for more XLM !!
I was almost regretting my move when I found some very interesting details:
LOOK AT THE GREAT PICTURE !!
XLM XRP is forming a BIG inverse Head & Shoulders pattern !!
We are now at a low point in the ratio forming the right shoulder !!
This low point corresponds at the apex of a bullish descending wedge (yellow formation)....
... of which the ratio just broke out and backtested this morging !!
Backtest was successful because after the short XRP rally, XLM is againg taking the lead !!
I GENUINELY THING WE ARE IN FOR AN XLM SURPRISE !! (But keep cool - still my portfolio is 45% XRP)
But now my XLM holding has been augmented from 8 to 25% !!! Whish me good luck !!
XLMUSD - Price Action Has Been Consolidating For A Move HigherWe are still waiting for another move higher for XLM.
Some clues has surfaced regarding what we could possibly be looking at here.
It seems a little strange that we have been consolidating for this long only to have a small pop to the upside.
In this video I explain why this is the case.
In this type of move it is not exactly easy to produce a target however tracking the waves will suffice.
In a nutshell there appears to be more Wave 1-2 subdivisions in this current move than in any of the previous 5-Wave moves.
In my opinion this provides a valuable clue.
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.
ascending wedge on 1H timeframe for XLMUSD chartHi Everyone! Short term trade detected. Despite on global bullish picture on senior timeframe for xlmusd , i think price can test dynamic descending trendline which was broken out couple weeks ago (yellow on the chart) or global ascending trendline (red) if bears will be more aggressive. We see on 1H timeframe ascending wedge pattern which signals about local bearish sentiment. But it can be also another bear trap and a lot depends on the movement of the bitcoin price, so don't forget about risk management.
For longterm i'm very bullish about xlm .
Entry: after breaking out support line. TP 1: 0,3150. TP 2: 0,2970.