XLMUSDTWe have a long signal on the daily indicator. These are short term goals. I expect 100% completion on the hartley. There will also be continued growth after these values
XLMUSD trade ideas
Will Stellar Crash Under $0.10?XLM price shows a descending triangle pattern in the daily chart.
Prices are close to the 200-day EMA and $0.11 demand zone.
A breakdown below $0.11 could lead to a plunge to $0.096.
Recent 17% pullback from resistance trendline.
Sideways trend indicates a lack of bullish momentum.
Market price crosses under the crucial 200-day EMA.
Possibility of a death cross if demand zone breaks down.
Currently trading at $0.112 with an intraday gain of 0.37%.
Daily RSI line is declining, approaching the oversold zone.
MACD and signal lines struggle for a bullish crossover.
Bearish histograms are ready to resurface.
Stellar Lumens price is at a critical juncture.
XLM Looking Bullish On The DailyThis is a daily chart of XLM and price appears to be making a double bottom with money flow rising from the red and divergence nearly confirmed on the daily.
Current trading plan is long entry from current price with a 1-3% stop loss invalidation area.
Target 1 will be a 1/3 retrace of the last swing for approximately 5% and the second target will be the center of the golden pocket of the swing at .124 10% higher than the current price.
Trade Well.....
Support Under AttackThe support level marked in light green is being attacked by the sellers. A level once acting as the resistance has turned into a support that may or may not hold. A close below this level on the daily chart can push us back to the support level shown in yellow, which might attract lots of small and big buyers to potential bullish Elliot waves.
See You At The Green ZoneI think the green zone is a suitable support level for the price atm. The trend line also confirms the support level and depending on how fib levels are utilized. The green zone can be considered the 0.618 support level, which I think might be a good spot to buy.
NOTE: DYOR. EVERYTHING IN THIS CHART MIGHT BE WRONG.
XLM 9/16/2023 ($0.082420)XLM will fall around $0.082420 around the end of the year 2023!
Great opportunity to whale in!
Get dry powder! Get ready to strike!
XLM 9/16/23 ($0.082420)XLM will fall around $0.082420 around the end of the year 2023!
Great opportunity to whale in!
Get dry powder! Get ready to strike!
XLM bear trying so hard to get out of that bear flaghi traders, im spotting a bear flag in play for xlm, she is trying really hard getting out of it but bulls may get tricked in this one, lets see how it plays i wil post a short position in here just for fun and educational pourposes
✴️ Stellar (XLM)Here we have two main support levels and XLM is trading above both.
The bottom hit December 2022 and a new bullish impulse started June 2023.
I believe we are yet to see Wave 5 of this bullish impulse.
How low it goes within the current correction is hard for me to tell because this can vary wildly based on many factors: overall market sentiment, Bitcoin, insiders, etc.
Regardless of where or when Wave 4 (correction) ends, additional growth is possible and highly probable with a 100% target around 0.248.
The whole chart structure is extremely bullish.
I hope you find this analysis useful.
Namaste.
IS ELLIOT WAVE THEORY REAL? STELLAR LUMENS XLMHello Traders,
Here is the monthly chart of Stellar Lumens looking at this purely from an Elliott Wave perspective. I know little about the technical details of the protocol/token etc.
From an EW perspective price looks to be inside a bullish wave 3 with the target at the 1.618 extension.
Lets see what happens.
Inverse chart for upside down worldWeekly chart for XLM Inversed using a bar pattern and matching RSI pattern. October should see movement if a similar pattern develops.
$XLM to 32¢ CRYPTOCAP:XLM Presenting a pretty Stellar Setup
CUP N' HANDLE
FLAG/PENNANT
GODD FIBONACCI CONFLUENCE
Is XLM Price Set to Plunge to $0.11 or Soar to $0.16?Current Position: XLM price stands at $0.129, with an intraday drop of 3.22%.
Dominant Pattern: Double-bottom reversal visible on the daily chart.
Key Support Confluence: 61.80% Fibonacci level at $0.10, coinciding with the 200-day exponential moving average.
Recent Performance: A notable 14% rally in the last 10 days, with XLM surpassing the $0.12 mark and nudging towards $0.13.
Warning Signal: The intraday drop hints at a possible Evening Star pattern formation, signaling potential bearishness.
RSI Overview: Positive momentum as the RSI remains above the halfway mark.
MACD Indication: The MACD and signal line approach a bullish crossover above the zero level.
Bullish Outlook: If momentum holds, XLM could target the $0.16 resistance, marking a potential 24% ascent.
Immediate Challenge: A supply zone at $0.124 stands as an immediate hurdle.
Bearish Scenario: A dip below the 38.20% Fibonacci level at $0.129 could push XLM towards the 200-day EMA support at $0.11, translating to a 15% decline.
My bottom line with XLMCOINBASE:XLMUSD
With such highly speculative markets like crypto, I don't understand what gives with investors on XLM. I don't want to get into too much tl;dr territory but this is why I've always been super long on XLM every single time it's ~0.10 or less:
Is similar to COINBASE:XRPUSD in function and has great partnerships and tech to back up a "stellar" valuation.
In the vein of being similar to XRP, XLM's market cap is 3.671B at the time of writing. XRP's is 26.513B with close to double the circulating supply of 53.083B. So just in terms of market cap, if Stellar were to be equal in value with XRP, Stellar's price could be ~$0.90 to achieve the same valuation. I don't understand the massive discrepancy IMO. Maybe it's just all clout and/or awareness of the token.
IMO crypto always seems to just go in waves, everyone wants the chart to be back at ATH and this just seems to manifest at some point. Looking at XLM's chart, we can see almost exactly the same pattern as the last two waves emerging (again).
Stellar 50% profit targetStellar trap inside sideways channel for 23 days, and it's still trying to break classic support and resistance level at 0.1334.
This Classic support and resistance become a new bullish confirmation, and if it breaks up bullish target at 0.14745 as fibonacci resistance, and maximum target at 0.17089 as previous high.
The best strategy to enter this market is wait for stellar to reach 0.112460 as sideways support and aim for previous high at 0.17892 with 52% profit.
Good luck, may profit be with you.
If you have any questions about this analysis, do not hesitate to contact me.
Stellar has insane potential in the price patternAugust seems to be calm, but at the beginning of September we are up
xlm and xrp are big competitors to each other and we will soon see a strong rise in both
I will let you know when I participate because I will probably buy a large amount of Stellar since the profit seems to be hundreds of percent
If you have any questions, I will be happy to answer them
and you may also be interested in any other coin analysis you want to see then you can leave comment
Will XLM Price Ready To Cross $0.14?XLM showcases a double-bottom bounceback from the 200-day EMA.
The recovery rally breaks past the resistance trendline, potentially averting a death cross.
XLM's breakout rally is nearing the overhead supply belt at $0.14.
Currently trading at $0.12269, XLM is at a 37% discount from its 2023-high of $0.1959.
The bullish double-bottom reversal suggests a potential surge in Stellar Lumens' market value.
The rally is positively influencing the 50-day EMA trajectory.
XLM's price trend between the 50 and 200-day EMAs indicates a strong bounce.
With a 7.67% increase in the last 48 hours, XLM surpasses the 50% Fibonacci level.
The breakout rally aims for the $0.1425 mark, challenging the supply belt.
The supply belt aligns with the 23.60% Fibonacci level.
The double bottom reversal's neckline is at $0.1425, potentially leading to a 15% price increase.
If bullish momentum continues, XLM could break the $0.1425 supply belt and aim for $0.20.
A downtrend breaking the 200-day EMA could see XLM drop to $0.094.
XLM - Reevaluating My Perspective on Market Trends Since 2017In this engaging video, I've dedicated a significant amount of time to reevaluating my perspective on market trends since 2017. I recognized the importance of taking a break from intense analysis to shed any preconceived biases in my wave counts, enabling me to approach the charts with a fresh perspective.
Today, I'm excited to share my updated perspective on the current market count after meticulously reviewing all the data once again. I'm pleased to report that the process was surprisingly smooth, allowing me to refine my ideas and insights.
But that's not all; I'm committed to continuing this journey of revisiting and processing many more ideas in the future. It's essential to stay flexible in the world of finance and adapt to changing dynamics.
Lastly, I'd like to emphasize that I'm overwhelmingly bullish on the long-term prospects. However, I firmly believe in making informed decisions and taking positions when the timing aligns with the market's movements. Join me in this video as we delve into my refreshed perspective and insights!
XLM: Distribution Back to StructureXLM has topped out well above the broadening wedge and is distributing back into the structure. A retest of trend resistance failed and it looks like more downward action will play out. Look for short term PA to hit somewhere between the 1.414 and 1.618 Fib retracement zones for either short sales or the resumption of a DCA campaign.
WAVE 3Wave 1 completed
Wave 2 completed
Wave 3 in progress
I anticipate that the target for wave 3 would be $17 which is 1.618 times wave 1. The start of wave 3 is the target of wave 2.
Fibonacci Levels Are Based On Log Scale
NOTE: WHAT YOU SEE IS WRONG AND IT IS MERE GUESS WORK BASED ON TECHNICAL INDICATORS AND PAST PRICE ACTION
Is XLM Price Bound To Continue A Negative Trajectory?XLM price moves sideways between 50 and 100-day EMA.
Resistance trendline indicates strong selling pressure.
Break below 100-day EMA could push XLM below $0.10.
XLM faces significant resistance at $0.16, with sellers controlling bullish momentum.
Downtrend exerts pressure on 100 and 200-day EMA.
Price trapped between 50% and 38.2% Fibonacci levels, consolidating between $0.119-$0.129.
Intraday fall of 2.15% sees XLM testing $0.119 support.
Breakout from current Fibonacci levels will indicate next move.
Potential double top formation suggests possible downtrend.
If price drops below 100-day EMA, 200-day EMA buyers may step in, stressing the $0.10 mark.
Bullish scenario: If XLM breaks 50-day EMA, it could target $0.142.
XLM buy opportunity soonStochastics are retreating. Weekly and monthly chart suggest pull back. You can see short term 4-hour chart is gearing for a 10c-11c test. Be mindful of any short term rallies; they’re just that - short term. I expect XLM to present a very last buy opportunity between 7-9c by end of year.
Happy trading!
XLM short-term lowsStochastics are topped out on the 4-hour chart. I expect a leg down is imminent and a test of prior lows. Should present a buy opportunity.
