XLMUSDT trade ideas
XLM - Be Patient With the Correction
The correction on the daily chart has played out in line with my primary wave count.
Even though I believe we are on the final stages of this correction, the lack of RSI divergence and sideways price action still points to another leg down before any significant upside.
XLM/USDT Potential Bullish MovementHey traders👋
XLM coin is another one we will be talking about today where we see a further bullish movement to continue here! We are that price has been on a nice small bullish trend here where price is pushing and pushing slowly to reach that upper resistance zone. We want to see price to reach that resistance zone before we will look for a potential short position!
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XLM UpdateIt is expecting to do a retest at these levels in small time frames and it is holding its price levels.
The yellow area will be the main support for the price for now and there is a minor trend that must be considered until it builds up
Expect high volatility during these days with the upcoming news from the US FED this week
XLM is Bullish if ...Bullish if it stays above the white line.. if not and closes below it for 1d, then wait for it in the demand area and look for long
Keep in mind it has to stay above the vol bottom in order to keep the momentum up!
It has multiple bullish indicators and patterns.
All the best insha Allah!
XLM: Pullback in UptrendStellar (XLM) technical analysis:
Trade setup : Following a breakout from a Falling Wedge pattern, price spiked up to $0.19 where it got very overbought (RSI > 75) and traders took profits (selling pressure). Now it’s pulled back to support of $0.12, which could be a swing entry level. Fibonacci retracement levels are $0.12 (78.6%) and $0.13 (61.80%).
Trend : Neutral on Medium-Term basis and Uptrend on Short- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.12, then $0.10. The nearest Resistance Zone is $0.13, then $0.19.
XLM/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Stellar (XLM) rose to a three-day high today, as bulls continued to target a key price ceiling.
XLM/USD hit a high of 0.1271 earlier in the day, less than 24 hours after trading at 0.122.
The move comes as the 10-day (red) moving average approaches an upward crossover with its 25-day (blue) counterpart.
This is the closest that stellar traders have come to taking the price over a resistance zone of 0.1300 since Tuesday.
Today’s surge came as the 14-day RSI broke free of a ceiling at 49.00, moving to a current level of 51.08.
earlier gains have marginally eased, with XLM now trading at $0.1253.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
XLM/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Stellar (XLM) also hovered in the green, as the price remained near a resistance level of 0.1300.
XLM/USD rose to a peak of 0.1243 earlier in the day, which comes following a low of 0.1178 the day prior.
The move comes as the 10-day (red) moving average approaches an upward crossover with its 25-day (blue) counterpart.
the RSI is on the cusp of breaking out of a key resistance level of 50.00, which has been held for close to a month.
Bulls will potentially aim to penetrate this point in the coming days, taking the price near a ceiling of $0.1400.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
XLM/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- XLM was one of the biggest movers, as the cryptocurrency rose by as much as 7% in today’s session.
After trading at a low of 0.1147 on Sunday, XLM/USD moved to an intraday peak of 0.126 earlier in the day.
This surge sees a stellar climb higher for a second consecutive day, following a rebound from a floor of 0.110.
Earlier gains have already begun to ease, which comes due to the relative strength index (RSI) colliding with a ceiling of 49.00.
the index is now tracking at 49.48, with the next point of resistance around 54.00.
Overall, bulls seem to have set their sights on the 0.135 level.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
🚨 Trade Update: XLM/USDT (3-5x)🚨 Trade Update: XLM/USDT (3-5x)
📈 Long Entry: 0.1130 - 0.1218
OTE (Optimal Trade Entry): 0.1180
SL: 0.1100
B/E Move: When it moves close to TP2
TPs:
Short Term: 0.1230 - 0.1250 - 0.1270 - 0.1300 - 0.1350 - 0.1400
Mid Term: 0.1450 - 0.1500 - 0.1550 - 0.1600 - 0.1700 - 0.1800
**Disclaimer: Past profits do not guarantee future results.
Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis.
EDK FORUM TRADING®