XLMDisclaimer
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XLMUSDT trade ideas
XLM S&R>>>>>>>>>>>>>I Have Tried My Best to Bring the best Possible outcome in this Chart.
XLM moving in the short term uptrend and have a good chance to more rising price and support form each marked area's support.
All supply and resistance's marked on the chart you can scroll your mouse on the chart picture.
It's Not a financial advise.
PLZ DYOR
With hopping success>>>>>>
Rounding Bottom Signal Potential UpsideTitle: XLMUSDT Trade Setup: Rounding Bottom Pattern Signals Potential Upside Move
Introduction:
In this article, we will analyze the current trading pattern of XLMUSDT on the daily time frame. XLMUSDT is currently trading in a rounding bottom pattern, with the price undergoing consolidation from June 3rd to June 26th. As the price nears the trendline resistance, there is a possibility of further upside momentum. A measured move can be derived based on the pattern range, providing a potential trade setup. This article suggests a buy entry at $0.0888, with a target set at $0.1125 and a stop loss at $0.0852. Let's dive into the details of this trade setup.
Technical Analysis:
XLMUSDT is currently trading in a rounding bottom pattern on the daily time frame. The consolidation phase from June 3rd to June 26th indicates a period of indecision and accumulation. With the price approaching the trendline resistance, there is potential for further upside move.
Trade Setup:
Buy Entry: Based on the rounding bottom pattern and the potential upside momentum, a buy entry can be considered at $0.0888. This entry point aligns with the expectation of a bullish move following the consolidation.
Target: Our target for this trade setup is set at $0.1125, representing a significant upside potential from the entry level. This target is derived based on the measured move of the pattern range, indicating the anticipated price movement.
Stop Loss: To manage risk effectively, it is recommended to set a stop loss at $0.0852. Placing the stop loss below the entry level can help protect against potential downside risks.
Timeframe and Confirmation:
Given that our analysis is based on the daily time frame, it is important to monitor the price action for confirmation of the anticipated upside move. Traders should watch for a decisive breakout above the trendline resistance, accompanied by increased buying volume and sustained bullish price action. Once the breakout is confirmed, we expect the price to move towards the target of $0.1125. The timeframe for this trade setup may vary, but it is anticipated to unfold within a few days or weeks, considering the historical price patterns and the potential momentum from the breakout.
Conclusion:
XLMUSDT is currently trading in a rounding bottom pattern on the daily time frame, suggesting the potential for an upside move. The consolidation phase from June 3rd to June 26th indicates a period of accumulation. Based on this pattern and the measured move, a trade setup suggests a buy entry at $0.0888, with a target set at $0.1125 and a stop loss at $0.0852. Traders should exercise caution, closely monitor the price action for confirmation of the breakout, and adapt their trading strategies accordingly.
XLMUSDTHello Crypto Lovers, This is a 1D frame analysis for XLMUSDT After hitting the second support line, the price had a slight dip but the buying pressure pushed the price back up above the support line. Since then, the price has been able to gain 38% progress. Currently, the price is facing the first resistance line and there is a possibility of a correction if it fails to break above it today. However, if it is able to break above the first resistance line, we expect it to progress towards the second resistance line. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
🔥 XLM Best Multi Year Trade With Massive Reward!This trade is based on the idea that the bear market bottom is in for XLM and that it gradually increase in value until the next bull market top.
As seen on the chart, we can draw a bullish channel on XLM's price chart. The top of the channel is the target, the stop is just below the channel's support.
This trade has a massive risk-reward ratio because it's a long-term trade, think multiple years. If you have the patience, this trade could be something for you!
XLMUSDT Trading RangesThe blue boxes show signs of previous strength in those price ranges. We see weakness in the trading range highlight in the yellow box. The upper blue box shows stronger historical price action. This upper blue box could act as initial resistance. Currently we are seeing strength in the current accumulation phase and seem to be sticking to a solid price range that could act as future support. The 2 green arrows indicate possible resistance points should we break out of the current range.
XLM: Bullish strengthHello Traders!
Welcome back to another trade with analyst Aadil1000x.
Today we are going to Buy XLM as the bullish target is not yet complete and there is a rising wedge which is a nice bullish pattern.
XLM Buy Limit @ 0.08964
Stoploss 0.08642(-3.53%)
Target 1, 0.0937(+4.5%)
Final Target 0.09788(+9.22%)
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XLMUSDT BAT Completion Short SetupOKX:XLMUSDT.P
As stated on the graph,
First we will try to open a short position with a bearish price action signal that may be occured in lower time frame like 15m.
Then break-retest level we will try to reverse the position.
May the force be with you.
Good Luck Everyone!
XLMUSDT (Stellar) time to buy long-termOn the daily chart, XLMUSDT still sits on the 61.8% Fibonacci retracement support. We can clearly see higher highs and higher lows pattern, indicating the validity of a long-term uptrend.
The price for buyers is looking attractive, especially after the most recent price drop.
XLM Pivot's in short term>>>>>>>>>Hello EveryOne
I Have Tried My Best to Bring the best Possible outcome in this Chart.
Everything is cleared on the chart.
For having chance to start short upside trend must save 0.90 area's as a support to 0.95--0.98--1.0 usdt TP.
PLZ set SL.
It's just an analyze,
Not a financial advise.
PLZ DYOR
With hopping success>>
XLMUSDT.1DHello dear friends,
*Mars Signals Team wishes you high profits*
This is a daily time frame analysis for XLMUSDT.1D
We are in the daily time frame. As you can see, the price is fluctuating on our first resistance line and we have 2 scenarios in mind. If the price can penetrate and stabilize above the line, we expect to rise to the second resistance line. But if weakness is seen in the trend and it cannot stabilize above the line, we expect a drop to the first support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care