XLMUSDT trade ideas
XLMUSDT needs more liquidityThe price had a nice breakout from the static resistance on 0.14$ and got a rejection from 0.155$
now the price is testing the 0.618 Fibonacci level as new support.
How to approach it?
We could see a new bearish impulse until the 0.886 Fibonacci level where the market could get new liquidity for a bullish impulse, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
XLM Expected Movement ExplainedStellar is in a Symmetrical Triangle which means the Price can Do a Bullish and a Bearish Movement Depending on the Break out which is gonna Happen Pretty soon.If the Price does a Bullish Break out , We can Expect the Price to Reach 0.1530$ But If the Bearish Break out Happens, The Expected Price after Completing The Movement is around 0.1250$.
-XLM is in a Symmetrical Triangle
-Price will Reach 0.1530$ in Bullish Case
-Price will Reach 0.1250$ in Bearish Case
-No break out , No confirmations!
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
Stellar Lumens (XLM) Elliot Wave UpdateAs shown on chart from the 13th of March 2020 to 18th of May 2021 Stellar as the crypto market did experienced a Impulsive wave cycle to the upside or otherwise a bull run, of since we then have experienced a drawn out correction quite substantial in price and time indicative that the previous long term cycle is being corrected in a possible larger Wave 2 Correction if the cryptocurrency is to experience further growth long term; with strong resistance at the 14-16 cent range, XLM could drop further to complete the corrective wave cycle from the $0.80 top. With massive support areas between the 6-8 cent areas and notably the ~1.236 and ~1.382 WXY fib extension lying at $0.08 and $0.065 respectively; this would seem a great area for buyers to step in and accumulation to occur, with high chance of upside reversal.
Please like and follow for more Advanced Elliot Wave Ideas!
XLM - Target ReachedWelcome Back,
As we discussed XLM trade setup earlier, Target - 1 has been triggered. Start booking profits and also adjust your stop loss. And don't forget that from target-1 to final target in this range manage your trade actively and reduce your position accordingly.
New StopLoss : 0.14458 ( around breakeven point )
Conclusion : Observing current market condition yea it's perfect trade. But currently many oscillators like RSI show undervalue so i think there might be small upward moment before going to final target and not a trend change for sure but keep on reading market everything changes within no time. Be active.
Disclaimer : Anything Provided here is not a financial advice
XLMUSDT Failing to break the 1D MA50.*** ***
For this particular analysis on STELLAR we are using the XLMUSDT symbol on the Phemex exchange.
*** ***
The idea is on the 1D time-frame where Stellar Lumen has been consolidating since its May 31 short-term High, which is still a Lower High within the Channel Down pattern that started in November 2021 and more importantly having failed to break above the 1D MA50 (blue trend-line), which is technically the short-term Resistance.
This is familiar ground for Stellar inside this pattern as every time the RSI entered the 55.00 - 60.00 Zone, the price got rejected on the 1D MA50. As a result, until proven otherwise and a 1D candle closes above the 1D MA50, the price remains bearish within the Channel Down towards the the 0.10400 Low and in extension (upon 1D candle closing below) the -0.382 Fibonacci extension level.
On the other hand, if Stellar does close a candle above the 1D MA50, we can take a short-term break-out buy trade targeting the 1D MA100 (green trend-line). A buying extension on the long-term can only be sustainable if the 0.786 Fibonacci retracement level breaks (0.2017 currently), which within the Channel Down has never been broken during a Lower Highs rebound. If that happens this time, then it would mean a price break-out above the 1D MA200 (orange trend-line) too, which is unbroken for the whole 2022.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
XLM Trade Setup As discussed earlier here this is my trade setup for XLM !
Trade report :
Strategy - Pattern Trading ( Symmetrical Triangle )
Breakout - Downward
Entry Range : 0.14503 - 0.14420
Target - 1 : 0.13693
Final Target : 0.12700
Stop Loss : 0.14841
Conclusion :
After a relief rally market is going down again.... I'm entering into trade when my entry price range got trigger , and make sure that reaching upon first target start booking profits and also manage your trade position accordingly.
Pattern trade setup - XLMWelcome Back,
New day - New trade setup , After a huge downward rally cryptocurrencies are up on an average 4% to 5% today , something like a relief rally !! Ok but here I'm gonna share my trade setup for XLMUSDTPERP , It's forming symmetrical triangle pattern which is also a continuation pattern , no one know in which direction the breakout occurs but according to current market sentiment it is likely to break upwards. I'm gonna enter once it test the breakout successfully.
Key Levels to watch :
Upward Breakout
entry range : 0.14945 - 0.15029
Target - 1 : 0.15598
Final Target : 0.16948 ( consider below this level )
Profit booking range : 0.15598 - 0.16948
For Downward breakout I'll update if the current scenario changes.
Disclaimer : Any information provided here is not a financial advice, trade at your own risk!
#XLM/USDT 30M CHART UPDATE !!Welcome to this quick XLM/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for trade:- XLM is trying to break the major resistance of the $0.15-$0.155 area. The support is $0.140-$0.142 area and we see a retest of this area. You can try to add some XLM near the support area with tight stop loss.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
XLM Analysis #TheCryptoCityThis is my idea. I have tried my best to bring the best possible outcome to this chart, Do not consider it FINANCIAL ADVICE.
So let's see how the market reacts in the coming days.
This chart is likely to help you make better trade decisions if it did consider upvoting it.
I would also love to know your charts and views in the comment section.
I am not a market maker I could be wrong.
Everything is on the chart.
Everything depends on the BTC movement
Thank you
XLMUSDT Forecast XLMUSDT is trending upward from 1.360 to 0.1436 and 0.1459. A lower low has to complete to support for a turn, and a higher low will potentially establish a strong bullish momentum.
I bless the rains down in Africa :)
.
Khiwe
On this profile page, the shared analysis, ideas, and strategy of a chart belong to Khiwe, with some being influenced. The technical setups are speculative; they are not guaranteed for accuracy or completeness in the form of any content, and they are not intended to provide financial market advice. Please apply your own analysis and confirm it with price action.
💡Don't miss the great buy opportunity in XLMUSD @StellarOrg
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1330).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XLMUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 55.
Take Profits:
TP1= @ 0.1511
TP2= @ 0.1610
TP3= @ 0.1707
TP4= @ 0.1861
TP5= @ 0.1991
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in XLMUSD @StellarOrg
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1330).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XLMUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 55.
Take Profits:
TP1= @ 0.1511
TP2= @ 0.1610
TP3= @ 0.1707
TP4= @ 0.1861
TP5= @ 0.1991
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
XLM situation Right nowXLM is in a Symmetrical Triangle and we can Be Sure of Big Movements Soon. Since No Break out Has Accrued Yet. we can Not Determine The Price Movement Yet. But It will happen soon because The chart is in Small Timeframe(4h) So we can Come To a Conclusion Pretty Soon. In Bearish Case Price Will Reach 0.115. In Bullish Case Price will reach 0.15$.
-XLM is in a Symmetrical Triangle
-No Break out
-(4h Time Frame)
-Bearish=0.115$
-Bullish=0.15$
#XLM/USDT BEST ENTRY GREEN ZONE AND 35% PUMP AND STF !! !Welcome to this quick XLM/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-XLM/USDT symmetrical triangle pattern conforms and break the upper trend line and retest buy the green zone.
Entry:-$0.13280,$0.13575
Traget:- 35%
Stoploss:- $0.12830
with laverage 5x to 10x
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
#XLM/USDT 1DAY UPDATE BY CRYPTOSANDERS !Welcome to this quick XLM/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:- XLM//USDT PARALLEL CHANNEL brake the green and trandline and buy the retest green zone. PARALLEL CHANNEL green zone. (SPOT CALL)
Entry:-$0.11000,$0.12745
Traget:- 70%
Stoploss:- $0.09924
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...