XLMUSDT trade ideas
XLM 77 Week Moving Average SupportYes, bitcoin defended it's inverse head and shoulders neckline amazingly today and we are having a nice recovery. XLM is looking great here, above the 77ma and looking strong. It is currently 25th by market cap and EXTREMELY undervalued, for what Stellar is doing. This will be big - it will climb through the ranks, I am certain of it.
I am long here and looking for these big numbers up there based on the Lion King image.
The king is ready to return home, to return to glory.
The fundamentals of this coin, coupled with this beautiful defence on the 77 week average makes this possibly the greatest investment in the top 100 crypto coins from this point on. Well OK, maybe MATIC could be better! But still - this should be great! I've placed my chips.
🔵XLM & The Difficulties To reach 0.60$Hi every one
STELLAR / TETHERUS
XLM is in an Ascending Triangle. The Price has not managed to Break this Pattern yet,but we expect a Break out to happen Soon. and when It happens,we can Expect The Price to Increase as much as the Measured Price Movement (AB=CD) But It would React to Pivot Points on It's Way! yearly Pivot Points would be Great Resistances For XLM. We Expect a Reaction From the Price If The Break out happens: The First Pivot Point (yearly) will be a Strong Resistance,and The Upper line of the Triangle Will be a New Support! after Doing a Pullback to The New Support, The Price will ascend Further & Will react to The Next Pivot Point! After a Little Bit Of Correction, We shall The Price Finally Be able To Reach The Expected Target (Which is Around 0.60$). This Scenario Has Been Drawn For you on The chart & It all Depends On The occurrence of The Break out!
🔵Summery:
-XLM is in an Ascending Triangle.
-No break out yet!
-when The Break out happens, price would React to yearly Pivot Points!
-Target Is around 0.60$
🔴This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
🆓Stellar (XLM) Dec-5 #XLM $XLM
.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.24$ zone
🔴Buy : 0.26 - 0.24
🔴Sell : 0.32 - 0.4
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.24$ zone
🔵Sell : 0.24
🔵Buy : 0.2
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Stellar vs Tether Looks Even BetterThere is no doubt here, XLMUSDT is full blown bullish mode.
Since yesterday, XLMUSDT went from trading below EMA300/100/50/10/MA200 to trading above it.
So today we have a candle above all these levels.
This one looks like the other USDT pairs.
There are no surprises.
We had months of consolidations.
Years to prepare...
Make sure to work on your strategy to maximize profits.
Improve your results.
That's it for now.
Namaste.
XLMUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price has hit its support line and is supported, and has broken its resistance line upwards.
We expect the price to be able to touch our target over time.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
💡Don't miss the great buy opportunity in XLMUSD @StellarOrgTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.3453).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XLMUSD 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 69.
Take Profits:
TP1= @ 0.3686
TP2= @ 0.3926
TP3= @ 0.4175
TP4= @ 0.4409
TP5= @ 0.4672
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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❤️ 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 @StellarOrgTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.3453).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XLMUSD 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 69.
Take Profits:
TP1= @ 0.3686
TP2= @ 0.3926
TP3= @ 0.4175
TP4= @ 0.4409
TP5= @ 0.4672
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 ❤️
Bullish on Stellar Well similar to aave this had a similar graph of breaking the trend and hence took a small long on the coin.
Note: This is not a financial Advice just my own trading opinion and personal trede info, DYOR before investing/trading any crypto or coin, I do not take any responsibility of the loss assumed by you in any trade you took based on my analysis. Please do share your analysis as overall it helps the community and encourages participation, thanks for reading whole note, Good Luck!!!