XLMUST trade ideas
Stellar (XLM) vs. Tether (USDT) Daily Chart Analysis
In today’s analysis, we delve into the daily chart of Stellar (XLM) against Tether (USDT). This chart provides a comprehensive view of the current market dynamics and potential future movements of XLM/USDT, which is crucial for traders and investors in the cryptocurrency market.
Key Observations
Trend Lines and Breakouts:
The chart shows that XLM/USDT has recently broken out of a descending trend line, indicating a potential shift from a bearish to a bullish trend.
Currently, the price is testing an ascending trend line as support, which is a positive sign for further upward movement.
Support and Resistance Levels:
A yellow box above the current price level marks a potential resistance area or profit target. This suggests that if the price continues to rise, it may face selling pressure around this zone.
Conversely, a red box below the current price level indicates a possible support area or stop-loss zone. This level is crucial for traders to watch, as a break below this could signal further downside.
Indicators:
MACD on OBV (On-Balance Volume): The MACD applied on the OBV indicator is showing bullish momentum, with the MACD line above the signal line. This supports the potential for further upward movement.
Potential Scenarios
Bullish Scenario: If XLM/USDT continues to hold above the ascending trend line and breaks through the resistance marked by the yellow box, we could see a significant rally. Traders should look for confirmation from the MACD on OBV and RSI indicators to support this move.
Bearish Scenario: If the price fails to hold the ascending trend line and breaks below the support marked by the red box, it could lead to further downside. In this case, traders should be cautious and consider setting stop-loss orders to manage risk.
Conclusion
The XLM/USDT daily chart presents a promising outlook for Stellar, with key technical indicators and trend lines suggesting potential upward movement. However, traders should remain vigilant and watch for confirmation from support and resistance levels, as well as the MACD on OBV. By staying informed and prepared, traders can make more strategic decisions in the ever-volatile cryptocurrency market.
LONG #XLMUSDT 15m TF. The XLM/USDT chart shows an uptrend with a support line marked with a red line. Prices have bounced off this support several times (marked with blue circles), which confirms its strength. The current resistance zone is near the 0.097 level, which has been tested several times before. If the price breaks through this level, it is likely to rise to the next target of 0.09800. However, if the price fails to overcome the resistance zone, a pullback to the level of 0.09619, which is the lower limit of the risk zone, is possible. The indicators signal the probability of continuation of the upward movement.
XLM Price AnalysisXLM Price Analysis
Over the past few days, XLM formed a pattern that initially appeared bullish.
However, yesterday, XLM broke down from this pattern, changing the outlook once again.
The price action has now confirmed a solid bearish pattern.
Currently, the price is fluctuating between $0.094 and $0.097. A move below $0.094 would likely signal the start of another bearish wave.
Targets:
🎯 0.0928
🎯 0.0900
🎯 0.0869
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
XLM: Consolidating with Bullish PotentialXLM is maintaining its recent gains near $0.0969, showing a gradual uptrend. The market sentiment around Stellar remains bullish, especially with the ongoing expansion of its USDC cash services via MoneyGram and its strengthened utility in cross-border payments. This is driving renewed attention and accumulation from market participants, supporting the token’s upward momentum.
1H Chart Analysis: Awaiting Breakout
On the 1-hour timeframe, XLM is consolidating just below the upper Bollinger Band ($0.0974), indicating a possible breakout. The RSI at 53.27 suggests there is room for more upside, though momentum appears to be pausing as the MACD remains neutral. Support sits at $0.0960, with strong resistance at $0.0974.
Support: $0.0960
Resistance: $0.0974
MACD: Flat with slight bullish divergence
4H Chart Analysis: Signs of Bullish Exhaustion
On the 4-hour timeframe, XLM is testing key resistance at $0.0980 (Upper Bollinger Band), while the RSI is elevated at 63.69, approaching overbought conditions. The Stochastic oscillator is already in overbought territory, which might indicate the need for a pullback before a further push higher.
The MACD on the 4H chart shows a bearish histogram (-0.0001), which signals slowing momentum. However, the On-Balance Volume (OBV) at 16.027B suggests strong underlying buying pressure. The ADX at 29.09 shows a moderately strong trend, implying that XLM could still push higher, but momentum is slowing.
Support: $0.0939 (Lower BB)
Resistance: $0.0980 (Upper BB)
MACD: Slightly Bearish
ADX: 29.09 (Moderate Trend Strength)
Overall Outlook & Actionable Strategy
Bullish Scenario:
A breakout above $0.0980 (4H resistance) could pave the way for XLM to test the $0.10 psychological barrier. A strong push past this level may trigger more aggressive buying, targeting $0.1050 and beyond. Traders should watch for confirmation via rising volume and a bullish crossover on the MACD.
Bearish Scenario:
Failure to break $0.0980 could lead to a consolidation phase or a pullback toward $0.0960 (1H support) or even $0.0939 (4H support). With RSI and Stochastic indicators showing potential overbought conditions on the 4H chart, caution is advised if upward momentum weakens.
Action Point:
Watch for a breakout above $0.0980 for bullish confirmation. Traders should consider setting tight stop-losses near $0.0960, in case of a pullback. Given the strong OBV and growing utility of the Stellar network, XLM remains a bullish candidate, especially if market-wide sentiment stays positive.
XLMUSDT Technical Chart ReviewWhen the daily chart of XLMUSDT is examined; It is observed that the price movements continue in a downward trend. As long as the crypto price does not break below the 0.08059 level, it is evaluated that in price movements above the 0.09406 level, it can cross the 0.11566 level and target the 0.14259 level.
XLM Technical Analysis in a 3-Day TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
XLM is struggling to close above the 50 EMA resistance. The price has tested this EMA several times but has failed to break above it. With the current rejection, XLM is likely to drop to the $0.0840 support trendline.
The lower support at $0.0754 is crucial for XLM to hold. A close below this support will likely invalidate the chart.
Key level:
- Primary Support/Entry: $0.085.
- Lower Support/Accumulation: $0.0754.
- Target: $0.14.
- Invalidation: A close below the $0.0754 support.
DYOR. NFA.
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XLM USDTXLM is in a bearish trend trading under the trend line for approximately 158 days. After rejection from the trend line and the resistance zone (Green) at $0.1009 - $0.1031 is moving towards the support level of $0.0917.
If the support level fails to hold the price it could move towards the next support zone (Pink) at $0.0822 - $0.0833.The last support zone (Yellow) is marked on the chart as a place where it could bounce back in the worst-case scenario.
According to our analysis, they could bounce back from the nearest support at $0.0917 and then we drop to the support zone in Pink. We could take entries at these levels.
For the bullish scenario, the price has to break above the trend line and the resistance zone in Green with high volume.
Traders should be vigilant, considering positions based on the support's reaction and entering a buy if it holds. Always consider risk management strategies, especially with the current market volatility, and set stop-loss orders to protect against unforeseen price movements.
The previous downtrend has not yet fully reversedThe XLM price has reached a significant support level and is gradually attempting to recover. This support zone acts as a key point for price stabilization, but the previous downtrend has not yet fully reversed.
Support and Resistance Levels:
Support Levels:
$0.0987 USDT: This level serves as the primary support, with the price attempting to rebound near this level.
$0.0950 USDT: This lower support level may act as a backup if the $0.0987 level is broken.
Resistance Levels:
$0.1012 USDT: This is the first resistance level that the price must break through to confirm a trend reversal.
$0.1030 USDT: Breaking this next resistance level could signal the return of buyer strength and the potential start of a new upward trend.
The XLM/USDT chart shows that the price has reached a significant support area and is trying to rebound. Breaking through the $0.1012 and $0.1030 resistance levels could confirm a trend reversal and the beginning of an upward movement. However, if the price fails to break these levels, the downtrend may continue.
Long Position on XLMUSDT / Volume ProjectionBINANCE:XLMUSDT
COINBASE:XLMUSD
SL2 ---> Mid-risk status: 5x-8x Leverage
SL1 ---> Low-risk status: 3x-4x Leverage
👾The setup is active but expect the uncertain phase as well.
⚡️TP:
0.1045
0.1055
0.1070
0.1085
0.1100
0.01112(In Optimistic Scenario)
➡️SL:
0.0977
0.0955
🧐 The Alternate scenario:
🔴If the price stabilizes below the trigger zone, the setup will be cancelled.
XLMUSDTHM Triangle BO v1.0 spotted. Looking good with previous wave up with increasing volume and momentum.
- BOS (Breaks of Structure) at @ 0.09849 - 0.10024 level
- Trending slow and steady if able to hold above the BOS level
It is at extremely good reward to risk level if able to break the upper trendline.
XLMUSDT KEY LEVELSExplanation:
This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit
This trading opportunity is based on volume, previous price, and price range , are included
Entry/Exit point's:
- It has very easy entry and exit points
- In this pair of lines with two colors are given (RED AND GREEN)
- In this the GREEN line is used to take long entry and the RED line is used to take short entry (But it is all based on a more conformation from your trading plan)
Stop Loss/Take Profit:
Stop Loss
- According to this, if you take a long trade, its stop loss will be the RED line just below ( A trade can exit either when the price crosses the RED line or the 5 minute candlestick crosses the RED line. (This can be done according to your preference) )
- A short entry should use the opposite rules to a long entry
Take Profit
-When you take a long entry according to the profit to be booked is on the next RED line above. ( Or if there are other reasons, it can be a safe exit )
- Opposite rules for booking profit on long entry are to book profit on short trade. ( The GREEN line above is the stop loss of short entry )
Timeframe:
According to this, the time frame you should use while taking trades is 5 minutes time frames . (5 minute time frame works well in this)
Risk Disclaimer:
Leave a comment if you like my entry setup. This share is for educational learning purposes only, and I am not responsible for your profit or loss. Note: For more details, check the chart.
XLMUSDT: Get Ready for Potential Big Moves! Yello, Paradisers! Are you ready for some potential big moves with #XLMUSDT? Let's dive into the analysis to see what's brewing!
💎#XLM is currently showing signs of a probable bullish continuation from a support zone at $0.0934. We've observed #XLM following a descending channel for quite some time. Recently, after breaking above the descending resistance, it's gaining momentum at this key support level.
💎 If the price holds strong at this level, there's a high probability of a bullish rally, similar to previous trends. A breakout above the probable resistance at $0.1117 could lead to targeting the next resistance zones and beyond. However, if the momentum doesn't hold at the key support, we might see a bullish rebound from the lower demand area around $0.0801.
💎 It's crucial to stay vigilant and monitor #XLM price movements closely. A daily closure below the demand area could invalidate the bullish outlook and potentially lead to further declines.
Remember, Paradisers, staying disciplined and patient is key in these volatile markets. Consistently profitable trading comes from waiting for the best opportunities. Stay focused and avoid emotional decisions!
MyCryptoParadise
iFeel the success🌴
Ripple “protégé” - Stellar is also trying to rise in XLM priceWhile encouraging news is starting to circulate around #Ripple and the price of OKX:XRPUSDT is slowly getting off its knees, by the way, a month ago we came up with an idea for CRYPTOCAP:XRP 👇
The #Ripple “protégé” #Stellar is also trying to rise in price a bit.
For two years, the OKX:XLMUSDT price probably formed a Double Bottom pattern. And for the next 1.5 years, the #XLMUSD price will be able to work out the goals of the pattern:
1️⃣ target - the base of the Double Bottom - $0.195
2️⃣ target - growth in the region of $0.64-0.65 for CRYPTOCAP:XLM by the end of 2025.
But under the current conditions, we do not believe that CRYPTOCAP:XRP can cost $10, and CRYPTOCAP:XLM more than a dollar. Unless they arrange denomination in projects 10-100 times or something?)