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XLM / UST

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XLMUST trade ideas

An inverse head & shoulders pattern formed in XLM.Today was an incredible day for many cryptos, and not so much for others. But one thing you can be sure of is that XLM has been spending the past two weeks forming a perfect head & shoulders pattern on the 30 minute chart that, assuming it plays out bullishly, is almost near the take off point! If price action breaks out of the dashed white line at the top of the wedge pattern, we could see a dramatic price increase in the coming weeks. This could also be a great sign that XLM could be well on its way to gaining ground, and starting a new bullish trend in the mid to long term. Good luck, and always use a stop.
Long
by MetaShackle
"Invest like Elon Musk, buy Stripe."What's one of the most profitable businesses you could do? One of them would be payment processing. Just look at the success of Square, Visa, Mastercard, PayPal, etc. That's how Elon Musk got most of his capital to be able to start Tesla & SpaceX, by selling his PayPal shares. But did you know that in 2011 Elon Musk invested in an upcoming payment processor called Stripe? Stripe is today one the biggest online payment gateways, right behind PayPal. But what could Stripe do in order to grow even more? Make cross-border payments easier? Lower processing fees? Enable everyone to become their own bank? One feasible way to do that would be via the usage of cryptocurrencies. But which one would they be particularly interested in? Well, you could probably guess if you are reading this 😃 The thing is that Stripe owns 2% of all XLM (Stellar) that exists. stripe.com This is significant, and the good part is that it doesn't seem like they have utilized it in any way yet. But that's not the only thing that makes Stellar promising. Here are some of their advisors: - Patrick Collison (CEO of Stripe) - Sam Altman (President of Y Combinator & Co-founder of OpenAI w/ Elon Musk) - Naval Ravikant (Founder of AngelList) - Matt Mullenweg (CEO of Automattic which owns WordPress & WooCommerce) Stellar has IBM as a partner. Stellar is supported by Keybase (owned by Zoom). Balaji on "new kinds of value transfers": twitter.com And of course, if you didn't already know, it's one of the fastest cryptocurrencies with very low transaction fees. It is not considered as a security like Ripple's XRP does. It is also available to invest in via Grayscale (one of the largest digital currency investing authorities). And to just add the cherry on top. They are working on bringing zero-knowledge smart contracts, which could be huge! github.com That could create the possibility of private stable currencies, DeFi, NFT, or whatever crazy crypto topics/projects people fancy 😂
Long
by Majnoonu
8
XLM/USDT | Stellar | 1W 👀Stellar enables the creation, sending, and trading of digital representations of all forms of money: dollars, pesos, bitcoins, and anything else. It's designed to unite all financial systems worldwide within one network. Monitoring. Awaiting target as planned. Risk per coin is no more than 1-2% of the portfolio. Cumulative risk is not more than 5%. - Not financial advice, trade with caution. ✅ Stay updated on market news and developments that may influence the price of Stellar. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto #Stellar #Investing #XLM
Long
by Nyskohuz
1
Falling Wedge with potentialTraders, get ready to dive into a chart setup that could lead to some gains! 🚀📊 We've identified a compelling falling wedge pattern on XLMUSDT.P (4H) and it's time to dissect the potential opportunities this pattern presents. This tightening price range signifies a gradual decrease in selling pressure, potentially leading to a bullish reversal. We can identify potential entry points near the support trendline. This presents an advantageous risk-reward ratio as the wedge's narrowing range suggests diminishing downside potential. Traders may consider setting their sights on targets based on key price levels or Fibonacci retracement levels. Disclaimer: This post is for educational and informational purposes only and should not be considered as financial advice. Trading carries risks, and it's important to conduct thorough research and consult with financial professionals before making any trading decisions.
Long
by ThatOneDudeTrading
XLMUSDT # 001 ( 2000% Growth with 2024 Market surge $$$ ) Hello dear traders. Good days . First of all thanks for your support and comments . ——————————————————————————- On monthly Gann Square, XLM start rising after passing Gann Square Arc resistance. With refer to first weekly Bullish Gann Square, expect to hit 0.75 Gann price Zone at cross Zone of Rejected Monthly Gann Fan line . 2024 is look like good year for Crypto currencies and XLMUSDT has an opportunity to grow to about 2000 - 2300 % . Chart updated and route plotted with help of Gann Square and Gann Box. Good luck and safe trades.
Long
by SHAlavi
2