XLMUSDT Analysis (Local Setup)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 0.13 - 0.15 and maybe 0.17
after first target reached move ur stop to breakeven
Stop: ~0.099 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Xlmusdt
Is XLM in the sights for new bullish rally?It's funny. XLM, an old-school cryptocurrency, is undecided about where to move forward, or so its market would have us believe.
Currently, in XLMUSDT, on the 4H chart, a descending triangle is present, which, figures its break to the upside, but for the 3rd time. This is because the previous 2 attempts never made the ideal confirmation (on the second attempt it did but fell below, so I consider the 3rd as true) and therefore ended up creating a false break.
Now that if this 3rd breakout is witnessed with a real materialized Throwback, I can see light at the end of the tunnel for this cryptoactive.
This light is accompanied by a rectangle (range symbol) on the 4H chart, which shows the consolidation of the price after the true breakout. In turn, we must accompany this with another remarkable figure:
An ascending channel in graph 1H, which coincides with the end of a descending channel, both within the aforementioned range. And this shows upside potential knowing that said bullish channel continues to wake up until the breakout of the rectangle.
And, to complete these indicators, we must mention the 200 EMA in the 4H chart that has been mercilessly breached. Giving another perspective to this asset that may indicate, in a predictable way, a change to a real uptrend. This EMA can be confirmed to give rise to the forecast.
Also, the 200 EMA of 1D is also taken into account, which can be fundamental for the growth of XLM after 0.13$
Now, in the following image I place the possible points of Target for profit collection. Of course, depending on the objectives of each one, they will decide whether to fulfill them or go for other objectives.
Sorry for the pictures, I don't have a pro account yet. I hope at some point to have it so that my ideas are more illustrative.
It is a pleasure to bring you this new idea, and I thank you for the support I have received. I love trading and I wish that my ideas can greatly serve you all.
Salaje writes to you, until next time!
XLM | Falling Wedge Formation..!!
#XLM (update)
Falling Wedge formation in Weekly timeframe..
Seems like Bottomed out & Ready for a Bullish Rally.
In Case of Wedge Upside Breakout, Expecting +200% in the Midterm
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
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XLM WILL HIT THE 55 FIB EXTENTSION!- IF you were to invest £500 by dollar cost averaging in at around £0.09 a coin, £100 a month for 5 months if it stays at this price!
- You would accumulate around 5,555 XLM coins!
- Now if you ware to divide your 5,555 XLM into 3 sections you would have 1,851 coins split into 3!
- TARGET 1 - SELL 1,851 at the 4.618 level (£2.08) - 1,851 X £2.08 = £3,850
- TARGET 2 - SELL 1,851 at the 21 FIB level (£8.94) - 1,851 X £8.94 = £16,547
- TARGET 3 - SELL 1,851 at the 55 FIB level (£25) - 1,851 X £25 = £46,275
If you have the patience and wait for XLM to reach those FIB LEVELS, then your £500 investment could be around £66,672!
- NOT FINANCIAL ADVICE - PLEASE DO YOUR OWN RESEARH - ONLY INVEST WHAT YOU ARE WILL TO LOSE!
Stellar Lumens XLM formed a bullish Gartley for upto 27.50% pumpHi dear friends, hope you are well, and welcome to the new update on Badger DAO with US Dollar pair.
In the below previous idea after breaking down the potential reversal zone the price line recovered soon and started the rally:
But this time we have strong support at $0.10, therefore, in my opinion, this time there are fewer chances for the breakdown.
Now on a daily time frame, XLM has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
#Stellar Finds Support, will XLM Break $0.130?Past Performance of Stellar
Stellar prices were in green in September when most assets, including Bitcoin, posted losses versus a strong USD. At spot rates, XLM is under pressure, dropping in a bear breakout formation, as evident in the daily chart. Despite the rejection of lower prices on October 13, the coin is still down 13 percent from September highs. Bulls appear to be struggling against a strong wave of liquidation.
#Stellar Technical Analysis
XLM prices reversed from $0.107, finding support from the 78.6 percent Fibonacci retracement level of the September 2022 trade range. As the broader crypto market finds relief, optimistic traders may buy the dips above $0.107, targeting $0.130, which is this week's high, expecting XLM primary trend established in September 2022 to continue. This forecast will be valid if XLM prices rally from spot rates above $0.130. If not, any drop below $0.107 will continue the liquidation of early October, possibly forcing the coin towards 2022 lows at $0.100, a critical support level.
What to Expect from #XLM?
The crypto market is finding support, and XLM may rise with the tide. However, traders can wait for a clearer trend definition above this week's highs. This will cancel out doubts about the strength of the uptrend and resume the primary trend from mid-September 2022.
Resistance level to watch out for: $0.130
Support level to watch out for: $0.100
Disclaimer: Opinions expressed are not investment advice. Do your research.
XLMUSDT Analysis (Local Setup)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target zone: 0.15 - 0.16
after first target reached move ur stop to breakeven
Stop: ~0.1 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 2
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
XLMUSDT Breakout Descending TriangleSetting up a trade:
Price is consolidating in a Sideways Channel ($0.10-$0.12) following a breakout from the Descending Triangle. Traders should be cautious of false breakouts from this channel since price has failed to break out a couple times. Traders who trade swings should trade the channel (enter near $0.10 support and exit near $0.12 resistance). A breakout above $0.12 is necessary for a trend trader (make a price alert).
As a trend:
An uptrend is evident in the short- and medium-term, but a downtrend is evident in the long-term.
The momentum is mixed, since the MACD Line is above the MACD Signal Line (Bullish), while RSI is 50 (Neutral). There is a decline in the MACD Histogram bars, which suggests a weakening of momentum.
OBV (On Balance Volume):
Volumns on Up and Down days are higher, indicating that volume is rising. Hence, demand (buyers) exceeds supply (sellers).
Support and Resistance:
Nearest Support Zone is $0.10. The nearest Resistance Zone is $0.12, then $0.15.
XLM moved 7% up. Does it have potential?Hello, dear TradingView members.
This is an XLM idea.
XLM moved 7% up and is now one of the top gainers. Since this coin is in a rally right now, there are more targets it can reach, but before that, it might get rejected by a few resistance levels.
Scenario One:
The price will either use this resistance as support or land on the previous support level and move back up for a retest.
Scenario Two:
For now, the local resistance level will push the price back down to the lower support level.
RSI is oversold, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
XLM | Stellar Has Been Accumulating Volume Since MayXLM | Stellar Has Been Accumulating Volume Since May
Price is testing the bottom of the pattern for the third time
and thereby creating a potential megaphone pattern.
During the last days, the price increased by about 17%.
A good part of the movement was supported by XRP.
XRP is showing positive developments regarding the lawsuit they have.
This is one of my favorite projects and it should grow further.
Targets:
🎯 0.15072
🎯 0.17021
🎯 0.23681
Thanks and Good Luck!
$XLM better than $XRP, half supply and better version. DYORWith $XLM's 50 billion supply, it's more reassuring than $XRP's 100 billion supply, and it's not owned by a company. Although both were developed by the same person, it shouldn't take long for people to realize that $XLM is a better version. I think $XLM has potential for so much more. It is not investment advice. It's my thoughts.
Stellar Lumens XLM Is Getting Closer To a Huge BreakoutHi friends hope you are well and welcome to the new update on XLM.
Big down channel:
On a weekly time frame, from Feb 2018 to April 2020 Stellar formed a very long-term down the channel.
Huge BAT move:
During the formation of the aforementioned down channel XLM also formed a very big harmonic bullish reversal BAT pattern, which I also shared with you in 2020 as below:
www.tradingview.com
After the completion of the above BAT move, XLM surged around 1000%.
Another big falling wedge pattern:
Now again on a weekly time frame, during a big drop XLM has formed a big falling wedge pattern. The priceline entered the wedge on May 21 and still moving in this big falling wedge pattern. Now the movement of Stellar has been squeezed inside this huge pattern.
The key support and resistance levels:
XLM has already tested key support of $0.10 and if it breaks out the big wedge then the next key resistance will be at $0.12.
Descending triangle:
On a daily time frame, for more than 4 months XLM is moving inside a descending triangle, and now the movement of the price line is also getting squeezed inside this descending triangle, therefore, soon we can expect that priceline may break this triangle. If Stellar breaks down the support of this triangle then the target to the downside is at $0.045, however, we have key support at $0.10, therefore, it will be really very difficult for XLM to break down this support, and in case of break out the triangle’s resistance, the target to the upside is approximately $0.18. In that situation, Lumens can also easily break out the wedge and also the key resistance of $0.12. By the way, the target for the break out from a big falling wedge pattern, which has been formed on a weekly time frame is approximately $0.75.
Conclusion:
After a big drop XLM has formed a big falling wedge pattern and now the movement is quite squeezed that is another signal that soon the priceline can break this pattern soon. As it is a kind of repetitive move like XLM previously formed from 2018 to 2020, therefore, we can expect that this time Stellar can start a big rally after breaking out this huge pattern.
XLM in Coming DaysXLM is in a Cup & Handle Right now Which means the Price will Be Increasing Soon. The Price will be Increasing as much as the Measured Price Movement ( AB=CD ) That means the Price will Reach around 0.1600$ Note: that we should wait for a break out to happen.
-XLM is in a Cup & Handle
-No break out
-( AB=CD )
-0.16$ is the Target
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
XLM/USD - Can XLM explode like XRP? YES! 😍XLM is lagging behind XRP in terms of price action. You can call it the little brother of XRP.
XRP consolidated in a similar channel and then broke out with a 50% pump.
I expect XLM to rally hard once it breaks this channel. The price action and volume show that buyers are interested.
My bias is bullish on this price action. Not sure why XRP and XLM are bullish in the current market conditions, but I am not here to judge, but rather to analyze the price action.
XLM looking quite decent here, but watch for a possible rejection again at the key resistance level.
Like and follow if you liked my idea!
XLM pumped 5%. What's next?Hello, dear TradingView members.
This is an XLM idea.
XLM moved 5% up and became one of today's top gainers.
The price now is on the local resistance level.
There are 3 support levels on the way down and only one solid resistance in the short-term scenario on the way up.
There are two scenarios in the current situation:
Scenario One:
The price will pass the local resistance and move to the solid resistance area and gets rejected and falls back on the local resistance and turns it into support.
Scenario Two:
The price will get rejected by local resistance and fall back to the half-shadow support levels.
RSI is in the overbought area, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
Stellar (XLM) formed bullish Gartley for upto 12.50% moveHi dear members, hope you are well and welcome to the new trade setup of XLM .
Previously I shared a long-term trade setup for XLM , which is still in play:
Now on a 4-hr time frame, XLM has almost completed a bullish Gartley pattern. There is also a hidden bullish divergence, as the priceline is forming a higher low and Stochastic is setting a lower low.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
XLM Can Start to Increase soonXLM is in a Rounded Bottom Right now Which means the Price will Be Increasing Soon. The Price will be Increasing as much as the Measured Price Movement (AB=CD) That means the Price will Reach around 0.1600$. 27% Profit (at least !) Note that we should wait for a break out to happen.
-XLM is in a rounded Bottom
-No break out
-(AB=CD)
-0.16$ is the Target
-27% Profit
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck