#Stellar is down 80% from All-Time Highs; Is the Bear Run Over?Past Performance of Stellar
Stellar is firm, recovering, and up roughly five percent in the past 24 hours. At spot rates, the coin is bouncing from around 2022 lows. Specifically, XLM buyers are building on gains of September 7, rejecting bear calls. Still, despite the welcomed expansion, prices are within a bear formation.
#Stellar Technical Analysis
The August 19 bear candlestick is conspicuous in the daily chart and defines the current trend. Since the wide-ranging bar was printed, XLM prices have maintained a strong downtrend. Presently, prices have found support at around 2022 lows with hints of slowing downsides considering the series of higher highs relative to the lower BB. While bears are firm, the tide may swing to favor XLM buyers if prices close above the 20-day moving average and $0.11. The breakout would signal the end of the 10-month correction; thus, the leg up ought to be with rising trading volumes. If this pans out, XLM may rally towards $0.13. Conversely, sharp losses below July 2022 lows at $0.097 will reaffirm bears, forcing XLM towards $0.069 in a bear continuation pattern.
What to Expect from #XLM?
The coin is down 80 percent from May 2021 highs. After such heavy losses, XLM buyers may find relief if prices expand above $0.11 in alignment with the gains of September 7. However, should bears continue to dig in, XLM could slump to new multi-month lows.
Resistance level to watch out for: $0.11
Support level to watch out for: $0.097
Disclaimer: Opinions expressed are not investment advice. Do your research.
STELLAR
XLM - beutiful wedge inside wedge !There is a beautiful broadening bullish wedge forming (blue line) that has recently broken to the upside.
Confirmation has been signaled and price is in backtesting mode.
This broadening descending wedge is developing inside a larger pattern: a broadening bullish wedge (not descending but broadening to down- and upside).
All this happens on the BTC pair.
My take is that once Altseason gets going XLM will be one of the most explosive coins in the market.
XLM UAH as an indicator of XLM growthHryvnia as an indicator of XLM growth is also a graph that shows when there will be an introduction of digital hryvnia based on xlm defined agreement between the Ukrainian authorities and Stellar developers already exists. With a high probability before solving the hryvnia problem, they will create a serious fall in UAH to which zone the analysis will be in the next idea and the solution will be in the form of creating a digital hryvnia in the application
XLM PRICE ACTION - The Update You Have Been Waiting For!!!This video is the result of hours of analysis conducted by myself and one of my members mentioned in the video.
I performed a training session which not only helped him immensely but it also helped me identify the flaws in my analysis.
I think this is a great way to improve by helping others at the same time. It's a win win.
So it appears as though the pain has only just begun for the markets and we are unlikely to see any new all-time-highs until this large corrective wave is over.
There is absolutely no way of knowing how high the rest of this small degree correction will bounce but I can and will be tracking this extensively.
I believe there will soon be a perfect time to short sell XLM and other Cryptos.
This is an amazing turn of events for what started off as sharing my thoughts and ideas to now taking advantage of networking with other people to improve analysis and profits.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
divergence on XLM STELAR LONG positionhello guys
xlm formed a three drive on decision point and this three drive make a divergence on rsi. so in my opinion this crypto is ready for a long position.
what do you think about this chart?
thank you for your attention!
If you agree with my analysis or you are happy, please hit the "like" button and "follow"!
ARIASWAVE CRYPTO MARKET UPDATE - Initiating Launch Sequence...In this video I explore the potential scenarios for these Crypto markets.
They all seem to have one common theme as mentioned in my last Market Update.
We need to see one more new all time high to complete the cycle for Wave 5's across the board.
After that I believe there will be a time to take profits and consider what comes next.
So far it has taken time for each of these Cryptos to form these potentially bullish formations.
Let's see what the days ahead bring and whether or not we will see them continue to put some gains on the board.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
XLMUSDT 1W Complete trading history for 8 years and what next?Before you is the longest trading history of XLMUSDT
Someone may think that this review is timed to the hype news that Robinhood can be listing XLM on its site.
But no, this review is timed to the 8th anniversary of the trading of the XLMUSD pair.
It was at the beginning of August 2014 trading of the XLMUSD pair started, or on some crypto exchanges they marked STRUSD (only those who have been on the crypto market for many years know about this, now you know too :)
Now many users are expecting a shot of the XLM price
But we would be careful with expectations of super growth, because the reality may be different.
Yes, now the XLMUSDT price can break up to $0.165-0.17. Further, adjust to $0.12 and if the price is firmly fixed above $0.12 - then strong long. But you have to understand that it can be a long-term investment.
But you have to be careful, it's more about us, because the chance that the XLMUSDT price can still fall to $0.075 is quite high, and buying there would be a very profitable deal.
Summarizing:
- If you have already bought Stellar, then you can expect growth to $0.17, maximum to $0.2 and further correction. Also keep a short stop on the position.
- Safe entry into the long XLMUSDT position after fixing the price above $0.12. Growth targets are $0.2 and $0.35
- A very conservative entry into the position is to place a buy order XLMUSDT at $0.075 and wait for a lucky price spill
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We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
XLM - PRICE ACTION UPDATE - Let's Check Out The Wave Count.In my previous XLM update I pointed out a few things that suggest that we could be looking for a bottom.
When I say bottom I do not mean long term but rather we are looking for a 5-Wave Move.
If this is the start of that move price action appears to be moving accordingly.
The clues provided by the waves indicate that we a just retesting a break of the declining trendline.
I only pay attention to these trendline breaks when they coincide with the waves.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
Stellar 0.618 RecoveryStellar has formed its early break out structure (falling wedge)
0.618 is a strong level of support and a likely point for price breakout of the falling wedge in white
A larger symmetrical triangle can also be drawn
XLM - PRICE ACTION UPDATE - This Wave Methodology Works!In this video I go through the XLM price action but I also point out a few other things that relate to how this whole thing works.
It takes time dedication and research to understand AriasWave but I am proving over and over again that it's completely possible to predict waves.
The proof is in the pudding and if you cannot fathom how amazing this stuff is then your done.
Looking for people to follow and idolize is for fanboys or fangirls or fantheys.
This is a very specific and very objective way to read wave and make money, I literally cannot make it clearer.
Sure I was always covering XLM but now I am starting to look around and find ways of showing you that this applies to ANY market.
It was also designed for futures traders so it is a robust methodology that can be used by anyone.
There is no way of knowing exactly how big this coming Wave B will be however it doesn't matter because they are fractal patterns.
As long as you understand the in's and out's and the ups and downs of how this works then peace of mind is the real currency.
Oh and where have all the trolls gone? I bet the bear market wiped them out.
See related ideas below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
XLM - PRICE ACTION UPDATE - COULD THIS BE A BOTTOM???In this video I discuss the possibility that we could be looking at the bottom of a Wave A.
I have been looking at this pattern for days and I cannot make a bearish case for lower prices.
Cryptos are going all over the place lately and I think it is fair to say that no one really knows.
Using AriasWave I am using some clues to make an assumption and that assumption indicates that we may see a range bound market with plenty of ups and downs.
There will always be opportunities to make profits in these markets but for me personally I don't see a better option at this point.
In essence this would mean a move back to the highs before we see another decline.
For now lets stick to what is right in front us and take it as it comes.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
XLM - PRICE ACTION UPDATE - TAKE ADVANTAGE OF SMALL MOVESThis is by no means financial advice, I am just another dude on the internet that could be wearing no pants and possibly drunk.
You have probably seen the nice move in my MATIC idea and a nice pump in Bitcoin.
I have started going back to leveraged trading due to the slowness in this bear market.
That means I need to make every move count.
Using the AriasWave methodology I will explain exactly how I am going to do this, not just in XLM but wherever I see opportunity.
If your just looking for the dopamine casino hit this is not for you.
This takes a great amount of skill using AriasWave so I suggest you get familiar with this methodology.
There is nothing wrong with taking calculated profits on margined trades because you can always jump right back in if you know how.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
The direction of price movement will be towards lower support!Hello to all members of TradingView and my followers.
XLM experienced a price drop last week. Since the main trend in the daily time frame is bearish, the price has negatively reacted to the resistance range of 0.12 to 0.13 dollars. On the other hand, the downward movement and selling pressure has brought the price to the previous floor. Therefore, if the reaction to the support range of 0.100 to 0.105 dollars is observed, we expect to see the return of the price and the continuation of the range trend in the range of the current support and resistance of 0.15 to 0.16 dollars.
Also, if we see another drop in the market, the price will be expected to hit the support floor of the $0.087 range. For this month, as long as the price is below the $0.12 level, the direction of price movement will be towards lower support.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
XLM has continued its range trend in the support rangeHello to all members of TradingView and my followers.
During the last week, XLM has continued its range trend in the support range of $0.11 to $0.10. The price is still in an overall downtrend, and even the midline of the descending channel is still acting as resistance. Unlike other currencies in the market, Stellar made a lower bottom again last week. Still, the previous bottoms were temporarily broken, and the candles returned above this support area. The 4-hour time frame shows that the resistance drawn on the chart is in the range of $0.123 to $0.127 until it becomes support. In the best case, if the support of $0.10 is maintained, the range trend can continue.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
#Stellar #XLM #Cryptocurrency daily logarithmic time-frame:
A triangle formed with lower highs and and same level lows known as support area.
meanwhile with eye on 4h time-frame, If today's price candle closes under the support area go for short with 0.12 as Stop loss and 0.067 as first TP. Trail the second TP, if there is!
Stellar XLM - Prepare your buy orders! + 0.618 FIB + Wedge
XLM is very close to the 0.618 FIB retracement of the huge Impulse wave from 2020-2021.
Also the price is close to a massive horizontal support line from 2020.
I expect last wave to the downside to finish this downtrend and then I can see at least a retracement back to 0.25 USD.
As per my Elliott wave analysis - an impulse wave to the downside is almost completed as you can see.
If we take a look at the volume indicator, we can see there is absolutely no bearish pressure, which is always great to see.
On the weekly chart we can spot a falling wedge - bullish reversal pattern and the price is currently near the support line.
You can set a limit order to buy XLM at 0.0888 USD if you want to speculate on this move.
Look at my ideas about interesting altcoins in the related section down below ↓
For more ideas please hit "Like" & "Follow"!
XLM | Stellar Close To The Support AgainXLM | Stellar Close To The Support Again
When the price reached 0.11789 price area it looked like the price was going to increase
faster.
For the time being the price made a fast movement by deleting all the profits.
Now it looks like the perfect time that we can buy again.
The first target will be our previous support area where the price changed
the direction during the previous time.
Siacoin - BullishI believe that Siacoin will give us excellent prospects for the next bullrun, it is no coincidence that it presents bottoms that recall a trend reversal in the medium term, therefore in correspondence with the next bullish phase.
I have been investing in this crypto for years because it has a hugely underrated project like Stellar's.
XLM STELLAR LUMENS - PRICE ACTION UPDATE - CHANGED COUNT!This idea is the first of the public ideas that reflect the new change of view for the broader view of the markets.
Ever since we had the failed continuation of the previous count I have been looking into why this happened.
Since then I have been looking deeply into the price action in the Dow Jones, NASDAQ, Bitcoin and EURUSD.
I have adjusted those count which happened over this period and now I will begin presenting the new view.
I will only be presenting the current wave structure from now for each chart for the sake of clarity and to make the videos shorter and more to the point.
Keep an eye for my next market update which will explain this change of view in greater detail.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.