✅ XLM (Stellar) - What's next?XLM started corrections just like any other coin in the Correction-Season and then after a while of consolidating and going for resistance areas and getting rejected by them, this is where we are now. We just got a bounce from our support and trying to build the price up to get to the next resistance once more.
Right now most coins are forming a bullish triangle and most people are talking about it. Just put your charts on 1D and take a look, you'll see it!
As I've said in my last ADA and XRP chart, Watch for Bitcoin , since it looks like it's going to touch ATH or even cross it. After Bitcoin calms down XLM can perform stronger than now and might run for testing the ATH . If possible, it might cross it and touch the red resistance as I've shown on the chart.
if not successful, then it's going back down but I'll update the support when that's about to happen.
XLM isn't showing STRONG buy volumes in the market but it still has some time to build up a foundation on this support zone .
There are 3 resistance areas on the way up and each is stronger than the other. Watch out for them.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $0.3425
Good Luck
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STELLAR
STELLAR (XLM/USD) | Opportunity To Be Part of The RetestHi,
Stellar (XLM) has shown its strength by managing to push above quite an important price zone. Atm the retest has worked nicely (short-term rejections), the market sentiment is bullish so do your own analysis and if it's matching with mine you are ready to go!
Regrads,
Vaido
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Institutions/Banks/Big Investors either always buy the same percentage of #XRP and #XLM and the two are THE World Bank-Coins
🔥 XLM Reversal Achieved! Gains AheadSome time ago I made an analysis on XLM. Here I analyzed that the bottom trend line was likely going to hold and cause some kind of reversal.
And indeed, the dynamic support held strong, and we're moving back up.
Main target for the current move is $0.34 for the coming days, potentially $0.4 if we keep current price action.
Happy trading!
XLM - two possible scenarios 😲🤔The XLM is pushing towards the $0.26 level, which is a signal for a breakdown of this level. The whole market also has a lot of downside prerequisites. I have written about them in more detail in the last two ideas. But it all depends on bitcoin, if bitcoin continues to decline, altcoins will rapidly go down. A good selling opportunity would be after a breakdown of a key level.
If the price breaks the trend line and tests the support, the XLM will probably go up.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
XLM -Stellar You old dog. You tricked me. Will Jed save the day?XLM -Stellar You old dog. You tricked me. Will Jed save the day?
Old idea was complete failure. Seemed poised for historical fractal rocket boost pump... but then exploded on the launchpad.
Sucks as I should have just gone for new popular tokens like blah blah blah
I still have my eye on this old dog though. Similar to NANO I think it will unexpectedly go right back to about rank #6 in a couple explosive moves. Timing it though...
If it starts running up I will fomo.
glhf
XLMUSDT 1DHi everyone :)
Possible routes for Stellar price movement
With the successful stabilization of the price above $ 0.267, the bull trend will start
In total, Stellar can be expected to grow to $ 0.315
If the buying pressure continues, the price can rise to $ 0.342
On the other hand, if the price does not have enough momentum to start its uptrend, it is likely that the downtrend will continue.
It is likely to move to its last line of defense at $ 0.235, below which the price reduction will nullify the uptrend scenario.
Under such circumstances, one can expect Stellar to fall to its volatile levels of about $ 0.198
What scenario do you think is happening?
have a nice day
Stellar (XLM) - September 26Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(XLMUSD 1W Chart) - Medium to Long-Term Perspective
Above the 0.09017343-0.16420803 interval: the uptrend continues.
(1D chart)
Resistance section: 0.40293161-0.51004846
If the price is maintained above the 0.23438790 point: it can turn into an uptrend.
We need to see if we can continue the uptrend by moving along the uptrend line.
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(XLMBTC 1W Chart) - Mid-Long-Term Perspective
428 Satoshi-1288 Satoshi section: bottom sideways section
If it rises from the bottom sideways section, it is expected to create a new wave.
(1D chart)
It is expected that the upward trend will continue only when the price rises above the 746 Satoshi point and the interest rate is equivalent to the price.
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(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
XLM range tradingThird time XLM/BTC is touching the bottom of this channel it is trading in since mid-june. It took a while after the first touch, namely a second touch, but after that we got a nice 25% move up. This seems an interesting opportunity.
I'm not counting the third as that wick is definitely false price action or maybe even a shake-out. Anyway, setting a stop loss below the previous low and my target at 20%. Let's see how this goes!
XLM is being pressured to the MAXXLM/USDT is currently holding a long term support line in the uprising channel. It can drop with a wick to 0.26 and still be OK. However, breaking and closing below 0.26 is bearish.
In my view, now is a good time and price to start accumulate for targets above $2.
Also, remember that RSI is leading indicator. so watch for RSI break to be more confident.
Good Luck and Trade Smart.
🔥 XLM Closing In On Huge SupportXLM has been following this support since the Corona dump over a year ago. Since then, the price has respected the trend line several times and bounced off.
I'm expecting that the pain is not over yet; XLM has yet to touch the trend line.
Main target for the reversal is the local high from before the current dump, placed at $0.34.
Happy trading!