Keep an eye on XLM - Close to breaking out!Here's a quick look at XLM 6 hr chart. As we can see, the price has printed a bigger falling wedge and is about to break out!
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone
1. 0.41$
2. 0.436$
3. 0.454$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Xlmusdt
XLM shaping up pretty wellIMPORTANT: I previously posted this TA on the BTC chart by mistake. I'm sorry!
If you don't focus on current price action and watch at 4h chart you'll notice a triangle or a pennant is shaping up. This is good! Even if I can't show you too many indicators at the same time, current price sits on EMA 200 at 4h, watching at stochastic momentum I think it'll bounce from there.
If BTC doesn't dump hard, the chart will form a pattern and then pump, now would be a good moment to enter because you'll have both the possibility to enter for a short term trade (aim the trendiline as resistance) or just to sit on XLM and waid the breaking out of the pattern still in formation.
However I think BTC might go down further so I would enter XLM with only 30% of the money I wanna use. You know... just in case. From there wait to see price action, if I'm wrong on BTC you can enter with the rest.
Good luck!
XLMUSDT DESCENDING TRIANGLEXlmusdt is trading in a descending triangle and has
made a triple bottom to retest the support levels which shows a positive reaction to the downtrend move of price. With supports holding, price is likely to spike to the price targets if btc maintains its position with a steady or drastic rise to the upside. Price targets to take profit and possible target in case we see a downtrend has been provided on chart.
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Big move coming for XLM! Here's a quick look at XLM 4 hr chart. As we can see, the price has printed a symmetrical triangle and we could see a bigger move soon! Definitely one to keep an eye on. The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume.
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
1. 0.41$
2. 0.436$
3. 0.453$
- Profits can also be taken in the resistance zone .
-------------------------------------------
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Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Divergence in XLM* XLM in 1H time frame forms Expanding channel. Here the price moves between two broadening trend-lines.
* Expanding channel appears with narrow opening and broad closing like a reverse symmetrical triangle.
* A RSI divergence also appeared in XLM.
* RSI divergence occurs when there is no longer the same momentum between RSI indicator and the price.
* If the price pulls back and break the upper trend-line we can expect a rally till $0.3910. XLM is bearish below the support.
Which coin is best to invest now (what I see)?Hello friends,
Over the last three months, the price of Bitcoin is up nearly 70% (28.8k to 49k equal to 76% ATH). if you've been waiting to invest, now might be a smart buying opportunity (Fundamental Analysis).
How? It's easy:
The lower the "recovery", the better!
Why (because of two reasons)?
1- Because when the recovery is low, it gets the attention of more traders who were out of the market (newcomers to the market).
2- low-risk investment.
It will signal the continuation of an existing bull trend (for XLM and Doge).
XLMUSDT Technical Analysis
Welcome back Traders, Investors, and Community!
XLMUSDT on h4 has the potential to go higher after the break above the resistance and the triangle. It might go down for a Pullback
⬆️Buy now or Buy at 0.35622
⭕️SL @ 0.33505
✅TP1 @ 0.39500
✅TP2 @ 0.40000
✅TP3 @ 0.40900
✅TP4 @ 0.42500
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Have a Profitable Day
New ATH coming
Dear traders:
It is the result of my efforts to offer a useful (I hope) presentation.
Bullish Flag Pattern.
Pump coming.
What Is Stellar (XLM)?
Jed McCaleb founded Stellar with the lawyer Joyce Kim after leaving Ripple in 2013.
Stellar is unique because every transaction costs just 0.00001 XLM.
Short or Long. Entry and Exit pointsAs mentioned in the previous analysis we reach first target and go to the moon with companies BTC acceptance . (this episode Xiaomi) :xd
I marked and write down on chart all important point that we have to pay attention for them .
Generally i choose long for Stellar BINANCE:XLMUSDT .
Also write your idea and If you agree with me please like and share. Thanks.
Have a good Trades.
$NANOnano and xlm almost similar set up.
Daily closing above 50MA, retest and fly.
1600 SAT if hold then 2250 SAT.
Falling Wedge Pattern
Dear traders:
1- A Falling Wedge is a Bullish pattern.
2- A Falling Wedge is a reversal pattern.
3- In a Falling Wedge Pattern, the price target is equal to the height of the back of the wedge.
What else is new?
1- Entry Time.
2- knowing how to make money out of the different patterns.
see attached Idea.