Xlmusdt
(update) XLM/USDT broadening wedge is still reliable!Hi every one
STELLAR / TETHERUS
this is only an update on XLM/USDT situation as you can see the XLM has not broken out of the broadening wedge and just touched the bottom line of this pattern but there are Hidden bullish divergences on MACD and RSI indicators now so this means the price has bigger chance to increase from this point rather than decreasing!
Previous Analysis
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
XLMUSDT - BUYEntry: after breaking the triangle's upper border at point (5), either with an entry after the breakout, or after a possible retest of the upper border's breakout rate.
Take profit: identified by measuring the vertical distance between the first resistance (1) and the first support (2), that measurement is then applied from the breakout rate (5)
Stop loss: can either be the breakout rate (5), or the last touch to the triangle's lower border (4) before the breakout
BULLISH SYMMETRICAL TRIANGLE PRICE ACTION
This chart pattern starts forming with bulls already in control of the exchange rate's uptrend. Then both bears and bulls try to squeeze on each other by creating lower highs and higher lows respectively, till the bulls finally break the triangle's upper border created by the bears, and the exchange rate continues its uptrend.
Let's break down the pattern formation!
In an uptrend, price action finds the first resistance (1), which will be the highest high in the pattern.
Price action reverses direction from the first resistance (1) and goes downwards till it finds the first support (2), which will be the lowest low in the pattern.
Price action reverses direction from the first support (2) and goes upwards, till it finds the second resistance (3), which must be lower than the first resistance (1)
Price action reverses direction from the second resistance (3) and goes downwards, till it finds the second support (4), which must be higher than the first support (2)
The pattern is completed when price action reverses direction from the second support (4) and goes upwards till it breaks the triangle's upper border at point (5)
Xlm chart analysis #XLM USDT 4H CAHRT ANALYSIS...
👍 Hit The Like Button If You Like It...
Xlm Now Sitting Just Above The Strong Support Zone. Where Daily 200 Moving Avarage Working As A Support. So Price Should Hold This Support Zone As Well. Otherwise We Will See Again Bearish Move In Xlm To The 0.235$
XLM/USDT - potential 70%+ setupHello, Traders!
After the correction, XLM returned to the main trading range of $0.39 - $0.48.
Cumulative delta analysis shows buyers' interest in the asset.
Buy entry can be sought in the range of $0.372 - $0.392
Stop loss is to be set under $0.310 level.
Price Targets:
$0,480
$0,542
$0,652
Good luck and watch out for the market!
P.S. This is an educational analysis that shall not be considered financial advice
XLMUSD H16: BEST Level to BUY/HOLD 200% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
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XLMUSD H16: BEST Level to BUY/HOLD 200% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: XLMUSD 16hour/candle chart review
::: sequence of higher lows - BULLISH
::: chart looks good /strong
::: price contained within bullish channel
::: speculative bullish setup in progress
::: expecting rejection off price control
::: line soon so correction extends
::: to June 2021 so for now STAY OUT
::: focus on buying LOW later
::: BULLS seek to BUY/HOLD exit +2000%
::: 200% BUY/HOLD setup
::: expecting a low printed near 30 cents
::: BULLS will get a new cycle low near 30c
::: and BUY/HOLD after CORRECTION
::: BULLS get ready to BUY near C
::: TP bulls is +2000% gains later
::: exit near point D +2000% gains
::: expecting re-test of heavy resistance
::: details: see chart
::: FINAL TP is +200% gains
::: recommended strategy: BUY/HOLD after CORRECTION
::: recommended strategy: BUY near 30 cents
::: TP BULLS +200% gains BUY/HOLD setup
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY IT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/CORRECTION
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
XLM/USDT is ready to fly once again!Hi every one
STELLAR / TETHERUS
XLM/USDT is now in a broadening wedge! the price can range between this pattern Until the break out happens! as you can see XLM has reached the bottom of this pattern and now is trying to move to the top of this pattern! so this means XLM can touch It's ATH once again!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck