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Xlmusdt

Stellar (XLM) - February 22Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- We need to see if we can get support and climb in the 0.47981023-0.50193320 range. If you go down at 0.43556429, you need a short stop loss. However, you need to trade carefully as you can touch the uptrend line and go up. -------------------------------------------------- -------- (Binance XLMUSDT 1D Chart) We have to see if we can get support and climb in the 0.48162-0.50386 range. If you fall from the 0.48162 point, you can touch the 0.43713 point, so you need to trade carefully. If you go down at 0.43713, you need a short stop loss. However, you need to trade carefully as you can touch the uptrend line and go up. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
BITTREX:XLMUSD
by readCrypto
5
XLM 2 scenarios for next week, might be a good time to wait Here I am working with support & resistances of the last days only. Yesterday a long-lasting uptrend (started January 27th) broke to the downside. Still the doji-candles could mean that the bulls bought the dip at 0.463 Within the next 48-60 hrs we should be in the green elispse and see if bulls or bears are sitting on the table. If the bulls can defend the shortterm uptrend (baby-blue line) XLM could test resistances at 0.537, 0.574 and retest the high at 0.606. If the bears can break down (slim red lines) XLM could test support at 0.46, 0.44 and 0.42 in the next week(s). Good luck.
by LinoCerrus
2
XLM 21.02 Big day but better is yet to come (after dump 22.02)First I really want to explain that, that at the beginning I couldn't understand why XLM pumped continuously last 13.02 /14.02. With XLM you always have to check their newsletter to "justify" any price increase on the chart (Bitbound, Ukrainian Government). Because this last pump we didn't have "significant volume" (peak) we can say that might be an effect of their newsletter again: News like: ..."Another development worth watching in 2021 is the U.S. Office of the Comptroller of the Currency’s January announcement that federally chartered banks can act as blockchain node validators and use stablecoins. With one bank-issued stablecoin already on the network and traditional financial institutions increasingly looking to catch up with the digital currency revolution..." --> "German real estate giant issues debt via Stellar blockchain" --> "COINQVEST Receives European Virtual Currency Service Provider License, Partners with nTokens to Bring Enterprise Cryptocurrency Payment Processing to Brazil" Now matter the pump,dump or sideways I'm just bullish on Stellar Lummens because you just need to "'Shoot for the moon and even if you miss, you'll land among the stars.' (Norman Vincent Peale). NOT TRADING ADVICE. DO YOUR OWN RESEARCH. So about the chart: Purple line - "fractal" from previous pump (07.01-13.02) After 13-14.02 pump, we went to a descending triangle correction (red triangle). We so low to point "B" from big black ascending triangle (predicted by the previous pump) returned to the red triangle (fake breakout) but after we confirmed breakout recognizing a big diagonal resistance (red line) and a downward trend (also MA, RSI confirmations). After this, we were searching for another higher low - "B point green triangle - ( and we found out next support diagonal - blue line). We started to construct a "green" ascending triangle (that we are still inside and gives us the next target (green vertical line)): 0.48394 (approx: 21.02). This target is point "C" of the big black ascending triangle (calculate with the angles of current trend). At this point, it will be hard to do a breakout (to the north side) because it's only the 3rd attempt (green resistance line). So a correction to point D might occur. Pressure will be hard and we even might break the support of the "blue line" (if we follow the trend of the last pump and also because it's expected a retracement from BTC and ETH..... and Monday 22.02.2021 is the decision day from SEC - XRP), so Monday everything will be quite unstable). Maybe XRP holders will come to XLM, or in general market will get ready for the upcoming wave... The blue box above the chart is a "copy" from the highest point of 07.01 until 13-14.02 highest point and placed on this last point. So $0,7472 is my target for the next pump (22.03.2021). All the other targets (positive) are there. Please notice that this isn't trading advice. It's very important to me, that if you read this long explanation until the end to give me some feedback. Wish you all the best ;-)
Long
by prodigy81
3