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Stellar / TetherUS PERPETUAL CONTRACT

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XLMUSDT.P trade ideas

XLM/USD - Attempting to break above $0.40! Break it and it runs!Stellar had a protocol update in early November bringing Automated Market Makers and liquidity providers on the XLM ecosystem... Have you heard of Uniswap and Sushiswap decentralized exchanges on ETH network? This is the same, only better. XLM network is faster (almost instant) and much cheaper to swap/transact (almost free) which will attract a lot of liquidity providers... why swap ETH/BTC and other coins on Uniswap and pay $100-$200 to do so per swap when you can do it on XLM using StellarX decentralized exchange for 1 cent? This is even better than BNB based decentralized exchanges... In any event, this fundamental news is bullish for XLM because... any new liquidity/volume on XLM network will put buying pressure on Stellar. If it can capture market share from UNI, SUSHI and BNB/ETH decentralized exchanges... it's gonna rocket. Plus, the technical indicators are very bullish. I totally see XLM hitting $1 once we break above $0.40 resistance. Not a bad entry to get in during a breakout above the ascending triangle or to buy support. Bias, mega bullish... Like and follow if you liked my idea!
Long
by DU09
2
XLM H&S formation 1DKUCOIN:XLMUSDT Personally I was looking to add more in lower prices but now we can see a nice bullish pattern is forming after a breakout of the previous downtrend . Once the price successfully break this neckline we can say the first buy signal has been confirmed. As can be seen, increase in volume should not be over looked in the right shoulder. We can also wait for a pullback in the say time frame to trigger another trade. current dynamic support can also be helpful to consider possible support zone.
Long
by HRCrypto_FX
1
XLMUSDTPERP - A potential 30% ride upLadies and Gentlemen, i have some good news on XLM. Of course i am already sitting safe with my entry i made much much earlier around early October, but anyway i want to be sure it is too early to think about the profit taking. Based on White Energy i am expecting a move up to begin between October 30 - November 5. If you didn't enter a long trade yet i'd recommend to find a momentum between Novermber 2 - November 3. I pointed that momentum on the short-term chart using Green Dashed Lines: Thank you!
Long
by ijustcoin
2