Green lines show a repeating pattern...i also placed approximate date ranges for these patterns on the chart. Ironically the descending dotted line of the fib extension is a reasonable descending trendline that if flipped would send XLM to targets in orange. I have highlighted its potential path with in yellow. She is due to erupt soon imo.
The Content is for...
Hello there. This is my second entry. As we can see XLM is moving sideways building some good support.
Expect to fight hard at 0.45 and since we are really close next 2 days will be crucial in my opinion.
If it gets rejected at first it will gather some more momentum and will bump afterwards probably next week or two.
The BTC spikes though really hurt XLM a...
i belive that stellar is one of the best . so i see good future for this one.
this days the crypto marke are on the war with big bear we have to be so carefull .
preferred hold your money on the coins that they have good future like this one...
XLMUSD (4H CHART) Technical Analysis
Support Breakout
XLM/USDT currently trading at 0.385
Short Entry-level: Below 0.385 (only enter if 4h candle closes below the support line )
Stop loss: above $0.425
Target 1: $0.353
Target 2: $0.310
Target 3: $0.235
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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So, we are in some goods Momentums again to bet on XLM, but like always you have to follow the King movements BTC because only him is the master of the crypto dance!
if you follow the trend you will notice that XLM got rejected around 0.60$ and start his downtrend (Orange Line) while BTC was falling, XLM tried multiple times to break it (Red Circles) but...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.44800).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Stellar/BUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.44800).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Stellar/BUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
We have broken the teal resistance at the same location as the 4H most recent high, came back down for a retest/confirmation and bounced. Then we tested teal again and bounced. Now it is looking like we should push up. Target around $0.63 (resistance line of previous highs) as well as the 1.618 Fib level. A more optimistic view and not terribly unlikely could see...
Even if the market corrects, Stellar is one of our favorite cryptos for reasons you can read on our previous ideas.
On our chart you can see the key price levels where the price can find support.
Personally I did sell yesterday part of my coins and looking to buy again very soon (at 0,504 and in the case of a bigger more general correction at 0,346)
Allow us to name the main cryptos as 'Tier 1'.
Stellar is one of our favorite as we have mentioned before , as it has strong fundamnetals that matter to us.
We even bragged a bit later on that we picked the right one together with Cardano.
I will be honest with you, we were mostly focused on Cardano until yesterday and then we went a bit heavier on...
It took three days for buyers to raise the price of XLM by 20% . It took the sellers one hour to lower the price to the starting price. Such facts make one wonder what could happen to the crypto market in the event of a sharp correction . Given the rapid uncorrected growth of BTC - this probability is quite high.
However, buyers have now managed to keep the...
Technical analysis regarding the price of STELLAR in relation of dollar Tether for the next scenarios, based on 4 hour movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared...
STELLAR XLX proving to be the right choice as one of the 2 favorite alternatives (with Cardano, same category).
Allow me to repeat the fundamentals one more time :
The chart is beautiful. Still far away from it's all time highs but showing a less volatile uptrend movement.
Fundamentally, what my research has revealed is that STELLAR is very close to the 'Big...
Hi guys! 👋🏻
đź”” Stellar and Circle have completed the minting of USDC on Stellar, making USDC stablecoin integration into Stellar blockchain. The USDC (US Dollar Coin) a stablecoin developed by Circle Internet Financial and backed by Coinbase, has $6 billion coins in circulation.
đź”” The circulation of the USDC has doubled since December after a global payment...
