Hi friends hope you are well and welcome to the new update on XLM. Big down channel: On a weekly time frame, from Feb 2018 to April 2020 Stellar formed a very long-term down the channel. Huge BAT move: During the formation of the aforementioned down channel XLM also formed a very big harmonic bullish reversal BAT pattern, which I also shared with you in...
A bullish cross of 1D 50MA with 200MA could bring XLM into 0.000006 BTC area. That's the spot where 3D 200 EMA is hanging. Again, let's see at once how BTC is developing, I think if it rise in 35k area could bring a positive sentiment to the market, even for short time though. I am stuck with it since Jan therefore I need a bounce. 👆🏻 Best regards everybody.
Hi dear members, hope you are well and welcome to the new trade setup of XLM . Previously I shared a long-term trade setup for XLM , which is still in play: Now on a 4-hr time frame, XLM has almost completed a bullish Gartley pattern. There is also a hidden bullish divergence, as the priceline is forming a higher low and Stochastic is setting a lower low. ...
Friday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum . With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this...
XLM is one of those assets that has just been beaten down again and again with no real push off of the lows. It's becoming too good of an opportunity for price appreciation and I believe it's primed for a breakout. Beyond some of the technicals I'm showing here there are also numerous fundamental reasons I think Stellar is overdue for some price appreciation. ...
The XLMUSDT price behaves almost as nicely as the price of "colleagues in the shop" - XRPUSDT The XLMUSD price is approaching the critical level of $0.12. Breaking this level up and fixing it above means the official start of a new growth trend. If Stellar buyers fail to break through the price of $0.12, and the cryptocurrency market continues to be...
Past Performance of Stellar There are flashes of strength in XLM. A notable development is that the coin is outperforming BTC and ETH. For instance, it is up 14 percent from September lows and tracking higher week-to-date versus the USDT. Despite rejections of higher prices on September 21, Stellar's uptrend is still valid. The immediate resistance is at $0.12;...
XLM is forming classic Cup and Handle pattern,so expecting bullish momentum from here.
Stellar has poised itself like in the past above this diagonal green line Comparable points in blue Price may act as a falling wedge I have seen this falling wedge on other charts for example EOS. Link to this EOS chart below
This is a follow on XLM/BTC pair chart I posted earlier to elaborate on the idea that a breakout could be in order for XLM. As with many other severely beaten down alts, XLM is beginning to show strength on the BTC pairing.
Here's a quick little low risk trade that I came across on XLM. What a beautiful setup on a daily chart with a stop below yesterdays candle and a 10% take profit.
Past Performance of Stellar Stellar is firm, recovering, and up roughly five percent in the past 24 hours. At spot rates, the coin is bouncing from around 2022 lows. Specifically, XLM buyers are building on gains of September 7, rejecting bear calls. Still, despite the welcomed expansion, prices are within a bear formation. #Stellar Technical Analysis The...
There is a beautiful broadening bullish wedge forming (blue line) that has recently broken to the upside. Confirmation has been signaled and price is in backtesting mode. This broadening descending wedge is developing inside a larger pattern: a broadening bullish wedge (not descending but broadening to down- and upside). All this happens on the BTC pair. My...
Before you is the longest trading history of XLMUSDT Someone may think that this review is timed to the hype news that Robinhood can be listing XLM on its site. But no, this review is timed to the 8th anniversary of the trading of the XLMUSD pair. It was at the beginning of August 2014 trading of the XLMUSD pair started, or on some crypto exchanges they marked ...
Hey, It's all in the chart. - Please like/boost if you agree and comment as it encourages me to continue sharing my ideas - My thoughts are not financial advice - Consult with a registered investment advisor before making any investment. Bye for now, @BeYour0wnBank
After breaking through a diagonal resistance line, the price is testing another diagonal mini resistance. I would expect a return on the support in red for a good entry, unless it gives indications that it won't go back there anymore.
Stellar has formed its early break out structure (falling wedge) 0.618 is a strong level of support and a likely point for price breakout of the falling wedge in white A larger symmetrical triangle can also be drawn
Past Performance of Stellar Lumens Stellar Lumens prices are rallying and syncing with the broader market. The coin is stable on the last trading day but trending above a multi-month resistance trend line traced to April 2022. As the XLM prices bottom up, traders may find opportunities to ramp up in lower time frames. #Stellar Lumens Technical Analysis XLM...