Stellar (XLMUSD) hit and broke today above the 1W MA200 (orange trend-line) for the first time since the week of May 02 2022. That's more than 1 year of trading below a key long-term Resistance that is now broken. The 1W MA50 (blue trend-line) has supported this price action for the past 2 weeks. The time XLM hit the 1W MA200 during the previous Cycle, it failed...
In the realm of crypto, Stellar claims its throne, XLM shines bright, a trade strategy to own. Fibs and channels, a flamboyant affair, Unleashing gains, with a confident flair. With parallel channels, we set the stage, A path to follow, as profits engage. Fibonacci's charm, in the 0.786 zone, Where the lower trendline beckons us to own. Stellar's dance of...
We have seen from Stellar in the past that after a triangular pattern ended, an impulse uptrend wave started. Now, a similar pattern has ended, and it seems an impulse wave has started. Let's see if Stellar can reach high or not.
I see a very important demand area that can reject the price Anyway, I will wait to get confirmation and enter into the transaction with more confidence Although it has a good risk-to-reward ratio
The price is currently trading below a confluence of monthly and weekly resistance. It had an attempt to break this resistance a few months back but could not succeed and it fell back to the weekly support again. That support provided the strength and the price bounced again to that confluence of resistance. The price is again facing pull back from that resistance...
Hello Crypto Lovers, This is a 1D frame analysis for XLMUSDT After hitting the second support line, the price had a slight dip but the buying pressure pushed the price back up above the support line. Since then, the price has been able to gain 38% progress. Currently, the price is facing the first resistance line and there is a possibility of a correction if it...
Litecoin Technical Analysis #Litecoin is currently trading at $85. As per the chart, I am expecting some upward movement before the #LTC halving, followed by a further downside move. The maximum upward movement could be $130, while the downside move could reach $50. A price of $50 would be a great buying opportunity for the long run or the next bull market. The...
seems Like Getting Ready For Another Bullish Wave Falling Wedge Breakout & Retest Has already Done Now Formed Inverted Heads & Shoulders Incase Of Breakout expecting Another 100 to 120% bullish Wave
This trade is based on the idea that the bear market bottom is in for XLM and that it gradually increase in value until the next bull market top. As seen on the chart, we can draw a bullish channel on XLM's price chart. The top of the channel is the target, the stop is just below the channel's support. This trade has a massive risk-reward ratio because it's a...
Price is above the middle line of a daily up channel Possible move back down towards a dominant trend line and then continuation up from there Bars pattern illustrating a guessed structure.
We are in a resistance zone, which are red lines, in the first step, it can react to the green box, and if there is no support, it can touch the lower lines.
Stellar / XLMUSD is having the strongest 1day candle since March 21st, which was the bullish break out candle half way of the uptrend leg that peaked at 0.1145 on April 1st. That sequence pulled back first to the 1day MA50 before completing the end of March rally. With the 1day RSI deep into the overbought zone, it is highly likely to see a repeat of this...
Hello, Traders! Today, I want to share an exciting technical analysis finding on the cryptocurrency Stellar Lumens ( LSE:XLM ). A falling wedge pattern has been identified, indicating the potential for a bullish reversal in the near future. Let's dive into the details! 📈 Ticker: LSE:XLM 📅 Timeframe: Daily Chart 📊 Pattern: Falling Wedge 📉 Understanding the...
I have XLM finishing up a HTF long term wave 2 bottom here, wave 3 lands around $11
On the daily chart, XLMUSDT still sits on the 61.8% Fibonacci retracement support. We can clearly see higher highs and higher lows pattern, indicating the validity of a long-term uptrend. The price for buyers is looking attractive, especially after the most recent price drop.
Hello dear friends, *Mars Signals Team wishes you high profits* This is a daily time frame analysis for XLMUSDT.1D We are in the daily time frame. As you can see, the price is fluctuating on our first resistance line and we have 2 scenarios in mind. If the price can penetrate and stabilize above the line, we expect to rise to the second resistance line. But if...
Noticed there’re quite a lot of bullish ideas on XLM shared. I’m also bullish on the long run, but see no reversal signs yet: XLMBTC is weak, EFI and RSI aren’t showing any divergences. I believe more downside is coming and I will consider to step in at 0.08$ area for mid term exposure all the way up to 0.16$ of the upper boundary of the bullish megaphone. Thoughts?
Hello my Friends. Let's take a look at my thinking which is that we should sit on support and see some nice run over the 14 days. I don't mean only now a coin like XLM, but many others. What I like about this chart is the similarity of how the market behaves. Here we see that we are sitting on the range. I am currently slightly below the range and if we are able...