# Analysis of the hourly chart on Elliott waves # Ended the five waves of the Elliott downhill rush. # I entered an upward correction in wave A. It might end at 0.3624, then enter face B down to 0.3337, then enter wave C until 0.3894
Stellar Looking good for big move, 0.920 is critical so I'll expect to bounce back down then up to ATH at 1.11 Fibonacci is siting right on 1.11 and my measured move it's sitting right on the price. I'm not financial adviser please do your own research before trading,trading is risky and you can lose your money.
Hello Traders. I hope you are having a great Tuesday. Today I want to talk about XLM. Well as you can see in 4H timeframe, price broke the green area which was ATH an has retested it 2 times and has gone up since then. Now price is moving in a channel and recently has broken out of a purple range and in smaller timeframes has managed to pullback to it. So in my...
XLMUSDT (4H CHART) Technical Analysis Update Cup and Handle Pattern XLM/USDT currently trading at $0.70 Buy-level: Above $0.69 - $0.70 (Wait for the small retracement) Stop loss: Below $0.57 Target 1: $0.76 Target 2: $0.80 Target 3: $0.90 Target 4: $1.00 Max Leverage: 2X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis...
As we can see, price is forming a Cup and Handle which is about to Breakout. - Wait for the Candle closure above the Pink Resistance line. - Put your Stop Loss below the breakout candle or green support area. - Take Profit: $0.975 or Trail it with a Trailing SL. If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your...
XLM/USDT successfully broke out from the inverse head and shoulders pattern it formed on the 4h time frame and is now looking to break upwards past it's ATH and push towards my first TP target at the 1.618 fib extension level ($0.87). Thereafter we should see a second leg up towards the $1 level which will be a large psychological resistance. Once broken, our...
Things to Note: 1. Bullish Market Structure- Printing HH and HL 2. Price forming an Ascending triangle pattern 3. Following a rough uptrend line 4. Volume is low atm but it should expand at the BO P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk
everything is on chart. happy to know your idea.
PRETTY MUCH SIMILAR TO IT'S TWIN- RIPPLE,LUMEN ALSO CREATE HLHH,BULL ABC PATTERN AFTER REJECT THE DAILY SUPPORT ZONE,I SEE LUMEN ALSO MAKE IT STEP TO THE 🚀🌝,🤣🤣🤣
XLM/BTC ratio is either going to break out largely to the upside or remain stubbornly low in the low level megaphone pattern. Large asymmetric trade here, especially if the bitcoin price remains as high as it is.
Alot of people may have been scared off from the volatility over the weekend, but when you take a step back and open your eyes we can all see how healthy and aligned this movement is. Stellar had a perfect retracement to the .382 zone, reach to continue upwards. As you can see, when price hits this major .45 range, there is a price movement of 30 to 50 percent. so...
XLM is currently doing new all time highs and higher lows, which means the market is in a upptrend. XlM broke out the all time high resistance line! Why is the market going down right now ? DONT panic! as we can see in the picture XLM is doing higher lows and it currently doing the all time high RESISTANCE LINE to SUPPORT line. After when the resistance line is...
xlm broke out and hunting for the new all time high on 0.75 on my analysis, it might go much futher becus of the all coin season
There are two possible scenarios green and red paths. 0.6562 would become a support or resistance. If it resist a cup and handle pattern would be possible otherwise a breakout and retest will occur with higher high. The possibility of a resistance is more because of high funding rates. Just an possible idea.