XLM is starting a huge bull market right now! 2000% profit is real, and in this analysis I will tell you why!
This is the macro outlook on the 3D/weekly chart. The previous bull market from 2020 - 2021 was very impulsive, and this proves how strong this coin is.
We can clearly see a falling wedge or a bullish flag pattern that is very close to an explosive...
Likely completed a HTF running Flat which is as follows :
Wave B extends beyond the start of wave A
Wave C finishes above the end of Wave A
Wave A must breakdown into 3 sub wave ABC
Wave B must Breakdown into 3 sub wave ABC
Wave C must subdivide into 5 waves (in the case of XLM an Ending diagonal)
the ending diagonal is a precursor to a strong reversal.
If you believe in the bright future of the Stellar project and want to buy XLM, then we have good news for you.
The XLMUSDT price came to the liquidity zone of $0.65-0.85 in which it is justified to place "buy orders with a grid".
It seems that in general, the XLMUSD price is approaching the end of the falling trend
And purely theoretically, a good potential...
#XLM Falling Wedge formation in HTF timeframe Chart ..
Seems like Bottomed out & Ready for a Bullish Rally.
In Case of Wedge Upside Breakout, Expecting +200% in the Midterm
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
Who is gonna be stronger?💪 This is comparison XRPUSDT / XLMUSDT , so if the:
*price is going up, it means XRP is stronger than XLM
*price is going down, it means XRP is weaker than XLM
My last analysis (11/08/2022) of this pair anticipated the Head and Shoulders but the pattern has not been actually triggered as the neckline has not been broken and the formation...
I wanted to write about XLM (Stellar)... It's been a while.
This is a better example of endless opportunities. This one is essentially still at the bottom.
Let's keep it ultra simple shall we?
The RSI is super strong yet XLMUSDT is near its lowest price in years.
Normally, you get a strong RSI when everything is going up and growing.
When things start...
Hi Traders, Investors and Speculators of the Chart📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩(will be moving to corporate some time in Jan 2023)🏫
Recent reports have surfaced and made headlines as...
Past Performance of Stellar
Stellar may be up 30 percent from December lows but is trapped below a critical resistance level, reading from the formation in the daily chart. Overall, traders are confident of what lies ahead. All the same, there must be a solid gain above December highs for trend continuation and confirmation.
#Stellar Technical Analysis
Currently, the price of XLM is inside a narrow bullish channel, and if the bottom of the channel is broken, the price correction could continue to the range of $0.082-$0.081.
A stronger and more confident support level is located in the $0.077-$0.079 range, which could once again create a strong demand zone.
XLMUSD looks ugly , not different than other coins.
The price broke to the downside of the descending triangle pattern.
We already saw a successful bearish retest and previous support now is acting as a resistance. We're expecting 18- 20 % dump soon.
Target shown on the chart.
XLM had good price increase over the past week. In the previous analysis, we had given the possibility of a reversal according to the double bottom pattern formed, which was confirmed exactly by the breaking of the resistance of the $0.0725 range, and the pullback to this support caused the price to grow to a higher resistance in the $0.075 range. One of the...