The main view of this trade idea is on the 2-Hour. Stellar (XLM) appears to be in an ascending triangle setup as illustrated in the chart. After finding support around the 0.20 price level the cryptocurrency is now 38.6% higher at the time of publishing, facing resistance around 0.275 zone. As per chart pattern analytics, if XLM pattern were to be...
BTC suddenly pump a couple grand yesturday and led to some alts pumping up. People might fomo which looks good for longers!
- Chart Analysis
- For the past month, XLM has been following a descending trend and channels nicely with my lines.
- Yesturday, XLM slightly broke my line.
- Only time will tell if this is a bull trap/rejection for...
Xlm has found support around 20 cents and short term support above 25 cents
Xlm has seen a massive retracement from the recent high nearly 3x the current price, people were willing to pay 80 cents for it not to long ago so why should you be afraid to buy it at 25 cents? Some of you guys really need to pick a project you can get behind and stick with it instead of...
XLM looking kinda juiced IMO.Put the buy alert out in the group (link in my bio). Prolly Worth a shot. It's also an amazing coin to HODL IMO. The FA is absolutely insane. The real world is using Stellar lumens everyday....
Dear Traders: A possible scenario is shown in the chart.
I think a pump (without any prior notice) is possible (Max Next 24 hours). Now, Stellar (XLM) is on my Watchlist.
Stop-loss is your smart friend, Smart friends make us smarter ;)
What's up trader's, investors and all the delusional moonboy newbie's. Here is an update on XLM! This analysis is more of an eye opener if anything. We just had a nice bounce from our buy zone on the retest of $.20. Yes I loaded up, and just closed my trade last night at $.267 after taking profit on the way up. The only XLM I'm holding right now is about 10k worth...
RSI indicates normal value. MACD is nearing a buy signal. We are just beginning to break this bearish triangle and continue up this bullish wedge. Watch closely. Could be another push for $0.27 here in the next hour. Here's hoping.