A few weeks ago I made an analysis on XLM. Here I argued that XLM was trading in a bullish pattern since the reversal from the bottom trend line.
With both previous targets close to being achieved, it's time to look a step further.
Since we're trading in a bullish channel for almost 1.5...
XLM broke out of the 4hr bullish pennant pattern with a nice daily impulse to the upside and higher high, i am watching this zone currently during the retest, if this retest is successful and zone holds i am going to enter a leverage long position.
This could be a nice swing trade. $0.41 is a good resistance so i’m looking there as a TP.
Maybe the price comes down for a retest of that trend line but i doubt it.
Good luck!
hi everyone
stellar can be a good long term investment other than having a short term trade on TP1 which I share.
#XLMUSDT Daily
current price : 0.376
Entry: 0.28 to 0.38
TP1: 0.55
TP2: 0.9
TP3: 1.4
SL: close weekly below 0.23
Exchange:Binance, Kucoin
This is our idea. not a financial advice.
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Good luck
XLM is on the support line, if it breaks it upward we can expect to see the midline of the channel or 0.52 dollars. Yet, it might be better to wait and see the confirmation of the ascending trend. 0.41 dollars is an important resistance point to break.
BYBIT:XLMUSDT
4H trend chart
XLM was consolidating as a triangle, and just broke it out.
Now it retests the downtremnd line while all market is falling.
If price can still get support from the trend line or keep at Fib(0.618) around 0.38445 till the closure of 4H candle .
It's a good time to take entry.
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Profit Targets:
a) 0.42435----Fib(1)
b)...
Stellar broke up this triangle 📐 and I think there is chance for run to 0.943 and even higher. Just bought this local range breakout. XLM let's go!🚀
ENTRY : local high @ 0.370
SL : local low @ 0.319
TARGETS : 0.519, 0.610, 0.943
RRR : 2.9 TP1, 4.7 TP2, 11.3 TP3
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please like👍,...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.3678).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XLMUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Around a week ago I made an analysis on XLM. In this analysis I discussed the reversal and the accompanying targets.
As of a few days ago, the $0.34 target has been hit, and we're far from stopping. Currently, investors are well on their way to push the price towards $0.4 and...
#XLMUSDT
$XLM shaped a cup and handle pattern. that can cause more increase toward $0.6 and $0.64 (68%). but for now price struggle to break out from resistance zone around $0.4, and support zone is around $0.33.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.3678).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XLMUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Hi every one
STELLAR / TETHERUS
XLM/USDT has formed a Big Cup and Handle pattern. this Bullish Pattern is gonna Increase the Price of XLM as much as the measured Price movement which is the length between the Top and Bottom of the Cup. The break out has not happened yet but when It happens,we can expect to see XLM at 0.65$
Summery:
-XLM/USDT is in a Cup and...
lol this snail moves so slowly , still on bullish channel despite slowlyness, placing my stop at the break of channel and bottom support, i think it will move to the upsise but be careful
From the previous idea price made a deeper lower and now it showed be near the entry price.
The price completed a small falling wedge pattern and from here we may see a bounce of the price higher.
Targets:
0.3934
0.4141
Thank you and Good Luck!
XLm roadmap to 1.86$
If xlm claims daily base 0.43$ expect push to 0.53$. if reject from 0.43 cent. load up around 0.34/0.35$
Key hold 0.30$ and respect trend support
#XLM maybe worth it to add this coin to your Watchlist. 👀
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Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R)
add to watchlist means the coin we mentioned is...
BINANCE
