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Xlmusdt

XLM/USDT - Possible Bearish BreakoutHello traders and community, today we will tell ourselves shortly about the situation of XLM/USDT Trend analysis - As you can see from the XLM/USDT daily chart, the price of Stellar coin is in range movement (white zone) and prepared for testing new lower prices cause of Elliott 5 waves pattern, that's why we can expect with 55 % probability bearish breakout in the following days as you can see on the white line. I recommend to wait for correct signal before putting short trade position down to 0,31090 price level (support zone). Today's resistance level (red zone) is on 0,4585 price level, support level (green line) is on 0,37421 price level and global trend (orange line) is still bullish, but can be changed soon with bearish movements. Wish you good luck with trading this pair and more information about this cryptocurrency will be provided later. Chart pattern - Bearish breakout (processing) - Elliott 5 waves pattern (processing) Technical indicators - RSI: market is still in boarders and is located near 50 level (not overheated, Neutral signal) - MACD: MAs are prepared for downward movement + they started moving closer to each other and overall trend is going down (Bearish signal) - BB: Volatility of the market started stabilizing after volatile movement accomplished (Bearish signal) - MA (10,20): MA10 is going upward to the level of MA20 (Bull signal) = Overall bearish signal movement Dear friends, please push the like button, write comments below, follow me for more technical analysis and share this post with other traders - that would be the best support, Thank you for your attention! Tell us about your opinion for making better decisions :) P.S.: Information provided is only educational and should not be used to take action in the market.
Short
by PrizesRises
Stellar (XLM) - March 14Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. -------------------------------------------------- ----- We need to see if we can get support and climb in the 0.41066231-0.43554974 range. In particular, we have to watch for movements that deviate from the downtrend line. If you fall from the 0.40424868 point, you can touch the 0.336 point, so you need to trade carefully. If it falls at the point of 0.31499658, a Stop Loss is required to preserve profit and loss. Compared to the movement of the XLM price, you can see that the trading volume has decreased considerably. It remains to be seen if the centrality can rise as the green of OBV in the volume indicator increases. In the CCI-RC indicator, it remains to be seen if the CCI line rises by more than 100 and breaks above the EMA line. When the uptrend begins, it is expected to rise above the 0.53372627 point. The next volatility period is around March 18th. -------------------------------------------------- ------- (Binance XLMUSDT 1D Chart) We have to see if we can get support at 0.40587 and ascend above 0.43713. In particular, we have to see if we can get off the downtrend line. If you fall in the 0.37041-0.39265 range, you can touch the 0.30368 point, so you need to trade carefully. If it falls from the 0.30368 point, a Stop Loss is required to preserve profit and loss. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Market price at the time of opening (Example) Gap (G1-G2)
BITTREX:XLMUSD
by readCrypto
XLMUSDT (STELLAR) - POTENTIAL BUY ENTRY ANALYSIS 🔎 - XLMUSDT brokeout above the descending trendline resistance and retraced - Price is testing the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - Price action is printing the falling wedge (FW) pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the falling wedge's resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). SETUP INVALIDATION ❌ - Breakdown below the falling wedge's support. - This breakdown will probably lead to the retest of the horizontal support level (S1). - Which if it holds, will lead to the formation of the double bottom bullish reversal pattern.
Long
by Chibuike_Odoh
4
XLMUPUSDT (XLMUP) - POTENTIAL BUY ENTRY ANALYSIS 🔎 - XLMUPUSDT has been ranging since December 2020. - The market is testing the ATL support. - The downtrend to the support was resisted by the descending trendline resistance (DTR). - Price brokeout above the descending trendline resistance and retraced - Price action is printing a falling wedge (FW) pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the falling wedge's resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - ATH (All-Time High) resistance. SETUP INVALIDATION ❌ - Breakdown below the falling wedge's support. - This breakdown will probably lead to the retest of the ATL support. - Which if it holds, will lead to the formation of the double bottom bullish reversal pattern.
XLong
by Chibuike_Odoh
XLM/USD - Trend ChangeThe daily chart has had a bearish trend for a long time, but upon closer inspection on the 4 hour chart . We can see that there was a bullish trend while that trend was broken, and the daily chart and 4-hour chart confirmed that a bearish move could be expected. The correction can continue until strong support is reached. There is also a possibility that another support level will stop the downtrend. If you like ideas like this, please like and subscribe to this channel so as not to miss another technical analysis . Write your opinion about it in the comments. I would like to discuss this with anyone. This is NOT a FINANCIAL ADVICE . This is just my point of view on the current situation.
KRAKEN:XLMUSDShort
by GetSet
XLM/USDT - Possible Bullish W PatternHello traders and community, today I will tell you shortly about situation of XLM/USDT Trend analysis - As you can see from the XLM/USDT daily chart, we are currently going upside and completing bullish W pattern (yellow line) as most of other cryptocurrencies. Price of Stellar is going to test resistance level (red price zone: 0,51886), that's why we can see good opportunity for bullish trend. Support level (green line) stays near price zone of 0,375 and global trend is bullish as well. As a trader, I recommend to close buy position up to price level of 0,51 and also compare my possible scenario (white line on the chart) with your own strategy to be prepared for different situation. Always control chart for right signals before you start trading! Chart pattern - Bullish W pattern formation (functioning) Technical indicators - RSI: market is still in boarders and is located near 50 level (not overheated, Bull signal) - MACD: MAs are near 0 level + they are getting closer to each other (Bull signal prevail) - BB: Volatility of the market started stabilizing after volatile movement accomplished (Neutral signal) - MA (10,20): MA10 is going upward to the level of MA20 (Bull signal) = Overall bull signal movement Dear friends, please push the like button, write comments below, follow me for more technical analysis and share this post with other traders - that would be the best support, Thank you for your attention! Tell us about your opinion for making better decisions in trading :) P.S.: Information provided is only educational and should not be used to take action in the market.
Long
by PrizesRises
6