Xlmusdtechnicalanalysis
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.
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This is NOT a FINANCIAL ADVICE . This is just my point of view on the current situation.
XLMUSDT (stellar) Wafting for the Bull Run!XLMUSDT (4H CHART) Technical Analysis Update
XLM/USDT currently trading at $0.42
Buy-level: Above 0.44 (only buy if 4h candle closes above the resistance line at 0.44
Stop loss: Below 0.38
Target 1: $0.470
Target 2: $0.530
Target 3: $0.60
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Stellar (XLM) is in the rising channel.Stellar (XLM) is in the rising channel. Continuation is likely.
Price is coming to the desicion point resistance line vs rising support line.
It's about to turn bullish on 4h chart.
XLMBTC price is also sitting on long term support line.
Not financial adivce.
Trade carefully and good luck!
XLM BULLISH!, Next Target 0.7746 Minimum, New ATH < 20 DaysHi everyone,
CHART Analysis
I'm very bullish on Stellar Lumens and see a huge jump up, the price is currently moving above strong support, and ranging within an ascending wedge.
Once we Push Above 0.517, out next resistance is at $0.61 & and once we breakout from that resistance and flip it to support we should rally a minimum of 25% to 125% depending on volume, BTC price & market sentiment and the white energy that is building up on the 3-day, 5-day, and weekly.
XLM will aim to break its previous ATH of 0.98 and reach the 2.618 fib level of $1.06, I then expect a small retrace, and them we can gear up for $2-$4
Also, looking at the bottom of the chart we see that the green line is crossing the Red RSI going up which is a good sign indicating that prices are going up.
Something interesting I noticed is the consistent pattern XLM has been printing and calculated some numbers, I found out that XLM has been spending 19.6% less time between every peak and the following one.
so if that remains the same we can expect the target of $1.06 by March 10th
Fundamental Analysis:
Furthermore, XLM is fundamentally better than XRP and is decentralized.
Remember, XRP jumped from 0.19 to $4.51 during the last ALT season, and with XRP being in muddy waters due to the lawsuit with The SEC, we can only expect XLM to continue rising.
As BTC stabilizes and ETH exhausts from reaching higher due to ETH-Killer Tokens, inevitably money will start to trickle down from top 5 Coins by Market Cap to XLM.
There are numerous partnerships being announced regularly, making XLM THE LEADING PROJECT in its field.
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Other interesting news that could have a positive affect on XLM price:
"Ripple, SEC Say Settlement Unlikely Before Trial Over Alleged Securities Violations" - Published on Coindesk within the past 2 days.
This is not a financial advise. DYOD&R.
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XLM/USDT : Bullish flag on 4H TF BITBAY:XLMUSDT
Hello everyone 😃
XLM had a breakout from last ATH's resistance.
Now it's formed a Bullish flag here.
We expect a rejection from flag at 1st but major target is 0.8$
📍 There's 2 buy zone, 1st at support line and 2nd will be above flag after breakout.
🔴 MACD is being Bearish, So any candle closes below 0.5$ will change direction !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
XLM BREAKING OUT OF DESCENDING WEDGE. BULLISHABOVE HERE WE HAVE A CLEAR CANDLE BREAKING AND CLOSING ABOVE THE RESISTANCE THAT WAS CREATED BY THE MOST RECENT HIGH. XLM HAS BEEN REPEATING A SIMILAR PATTERN AFTER EVERY LEG UP THAT ENDS UP TAKING ABOUT HALF THE TIME OF THE PREVIOUS ONE UNTIL BREAKOUT.
I just realized caps on lol, oops!
XLM has been moving within this channel since November of last year, if we break above, then we are headed towards the 1.618 fib which is $0.73, then if the white energy is there then we can go up to $1.12, fib 2.618.
Regardless if we break out of the channel, I think we should still be going up from here.
Please like, follow, and share if you agree.
and if you don't, please explain why!
I hope we can all learn from each other and teach positive things.
DYOR&D. Not investment advice, merely my opinion.
Cheers
ExpoGains!
Can we now be on an impulse kick in XLMUSDT DAILY?Technical analysis regarding the price of STELLAR in relation of dollar Tether for the next scenarios, based on 4 hour movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
XLM - 4h. Buyers are preparing for test $0.36For almost a month, the XLM market continued to correct a strong wave of growth, which buyers organized in early January. The price of XLM was moving smoothly in the global triangle.
On January 27, buyers managed to break through the top line of the consolidation triangle and start a new wave of growth.
As you can see in the chart, the main problem of buyers - the mark of $0.36. It is in this mark that sellers aggressively changed the direction of price movements three times.
However, cbuyres support is so strong that it allows you to continue the attack of this mark every time.
At the moment, buyers are preparing to break and consolidate above the mark of $0.326 to continue to grow to $0.36.
The critical point of this scenario is the range of $0.307-0.31. After breaking it, sellers will take the initiative in the XLM market and lower the price to $0.276. This scenario will lead to continued correction in the XLM market.
But what are the global prospects for this coin? See in our global idea:
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