XLM is moving in an ascending line and the pattern looks bullish to me.
I have already touched point A of ABC pattern and I think it should meet point B at around 0.31 zone. where
How far it can drop from the current potential for another support.
Always set stopLoss.
Best wishes.
XLM is moving in an ascending triangle and the pattern looks bearish to me.
I has already touched point D of ABCDE pattern and I think it should meet point E at around 0.31 zone. Post this there should be a major DIP.
How far it can drop we need to wait and watch.
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XLM- As stated in previous analysis XLM is and was a strong buy at .23-.25c Reasoning is that the chart is very clear and clean to me, after 5 waves up in the primary cycle XLM completed a near perfect ABC correction inside of a falling wedge pattern. A falling wedge pattern is very bullish pattern b c it show bearish selling exhaustion , meaning bears getting...
#XLM USDT 4H CAHRT ANALYSIS...
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Xlm Now Sitting Just Above The Strong Support Zone. Where Daily 200 Moving Avarage Working As A Support. So Price Should Hold This Support Zone As Well. Otherwise We Will See Again Bearish Move In Xlm To The 0.235$
Stellar currently occupies the 17th rank on CoinMarketCap’s list with a trading price of $0.45 and a market capitalization of over $10 billion. In the past 24-hours alone, XLM saw its price surge by over 6 percent and is now close to breaching immediate resistance at $0.46. However, if the trend were to see yet another reversal, XLM may have to rely on the $0.41...
After a strong wave of decline that continued in the XLM market from February 14 to 23, buyers were able to feel confident in themselves. The main prerequisite for this confidence is a liquid price zone of $0.31-0.33. This range first stopped a powerful wave of XLM price growth back in January 2021. Now it serves as a support for buyers and a critical point of...
In just two months from the beginning of 2021, a quality rally took place on the XLM market. The price of XLMUSDT has grown by more than 350%. During this time, buyers managed to update a high of 2 times. Good dynamics, but is there enough potential for buyers to maintain this pace?
If you analyze the first wave of Stellar price growth, you can see a sharp...
It took three days for buyers to raise the price of XLM by 20% . It took the sellers one hour to lower the price to the starting price. Such facts make one wonder what could happen to the crypto market in the event of a sharp correction . Given the rapid uncorrected growth of BTC - this probability is quite high.
However, buyers have now managed to keep the...
For 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...
Seeing an inverse head and shoulders pattern on the 4h chart. Looking very bullish for an imminent breakout to test the .44 range and then get continuation into parabolic price discovery mode. So much good news for the Stellar Lumens XLM lately. Mega Bullish here. Short term support .2615 short term resistance.30
I started forming a bullish positive channel, which I think is a good opportunity to enter
Bottoms are entry points and headers will be selling points.
Do not enter the currency with all your capital, if the bullish pattern is broken and the exit from the price channel to the bottom falls, the pattern will fall, you will place loss stops at the bottom before the...
Currently, the XLM the channel broke the bearish price. If the next 4-hour candle closes above it, you will try to bounce back up again and try to enter the old positive price channel if you break the strong support at 0.18250 area.
what is your opinion ?
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