Forming a pattern of two bottoms
Stellar will face a correction in its upward movement. By forming a pattern of two bottoms, you can make your trade.
Also, in the end, an upward trend is predicted for Stellar as well as the whole market
CRYPTOCAP:XLM is breaking out of 3 month bull flag.
Targeting $.25-.37 on the upside.
The first major resistance should be around $.22 which is the target of the flag.
Let's see what happens over the coming weeks.
Trading volatility decreased.
Price and RSI chart formed convergence on 1H TF.
I believe that the asset will start reversal after the price fixing above the resistance level.
The indicator on the 1-day chart indicates oversold conditions. We have an imbalance zone. And good support that the bears cannot break through. There is also a smaller goal - the exit from the wedge. But I expect a major movement with an overshoot. 1:5 is good enter point
Here i highlighted on the chart, this is good bounce zone for XLM, if #BTC does not dump , #stellar may bounce from this area and move up. NOT FINANCIAL ADVICE.
#XLM icin guzel bir bounce alani oldugunu dusunuyorum , bu destek asagi kirilir ve 4s kapatirsa stop olmak gerekir, #bitcoin de dump olmadigi surece bu destegin calismasini umarim. Yatirim tavsiyesi degildir.
This is the BTC pair for XLM
As you can see it is settling just above a horizontal line in white that has been seen as support (in green circles)
I expect to the breakout to be quite aggressive just as the prior ones, hence the bars pattern in green up to the horizontal resistance level.
A support has formed along this trend line above the double bottom below
I believe this will be a point of recovery for XLM
The trend line can be seen due to the points of both support and resistance.
Stellar Lumens LSE:XLM
Shared originally elsewhere and forgot to post here. Since then we had this 16% drop as expected.
This sort of scenario would not surprise me and would be a great opportunity buy off of some strong support. That being said an entry on the 200 day SMA could be considered but its clear to me where the ideal buy zone is. Long term spot...
Hello everyone!
I suggest taking a look at STELLAR (XLM).
After a explosive growth, the price of the asset has started to correct and in my opinion, it is currently at a good entry point. Although it can be seen on the chart that a level of price support has formed, and the price is also rubbing against the EMA 200. Entering from here might be a bit risky, but...
We have a long signal on the daily indicator. These are short term goals. I expect 100% completion on the hartley. There will also be continued growth after these values
XLM fixed above 50EMA (1H TF)
Trading volumes remain stable.
RSI is around neutral values.
I expect the price to rise after fixing above the resistance level.
hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- On the other side of the spectrum was stellar (XLM), which dropped by over 8% in today’s session.
XLM/USD bottomed out at 0.1195 on Wednesday, less than 24 hours after residing at a high of 0.1318.
This drop in price saw the token fall for a third consecutive day, falling below a floor of...
Hello Traders,
Here is the monthly chart of Stellar Lumens looking at this purely from an Elliott Wave perspective. I know little about the technical details of the protocol/token etc.
From an EW perspective price looks to be inside a bullish wave 3 with the target at the 1.618 extension.
Lets see what happens.
August seems to be calm, but at the beginning of September we are up
xlm and xrp are big competitors to each other and we will soon see a strong rise in both
I will let you know when I participate because I will probably buy a large amount of Stellar since the profit seems to be hundreds of percent
If you have any questions, I will be happy to answer them
and...
hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Stellar (XLM) rose to a three-day high today, as bulls continued to target a key price ceiling.
XLM/USD hit a high of 0.1271 earlier in the day, less than 24 hours after trading at 0.122.
The move comes as the 10-day (red) moving average approaches an upward crossover with its 25-day...
In this engaging video, I've dedicated a significant amount of time to reevaluating my perspective on market trends since 2017. I recognized the importance of taking a break from intense analysis to shed any preconceived biases in my wave counts, enabling me to approach the charts with a fresh perspective.
Today, I'm excited to share my updated perspective on the...
Stellar Lumens - A Hidden Opportunity
I cover the chart first and then some positive fundamental's and tokenomics.
The LSE:XLM Chart
I located and plotted trigger points, boundaries and of course a time structure.
There is a clear bull/bear time pattern. Open the chart and see the months and see how they move in similar increments both by month and by...
