Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about XLM
XLM Descending Channel Formation in Weekly Timeframe..
In Case of Upside Breakout Expecting Massive Bullish Wave📈
Hello dear friends
It seems that we can consider the possibility of forming a tangent head and shoulder with the support zone.
The above scenario is valid under the condition of maintaining the price range of $0.102.
What do you think?
Yes, everyone's bullish on XLM, but maybe we have to break some resistance levels for the bulls to take over. so far, xlm does not have the strength break through all the resistance levels ahead of it. long term, i've been bullish for a long god damn time, but we need to see xlm break these levels if we want others to jump in.
XLMUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
💎 XLM has recently shown significant market dynamics, with a successful bounce from the demand area.
💎 Currently, it is moving upwards towards the Bearish OB (Order Block) + supply area. If XLM manages to break out successfully upon reaching the supply area, following previous rejections, probability we may witness a substantial upward movement toward our target...
There is a downtrend on the XLM daily chart that has retested successfully and formed an inverse head & shoulder pattern. The RSI has also bounced off a support level as well as tested a resistance line both coordinate to the trend and pattern analysis. I predict a bullish swing that will fill up to the top of the downtrend. The volume is also indicated a bullish...
BINANCE:XLMUSDT (4H CHART) Technical Analysis Update
XLM is currently trading at $0.117 and the price is currently trading at its strong resistance zone which got rejected multiple time.
We are looking for a LONG trade opportunity if the price successfully breakouts from the resistance zone.
Successful breakout will push the price to next minor resistance...
We anticipate BTC to potentially reach the $23,700 level before a potential upward rally. If the support at $23,700 holds, there is a possibility of a 50% price increase from the Neck Line support, with a target of $36,000.
In this post, I'll tackle the pattern formed on BINANCE:XLMUSDT which is a bullish pattern, Adam and Eve. As of this writing, the price already reached the neckline, which is critical for deciding the next move. On the thread below, I'll provide what would be my approach for the coin through my technical chart analysis.
Hello everyone!
I believe we have a good opportunity to buy #XLM and earn up to 44% profit.
Entry at 0.236 Fib (0.1182$)
First target - 0.1529$
Second target - 0.1712$
This is not financial advice, everything you do, you do at your own risk!
#XLM #XLMUSDT #Analysis #ShortSetup #Wychoff #Distribution #Eddy
(("All the relevant areas and explanations on the chart are clear and clear, the trading setups need to get confirmation to enter, if you don't know how to get a trigger and confirm entering into transactions, this analysis is not suitable for you, the above analysis is for professionals. and if...
There is absolutely nothing here to see. This is a simple trend analysis and it shows me that the price of stellar is very likely to take off from where it is.
Today was an incredible day for many cryptos, and not so much for others. But one thing you can be sure of is that XLM has been spending the past two weeks forming a perfect head & shoulders pattern on the 30 minute chart that, assuming it plays out bullishly, is almost near the take off point!
If price action breaks out of the dashed white line at the top of the...
What's one of the most profitable businesses you could do?
One of them would be payment processing.
Just look at the success of Square, Visa, Mastercard, PayPal, etc.
That's how Elon Musk got most of his capital to be able to start Tesla & SpaceX, by selling his PayPal shares.
But did you know that in 2011 Elon Musk invested in an upcoming payment processor...
I really have no idea if we will go up or down at this point. i just spotted a falling wedge and it looks like price has broken out of the wedge. i would not claim that this is a bullish structure because all my bullish analyses have been wrong so just make your own conclusion and leave me out of it.
