XLM inverse and head and shoulders possible bottom is in.XLM is forming a possible head and shoulders. A possible bottom is in for XLM. I think right now is a really good time to buy and accumulate this coin.
XLMUSD.P trade ideas
Stellar Lumens XLM Dumped Once Again But Still Has Big PotentialHi friends hope you are well and welcome to the new update on XLM:
Fake out:
On a 4-hr time frame, a few hours back XLM was breaking out the down channel but infact it was a fake out. Because, after breaking out while re-testing the previous resistance of channel as support stellar has re-entered the same channel.
Long-term support zone:
Now there is a long-term support zone that starts from $0.18 and goes to $0.16. Right now priceline of Stellars is moving in this zone. This support area has been working as strong support and resistance since Mar 2018.
Huge wedge formation:
On the monthly time frame, there is a huge falling wedge has been formed. Previously in the same time frame, XLM broke out a big channel and started a big bull run. Therefore, after breaking out the current wedge we can expect the same move.
Conclusion:
On the short term, there is a sell-off, but in the long-term XLM has a huge potential to start a massive move.
Note: Above idea is for educational purpose only.
XLM SHOULD BOUNCE BACK UP!- As you can see XLM has broken out of the trend line to the downside!
- We should touch back down to $0.13 and then continue to the upside!
- DCA INTO XLM - still a great entry (NOT FINANCIAL ADVICE)
$XLM Bullish Shark / GartleyXLM giving us the confirmation low of the larger Bullish Shark here with a 1.13 rejection at the PCZ.
The smaller Gartley reached the .886 and engulfed nicely as most time scales are diverging bullishly.
The whole market looks primed for much, much higher prices after Powell spoke today
DXY is topping out and beginning distribution which is confluent with the ideas we've been going over across the crypto market.
$XLM Read description- MY OPINIONSomething else to think about. Not everything is TA. No good or bad news has hit XLM. Where would be the rush to sell? The weight of BITCOIN and ETH is the problem. If XLM & XRP disrupt those two heavies, then anticipate them to go down. Money will have to be funneled to new projects. Don't be surprised when those two projects fall, also anticipate that event to pressure ALT coins.
Just like the stock market. Top companies carry too much weight which affects the market. Is that centralized behavior or decentralized behavior? Also in the stock market, there is ALWAYS a purge. Many things/events/excuses cause these events. (ie. Wars, 9/11, 2008, public health...) Old poorly ran companies fault for overspending or do not have solid foundations will not withstand the shake. At that point, new and improved companies that are just starting take over "probably with solutions of those that fell"
I can see it 3 different ways. 1. BIT and ETH drop like a rock crashing ALL the markets w/ a dead cat or two. ISO20022 then replaces the system. 2. A slow funnel out and into ISO20022 compliant. 3. ISO20022 will prove itself to the Crypto Market, and demand respect, which will then hurt BITCOIN and ETH. With ongoing litigation.
How will this all play out, no one knows. RESEARCH ...
Stellar: longThe price formed a falling wedge. We expect a breakout to the upside. 100 day-moving average and 50 day moving average are about to cross (Golden cross).
Invalidation: 0.14
Target price: 0.48
entry point: break out of the falling wedge with a high volume
A Break From the Current Range Will Determine the DirectionStellar Lumens has been moving in a bearish trend since the summer of 2021, creating lower lows after periods of consolidation. Currently, the price is channeling in a horizontal range after breaking down from a descending triangle pattern early in 2022. The price now has once again arrived at the support level. For a bearish continuation, price needs to clearly break the support level of 0.1600. For a bullish reversal, price first needs to clear the resistance of the channel, which is 0.2400 level.
Xlm small dip before lift off Looks like were approaching the bottom for this formation mega buy area 15-16 cents before breakout. Massive move inbound
XLMUSD ❕ back into the downtrend channelThe XLM price returned to the downward channel on higher volumes and broke through the 50MA on the 1H Timeframe. Now there is a local decline along with a decrease in volumes. I expect the retest of the support level, fixing above it and reaching the resistance level.
S%$# going to get realISO20022 If you do your DD with a little bit of metrics you will get fn paid. Always share and love others as we were intended<>
XLM (stellar) price highs for 2022 and 2028I am using a Modified Schiff Pitchfork and an ascending channel to show the possible price targets for XLM on a weekly chart. You can see how XLM has been respecting these low points on both the ascending channel and the MSP (modified schiff pitchfork). This is extremely crucial to take notice of as xlm is respecting this bottom already three times (in 2017 $0.0018, 2020 $0.02, and 2022 $0.17) as shown by the yellow thumbs. XRP has a similar chart as XLM came out of Ripple's loins with Jed McCaleb at the helm. I am extremely bullish on this chart long-term. Can we break this channel? Most certainly we can break this to the downside as nothing is guaranteed but I highly doubt it, my opinion only.
Also, take notice of the top for xlm in 2017 hitting a high of $0.99 which represented a 51,000% increase. If we carry this over to the next possible cycle top for 2022 and 2028 we see a $99 price and into the thousands by 2028.
XLM/USD Secondary trend. Timeframe 1 week.Timeframe 1 week. Dragon pattern has formed. There are attempts to break through its resistance. Rollback after a breakdown of the downtrend (ridge of the Dragon). This Dragon (its first part) is a potential handle to the cup (pullback) on a large timeframe and scale (1 month).
Next month, protocol # 18 is triggered. 3 11 21 .
Coinmarket: XLM
Notice how technically and predictably a sequence of pummels by a rather large percentage (220% 300% 160% 100%) and the same pullback (complex %) moved the price in the spring pump.
All of these moves are in my trading ideas as I am an active bidder on this coin. Spring pumping +1000% from accumulation.
Here is my non-public trade idea posted 13 10 2020 at the beginning of the nucleation of this secondary uptrend (pumping sequence).
XLM/USD Secondary Trend Manipulation with Chart Distortion
This secondary trend zone is in the primary trend.
XLM/USDT Primary Trend. Channel. Cup. Timeframe 1 month
TRYX ANALYSIS | XLMUSD |XLMUSD if the crypto market enters a bullrun, then the best entry would be at $ 27 because then it will exit the bearish structure and start a bullish market structure.
Stella (XLM) Second Bullrun is hereFrom its inception, Stella xlm has just one bullrun so far. The second bullrun is now knocking. What I mean by bullrun is a situation where the price of a coin multiplies by up to times 10 or above from its present price. That is to say if Stella second bullrun should hold as anticipated, its price should move to 10$ to 20$ at the end of its second bullrun.
Let me briefly explain how Stella moves in its first bullrun. What it did was to fall/crwal/accumulate for about 31 months with a breakout in April 2017. April 2017 breakout started the beginning of bullrun. At the end of the first bullrun, Stella increased by 17,777% by checking the price from the breakout.
Stella first bull run took this format: April 2017 breakout; a short pullback for like four/five month and first bullrun completion in Jan. 2018.
As at now,Stella is for sure on its way in second bullrun. The bullrun breakout started in July 2020 and rise significantly since then before it started its pullback like in the first bullrun.
Looking at the image with this post,
The first bullrun: the black lines are accumulation/falling zone with breakout; the white box was the pullback and the orange line was the bullrun.
The second bullrun: the green lines are accumulation/falling zone with breakout; the orange box was the pullback and the blue line was the bullrun.
Kindly give your comments and tips to encourage me doing more.
My Stella wallet: GB2DF2PNTFDJ76TGXQF3QIO42MCRDXKDDBNH233NV5H6CYEM2G42V6XI
Eth/BSC/BNB Wallet: 0x3B7719acA2076DEFa29CADDE338dA8881747Ee62
STELLAR - Not sooner than 12 CentTRIGGER is required for any arrows on the chart. Please read below:
After a 5-wave bullish market for COINBASE:XLMUSD , it is experiencing an ABC wave correction. The correction wave would not be ended up until reaching the zone 12 cent. However, if we see any trigger meanwhile, it can be used as a long position trigger. I personally will wait for the breaking of the channel and a pull back as the mentioned trigger.
XLMUSD ❕ boundary of downtrendThe volatility of trading on Stellar has increased, the volumes on the local correction decreased, and the price reached the upper boundary of the descending channel and is now trading above the liquidity level, forming a Flag pattern. 50MA crossed upward 200MA on the 30m Timeframe. I expect fixing above the upper border of the channel, and after reaching the resistance level.
XLM/USD Daily M patternFundamental: The COT data for Bitcoin is net long, and the largest amount shorts were closed since beginning of January. Banks are taking profit on their short positions from the bear run. XLM correlates with Bitcoin.
Technical: There is a daily M pattern that has formed depicted in white (bullish). This pattern completes at the neckline depicted by green. The weekly chart has printed a inverted head and shoulder depicted by blue (bullish). Lower timeframes will be analyzed to determine entry point.
XLM potential massive gains soonThere's a possible reverse head n shoulder pattern and if the 5 wave pattern follows the 3 scenarios (blue red white) we'd be look at some massive gains to the upside.
XLM Breakout.What are you doing guys we are just got a new bull why are not you buying . XLm going to $3 . Don't hassitate to buy grab and sell at 10x the bull is on the road. OmG don't misss the bull market.
XLM/USDT momentum favours upside?After spectating the market movements today I decided to initiate a further position. XLM/USDT may go upwards from current region to test previous support at $0.20.
Double bottom has been set on the charts. RSI and MACD also point to a potential upside move.
This is not financial advice.
Stellar Lumens Daily AnalysisStellar Lumens’ price has been on a steady decline since April 4, 2022, when it has lost over 20 percent of its value. However, in today’s trading session, the cryptocurrency is showing signs of a bullish trend, gaining around a percentage point.
Unsurprisingly, in the last 24 hours, the cryptocurrency has seen its trading volume fall by 28 percent. This has brought the total amount of money used to trade in the last 24 hours to about $338 million. Although the trading volume is still significant, a 28 percent drop can impact a cryptocurrency’s price, causing a fall in price.
The daily chart below shows that Stellar Lumens is in a strong, bearish move. This includes the fact that it has been trading within a descending channel since late last year. The chart also shows the prices recently hit the upper trend line of the channel. The prices are also coming down from the upper trend line resistance level.
Therefore, even though today’s Stellar Lumens price looks poised to gain in the markets, it is still in a strong bearish move. Today’s upward move is likely a market correction. My Stellar Lumens price prediction is a continuation of the long-term bearish move with a possibility of hitting the $0.16 support level.
