Playing with circlesJust to look back on. Never used this tool before but thought it was coincidental for how it fits. Not even sure how to use it or if i remotely used it correctly but had some time on my lunch break to draw
XLMUSD.P trade ideas
Stellar up The mission of the Stellar Development Foundation is to create fair and balanced access to the global financial system. The new launch will support the network’s mission by connecting Stellar-based businesses to develop an efficient and cost-effective Pan African payments system.
Also, TEMPO CEO Suren Ayriyan expressed his excitement about the partnership with Flutterwave to provide services to Africa. He emphasized that its customers across Europe will now be able to easily send funds to Africa. Consumers can send money to their loved ones or conduct businesses in a faster and cheaper manner. Speaking further, Ayriyan noted that the money transfer company hopes to continuously collaborate with Stellar. According to the CEO, TEMPO hopes to provide cheap, secure, and swift global money transfers to its new and existing customers.
XLM Daily Price ChartThe daily chart shows the XLM price is above the 50 DMA at $0.34 and the 100 at $0.33. However, Stellar is glued to the longer-term 200-day average at $0.36. Furthermore, the Relative Strength Index (RSI) is rolling over which suggests bearish momentum is growing. Taking that into consideration, it’s likely that XLM will lose the support of the 200 DMA and slide to the concise averages below. As long as the price holds above the 100-day it’s in with a chance of recovery. However, below $0.327 a trip to $0.255 looks probable. On the other hand, a bullish scenario emerges if the price clears the September high at $0.439. In that event, a run to $0.500 is likely. For now, it’s unclear which scenario will play out. On that basis, I maintain a neutral stance until the technicals provide a clear sign.
Feel free to get in touch for daily trade signals and alerts
XLM gearing up for interstellar travelStellar Lumens may be gearing up for an epic adventure.
Forming a text book cup and handle pattern on the weekly chart.
If it can break .43c it appears to be clear sailing back to .79c and possibly it's ATH at .93c
A move equal to the distance from the bottom of the cup to the top would be the expected break out target. A modest price target of $23.
From it's current price that's a 5444% gain!
As long as it can stay along the current uptrend the handle should be completed.
✅XLM💥+1000%Stellar is a blockchain project founded in 2014 by Ripple co-founder Jed McCaleb and venture capital investor Joyce Kim. At the beginning, Stellar shared a lot of its code with the XRP ledger, but the project has since taken on unique characteristics of its own. However, the XRP and Stellar blockchains are still often compared since they both offer fast and cheap transactions and share some common history. You can read more on this topic in our in-depth article on Stellar (XLM).
Key features of the Stellar blockchain:
Created in 2014
Provides fast and cheap transactions
XLM can be used as a bridge currency for international payments
Users can create custom tokens on the Stellar blockchain
The native asset of the Stellar blockchain is called lumens, and is commonly described with the ticker XLM. While XLM can be used for peer-to-peer transactions just like any other cryptocurrency, it also performs a role in the Stellar blockchain as a defense mechanism against spam transactions – a small fee of XLM is necessary to complete each transaction.
XLM is also designed to be used as a bridge currency to facilitate cross-border transfers between different currencies. For example, Alice can send EUR to Bob, and Bob receives USD on the other end of the transaction. Due to the network’s speed, fluctuations in the XLM price have a very limited impact on the transaction.
However, XLM is not the only asset that can be transferred through the Stellar blockchain – users can create custom tokens that can be transacted quickly and efficiently. For this reason, some ICOs and STOs have selected Stellar as their platform of choice.
The Stellar protocol also has a built-in decentralized exchange functionality where users can create buy and sell orders through the protocol itself – this feature can be accessed through interfaces such as StellarX.
One of the key players in the Stellar ecosystem is the Stellar Development Foundation (SDF), which funds the development of the open-source Stellar protocol and maintains the Stellar codebase.
The foundation is a non-profit organization which also supports the Stellar ecosystem by promoting the usage of the Stellar protocol through airdrops, grants and other mechanisms. The SDF has also launched a community fund which allows members of the Stellar community to have a say in which projects working on Stellar receive funding from the foundation.
XLMUSDT trade will be 12XXLMUSDt trade is showing signs of growth with 12X growth in next boost session. As trade crosses resistance point then trade will be up.
Long Term Elliot Wave XLM/USDWe're in the beginning portion of wave 3 of the major overlaying initial Impulse. Wave 3 tops at around Dec 22.
XLM - It's time to pay attention!Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!!
People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming!
You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling
Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!
Facts (two week chart):
1. Year 2017 and 2021 are very eerily similar in structure
2. Stochastic RSI - in 2017, we had a bullish cross (and above the 20 level!),and we 40x in price! We had a bullish cross, but awaiting to pass the 20 level!
3. RSI - Very oversold on the 2week chart! Will we have another double top??
4. In October 2017, we broke out from the Parallel Channel! We just broke out again!!
Buy Targets (May not get reached! If we do, I'm loading up more!)
Target 1: $0.25 (Corresponds to the 0.5 Fib)
Target 2: $0.19 (Corresponds to the 0.382 Fib)
Sell Targets:
Target 1: $2.51 (Corresponds to the 2.618 Fib)
Target 2: $4.01 (Corresponds to the 4.616 Fib)
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
"The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become."
"If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
XLM descending triangleCause BTC is so bullish I think we will be able to break out of this descending triangle.
Don't take this as financial advise, for educational purposes only. (Still a newbie)
XLM cup and handle or Inverse H&S ?looks like a cup&handle / inverse head & Shoulder formation...
by the way,
most importantly, it looks like a formation for more upside..
pending for a BO above 0.40.
next level 0.45
$XLM #XLM XLM is ready for 30% pump$XLM #XLM XLM is ready for 30% pump
$XLM #XLM XLM is ready for 30% pump
XLM close to turning point, Overall setup is bullish with short term drop to $0.31 are and then bouncing higher to break resistance around $0.40, then moving higher.
Short term drop coincides with likely correction in the current stock market.
We have allot of trouble breaking $0.40 resistance area but bounced back with higher lows every time, and so upward pressure is definitely there.
Monegram deal will begin to produce news in November- December and movement on chain and insider buying will begin.
Next year will be important for monegram deal, if we see real money begin to move - XLM will continue to be bullish, with significant momentum.
XLMUSD Analysis Oct 24, 2021We are looking for a swing trade so I will utilize the weekly and 4 hour timeframes to make my decisions. On the weekly timeframe we look for three things in particular which are our key levels, patterns and candlestick analysis. On the 4 hour timeframe we focus on using most of our technicals which is including fibonacci, support and resistance , supply and demand zones, market structure, candlestick analysis etc. On crypto we are looking at the Daily and 1 Hour timeframes to take trades when they are ready.
On the weekly timeframe we are starting to see some nice rejection of the 0.400 level that we have marked up. If price manages to break this level it will certainly go much higher. But we are not expecting this as sellers are holding it at the moment.
On the h4 timeframe I have marked a resistance area that we may see hold here as we are making consecutive lower high points. If price breaks from here we can expect a move to the 0.31 level.
@everyone
Stellar Lumens (XLM) - Structure and TargetsIn this study of Stellar Lumens, I contrast the 2018 market rally with the current bull market, within the context of a common rising channel.
Do you think it can provide a repeat performance of 2018, or are the headwinds just to great this time?
Share your targets and ideas, below.
XLM bullish XLM is super bullish on the daily timeframe. I think will continue bullish until .41 at least!
all safe still in the treding channeltreding safe in the uptrend expecting a bounce fgrom here somewere in the 0.43
XLM longHi everyone
Good area to buy XLM because its trend line is broken on both the RSI and the chart
Stop Loss: 0.315
TP: 0.85
BULLISH XLMXLM: looks really good imo. consolidating for a move to .63-.71 out of this continuation pattern on declining volume
XLMUSD Price Stuck In BullsThe price is not clear right now but the trend is bullish. There is little candle strength to push price above 0.392902, for that reason the sentiment is neutral.
But, in that the trend is bullish, the bias is 0.452029 for a Tp of 0.435199
.
Khiwe
On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.
Stellar (XLM) - October 21Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(XLMUSD 1W Chart) - Medium to Long-Term Perspective
Above the range 0.09017343-0.16420803: Expected to continue upward trend
(1D chart)
Resistance section: 0.40293161-0.44798284
Support section: 0.23438790-0.29261600
A move above the resistance zone is expected to accelerate the uptrend.
If the decline is from the support area, it is likely to touch near the 0.16420803 point, so trade cautiously.
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(XLMBTC 1W Chart) - Mid-Long-Term Perspective
1103 Satoshi - 1288 Satoshi or more: Expected to create a new wave.
(1D chart)
Resistance section: near the 746 Satoshi point
In order to transition into an uptrend, the price must rise above the resistance zone to maintain the price.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
