XLM (Stellar Lumens) - bounce incoming?XLM has completed a retracement to 0.786 fib. This is typically a very strong area of support.
The price is currently sitting in the golden pocket, between 0.618-0.65 fib which is also a good area to see a bounce.
If the price can hold above these area, then expect it to move towards the green box for >50% increase.
If it cannot hold these fib levels then it will likely break down further and move towards the red boxes 35% decrease.
Note the lower red box lines up with 1.618 fib level and as such is a stronger level of support.
Stellarlumens
XLM/USD Update 4H Chart. $0.63 or $1?We have broken the teal resistance at the same location as the 4H most recent high, came back down for a retest/confirmation and bounced. Then we tested teal again and bounced. Now it is looking like we should push up. Target around $0.63 (resistance line of previous highs) as well as the 1.618 Fib level. A more optimistic view and not terribly unlikely could see us break the previous resistance line and hit around $1 (Psychological level to sell at I imagine) then fall back to the blue (previous high line) to confirm as new support line before heading to a few dollars. At this point I am honestly leaning more towards the $1 level and a breakout since it is looking a lot like alt season and tons of big money is pouring into crypto.
If teal breaks down, expect a drop to pink then potentially green line, but personally I lean towards the bullish outcome.
STELLAR - Support levelsEven if the market corrects, Stellar is one of our favorite cryptos for reasons you can read on our previous ideas.
On our chart you can see the key price levels where the price can find support.
Personally I did sell yesterday part of my coins and looking to buy again very soon (at 0,504 and in the case of a bigger more general correction at 0,346)
XLMEUR: Bullish? Next Target 0,65€?Mixing several technical analyses (ascending channel, bull flag, 0, A, B, C) we aim next target of XLM to 0,65€ in a short term.
Corrections (healthy and big) might be also expected because we are moving upward since 28.01.2021.
This is only a chart to check if things will happen and it's NOT A TRADING ADVICE.
Reminder: check the Stellar website (newsletter and roadmap) to see how bullish is this project for the upcoming year.
XLM consolidation below resistance = BoomI know I’ve been schilling XLM a lot lately, but I’m very bullish on the short term/long term movement. The next day or two could be quite parabolic if this things breaks out. See chart for target 1 and 2.
Side note: XLM/BTC chart looks just as good!
Good luck y’all!
XLM/USD 15M Chart Horizontal Triangle We touched the long term resistance based off the previous highs around $0.60 and had a pullback. The price seems to be consolidating in a horizontal triangle pattern. ABCDE Correction. In theory we should be headed back up to a retest and hopefully a breakout. If it fails, I would expect to potentially fall as low as the $0.51 mark where other supports intersect. It looks noisy but It looks like there was an ABC in each leg of the ABCDE and pretty symetrical.
XLM (Stellar- about to blow up - Fractal comparing ADA Cardano -This shows a comparison between XLM and Cardano. These coins have printed very similar patterns over the last three years and in my opinion XLM is about to blow up in the same way ADA just did. The best entry was at 30-40 cents but there is still massive room to grow.
If you like my ideas please follow, like and if you're feeling generous donate me a coffee on Ko-Fi
Do your own research and remember this is not financial advise.
XLM Buy a break setup.XLMUSDT - Intraday - We look to Buy a break of 0.4414 or market (stop at 0.4238)
Daily signals are bullish.
We look for gains to be extended today.
A break of bespoke resistance at 0.4400, and the move higher is already underway.
Trading close to the psychological 0.50 level.
Our profit targets will be 0.4948 and 0.5248
Resistance: 0.4400 / 0.4500 / 0.5000
Support: 0.4200 / 0.4000 / 0.3800
STELLAR - Best Performing Today (from our picks)Allow us to name the main cryptos as 'Tier 1'.
Stellar is one of our favorite as we have mentioned before , as it has strong fundamnetals that matter to us.
We even bragged a bit later on that we picked the right one together with Cardano.
I will be honest with you, we were mostly focused on Cardano until yesterday and then we went a bit heavier on Stellar, which made us VERY happy today...
XLM daily update (Very Nice!)Not touching it.
It looks great.
Performing as expected.
XLM is on course, still looking to take profit and enter a short once we break above $.40 on a daily candle.
Continuing to DCA, and pack my bags.
If XLM continues to climb, we will re-enter at $.44 (5% stop loss) and continue our climb... I wouldn't be against throwing a few more thousand $ once we break above $.44.
Very pleased on this call.
The short will probably occur tomorrow and beat our current vertical line for Feb 14.
XLM USD - Stellar to break above 0.4 key level.Stellar has been building momentum and squeezing against the 0.40 cents key level. If it breaks the resistance we could see fast movement up toward 0.5. At this point I would expect some profit taking and a temporary retracement, but it really depends on market sentiment. With bitcoin pumping it may just take straight off, like Cardano and rip up towards 0.7 and beyond.
This is my first publication and I'd love you to hit like, cheer, comment and follow me.
I'm not a trader with 20 years experience, I'm just a guy whose poured a lot of time into learning about trading crypto's and has had some really good success in the last 6 months. This is not financial advise please do your own research.
XLM buy the uptrend.Stellar - Intraday - We look to Buy at 0.3322 (stop at 0.3182)
Trading within a Bullish Channel formation.
Trend line support is located at 0.3300.
20 4 hour EMA is at 0.3320.
We look to buy dips.
The trend of lower highs is located at 0.3750.
Our profit targets will be 0.3742 and 0.3988
Resistance: 0.3500 / 0.3700 / 0.3800
Support: 0.3300 / 0.3100 / 0.3000