XLMUSDT Monthly Technical AnalysisGreetings, traders and crypto enthusiasts! 🌟 Today, let's embark on a deep dive into the monthly technical analysis of XLMUSDT (Stellar Lumens against USDT). By exploring long-term trends and patterns, we aim to uncover valuable insights that could lead to profitable trading strategies. Join us as we navigate through the monthly charts to gain a comprehensive understanding of XLM's trajectory.
📊 Monthly charts provide a broader perspective on price movements, offering insights into long-term trends and potential opportunities. Let's delve into the essential technical aspects and uncover the factors shaping XLMUSDT's monthly trajectory.
🎯 Major Support and Resistance: Highlight major support and resistance levels that have historical significance on the monthly timeframe. These levels may influence price action and could serve as potential entry or exit points for traders.
🚀 Breakout Opportunities: Keep an eye on potential breakout opportunities above resistance levels or below support levels. Breakouts on the monthly timeframe can signal significant shifts in market sentiment and provide lucrative trading opportunities.
🛡️ While monthly charts offer valuable insights into long-term trends, it's essential to implement effective risk management strategies. Consider position sizing, setting stop-loss orders, and diversifying your portfolio to mitigate potential risks.
Monthly technical analysis provides valuable insights into long-term trends and potential trading opportunities for XLMUSDT. By understanding the broader market dynamics and key levels, traders can make informed decisions and capitalize on profitable trends in the crypto market.
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always conduct your research and consult with a financial advisor before making investment decisions.
#XLMUSDT #MonthlyAnalysis #TechnicalAnalysis #LongTermTrends #CryptoTrading #SupportAndResistance #MovingAverages #BreakoutOpportunities #RiskManagement #Cryptocurrency #Blockchain #TradingView
XLMUSDT.P trade ideas
XLMUSDT Elliott Waves (Local Setup)Hello friends.
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Everything on the chart.
Entry: market and lower (im in pos from 0.135)
Targets: 0.16 and 0.18
after first target reached move ur stop to breakeven
Stop: ~0.113 (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
DYOR!
XLM USDT#XLM on weekly time frame: After a successful breakout from a zone marked in green, we will see massive gains. We could take entry after 4 hours or Daily candle close above the marked zone. Always use stop-loss. Everything is on the chart.
Entry 0.1795
S.L 0.1450
T.P1 0.2418
T.P2 0.3504
T.P3 0.4358
Here I buy Stellar at $0.16Here I buy Stellar Lumens at $0.16
The price is testing the major resistance at $0.16
So now I buy and the bullish breakout will start.
I'm sure Stellar will be a gold buy also. That's how things works here on extremistan. See, you live in mediocristan. I live in extremistan. If you know what I'm talking about. The extremistan is where erything happens all at once. No time for lessons anymore, just actions.
XLM/USDT upward momentum riding bulls wave? 👀 🚀 XLM💎 Paradisers, brace yourselves for an exciting turn with #XLMUSDT as it encounters resistance at the supply zone, paving the way for a potential bullish surge from the demand level.
💎Through market cycles, we've observed how previous supply zones have transitioned into areas of demand, driving prices higher. Presently, with #XLM challenging a key supply area at $0.1373, there's a promising outlook for a bullish shift from this point. The asset's solid stance above the ema55 further hints at an upcoming increase.
💎 Conversely, if CRYPTOCAP:XLM falls beneath the $0.1373 level, it might signal a move towards bearish waters, prompting a strategy reassessment. A bullish push from a secondary demand point at $0.1120 could be anticipated, yet breaching this could lead to further declines.
Uptrend ConfirmedThe weekly analysis of XLM reveals an uptrend, marked by higher lows and highs. A triangle pattern breakout upwards has also been noted. Prices are expected to hit targets identified within orange resistance zones, though a retracement to the breakout level remains a possibility.
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#XLM/USDT#XLM
The price is moving in a downward channel and sticking to its limits well
It was penetrated upwards forcefully and was stabilized above it
We have a higher stability Moving Average 100 in red
We have an uptrend on the RSI that the price is following well
Further upside is supported
Entry price is 0.1223
The first target is 0.1275
The second target is 0.1329
The third goal is 0.1388
XLMUSDT Elliott Waves (Local Setup)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: Market and lower
Targets: 0.145 - 0.16 - 0.18
after first target reached move ur stop in breakeven
Stop: under 0.104 (depending of ur risk).
RR: 1 to 3
ALWAYS follow ur RM.
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
Stellar Lumens (XLM) Price Analysis: Bullish Breakout or Bearish
Stellar Lumens (XLM) Price Analysis: Bullish Breakout or Bearish Retracement?
Introduction:
Stellar Lumens (XLM) is a decentralized blockchain network that facilitates cross-border payments. The XLM token is the native currency of the Stellar network and is used to pay for transaction fees and to provide liquidity for asset trading.
Technical Analysis:
XLM has been on a downward trend since reaching an all-time high of $0.80 in January 2018. The price fell to a low of $0.071 in March 2020, but has since recovered and is currently trading at $0.1572.
The technical indicators suggest that XLM is currently in a bullish trend. The Relative Strength Index (RSI) is above 50, indicating that the bulls are in control. The Moving Average Convergence Divergence (MACD) is also bullish, with the MACD line above the signal line.
Support and Resistance Levels:
The key support level for XLM is at $0.1013. If the price breaks below this level, it could fall to the next support level at $0.0998.
The key resistance level for XLM is at $0.1572. If the price breaks above this level, it could rise to the next resistance level at $0.2387.
Conclusion:
The technical analysis suggests that XLM is currently in a bullish trend. The RSI and MACD indicators are both bullish, and the price is above the key support level at $0.1013.
However, it is important to note that the cryptocurrency market is highly volatile and prices can change rapidly. Therefore, it is important to do your own research before making any investment decisions.
XLM 1WIt's still unclear whether XLM will accumulate further or experience a breakout soon (23% more to go). I'll only participate in case of a breakout. The 4-hour (4H) and daily (1D) charts show bullish signs. There might be an attempt on the 4-hour chart (if you want to) , but the stop-loss will be set around 5%, approximately ~0.1089 from the current level.
XLM: A Simple Trading ScenarioXLM: A Simple Trading Scenario
During the last weeks, XLM has been moving in a wide and not clear trading zone
between 0.10000 and 0.1340
The price is close to the support zone again and we can see the bulls to join the party
between 0.1025 - 0.1100
This zone can be a strong support zone which can push the price higher again up to 0.1340 where it was during the previous month.
You may find more details in the chart!
Thank you and Good Luck!