XLMUSDT.P trade ideas
XLM in Coming DaysXLMUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
🤑Stay awesome my friends.
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XLM/USDT Preparing for an Explosive Bull Run? 👀🚀 XLM Analysis💎 Paradisers, turn your attention to XLMUSDT, showcasing a significant setup in the demand zone, reinforced by a recent Market Structure Shift (MSS). This scenario hints at a substantial possibility of a bullish trend.
💎 Examining XLM's pattern, Stellar has consistently demonstrated its ability to surpass its descending trendline, an indicator of potential upward trends. It is currently contending with a major Bearish Order Block (OB) challenge, with continued momentum above the EMA100, targeting supply levels at $0.17.
💎 However, in the ever-changing crypto market, XLM traders need to be ready for various outcomes. Should the anticipated bullish breakthrough not occur, shifting to a rebound strategy from the support level at $0.107 will be key.
💎 A decline below this support level would signal the need for a strategic change, prompting a reassessment of the bullish perspective and the need to adapt trading strategies in response to new market developments.
💎 Stay focused and strategically adept, Paradisers. Your ParadiseTeam is committed to providing insightful analysis and strategic guidance, ensuring you make well-informed trading decisions in these dynamic market conditions.
XLM Pump? or Dump?....Looking at the daily XLM chart it looks like we are receiving some mixed signals but until there is a clear brake of macro trend or clear brake of structure higher targets are still in play.
Currently looking at 3 scenarios
Scenario 1 (bearish)
IF the market as whole has already started a large correction we could be looking at a revisit of the lows by taking a simple ABC measured move from our rally high and what is currently a lower high.
Scenario 2 (bullish)
we are currently forming a reverse head and shoulders pattern on daily and if it were to brake out the reverse head and shoulders target is approximately 40% higher than the current price. We also have a local measured move potential pause in this set up approximately 19% higher where we would likely consolidate before continuing
Scenario 3 (extremely bullish) also my personal favorite
The most bullish model we can come up with is a macro ABC correction to the upside with a measured move target approximately 100% higher than the current price.
This large ABC measured move target is also aligning very nicely with a macro golden pocket retrace measuring from bull market high to bear market low.
Scenario 3 will be my personal target until we have a macro brake of trend or structure.
Trade well.....
Who Let the Dogs Out?I was planning on riding XLM to about 38 cents, but if we close below this trend line i will cancel my trade and look for a better opportunity to buy. the sad thing about XLM is that on trading view the same dogs that see a big green candle start calling for bullish targets, but when the market goes against their bullish ideas the same people hid under their blankets like scared little pet dogs, theyre not willing to admit that they fu**ed up.
XLMUSDT 1W LONG📈Hi all. Timeframe 1 week. Stellar is globally in an ascending channel and is currently flat at its support. A fractal repetition of growth to the upper boundary of the channel is possible. I'm considering placing on spot now, and long on breakout/retest, depending on your type of trading. Marked goals and levels on the chart.
XLM will follow XRP - bullishhi traders
XLM is a broter of XRP and as we're bullish on XRP, it can't be different for XLM.
The price is above SMAs and is respecting the upsloping support.
It's a matter of time and we will see a nice pump.
The long position can be taken now.
3 targets are shown on the chart.
Stop loss: 0.1121
Pullout TargetI recently posted some ideas about XLM visiting 9.5-10 cents before the bull run. I looked at a few ideas from other traders and I changed my mind. I no longer see any signs of a bearish move to those levels or at least i hope so.
I bought at exactly 12 cents (shouldn’t have been greedy and bought up at 10.5 cents.). My sell target is 38 cents and many might think it’s a greedy target and a bit far fetched, but when I look at Elliot wave rules, I don’t think 38 cents is a greedy target at all. We might have a pullback at 24-25 cents, but for now my target remains 38 cents a piece.
The Bullish Case for XLM! A Comprehensive Analysis!!!XLMUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
🤑Stay awesome my friends.
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Potential H&Smany believe that price has broken out of the descending channel or the downtrend, whichever you wanna call it. what the many don't realize is that XLM is entirely dependent on BTC when BTC is bleeding. those of you calling for a breakout better hope BTC stabilizes here and goes sideways for at least a few days, because if s*** hits the fan and BTC decides to retest the 30k-32k support level, it means a drop of about 15% and usually but not always when BTC goes down 15%, XLM doubles that number and bleeds even more. for those who have bought XLM anywhere between 7 cents to 15 cents and are holding for the long run need not worry, because you'll get to sell it when it hits 4 dollars a peace and get that bread. somehow i still think we will have about 20% to go down depending on how BTC behaves in the next few days.