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Xlmusdlong

This Repetitive Move Is Leading The Stellar Lumens (XLM) To $2Falling wedge: As we have seen in my previous article that the priceline of Stellar was moving in a falling wedge pattern. When I published my last post at that time the priceline of XLM was at the support of this falling wedge and I was waiting for two more indicators to turn bullish to predict the bullish divergence for breakout. These two indicators are momentum indicator and the stochastic. The reason I am using these two indicators to predict the breakout here because the price action of lumens is very much synchronized with these two indicators. On the chart it can be easily observed that whenever the priceline of lumen hits the support and the momentum turns weak bearish from strong bearish that is a kind of bullish signal and stochastic gives bull cross then priceline takes a bullish divergence and hits the resistance of the wedge. I was expecting the same move this time. I am sharing the both screenshots the previous one and the current situation. It can be easily obeserved that when I shared the chart in my previous article at that time the stochastic was oversold and momentum indocator was strong bearish. In the next screenshot you can see the current situation that when the momentum turned waek barish and the stochastic gave bull cross the price action again took powerful bullish divergence as it has been doing in the past and at this time the Stellar is attempting to breakout the resistance of this wedge. The previous move: The current move: Volume profile and Bollinger bands: here the two more indicators are playing very important role one is the volume profile indicator and other one is the bollinger bands. If we place the volume profile on the complete price action moving within the falling wedge pattern then we can see that the trader’s interest is very weak below $0.038. Therefore when the priceline moved down where the trader’s interest is low the XLM turned bullish and reached the resistance of the wedge. And if we see the bollinger bands then it can be noticed that when the priceline made its first attempt to breakout the resistance of the wedge in May 2019 then the bollinger bands was below the resistance of wedge therefore it stopped the priceline of Stellar to have a breakout. After that the priceline made another attempt to break out the resistance of the wedge in Feb 2020. At that time the bollinger bands was again below the resistance of falling wedge and became a strong hurdle for priceline to breakout. But this time we have some different situation the bollinger bands is above the resistance of the wedge. Therefore the price action of Lumens can easily move out from the resistance of wedge, moreover if we observe the movement of the bollinger bands then it can be easily seen that the bollinger bands is slightly moving up and showing its tendency that it is making the way for the priceline to move up. Bullish Crab pattern: During the strong bearish move in the month of March 2020 the XLM has completed the formation of bullish Crab pattern. I also have shown this pattern in my previous post. If we take a closer look on the chart then it can be easily noticed that the priceline has just hit the spike in the potential reversal zone and as per sequence of bullish Crab the price line was the supposed to move up in the Fibonacci projection area of A to D leg from 0.382 to 0.786 Fibonacci level. We can see that finally the price action took a powerful bullish divergence and produced more than 93% bullish rally. At this time the 0.786 Fibonacci level is a strong resistance for the Lumen. And we can observe at this time the price line is hitting at this level for third time this is the same level where we also have the resistance of the falling wedge pattern. Simple moving averages. The position of the simple moving averages on the daily chart also goes in the favour of the breakout from the falling wedge pattern. If we see on the daily chart then the priceline has aggressively crossed up the 25, 50, 100 and 200 simple moving averages. Now it has the strong support of all these SMAs. And the 25 simple moving average has formed the golden cross with 50 and 100 SMAs and moving forward to cross up the 200 simple moving average. Following the 25 simple moving average 50 simple moving average is also moving up to form the golden cross with 100 and 200 SMAs. The golden cross between 50 and 200 simple moving average is considered as a strong bullish signal among the traders community. They always take it as a strong buy signal. After that we can expect the 100 simple moving average will also form the golden cross with 200 simple moving average. And after all these golden crosses we can have a complete opened alligator mouth of the moving averages below the price action of XLM that can produce more powerful bullish rally. Long term resistance levels: Now if we switch back to the weekly long-term chart. Then we find two major resistance levels on the way of Stellar. The first resistance level is $0.09, We can see that upto 2019 this resistance level was working as a strong support for the price action but once it is broken down in August 2019 after that the Lumen never able to cross up this resistance level again even after 3 attempts. Once the priceline will be able to cross up the 9 cents resistance then the price action may re-test this previous resistance as a support and move up to break out the next major resistance at $0.14 after breaking out this resistance the XLM doesn’t have another other resistance upto $0.23, so we can expect a faster move from $0.14 to $0.23. Powerful bullish move that can lead the XLM to hit $2: Now I would like to show you my favourite part of this analysis and that is the harmonic move of Stellar. If we move back in 2017 the priceline formed a big bullish harmonic BAT pattern on long-term weekly chart. And from the potential reversal zone of this BAT pattern the price action moved up with very powerful bullish divergence that leaded the Stellar to hit $0.51 that was more than 4000% powerful bullish rally. Now if we switch to the more bigger time period monthly chart then we can observe that same as like the previous move of 2017 the price action has a gain formed another very big bullish BAT pattern. And from past 5 months the priceline was moving at the bottom of this is BAT and now it has retraced back in the potential reversal zone. The potential reversal zone of this BAT starts from $0.11 and ends up to $0.059. We can expect another very big powerful divergence from this PRZ level but if I talk realistically then as per Fibonacci sequence the price action of Lumens should enter in the Fibonacci projection area from 0.382 to 0.786 Fibonacci projection of A to D leg. That is from $0.23 up to $0.41 that is also upto 600% big gain. However for stop loss we should use the potential reversal zone to minimize our risk. Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
KRAKEN:XLMUSDLong
by moon333
4
STELLAR LUMENS (XLMUSD) DailyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable. This is not trading advice. Trade at your own risk.
BITFINEX:XLMUSD
by Dinjin
(XLM) Stellar Has Hit The Support | Now Ready For BreakoutMovement in falling wedge: The priceline of XLM has formed if falling wedge pattern and if we observe the price action of Stellar then it can be clearly seen that the priceline is moving within this wege since December 2018. I have also have placed the volume profile on the complete price action moving within this falling wedge pattern and the volume profile is showing that the trader’s interest is really very low below $0.038. And at this time Stellar is moving at the area where the trader’s interest is weak. And the point of control of this volume profile is at $0.058 therefore there are strong chances that the price action will move up from here at least up to point of control of this volume profile. Here we can see that the falling wedge is getting squeezed therefore at this point the priceline can soon take the decision to breakout or breakdown. And there are more chances that the priceline will go for breakout rather than breakdown. The Momentum and stochastic indicators: Here I am waiting for two more signals on this weekly chart. One is Momentum indicator, that is still strong bearish and other one is stochastic that is very close to the oversold zone. If the momentum will start turning bullish and the stochastic will give the bull cross then we can expect that the priceline will soon make an attempt for the break out from this falling wedge pattern like it has attempted 13 May 2019 and 10th Feb 2020. Bullish crab another strong support: There was another reason that stopped the priceline to breakdown the support of this falling wedge pattern. And that was the formation of bullish Crab pattern on 2 day chart that we have already discussed in my previous articles. And this pattern was formed at the support of the Wedge pattern and the price action just hit the spike in the potential reversal zone of this bullish Crab and moved up. This was very strong reason that also provided very strong support to the priceline and stopped the price action to break down After breakout from wedge the big bullish BAT can again come in play: In case of break out from the falling wedge pattern that has been formed on the weekly chart the price action can again re-enter in the potential reversal zone of very big bullish BAT pattern that has been formed on the monthly chart. I have already shared this big bullish BAT pattern move several times if someone has missed then I am sharing the link below:
KRAKEN:XLMUSDLong
by moon333
1
XLMUSD has formed another bullish reversal patternFollowing a of very big bullish BAT pattern: As in my previous several articles I have been following the below harmonic pattern that is formed by the price action of Stellar and that is a very big bullish BAT on monthly chart. The formation of this bullish BAT pattern was started from the candlestick that was opened and closed on February 2017 and last leg was completed by the candlestick of December 2018. Since then the price action is moving in the potential reversal zone of this very big bullish BAT. First I caught this pattern on September 2019 after that I posted a followup article with more details in November 2019 and when I I saw more developments in this pattern then I posted other followup article with more details on January 11th 2020. There have been many time the priceline has hit beyond the potential reversal zone’s support but so far we don't have even a single candlestick that has broken down or completely opened and closed below this PRZ level. The potential reversals zone has been so far proven very strong support for the price action of Stellar. There is one critical point is that if we place the volume profile on the complete price action of this big bullish BAT pattern then we can examine that the traders interest is even below the potential reversal zone. Therefore there are so many times we have witnessed that that the candlesticks has hit the price below the PRZ level but after hitting beyond this level the price action again gets retraced in this potential reversal zone back. Here we have another support that is moving along with the support of this potential reversal zone and that other support is the POC of this volume profile. As discussed earlier in my previous articles I have explained how this point of control of volume profile works as a centre of gravity for the priceline and the price action always moves around this POC level of volume profile. Therefore we can also notice here that since February 2019 up till now the price action is moving around this point of control level and whenever the candlesticks move up move down then POC of volume profile pulls the price action back towards itself therefore sofar it is really difficult for the priceline of XLM to break down or break out this POC level of volume profile. The potential reversal zone or buying zone starts from $ 0.1108 and ends up to $0.0600 and the Fibonacci projection or sell zone starts from $0.2315 and ends upto $0.4135. Therefore this move can produce upto 589% massive profit. But if we calculate the profit form where the priceline is moving at this time then the profit possibility is up to 1037%. Bullish crab: In the meanwhile the priceline of XLM has been forming different other bullish chart patterns on short term and long term and I have been sharing the patterns with you but there was a pattern I had high expectations with, was a bullish Crab that was formed on 2 day chart. And I shared this pattern on December 16th 2019. This time Stellar was expected to produce up to 98% profit and we have witnessed that as per prediction the XLM produced more than 70% rally and dropped down again. I was expecting that this time the priceline of Stellar will cross up 0.786 Fibonacci projection of A to D leg of this bullish Crab and if it will manage to cross up this Fibonacci projection level then it will turn more bullish and eventually it will lead to the execution of the big BAT pattern that has been formed on monthly chart and the price action will further more move up to enter in the sell zone for Fibonacci projection zone of the big bullish BAT. But unfortunately the price action failed to break out the 0.786 Fibonacci projection of bullish Crab. A new bullish harmonic move: Now this time while moving at the support of big bullish BAT pattern on monthly chart on smaller time period the Stellar has shown very positive move. This time it has formed another bullish Crab pattern on 2 day chart same is like it has formed in the month of December 2019 that we have discussed earlier. The first leg of this pattern was started from the candlestick of 17th December 2019 and this leg was completed on 14th Feb 2020. After that the priceline retraced between 0.382 to 0.50 Fibonacci level that was the first confirmation of bullish Crab pattern and on the very next candlesticks the price action moved up and projected in the projection area of A to B leg between 0.382 to 0.886 Fibonacci projection and here we have received the second confirmation of bullish Crab. Now we needed a long bearish leg that should be retraced between 1.27 upto 1.618 Fibonacci level And this recent market crash and strong bearish trend has helped the price action of Stellar to complete the final leg of this bullish Crab pattern. We can notice that the price action has hit the spike on 13th March 2020 in the potential reversal zone between 1.27 upto 1.618 Fib level that is also our buying zone for stellar. But even though after visiting the potential reversal zone the priceline again moved up and has hit the projection area between 0.382 to 0.786 projection of A toD leg and moved down again there can be strong chances that the priceline will again visit the potential reversal zone or buying zone and move up with another powerful bullish divergence and enter in the sell zone or Fibonacci projection of A to D leg. And this time again I am expecting that if the price line of Stellar will manage to cross up the 0.786 Fib projection then it can also lead the price line to move in the sell zone of the big bullish BAT pattern that has been formed on monthly chart that we have been following since last year September 2019. Conclusion: The price line of XLM has very strong 3 supports 1. The maximum extent of potential reversal zone of big bullish BAT pattern that has been formed on monthly chart 2. Second support is the point of control of the volume profile that we have received after placing the volume profile on complete priceline of bit bullish BAT. 3. Third support is the potential reversal zone of bullish Crab pattern that has been recently formed on 2 day chart. At this time we have two types of sell targets one is the midterm perspective another one is the long term target. 1. Midterm sell targets: The midterm sell targets are according to bullish Crab pattern that has been formed on 2 day chart are from $0.0421 to 0.0727. 2. Long term sell targets: The longterm sell targets are according to bullish BAT pattern that has been formed on monthly chart are from: $0.2315 to $0.4135 Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
COINBASE:XLMUSDLong
by moon333
XLM USD LONGThe chart is pretty clear, stellar is about to breakout from a falling wedge. The volume is insanely green, there is a cup and handle pattern at the end of the falling wedge, indicating reversal. Also the 5th correcting wave has completed. It couldn't be clearer than this. It looks to good to be true as a setup. A breakout above the upper resistance of the cup and handle would signal a buy order. Not a financial advice, remember to do your own research and set your stop losses. IF btc collapses the xlmusd pair might fail as well. Good luck, you can check my previous posts.
BITFINEX:XLMUSDLong
by darkpiggie
2
XLMUSD Has Formed Crab Within BAT And Competed The Bullish SetupIn my previous post I elaborated that how the price action of Stellar has formed a very big bullish BAT pattern on month chart and completed the bullish setup for upto 596% gains. But the recent bearish move of price line that was started since Nov 2019 to Dec 2019 and leaded the price action more than 53% down. The above bearish move pushed the forced the price action to hit the support of potential reversal zone of this big bullish BAT pattern even now the price action is hitting the spike beyond this PRZ support. But now the price action of Stellar has shown another positive move that it doesn’t move down straight even it is moved down in another Fibonacci sequence which can be clearly seen on 2 day chart with Heikinashi candle sticks setup and it has formed bullish Crab pattern within this potential reversal zone of bigger bullish BAT pattern. For last leg the price action was required to retrace between 1.27 upto 1.618 Fibonacci sequence and if we measure its move then it has retraced upto 1.283 and full filled the requirement and confirmed that it is a bullish Crab: The above harmonic move of Crab pattern has confirmed that the price action is ready to move up again and the next candle on month chart will be moved again within the potential reversal zone of big Bullish BAT pattern or sideways with the current candle and the fear of breaking down the support of this PRZ level is decreased even finished. Now the targets can be two: For mid term trade on 2 day bullish Crab pattern: Buy between: $0.048953 to $0.038544 Sell between: $0.057035 to $0.076600 This trade setup has potential to give upto 98% profit. For Long term trade on month chart bullish BAT pattern: Buy between: $0.110241 to $0.059381 Sell between: $0.231517 to $0.413568 This trade setup has potential to give upto 596% profit. But if the candle stick closes above the 0.786 Fibonacci projection of A to D leg of bullish BAT which is at $0.413568 then the price action may achieve the highest price ever in the history of xlm or atleast it will hit the final resistance of 0.41 dollar. In both trades we can use the support of potential reversal zone as stop loss in case of complete candle stick closes below this PRZ level. Regards, Atif Akbar (moon333)
KRAKEN:XLMUSDLong
by moon333