In this XLM/USDT technical analysis, we'll explore the key factors supporting a potential bullish bounce for Stellar Lumens (XLM) against the US Dollar (USDT).
Buying/Support Area - 0.1300:
The XLM/USDT pair has established a robust buying/support area at the 0.1300 level. This level has historically acted as a foundation, limiting downside movement and...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.44800).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Stellar/BUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0706). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XLMUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support....
Technical analysis:
. Stellar/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.04950000 to 0.03500000). if so, traders can set orders based on...
Technical analysis:
. Stellar/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
A trading opportunity to buy in STRUSD
Technical analysis:
. STELLAR/DOLLAR is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
. The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
...
STELLAR/DOLLAR
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is possibility of temporary retracement to suggested support line (0.31) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes...
