Stellar [XLM] Cryptocurrency Price Prediction and Analysis - Feb 01 2022
Stellar XLM Cryptocurrency Price Prediction, Forecast and Technical Analysis. This analysis reviews Stellar XLM without Stellar XLM news or other explained fundamental analysis. This analysis is strictly technical in nature and focuses on Stellar XLM prices action only in a live market setting.
The Stellar XLM Cryptocurrency Price Prediction, Forecast, and Technical Analysis methods are varied. Price predictions for Stellar XLM are developed through the use of Point and Figure, Ichimoku Kinko Hyo, and Gann Analysis. However, the forecasting and price prediction of Stellar XLM is not limited to just those methods and theories. Stellar XLM news and other fundamental data are almost never utilized in my analysis as it is strictly technical. Trade ideas, if identified, can be found below and present buy opportunity, sell or short opportunities with theoretical and hypothetical profit targets and stop losses identified. Any Stellar XLM price trade ideas with Point and Figure identify the box size and reversal amount. Any Stellar XLM price trade ideas with Japanese Candlestick charts have the timescale identified. The dates in the trade idea description are when the original Stellar XLM price trade idea was developed. Also, I hate how Google SEO for crypto works but is necessary to attract people. So dumb.
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The short idea from Jan 19th worked out nice and hit the trailing stop. A new long idea was identified with a 4:1 reward/risk ratio.
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Trade-Ideas
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($0.005/3-box P&F Chart) - Feb 1st
Buy Stop @ $0.215
Stop Loss @ $0.105
Profit Target @ $0.295
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Dollar-Cost Average - Updated Oct 25th
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Buy Limit @ $0.2454
Buy Limit @ $0.1676
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