đ Stellar ($XLM ) Just Flipped Bullish â Eyes on $2.50? đđ
đ Technicals Heating Up on the Daily Chart:
âą RSI: 55.38 â Momentum building
âą MACD: Bullish crossover at 0.005
âą ADX: 37.06 â Strong trend strength confirmed
âą 1W MA50 Rebound: Price bouncing from weekly support
đ Chart Pattern: Long-term Triangle in play.
âą Medium-Term Target: $0.55 (top of the triangle)
âą BIG Picture Potential: If price breaks the LH trendline, we could be looking at a parabolic rise to the 1.618 Fib = $2.50 â just like the 2016â2017 setup!
đ„ Structure Flashback:
Price action since mid-2024 mirrors late 2016: steady climb, healthy retrace to the 0.5 Fib⊠and then blast off to major extensions!
đŻ TRADE IDEA:
Long Bias:
âą Trigger: Break + close above the LH trendline
âą TP1: $0.5500
âą TP2: $1.2000
âą TP3: $2.5000
âą SL: Below 0.23
#StellarSurge #CryptoCharts #BullishSetups #FIBO #CryptoTrend