Author: 3HOUSE user@Z

Stellar (XLM) is a decentralized blockchain network that aims to provide fast, low-cost, and secure cross-border payments. The cryptocurrency was launched in 2014 by Jed McCaleb, the co-founder of Ripple, and Joyce Kim, a lawyer and entrepreneur.

One of the key features of Stellar is its ability to facilitate cross-border payments between different currencies and financial institutions. The network uses its own cryptocurrency, XLM, to facilitate transactions and to provide a means of exchange between different currencies.

Stellar's architecture is based on a federated consensus model, which means that it uses a network of trusted validators to reach consensus on transactions rather than relying on the mining power of nodes. This allows for faster transaction times and lower transaction fees compared to other blockchain networks.

Another feature that sets Stellar apart is its focus on financial inclusion. The network aims to provide access to financial services for people who are unbanked or underbanked, particularly in developing countries. Stellar's platform allows for the creation of digital assets, which can represent any type of asset, from fiat currencies to commodities and even real estate. This opens up the possibility for new forms of financial services to be developed and provided to those who have been previously excluded from traditional financial systems.

Stellar has also formed partnerships with various companies and organizations in the financial industry, including IBM, Stripe, and Deloitte, to name a few. These partnerships have helped to increase the adoption and use of the Stellar network, and have also contributed to the development of new applications and use cases for the technology.

In terms of market performance, Stellar has seen significant growth in recent years. In early 2021, XLM reached an all-time high of $0.61 USD, before experiencing a pullback in the wider cryptocurrency market. However, the underlying fundamentals of the network remain strong, and the long-term outlook for Stellar appears positive.

When it comes to cryptocurrencies we always need to monitor BTC. Right now the price is sitting in the middle of a high time-frame support/resistance flip zone that’s 802 days old. It just looks like we are waiting for a big move on either side, we are at a crossroads. From my own experience the longer the price goes sideways in such key zones the stronger the next move will be. Dropping below the zone would potentially bring the whole crypto market down, setting all traders and spot holders for months of slow sideways price action. Break to the up side and we will see massive gains across all crypto projects.

In the world of economics, we can see a lot of problems with the world banks, the strength of the US Dollar, interest rate hikes, etc that’s just adding up to the whole market uncertainty. In the upcoming weeks, we have very significant high-impact news coming from US Markets such as Unemployment Claims and Rates, CPI and PPI data, and FOMC Meetings.

In such unpredictable times, we need to be prepared both ways so today I will provide you with one long and one short scenario.

After taking a look at the Weekly Chart we can clearly see that $XLM double-tested the ultimate support zone. The current price ($0.1056) is -86,73% from the All-Time High, which means it has a lot of potential for substantial gains. The yearly Pivot point remains untapped and it’s at $0.147 so 40,37% from the current price but we’ve 8 more months of time to get into the pivot. The coin is in a decent region for some spot dollar cost average buys.

On the Daily Chart below, we see the resting buy-side liquidity as well as our local support zone which has been tested multiple times. The up move was substantially quick so there is a possibility of retesting the higher orange zone and seek support there. Above the local liquidity, there is a massive FVG (Fair Value Gap) that needs to be filled and it can be used for the bearish as well as bullish scenario. The pivot is above all the daily highs and it would need to take an insanely strong move to target that at the current moment.

From here I will make my two cases:

Bullish scenario: Dropping to the 4-Hour chart we have local sell-side liquidity of just -5,7% from the current price. I would like to see it taken, seek support in the market discount then proceed to pump from the Buy Zone that is inside the daily support band targeting the resting liquidity and filling the daily FVG.

Remember to wait for the price to stabilize inside the Buy Zone and make entries after a local bullish market structure change.

• Buy Zone: From $0.09600 to $0.09400

• Stop Loss: $0.08957

• First target: $0.10526 - Risk to reward ratio is 2.07, Stop Loss move to entry

• Second target: $0.1144 - Risk to reward is 3.50

• Final target: $0.12 and beyond - Risk to reward is 4.54 All R:R were measured from the middle of the Buy Zone.

Bearish scenario: This case would include taking most of the Buyside liquidity into that Daily FVG I’ve mentioned before. The Fair Value Gap is big therefore I expect increased volatility upon reaching it that’s why the sell zone is above the gap. Potential market buyers’ exhaustion could be key for this setup to play out. Then the price would most likely target the sell-side as that’s how institutional traders (Smart Money) and algorithms work.

Remember to wait for the price to stabilize inside the Sell Zone and make entries after a local bearish market structure change.

• Sell Zone: $0.1260 to 0.1230

• Stop Loss: $0.1297

• First target: $0.1136 - Risk to reward is 2.01, Stop Loss move to entry

• Second target: $0.107 - Risk to reward is 3.25

• Final target: $0.0996 and beyond - Risk to reward is 4.63

• All R:R were measured from the middle of the Sell Zone.

Overall, Stellar's focus on fast, low-cost, and secure cross-border payments, coupled with its commitment to financial inclusion and partnerships with leading companies in the financial industry, make it a promising cryptocurrency to watch in the years ahead. Trading two potential scenarios can help us with having a neutral bias and that’s necessary for such indecisive times. Setups can play out in the next few weeks so keep an eye on $XLM.

This is not trading advice, and any actions taken based on this information are solely at the reader's discretion. We do not make any guarantees or warranties about the completeness, reliability, or accuracy of this information. We encourage readers to do their own research before entering the market.

ABOUT 3HOUSE NFA

NFA is a showcase of the high-quality alpha shared on 3HOUSE and an opportunity for the development team to recognize and celebrate the well-researched and expertly-constructed predictions made by some of our 3HOUSE community members.

Important note: Despite yielding positive returns for many investors, as the name states, NFA is Not Financial Advice and does not guarantee any results. NFA is merely to inform investors of potential market movements and general sentiment. Always do your own research.

Author: 3HOUSE user@Z

Stellar (XLM) is a decentralized blockchain network that aims to provide fast, low-cost, and secure cross-border payments. The cryptocurrency was launched in 2014 by Jed McCaleb, the co-founder of Ripple, and Joyce Kim, a lawyer and entrepreneur.

One of the key features of Stellar is its ability to facilitate cross-border payments between different currencies and financial institutions. The network uses its own cryptocurrency, XLM, to facilitate transactions and to provide a means of exchange between different currencies.

Stellar's architecture is based on a federated consensus model, which means that it uses a network of trusted validators to reach consensus on transactions rather than relying on the mining power of nodes. This allows for faster transaction times and lower transaction fees compared to other blockchain networks.

Another feature that sets Stellar apart is its focus on financial inclusion. The network aims to provide access to financial services for people who are unbanked or underbanked, particularly in developing countries. Stellar's platform allows for the creation of digital assets, which can represent any type of asset, from fiat currencies to commodities and even real estate. This opens up the possibility for new forms of financial services to be developed and provided to those who have been previously excluded from traditional financial systems.

Stellar has also formed partnerships with various companies and organizations in the financial industry, including IBM, Stripe, and Deloitte, to name a few. These partnerships have helped to increase the adoption and use of the Stellar network, and have also contributed to the development of new applications and use cases for the technology.

In terms of market performance, Stellar has seen significant growth in recent years. In early 2021, XLM reached an all-time high of $0.61 USD, before experiencing a pullback in the wider cryptocurrency market. However, the underlying fundamentals of the network remain strong, and the long-term outlook for Stellar appears positive.

When it comes to cryptocurrencies we always need to monitor BTC. Right now the price is sitting in the middle of a high time-frame support/resistance flip zone that’s 802 days old. It just looks like we are waiting for a big move on either side, we are at a crossroads. From my own experience the longer the price goes sideways in such key zones the stronger the next move will be. Dropping below the zone would potentially bring the whole crypto market down, setting all traders and spot holders for months of slow sideways price action. Break to the up side and we will see massive gains across all crypto projects.

In the world of economics, we can see a lot of problems with the world banks, the strength of the US Dollar, interest rate hikes, etc that’s just adding up to the whole market uncertainty. In the upcoming weeks, we have very significant high-impact news coming from US Markets such as Unemployment Claims and Rates, CPI and PPI data, and FOMC Meetings.

In such unpredictable times, we need to be prepared both ways so today I will provide you with one long and one short scenario.

After taking a look at the Weekly Chart we can clearly see that $XLM double-tested the ultimate support zone. The current price ($0.1056) is -86,73% from the All-Time High, which means it has a lot of potential for substantial gains. The yearly Pivot point remains untapped and it’s at $0.147 so 40,37% from the current price but we’ve 8 more months of time to get into the pivot. The coin is in a decent region for some spot dollar cost average buys.

On the Daily Chart below, we see the resting buy-side liquidity as well as our local support zone which has been tested multiple times. The up move was substantially quick so there is a possibility of retesting the higher orange zone and seek support there. Above the local liquidity, there is a massive FVG (Fair Value Gap) that needs to be filled and it can be used for the bearish as well as bullish scenario. The pivot is above all the daily highs and it would need to take an insanely strong move to target that at the current moment.

From here I will make my two cases:

Bullish scenario: Dropping to the 4-Hour chart we have local sell-side liquidity of just -5,7% from the current price. I would like to see it taken, seek support in the market discount then proceed to pump from the Buy Zone that is inside the daily support band targeting the resting liquidity and filling the daily FVG.

Remember to wait for the price to stabilize inside the Buy Zone and make entries after a local bullish market structure change.

• Buy Zone: From $0.09600 to $0.09400

• Stop Loss: $0.08957

• First target: $0.10526 - Risk to reward ratio is 2.07, Stop Loss move to entry

• Second target: $0.1144 - Risk to reward is 3.50

• Final target: $0.12 and beyond - Risk to reward is 4.54 All R:R were measured from the middle of the Buy Zone.

Bearish scenario: This case would include taking most of the Buyside liquidity into that Daily FVG I’ve mentioned before. The Fair Value Gap is big therefore I expect increased volatility upon reaching it that’s why the sell zone is above the gap. Potential market buyers’ exhaustion could be key for this setup to play out. Then the price would most likely target the sell-side as that’s how institutional traders (Smart Money) and algorithms work.

Remember to wait for the price to stabilize inside the Sell Zone and make entries after a local bearish market structure change.

• Sell Zone: $0.1260 to 0.1230

• Stop Loss: $0.1297

• First target: $0.1136 - Risk to reward is 2.01, Stop Loss move to entry

• Second target: $0.107 - Risk to reward is 3.25

• Final target: $0.0996 and beyond - Risk to reward is 4.63

• All R:R were measured from the middle of the Sell Zone.

Overall, Stellar's focus on fast, low-cost, and secure cross-border payments, coupled with its commitment to financial inclusion and partnerships with leading companies in the financial industry, make it a promising cryptocurrency to watch in the years ahead. Trading two potential scenarios can help us with having a neutral bias and that’s necessary for such indecisive times. Setups can play out in the next few weeks so keep an eye on $XLM.

This is not trading advice, and any actions taken based on this information are solely at the reader's discretion. We do not make any guarantees or warranties about the completeness, reliability, or accuracy of this information. We encourage readers to do their own research before entering the market.

ABOUT 3HOUSE NFA

NFA is a showcase of the high-quality alpha shared on 3HOUSE and an opportunity for the development team to recognize and celebrate the well-researched and expertly-constructed predictions made by some of our 3HOUSE community members.

Important note: Despite yielding positive returns for many investors, as the name states, NFA is Not Financial Advice and does not guarantee any results. NFA is merely to inform investors of potential market movements and general sentiment. Always do your own research.