XLMBTC 1D, Stellar finally warming up before surging to ATH?
If you have ever wondered is stellar lumens, sleeping giant finally waking up ? The answer would be yes without any doubts! When we zoom out and witness the bigger picture, we have a more broader view on current STR/BTC (XLM/BTC) situation. After 1.5 yearly bear market we witnessing the signs of reversal, Stellar holder well the 422 satoshi area, which was multiyear support zone, Structure remained bullish, no new violent lows acquired.
Currently trading above 200MA daily , which is very important, and haven't been seen for a long time since BTC pair struggle. Would important to add that currently we are facing one of the diagonal and horizontal resistance claster, right in 900-960 Satoshi zone, those resistance are important to pass and they include both Gann and liquidity supply clasters. If stellar keeps the momentum and successesfully passes through that resistance zone, 1100 -1200 satoshi area is the next to pay attention too. Once Stellar reclaims second claster, it gets very strong 0.618 gann diagonal support and leaves the toughest resistance claster since the downtrend below, aiming to test higher liquidity supplies, leading the price straight to 0.5 zone into 2300-2500 Satoshi, beyond those targets we highly likely will witness ATH. Time wise if we get second coaster conquered till 20 June, odds on fast parabolic advance increases greatly.
Thank you for reading, trade safe, keep stops in place!
Currently trading above 200MA daily , which is very important, and haven't been seen for a long time since BTC pair struggle. Would important to add that currently we are facing one of the diagonal and horizontal resistance claster, right in 900-960 Satoshi zone, those resistance are important to pass and they include both Gann and liquidity supply clasters. If stellar keeps the momentum and successesfully passes through that resistance zone, 1100 -1200 satoshi area is the next to pay attention too. Once Stellar reclaims second claster, it gets very strong 0.618 gann diagonal support and leaves the toughest resistance claster since the downtrend below, aiming to test higher liquidity supplies, leading the price straight to 0.5 zone into 2300-2500 Satoshi, beyond those targets we highly likely will witness ATH. Time wise if we get second coaster conquered till 20 June, odds on fast parabolic advance increases greatly.
Thank you for reading, trade safe, keep stops in place!