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WallerBaller
Jan 28, 2021 10:57 PM

XLM/USD showing signs of UPWARD pressure 24h & 2D looks BULLISH Long

Stellar / United States DollarCoinbase

Description

The Scalping group [12min, 23min, 45min and 90min] white energy is higher than the green line. Red RSI and Blue LSMA have closed above 50 level.
3h showing signs of upward pressure with green line being higher than white energy. However I do expect the 3h to exhaust soon.
The 24h and 2D Timeframes are looking very BULLISH! Could see a breakout or sign of strength in next 2 to 4 days.
Remember that USDC is going LIVE on the STELLAR LUMEN NETWORK in FEBRUARY.

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Here is a look at the 24h and 2D TF.

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If XLM makes a similar move as before on the 2-Day, that's around an 0.80 XLM!
Look how similar the previous 245% pump is to the present day...

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Short Term Group

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Near Term Group

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I recommend watching David's Technical Analysis video

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Comments
ExpoGains
Great work. thank you!
FlowersFor
Thx good info👍

What is next target if breakout hapens?
WallerBaller
WallerBaller
@AaronWaller,

I would say that the 2.618 is our next target if breakout happens. Around 0.35-0.375. If we see a STRONG SOS to the 3.618 then I'd need to do another Fib. But I'll cross that bridge later if I need to.
FlowersFor
@AaronWaller, Thanks for info..
is 0.35-0 37 maybe a TP? or better to wait and not take profit too early
WallerBaller
@FlowersFor,

I'd wait... XLM looking to potential go exponential!
Could hit 0.80 in next 48-72 hours. Look at the updates I posted above...
FlowersFor
@AaronWaller, Yes looks good
WallerBaller
@AaronWaller,

Seems to be taking longer to play out, but still in effect as of January 31st...
Eightchains
Nice work, Aaron. I like that wording "green line finding it's way to the WE."
ExpoGains
It's very hard to believe that we hit the top already, I think a lot of sell orders where getting liquidated during the big green candle 2 hours ago and now we're ready for another move up.

Do you think 0.32 is acting as local support?
Does the white energy show upward pressure still or is it getting exhausted?

thank you again Aaron :)
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