BITTREX:XLMUSD   Lumen / Dollar (calculated by TradingView)
Lumen continues trending upwards while producing higher highs and higher lows. On the last wave up it produced an all-time high, hitting $0.97 and breaking above the 427.2% Fibonacci resistance level applied to the last wave where 200 Moving Average was rejected.

Following corrective wave down resulted in the 60% decline and price went as low as $0.4, where 200 Moving Average was rejected once again. After, XLM/USD went up breaking the downtrend trendline suggesting that the uptrend is now likely to resume. The first strong resistance is seen at the $1.18 where two Fibonacci retracement levels are inline. Only a break and close below the 200 Moving Average could invalidate bullish outlook.
Trade active: Still bullish
Comment: Price produced spikes that went below 200MA, but no definitive break below
Comment: Expecting Lumen to go up from this point
Trade active
Top Crypto Telegram Channel:
#1 Crypto Blog:
Crypto Forum:
Alts vs BTC Trade Signals:

ETH Tip Jar: 0x79bb76b99114f9b33fd3e5477eb05f2738d51
@HiTech Thanks for the promising update. Yey! Very much enjoying your posts :)
thanks dear
your idear best area for buy XLM is 0.5 usd ?

@HiTech may i ask (i follow your premium telegram aswell and really enjoy it)

Why do you prefer EMA 200 instead of SMA 200 ? Do you think its more accurate the bounces?
+1 Reply
HiTech PRO MarcelMartins
@MarcelMartins, thank you for good feedback ... cryptos grow exponentially, so why not to use the exponential moving average? :)
+1 Reply
An exponentia (ly weighted) moving average merely puts more weight on recent prices over older ones. Please explain your reasoning.
HiTech PRO knowhatamine
@knowhatamine, there is no reasoning, you can use any MA, they are very close to each other, especially on 200 period

Of course! :)

The more indicators, the better your prediction. Look at crossovers of weighted and simple moving averages is also well worth it. ;)

Try logarithmic scales.
HiTech PRO knowhatamine
@knowhatamine, why would i need to try it?

You don't. I don't ever use them. I was just saying that because you mentioned the exponential growth of our beloved crypto prices. Wasn't really serious, just like your EMA comment I suppose. :D
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out