XLMUSD moving inside the uptrend channel. We touched the support line of the channel and start growing with volume. Also, inside this channel, we can see the formation of an inverted head and shoulders. Best regards EXCAVO
So as we can see nthng changed. Still we are going up through correction. Keep your i on the first prize. BTC will show us a dirrection.
So. News was hot. Btc went higher as expected. So thats why i wrote in small cap alts @warning@ and @waiting for news@ So thats it! news is. We will se high price. and a correction on btc. Then alts sale. Be ready to Buy.
Target 11.3 + .... i draw prev a mid range waves to 16+ cents. but first 11.3 + waiting.
Forming a bullish symmetrical triangle I see growth potential up to 1200-1400 satoshi first Best regards EXCAVO
Hi friend hope you are well today we will try to understand by the Stellar is turning more bullish than Bitcoin as the XLM has recovered more than BTC. If we take a look at the daily chart of XLM then it can be easily observed that after the drop from Feb to March 2020 the price action moved 196% from the lowest to highest price level. On the other side if we...
After we'd reached the top of the horizontal channel which is the accumulation zone, XLM went down and now we are at the 61.8% Fibonacci level. Stellar grew in correlation with Bitcoin. During the last weeks, only two coins were growing paired with bitcoin - DGB and XLM. In my opinion, we are still in the zone of accumulation. After we'll break the resistance...
Falling wedge: As we have seen in my previous article that the priceline of Stellar was moving in a falling wedge pattern. When I published my last post at that time the priceline of XLM was at the support of this falling wedge and I was waiting for two more indicators to turn bullish to predict the bullish divergence for breakout. These two indicators are...
Lumen Stellar formed right shoulder of reversal pattern head and sholders Also we tested support line of long term down trend so we break out and tested this line. I didn’t forget about cross which happened a few days ago. As I said in the previous after that you need to buy a falling knife. Panic in the market is a good entry point Best regard EXCAVO
XLM has been a falling knife for two years with no sign of a bottom. XLM has been stuck under a descending trend line that it last tried to penetrate unsuccessfully last June during our bull run. XLM was one of the few that saw an additional rally in Nov 2019 and then saw its low .04 in the middle of December around the exact same time that BTC put its low in....
Interesting token in my opinion for swing trading due to popularity, large capitalization, good trading volume and other situations, I see accumulation in this zone and I expect a good upward movement with a broken triangle. RSI 4h - oversold MA's is crossing in 4h We are in accumulation zone in D1 chart
In my previous post I elaborated that how the price action of Stellar has formed a very big bullish BAT pattern on month chart and completed the bullish setup for upto 596% gains. But the recent bearish move of price line that was started since Nov 2019 to Dec 2019 and leaded the price action more than 53% down. The above bearish move pushed the forced the...
Wavetrend and Volume oscilator indicators seem to be lining up to retrace back to the Major resistance 2 line. This may happen once XLM breaks Major resistance 1 line. This isn't trading advice, just documenting and learning ideas. Any feedback is appreciated.
Priceline of XLM / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.058006 to 0.055971 Sell between: 0.060180 to 0.064632 Regards, Atif...
Just a classic ascending triangle. This is my short term target.