With the juicy marketcap BTC has brought in the markets, we should expect a big contribution towards the alts coins especially while BTC will cool off for a bit. XLM is definitely a great sleeper waiting to unleash some green dildos!. The hammer doji highlighted has a decent wick that will confirm atleast an upcoming 30%+ profit, our STOCH RSI and RSI indicators...
If XLMUSD breaks out of the pennant it would possibly be big gains. But if it drops below the support line it could go back to $0.06 and then correct from that point.
This isn't trading advice. Just saving charts to learn myself.
I learned to cancel the noise as I'm an investor and not a trader. XLM and other large coins look good to long the next couple of years. There is still some downside pressure right now though. Very similar to ADA as seen in my ADA published chart.
I am an amateur and this is not financial advice though.
XLM is consolidating along with bitcoin. And being rejected off the near term moving averages. Indicated on the chart are the levels where I would like to buy and where I would like to sell this coin. Good luck.
Commodity : STELLAR LUMENS
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
I'll cut to the chase and say that I am bullish for Stellar in the short term.
Reason #1: It is my belief that Stellar found it's bottom and the recent bullish move that followed Bitcoin has only strengthened my opinion on this matter-
Reason #2: Looking at the charts we can see that this is a classic falling wedge formation....
What's up Traders!
After a long bearish sentiment, we have finally got our bullish impulse. Price reached a potential weekly inverse head and shoulders neck with price action supported by a huge volume. This simply shows that the big boys are interested in this level. Weekly Inverse head and shoulder pattern indicates the potential start of a bullish trend so...
This is very long term prediction for XLM, i used Bittrex and not Binance simply because Binance is too young exchange to make this kind of trends.
i did for a friend always asking me why i don't do long predictions ??? :P
it's always difficult to predict the future but Fibonacci never lie right ??
So in graph u can see that XLM bottomed and will make a Hammer at...
Stellar Lumens have broken out of two major channels, confirming wave-e and the first stage of wave-(c). If wave-(c) continues to get retraced faster than it was formed, we could likely be beginning another parabolic rise which would take us to all time highs next month. It's also possible that this moves a little slower and forms a wave-(d) or a wave-B of a...
XLMUSD (Binance) Bull Run is started.
- Looks like this summer will be very hot!
- Trend lines from past interact well with current local Trend bottom.
- Next challenge to maximum price.
Someone said that Stellar coin (Like Phoenix future coin) of Rothschild and the future, but you can play on the price increase and Pump.
- BTC Dominance is down (we have long...
With BITFINEX:BTCUSD screaming high above $8k, we've seen most alt coins lag quite a bit. Most performances have been pretty bismal, but I think things may be about to turn around if we can see Bitcoin cool off here.
One coin that grabbed my eye was BITFINEX:XLMUSD. I did some chart analysis and it seems to have reversed trend giving us a great set up with good...