RE-POST: I think there was a glitch with the site, this is a LONG idea. I am re-posting. Price Target: 3-5 by EOY 2018.
On a log scale, XLM continues to follow an ascending channel. Will expect XLM to follow this throughout the summer and into the fall as the overall cryptocurrency marked rebounds, more ICOs launch on the stellar platform, Stellar goes live with the Lightening Network, and, with any luck at all, Stellar is the platform on which the first Central Bank Digital...
is Stellar Lumens ready for another breakout? Is this a pennant forming? Any suggestion or comments guys? #xlm
Just brainstorming the trend... using weekly candles here. keeping it simple... long term I see it forming some sort of head and shoulders (as per my drawing) before the major correction hits near end of year feel free to add some feedback
I have kept the chart simple just showing the resistances we have to break for Lumens to continue its uptrend. If the first target is broken, we will be breaking the ascending triangle and continuing its merry way North. The next targets will be validating three Head and Shoulders I see that have formed along the way as the left shoulders on the way down in the...
Chart speaks for itself, comment for any questions and updates upon request. Happy Trading!
Hello all. While Bitcoin struggles in a No Trade Zone, I have been quietly following a few of my favorite coins to trade. And Lumens is def one of them. When we hit our targets and take our profits, we look for reload opportunities. Then we step back and look for that risk/reward we love so much. I have received feedback that my charts can become quite...
UPDATED: As Bitcoin Drops Buy Altcoins This follows on my chart from a few hours ago. The 21 Day MA has been breached to the downside. There is some support at 8534 on the Fibonacci. Then support at the 50 Day MA around 8300. If 8300 is broken then next support is in the area of $7600 where there is Fibonacci support and the turquoise dotted line that...
As Bitcoin drops in price use this opportunity to buy quality Altcoins such as those I've recommended in the past. The coming recovery from the current Bitcoin drawback will be magnified in quality Altcoins. Verge XVG Lumens XLM Dash ARK Cardano ADA Golem GNT LISK LSK Check out a rapidly upcoming coin not yet listed on TradingView or major exchanges, ...
This was mine and John Madden's conversation. Me: Hey John, what would you do in this situation.... It's 1st and 10, you have the ball on your own 40 yard line. Plenty of time on the clock. In fact, you are up by several points. What would you do? Madden: Who's my QB? Me: Aaron Rodgers. Madden: I would go shotgun formation with 5 receivers and throw a...
Stellar is doing really great last weeks. Stellar has been going sideways for quite some while, but it looks like stellar is going to break out again. Watch the resistance and support levels closely to see the breakout. The peak trough the resistance line is possible due to btc price dependency. BTC is a steady gainer, and had a small bull run during the false...
Hey, I am back with another Trade Idea. This time looking at Stellar Lumens XLM. Stellar is pretty great project, some people says it can surpass Ripple, because it has few similarities. Mkay, taking look at chart I can see there is a Cup and Handl e pattern that can lead to a breakout. There is a strong support at 3,650 sat where we can see strong bounce...
Shouldn't be much longer before Stellar triggers it's cup and handle as well...likely a good entry point here..the upside is around 75% gains if it reaches the projected breakout target. I've noticed each alt's cup has it's own unique individual bowl shape and its own unique handle similar to the others but fun nuances between them...some have broading desending...
Hi! Today I would share with you my idea on XLMBTC From the 4hr chart, we see that a cup and handle is almost completed, in addition to that, an ascending triangle has also been formed inside the handle! and finally, MACD is still bullish. Disclaimer: This is NOT a financial advice! Goodluck!
An agressive trader would enter here a conservatie one would wait for 1 hr hour close above the neckline. In context with every other cup and handle that have been triggering around the market the risk/reward ratio right now is very good to ladder in fractionally ahead of tim with smart stoplosses....always most wise to wait for the breakout and a 4hr close above...
Hi guys, Quick XLM analysis/update. Elliot Wave ABC correction currently underway. Based on XLM’s overall fib retracement history, it seems to be quite apparent that XLM will see a retracement to 61.8% fib level in relation to previous impulse. This coincides with EMA55, EMA200 and happens at the end of a 5-month long triangle formation. In order to succeed in...
BTC gives so many new nice ALTs moves. Here we have XLM that is forming a new support zone out from previous resistance and maybe even going for a short uptrend breakout. On a 1 day TF it is almost oversold but I feel it still have some power to reach 4950 target within a day time before going for reloading or down.