In this video I 1st show you a very clean / text book BUTTERFLY pattern which is currently doing very well. I use market symmetry to try and work out where price might get to before turning around. When I did that it looked like price might be heading up to the 78.6% fib level which also happens to be almost exactly the XA leg of the bullish BUTTERFLY. Then...
Steller in several days long accumulation phase.
Hello again! I would like to share my idea on XLMBTC! From the 4 hour graph, we see that a cup has been formed, potentially, cup and handle! Probably, the next few days prices would slightly go down for a while to form the handle before mooning! In addition to that, the MACD level has also just crossed, also the RSI levels are nearing the overbought...
Fellow traders and followers, I had to preface this to say that I will not be able to devote as much time to assisting and working with our fellow traders as frequently. Yes, I did and will ALWAYS say that I am a technical trader and ultra long term Crypto Bull--on a few particular coins ;-). However, longmoney has taken a lot of profits during this correction....
Following a great week of gains, STR seems to be loosing it steam and cannot hold the support around 4400. Currently completing head and shoulders pattern that usually ends in reversal of the whole trend. Expecting drop to around 3900 and if that support fails, even 3600. ~ my personal opinion formed upon an analysis, not an advice to sell or buy
- Bullish T/K Cross - Kumo Breakout on strong volume - Building of accumulation volume - Chikou above Price Also bullish on the fundamentals. Great project involved with IBM.
Coin of the day is Stellar (Lumens). "Stellar is a platform that connects banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost." Stellar is an open-source protocol for value exchange founded in early 2014 by Jed McCaleb (creator of eDonkey) and Joyce Kim. The Stellar protocol is supported by a nonprofit, the Stellar...
Looks like correction is over for Stellar & we're making way for a new bull run after breaking out of a corrective contracting triangle.
Hello traders! $XLM is in accumulation phase (like a lot of altcoins). According to what Wyckoff Method says, we can see a downtrend followed by accumulation phase. We should see a trend reversal in the near future. We could test the bottom and the top of the accumulation channel, but once this phase ends we should break the top of the channel and see an...
XLM has closed a daily candle above the 200 period EMA, and above the 50 period MA. It has also risen strongly over the Fibonacci level at $0.26. The MACD and RSI are positive as well. Stoch RSI is in the caution area of the overbought. Volume is just OK At this time XLM looks set to reach $0.338 which is the 0.5 of the Fibonacci level. A close over 0.5...
Stelar upside variant, need daily to close above resistance and imho target 1 will be easy, ATM is very likely if weekly closes above too
POTENTIAL RUN UP inverted head and shoulders forming . also cup and handle forming and mini bull flag seen short term trade.
StellarLumens has formed a bullish signal called the Falling Wedge, the pattern usually breaks out after wave E. Buy zone: Grey rectangle.
Another update on my XLM chart. So far still going according to my pevrious ideas. Now looking at a ascending triangle being formed which might be the signal the bearish trend ended and a bullish trend is on the way. It all depends on breaking the support line at around 3400 sats. If that resistance line is broken it will act as support and gives a clearer...
As you can see $XLM is broken the downward trend and is moving sideways. Judging by the green in volume, this could potentially be a break out from the down-trend. I envision only a short push. What is most important is when the price reaches the rectangle. This closely matches 0.5 Fib retac and previous resistance. If it manages to cross both, I would confirm the...
Stellar cup and handle target 7000's Held the 618 retracement and Rocket about to launch .
Summary: Hold cash in your trading funds for a breakout to the upside and hold your investment positions. Trading on margin is a fools game in this market it's screaming short squeeze. We have been in a Bulkowski's Descending Broadening Wedge formation for the last 8 days or so. According to the rules for a long term bull market we have touched the bottom of...
most of the volume for Stellar Lumens is on Binance now... 1 Binance XLM/BTC 1,973 BTC 0.00002681 BTC 30.86% Recently 2 Upbit XLM/KRW 1,216 BTC 0.00002769 BTC 19.01% Recently 3 Poloniex STR/BTC 450.95 BTC 0.00002674 BTC 7.05% Recently 4 Bittrex XLM/BTC 403.92 BTC 0.00002676 BTC 6.32% Recently 5 Kraken XLM/EUR 286.54 BTC 0.00002658...