STR/BTC / XLM/BTC is ready to go for roughly 600% profit from here. it made a higher low from its most recent lowest low post-China news. additionally, it's a fork of Ripple (XRP/BTC); Ripple is about to have an absolutely HUGE conference in 2 weeks with big names speaking there (see my most recent chart for more info). because of this, the long-term chart follows...
Stellar has been closely trending along Ripple due to their similarity in design and objective and is now following the general crypto market in this corrective move after the recent announcement by the Chinese government. It has been declining since May after a dramatic spike saw it rise almost 30x against Bitcoin in just a couple of months.
From an Elliott Wave...
- CCI deep sold with signal to change
- long trend resistance broken
- long term support held
its ready to break up for what i see.
To invest capital you cant afford to lose
XLM is in the sideways trend, and is approaching oversold on Stoch RSI. ADX shows there are more sellers than buyers driving the price down, but the trend is clearly weakened.
It is also approaching the downtrend resistance line, and will soon have to decide where to go. While it has been trending down overall for the past 4 months, there is some room for growth...
Allthough i'm pretty new with crypto-trading, I try to learn by following others, experimenting with tradingview. I would say Stellar Lumens is about to cross an arc, going for +/- 0,55$ within the next 6 hours (+20%). What do you guts think? Feedback is more then welcome :)
Stellar, Ripples cousin, is ready for another take off. The spaceship was getting some fractal and geometric fuel. Now that this process is completed, we're ready to go to the stars and beyond. Andromeda is awaiting for us.
Entry: 2000 - 2500.
Song for the ride: www.youtube.com
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STRBTC is the tycker symbol for the trading pair "Stellar" against bitcoin.
Stellar is a platform originally forked from Ripple consensus protocol that allows you to send instant fiat transactions worlwide thanks to a decentralized network of servers and trusted anchors that honor the fiat balances.
You can read the basics of Stellar in their site, here.
Big news coming out from the Stellar* project. We believe in pump based on the news and the possibility for said pump to become the "test pump" depending on what the future holds. Read on and see if you agree.
Read the big news coming out from the Stellar* project here.
Coins.ph, Flutterwave, ICICI, and Tempo is jumping onboard with Stellar*.