XLM has reached a strong support area, it may go down abit more, but unlikely too much. The Daily RSI has finally reached oversold conditions, ripe for a bounce. Price is very very near reversal zone. This bearish market is nearing the end, but we may go sideways abit more before the next bull market starts.
I remember back in July when the alts made their first market cycles, and after breakout of the previous ATH they go into ascending triangles before the big 1,2,3 Elliott Wave sequence. We have Bullish Divergence on the MACD, along with a strong oversold bounce on the daily RSI. I noticed a lot of traders are calling stellar bearish due to the previous market...
Stellar BINANCE:XLMBTC is one of my favorite cryptos and I have been following it for sometime. I am still pretty new to the TA game and still working on my skills. I zoomed out this week to the weekly chart and saw an interesting potential triangle pattern forming. So I drew some lines and tried to see if I could make it work. This is what I came up with...
I Believe we are just about to start the 5th wave of the Elliot count. This is a LOG Scale dating back 1 year starting from the Pump that happened May 2017 to the present day. We are closing in on the descending wedge which should hopefully signal a break out. I dont believe this will be as big as the last pump, but theres still plenty of blue sky left in this...
XLMUSD is playing a down channel for last few weeks. Now its time for reversal. BUY on Support Lines and Yellow Zone. Expecting to breach Red Line Resistance on the TOP. Profit Target Green Zone. Potential 100% Profit Trafe in Medium Term : XLMUSD We will close our SHORT Call now
This is not a financial advice. Is just for fun and entertainment
#XLM Luemens looking prime for recovery. Under bottom Bollinger band on daily. Short term pennant w/ a longer term wedge. It should catch support on the next fib level or the aqua line and rebound.
Multiple of 3s corrections on XLM/BTC pair while its trying to find some solid support before the run. Eventually it will find its way down.
Hey Everyone, I have been calling this XLM move since mid January. We are most likely going to get to the 1800 Satoshis level and only then MOON to All Time High (Around 9000 satoshis). This is yet another good example of how Fundamental Analysis doesn't always work. We've only seen good news for XLM in the last month or so and yet it is still going doing. The...
I wish STRBTC would keep on going up but at the moment, there isn't enough volume to keep going up. The 3hr/2hr/1hr are all over bought. The 4hr/6hr Stoch RSI are becoming overbought.
Coin of the day is Stellar (Lumens) The pair pushed upwards denoting new bottom at 0.0000275 level. 100-days EMA also played a supporting role, albeit with a small penetration. Now the pair established an uptrend direction and held it. Nonetheless, we can’t identify a complete turnaround pattern as long as the Global Trend Line Resistance will hold. Hence,...
It appears that Lumen XLM is about to break out and move higher. I've set a target of $0.77 for mid to late April. This relies a bit on BTC price action to support the overall altcoin market as well. The price action is shown in the triangle formation to be squeezed into a narrow band of selling with declining volume. The chart would indicate that this selling...
One of the altcoins that hasn't went up significantly in the past few weeks (compared to REQ, OST, NANO.. etc). Looks overdue for a run. Daily STOCH is about to turn up and the support line is there. Let's see how it goes, I'm favoring the pink line.
I'll be honest. That entire correction was/is weak. Anyone one who bought at the top, had no stop loss (hard or soft), or HODL'd got hurt. But the entire crypto market is setting up. Kinda hurts to put money in right now after such an abrupt and ripping take from the bears. Long investment strategy, however, with the current analysis, I am seeing slightly lower...
Once the awesome oscillator signals bear trend reversal, Stellar will start a Bull run. Also from the Fundamental side; there will be some good news coming to Stellar's way.
Despite the breakthrough of Global Angle Resistance, which supposed to mean the end of the downward tendency and a starting point of the bullish movement, STRUSD drew the Head And Shoulders figure in the resistance zone (probably caused by the fixation of profits by Traders who invested on the 0.26 levels) and went down. Judging by the fact that the pair stopped...
Hello my favorite followers! How are you? I'm good, but XLM is hot! I update my chart of XLM. I love this coin. It has a lot of potential. XLM is on multiple exchanges. XLM dropped to his consolidation level and going down again to square up at 0.0001875 area. After this, XLM should go up. XLM is turning me on ;) Add me on telegram: web.telegram.org