After a very healthy 15% gains from a recent #Lumen Long trade with Crypto Tipster v2 we've now been shown a Sell signal after testing and getting rejected by strong descending resistance.
We do have a reasonably close level of support with #XLM, how strong this support turns out to be is the question (isn't it always!) We'd set a TP1 level on this support with...
PRETTY MUCH SIMILAR TO IT'S TWIN- RIPPLE,LUMEN ALSO CREATE HLHH,BULL ABC PATTERN AFTER REJECT THE DAILY SUPPORT ZONE,I SEE LUMEN ALSO MAKE IT STEP TO THE 🚀🌝,🤣🤣🤣
21Shares Launches Stellar (XLM) & Cardano (ADA) ETPs, A Global First For Both
Stellar, is a purpose-built blockchain enabling the transfer of any kind of assets and currencies; for example Bitcoin, dollars and euros, and allowing developers to build low-cost financial services on the platform. Lumen (XLM), Stellar’s native token is a utility token for the...
Hi friends hope you are well and welcome to the new update on Stellar. Today in this article we will see how the XLM is turning more and more bullish to achieve the highest price ever in its history. But this time the Lumens is also giving some bearish signals on the short-term let's watch the bearish signals first.
Formation of bearish Shark:
On the weekly...
Priceline of XLM / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.060290 to 0.056511
Sell between: 0.069304 to 0.082804
Regards,
Atif Akbar...
In my previous post I elaborated that how the price action of Stellar has formed a very big bullish BAT pattern on month chart and completed the bullish setup for upto 596% gains.
But the recent bearish move of price line that was started since Nov 2019 to Dec 2019 and leaded the price action more than 53% down.
The above bearish move pushed the forced the...
Wavetrend and Volume oscilator indicators seem to be lining up to retrace back to the Major resistance 2 line. This may happen once XLM breaks Major resistance 1 line.
This isn't trading advice, just documenting and learning ideas.
Any feedback is appreciated.
Priceline of XLM / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.078361 to 0.077317
Sell between: 0.079354 to 0.081503
Regards,
Atif...
Priceline of XLM / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.058006 to 0.055971
Sell between: 0.060180 to 0.064632
Regards,
Atif...
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.
We can see that Lumens have been trading inside a bearish descending triangle in the long term since Jan 2018.
But looking at the somewhat short term (start of May) we have been trading inside a falling wedge, which is bullish.
We will be hitting a critical long term support level at 0.185 soon enough. If the current sentiment continues, I expect it to break that...
