Hi guys hope you are well and welcome to the new update on a Stellar. As in my previous post we have seen that the Stellar had started a correction really now in this article we will try to understand how much the price action can be moved more down.
The bearish Shark has done its job:
On 8th of June I posted an article where I revealed that the price action of...
Big wicks have that previously have formed touch 1.618 on fib circle
Broadening wedge is forming with a clear break above it the wedge on the third touch, which is the usual case
Interesting price action how it is move up along the Fibonacci circle, creating the wedge.
➡️➡️ With the XLM protocol 13 upgrade live, and with the long term bearish trend finally starting to reverse, it is looking like there might actually be some reason for XLM bulls to celebrate again.
Now let's look to see if the bulls can take this uptrend as shown by Fractal Trend (Aqua bar color) and turn it into a proper launch pad from some of these horizontal...
Hi friends hope you are doing well and welcome to the new update on Stellar. As after hitting the resistance of channel the XLM has dropped more than 24%. Therefore in today's article we will try to understand what the price action can do next.
Bearish Shark pattern has done its job:
In my previous article I revelaed that the price action of XLM has formed...
Bitstamp listing on June 17th and Protocol update next day promise some bullish movement for Stellar. Obviously a lot depends on BTC, but as it haven't yet lost a chance to test 9700, XLM can test 7650-7750 as well.
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...
Well i will try to be clear :D and make understand what i think.
i traced a Descending Fibo on XLMUSDT Pairs and compared with falling EMA's 50/100/200
Yellow Circles are fibo Rejections.
Orange Circles are EMAs Rejections.
i checked mostly all indicators but i don't add them to not make confusions.
what can i say on indicators is Weekly Show indicators RSI...
On a weekly timeframe, accumulation under the level.
Where the price will be canceled to look.
Upward movement will be a continuation of the growing trend.
Going down ... ...you know)
On the day timeframe:
It is worth paying more attention to the accumulation marked with a gray square.
Averages moving under the price, it means a bullish trend. The fall of EMA...
Hi friend hope you are well today we will try to understand by the Stellar is turning more bullish than Bitcoin as the XLM has recovered more than BTC. If we take a look at the daily chart of XLM then it can be easily observed that after the drop from Feb to March 2020 the price action moved 196% from the lowest to highest price level. On the other side if we...
This is a revision of the patterns and time frames updated from my last chart posted about 1 day ago linked as the related idea.
Yesterdays Forecast
Quoted from my last chart description:
> " price may drop as low as ~$0.068 in a few hours finishing a structure over the next 18 hours (highlighted by next upcoming green trend lines .)" - this event has mostly...
after a 200-day drop.
Almost one year goes by XLM accumulation
EMA 50 and 200 show the intention to continue the trend.
It is mandatory to test the intersection zone before growth.
The asset has fallen by almost 90%.
Do we wait for full recovery and new heights?
Well, there will be at least a half recovery of the fall, after leaving the accumulation of their...
Clear fall after wihin the 50 days. When XLM increases, it is an indication that the entrie crypto market is gonna fall down after a month. When XLM decreases, it indicates the onset of a new mini bull run. XLM rises at the end, just like XRP. So, awaiting huge crypto onslaught.
the idea was published on march 19th at the request of the subscriber. it has now saved 30% of the subscriber's loss. he wanted to cover the minus. i recommended he keep it.
XLM looks stronger than the market.
After the break-up and fixation, you can try a new longitude.
A break-up of the level 0.053 will open the way to 0.059.
Friends, thanks for your likes...
Slight falling wedge has formed on a large scale on XLMUSD
This is a good long opportunity
Potential breakout targets include that of the Top Cap line, which may take some time but if you are patient this could be for you.
