XLM looks like its completed waves 1 and 2 on the day.
looking for wave 3 to my target zone.
f you've found this useful, feel free to donate. thanks.
BTC: 1LCayhGfdzsNP9M5227LyE28FKed4thEsB
LTC: LaPLQ6JoiqrxYED9FBNVphyApAhpW4Yw3R
ETH: 0x1Ec59747Ff307FaA71de070A3914e9afFbac7424
Technical analysis:
. STELLAR/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
Technical analysis:
. STELLAR/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
Technical analysis:
. STELLAR/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 69.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.11789000 to 0.09560000). if so, traders can set orders based on Price...
Technical analysis:
. STELLAR/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 69.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.11789000 to 0.09560000). if so, traders can set orders based on Price...
XLM looks like its completed 3 sub waves of a higher order wave 1.
Wave 4 is currently forming, and i'm expecting a C move down the 0.5 fib.
if you've found this useful, feel free to donate. thanks.
BTC: 1LCayhGfdzsNP9M5227LyE28FKed4thEsB
LTC: LaPLQ6JoiqrxYED9FBNVphyApAhpW4Yw3R
ETH: 0x1Ec59747Ff307FaA71de070A3914e9afFbac7424
Stellar Lumens, #XLM aka #STR, appears to be catching a bid here and breaking out of this extremely low volume sell off over the past 5 months, with today's and yesterday's session showing > 5x average daily volume.
Still early, but resistance is the 200 day at 3200 sats.
BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
Price of stellar formed a solid support above the $0.1000 level and rallied above the $0.1050 and $0.1100 resistance levels. On the upside, the next major resistance for buyers could be $0.1150 or $0.1200.
Goodbye, not "good buy" obviously.
As you can see that the long-term resistance just turned into a very strong support, that's a very bearish sign ( Textbook ).
Weekly RSI still has plenty of space to drop, I mean, a real significant drop.
There are 2 levels watch:
0.1$ , there will be a bounce here but I don't think it's a big one.
0.05$, potentially the...
Both TP = 0.1802 and 0.1713 (July, June lows) got hit following the late November collapse of the whole market. As with most coins, the achievement of the last short targets marks the end of our shorting strategy on XLMUSD as we believe that the market is near a long term bottom zone. Traders who wish to keep trading Stellar Lumens can consult the 1W chart which...
Buy Price: Green area
Profit: blue arrow
Invest Suggestion: 15 Percent
Profit Expectations: - 10 - 20 Percent
Looking at the chart of Stellar, I could see a pattern: the last two months, every time that currency, or closed or opened daily candle in fibo of 0.61, it had a great high that day or on the next days.
So, be ready to buy Stellar, it will touch fibo...
XLMUSD has been one of the strongest performers of the past 2 months. Proof of that are the Higher Lows printed on 1D since Sept 11, that have created an Ascending Triangle (RSI = 55.984, MACD = 0.007, Highs/Lows = 0.000) with 0.3053 as its Resistance. If the price rebounds on a new Higher Low near 0.2325, then it will most likely test the 0.3053 Resistance....
Greetings from Benice team!
Stellar coin has recently attracted much attention. It is very interesting that they have announced the possibility of adding it to Coinbase pro and of distributing coins for free on the blockchain wallet at the same time. Anyway, they are whetting our appetite. The news about the free distribution of coins has even appeared on RBC...
