So the whales have attacked again causing a couple percent drop. BTCUSD back to 8168 at the time of writing this episode.
My thoughts for XLMEUR for today:
- remain above the bounce area
- recovery again to 0,30 cent to the Euro
- remain above 4000 Sat's and climb to 4100 Sat's
If not, we need to think about a new trend going down faster than anticipated..
time...
Stellar is also one of today’s anti-heroes as its price declined for 11.61 percent in the past 24 hours. XLM/USD reached the support area at 0.3189 and jumped off it towards the resistance area at 0.3377. The currency pair has also crossed the descending trend line in passing. There is a Shooting Star candlestick pattern in the moment of writing.
The possible...
The current drop is natural after the failure to reach the median line (ML) of the ascending pitchfork. It has also failed to reach the 38.2% Fibonacci retracement level, so the drop is natural. A breakdown below the inside sliding line (sl2) will confirm a further drop towards the LML and towards the outside sliding line (sl). Only a false breakdown below the...
The rolling three-day signal for Stellar (XLM) is "Don't Own". This is day two of the three-day signal. The signal will be updated and shared again on Thursday. For further details or discussion, feel free to leave any questions or check out signature/profile.
STELLAR/DOLLAR
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is possibility of temporary retracement to suggested support line (0.31) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes...
STELLAR/DOLLAR
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is possibility of temporary retracement to suggested support line (0.31) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes...
Stellar is currently riding on wave 3 and will hit ATH of ~.49 in next couple of days.
Then will retrace back to current level before starting its journey to create new ATH.
Current levels marks the best opportunity for good profit margins for both short and long terms.
I'll only give small updates on Twitter. Give this idea a like to see more ideas like this.
As long as BTC doesn't drop, there are more gains ahead.
Buy: If it closes above resistance of the triangle or if it closes with an hourly candle above neckline of the cup.
Targets:
Target 1: 0.3969
Target 2: 0.469
Target 3: 0.609
SL: Below raising support line....
STELLAR/DOLLAR
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*There is still possibility of temporary retracement to suggested support zone (0.23 to 0.18), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.23)
Ending of entry zone (0.18)...
Technical analysis:
. STELLAR/DOLLAR is in a down trend and Beginning of up trend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
Trading suggestion:
Although current trend is downtrend, but we forecast a uptrend wave would begin in Midterm.
Price is in the Buy Zone (0.23 to 0.18), we would set...
I would like to point out to you how well Stellar is going to do for the next 6 months...
This is at a second place for growth potential for me as for the top 10 coins on coin market cap right after EOS
Here is why :
There is a big bullish hidden divergence on Stellar that starts beginning November with a value of $0.029 and that comes to nowadays with a value...
Good day traders,
I'm no expert and I usually don't forecast patterns, but this time I will.
XLM recently broke out of the downtrend, started an uptrend and quickly dipped back.
If it can regain momentum and reenter its uptrend $1 wouldn't be impossible.
If it doesn't manage to, it could finish the head and shoulders (see chart).
XLM currently sits on an...
