HI !
On weekly time frame we can identify the cup and handle pattern. BULL SIGN in a BULL trend
On a Daily time frame we have a nice ascending triangle. Bull sign
Also, we can see the ending of the 2 Fibonacci retracement wave .
The targets are mentioned with a purple line .
Happy trading everyone !
Greeting from IRAN to whole trading community 💙✔
Stellar is moving through a ascending channel since early 2021
Stellar has achieved to make a new ATH in 14th April
After that price has dropped below Mid-line channel
After about 3 weeks of time and price retracement , Stellar has acheived to breakout mid-line of channel
So higher targets would available now ,...
Hello traders and friend,
today trying to figure out Stellar, there is not an easy way to frame it (DAMN).
According to the chart, this projection to the end of the year shows a strong positive trend.
All indicators are in favor of LONGS but with an amazing speculative team.
Watch out for the first breakout (cause Stellar moon fast) then the second and last...
Greeting from IRAN ❤❤
As i mentioned before stellar is moving through a powerful ascending channel
Price dropped down as it touched Midline of the channel , but in 2nd attempt price breakout that level strongly and attack to its ATH
ATH level breakout with a strong long body bullish candle , which show us that price is likely to reach higher levels
There will be a...
As you see here, price rejected our trend line just bellow, we got our several confirmation with Fibp levels and MACD. changing from bearish to Bullish, strong support just bellow the price.
all this confluences makes us to think about strong buy position here 📈‼️
R:R 1:4.2 LOVELY ORDER
lets see how this one goes!!!
Any question DM or Comment,
GOOD LUCK EVERYONE !!!
Stellar - Daily
Bottom Line: Higher against 0.1192 ; in a developing (iii) wave at larger degree.
Outlook: Against 0.0667, the focus is on higher in a developing advance, wave (iii) of ((iii)) .
Analysis: We're watching for evidence a $XLM ended its wave ii correction at 0.0726 . A break above 0.1008 would bolster that outlook and setup a...
STELLAR - Intraday Update - 12/06/20 (Short-term)
Bottom Line: Subdividing higher within wave iii of (iii)
Breaking above $0.23179 is the next upside objective for the bulls.
Outlook: A fifth wave rally is in its early stages.
Note: Prices can vary between exchanges, and consequently there may be differences in our chart prices due to different data sets.
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: 0.052774 to 0.051811
Sell between: 0.053524 to 0.055333
Regards,
Atif Akbar...
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...
The XLM token started with the opening price of $0.002251 in Jan 2017 as per Kraken exchange and reached at $0.06700 within 4 months on May 2017 that was more than 2,876% huge bullish move which brought the Stellar in lime light and in a very short period of time the token came among the top cryptocurrenices list.
The market cap was increased from 17,173,226 to...
The priceline of XLM / US Dollar cryptocurrency is forming last leg of bullish BAT pattern and soon it will be entered in potential reversal zone insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.072350 to 0.070104
Sell between:...
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: 0.068239 to 0.067357
Sell between: 0.069275 to 0.071303
Regards,
Atif Akbar...
XLM update:
Managed to find support at our area of interest and bounced. I think R1 will get tested and will pose as a significant resistance here for Stellar.
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...
