Stellar Lumens (XLMBTC) just hit a new low today marked by 1.618 Fib. retracement support from the last bullish wave.
Looking at the structure of this chart, it is easy to see that XLMBTC can go lower before moving up.
Feel free to hit like... And let's continue...
Few points to take into consideration:
Trading volume is really low, so this drop is coming to...
Nothing flashy here. I am just comparing XLM's 2017 cycle with the current one. Even though the duration/ horizons are different, the principles of market psychology stay the same.
We see an aggressive sell-off initially over -80% followed by a first period of consolidation leading to the final sell-off (around -70%). Stellar seems to be on final stage of the...
Stellar is one of the coin wich didnt suffer a lot in this bear market,
and now is paying back to have been so strong in 2018.
it's just meaning that XLM is late.
Monthly Timeframe still go down.
Weekly Timeframe is Flat and ready to go up.
Daily Turning Green.
Making Highers Highs.
Volumes turning green.
First Target 2690ish.
Second Target 2890ish.
XLM is a...
XLM looking good after a nice bounce from previous support. Don't buy the red candle, But the retest with good R:R.
Signal Type: Regular
Entry Zone: 2375-2575
Take-Profit Targets: 2750-2875-3175-3300
Stop Targets: 2265
It's true. Nothing looks good about the XLMBTC chart. Even looking at the XLMUSD chart, we're still trapped in the bearish channel, unlike many other cryptocurrencies, including ETH. That's pretty nuts. Here's the USD chart:
Zoomed in on the daily with a couple possible scenarios:
Looking very good now, XLM' bulls have been waking up again and finally seeing some volume and real movement again. So we broke up from that small triangle on the right and are following the blue line scenario since we broke up strong through that red resistance. Since we are back in the channel chances are increasing that we might test the...
Just starting to look into some of my favorite Alts after that 0x run. Lumens will be first on that list ;-)
Background : Please refer to the upper arrow, signaling a good break of the 618 for buyers. Since that time, as expected, we are experience wave-like volatility as the market struggles to make a definitive decision. Do not be mistaken, lower targets exist...
Long time XLMBTC falling in falling wedge - reversal pattern.
IBM plans to further expand its Stellar-based cross-border payment system, covering ‘a substantial portion of the world’. IBM has big plans for Blockchain World Wire, its Stellar-powered payment system that was launched in September. Jesse Lund, Head of Blockchain Solutions at...
Here we have BINANCE:XLMBTC on the 6HR chart. Full retrace back to previous accumulation zone and horizontal support. Bullish divergence-RSI rising and price decreasing.
I'll be adding to my position here for the long-term and take a short-term position.
In Weekly Timeframe XLM On Support & Almost Ready For Reversal..
So Buy & Hold It Guys For Midterm..
Sell Targets 2700-3000 Sats
Stop Loss Below Support Zone ACCORDING To Your Risk...
Hit Like & Follow me..