On long term weekly chart the price action of Stellar is still moving in a rising wedge. Even though the candlesticks have spiked beyond the support of wedge but there the 50 simple moving average has provided strong support. This SMA can be helpful for priceline to save the support.
On daily chart the priceline has broken...
Hey friend, hope you are well and welcome to the new update on Stellar coin. The price action of XLM is moving within an up channel since after the mid of March 2020 and I am following this channel since then. The priceline of Stellar has broken down the support of this channel two times. At this time it can be clearly seen that the price action is out of the...
Hey friends hope you are well and welcome to the new update on Stellar coin. In my previous article we have seen that the XLM was having strong support of 100 simple moving average, then the priceline started more bearish move and at is time it is breaking down the 100 SMA support. Now the priceline of XLM coin is at the support of rising wedge pattern. Even...
Sell on 1 hour chart
Sell on 7h chart
Sell on 1 day chart (oversold)
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As you can see on the chart EngineeringRobo and I are bearish about XLM at the moment.
If you are currently holding XLM, you should sell right away, you can sell it at Engineering Robo sell signals.
If you are planning to buy, it's advisable to buy with the EngineeringRobo buy signals or at the support level ($0.059).
No matter which level you are buying, watch...
Stellar is an open-source network for currencies and payments. Stellar makes it possible to create, send and trade digital representations of all forms of money—dollars, pesos, bitcoin, pretty much anything. It’s designed so all the world’s financial systems can work together on a single network.
Stellar has no owner; if anything it’s owned by the public. The...
xlm showing incredible potential to run and run hard
macd coiled since forever
100 day moving average of lows pointing up (in black)
50 day moving average of highs and lows (in red) crossing up and over
both are well outside the down trend channel
bears be gone!
I think it is just a matter of time before people turn their attention to payment/currency coins. Nano was really hot back in the day...
Nano is not an anon coin, so it is not known for its security, privacy and decentralization. It is more known for its fast transaction speed and scalability.
BINANCE:XLMBTC has risen above resistance, came down and made resistance new support. Since the glorydays of end 2017, begin 2018, Lumens has been on a decline along with most of the other alt coins. When the support of 2000 satochi broke, a decline of more than 70% followed. Since then, the price went sideways for more than 40 weeks. However, with the recent...
Just broke and retested resistance at 857 on the weekly. Will be looking for a bounce now on the daily for a potential long term long.
Market structure started to change on the weekly from around March but haven’t been able to break resistance at 857 until now. Also retesting 20 EMA at the same time. As long as we don’t close below the 20 EMA or support...
Stellar Lumens is on support and should resume uptrend soon, even if Bitcoin dips a bit more.
Current Price= 0.09998
Buy Entry= 0.10043 - 0.09623
Take Profit= 0.10957 | 0.12606 | 0.13926
Stop Loss= 0.08707
Risk/Reward= 1:1 | 1:2.47 | 1:3.64
Expected Profit= +34.32% | +84.63% | +124.92%
Possible Loss= -34.32%
Fib. Retracement= 0.786 | 1.272 | 1.618
Chart squared to range encompassed by light blue triangle, with Fib Wedge to back test levels. Pivotal dates align nicely to Pi and SOL. Hopefully XLM stays on course and steers clear of rising tides. Not trading advice.
We are in a coin picker's market- money is not flowing to every shitcoin there is- therefore, you have to invest in coins that have. a strong proof of work unlike before where every shitcoin would pump.
Part of Samsung Blockchain Network
Revolut Bank added it as one of the available crypto assets
Looks to be forming a cup and handle formation which...