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 finally reached a strong support line from 2016 and since then has been stuck in a range. According to the chart we are forming inverted H&S with potential entry at 901 sats and two potential TPs: 1. 1011 sats 2. 1252 sats Do not forget about stop-losses. It's not a financial advice. Trade carefully and good luck!
Hello, Traders! Monfex is at your service and today we overview XLM/USD log scale. By breakout the first resistance line, Stellar will begin to target to the second, MA200, zone of resistance. RSI is also movng to the overbought zone. XLM will upgrade Q4 Protocol to the end of this year. The resistance zone ~ $0.875 The local support zone ~ $0.65 ...
Made on mobile so chart might be skewed. Let’s see if these targets are hit before getting carried away with new ATHs. Based on Wyckoff (teal and yellow) and falling wedge (green).
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: 0.058006 to 0.055971 Sell between: 0.060180 to 0.064632 Regards, Atif...
Daily chart. Every indicator is showing bullish while PA is breaking EMAs and the bullish crossover is near. Volume defines S/R areas on red line, more or less where i will take profits. Indicators: - MACD signal crossing ZERO line - RSI breaking 50 and supporting - ADX on sideways but DI+ dominating. - STOCH is crossing bullish outside the overbought PA...
Large moves coming for alts. Dont sell the initial pumps. Wait for the home runs. God Speed, Mr. Manbearpig
The priceline of XLM / US Dollar cryptocurrency is forming last leg of bullish Cypher 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. We have strong support of 100 simple moving average within PRZ area. Volume profile is showing less...
XLM has broken up from its downward wedge and looks to aggressively regain ground as Bitcoin's price comes under pressure. XLM has partnerships with IBM, Deloitte and other national banks in emerging countries. XLM is a much quicker payment system, much cheaper and much more decentralised than Bitcoin. Furthermore it is open source and therefore is likely to...
Priceline of XLM / US Dollar cryptocurrency has formed a bullish Gartley 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: 0.05884816 to 0.05789023 Sell between: 0.05960227 to...
Bullish divergence on RSI (4hr) led to relatively high volume and 50% price increase, ending in a crisp ascending triangle that is tracking nicely. Just an idea!
XLM/BTC, much like XRP/BTC, is currently trading above its 10 week moving average for the first time in months. With XRP/BTC looking pretty bullish on a weekly basis, XLM is likely to follow any rally higher by XRP as these 2 coins tend to move together. Also, for any crypto traders out there, Binance just launched their US exchange (Binance US.) If you need a...
After a double bottom, buyers are showing massive interest with a 40% impulse move on 10x the average volume. The second up leg has already started and is showing support at the previous range high. Waiting for price to reclaim the grey line and show a good set up.
Nice tight stop. Looks really good. alt season is here. We just dont know how long it will be. God Speed, Mr. Manbearpig
Conclusion for today's Stellar Lumens price analysis:A break above the long term trendline can be used as part of a conservative strategy to go long (i.e. buy) Stellar Lumens. A log scale of Stellar Lumens price is presented on the 6 hour timeframe with coverage of market action since May 2019. The long term bearish trendline is plotted on the chart with peak...
Very nice setup if you have usdt just because of bears we have to move money Buy : 5870 - 5900 Stop : 5% Target : 5 to 30%
Price Action(PA) XLM closed above 700 sats resistance level . Closed above EMA 21,50,100,200 Uptrend. Indicators: RSI above 50 points, MACD bullish crossover above zero line ( bullish sign) Pattern: Failing wedge bullish breakout. Bullish Volume respond. Confirm trend. S/R : Strong support at 600 sats , Resistance at 850 sats . Disclaimer: THIS IS NOT...
6 cents is coming, the next wave pattern to the peak begins on or after september 19. Price isn't going to get much better. This is speculation of course, come to your own conclusion and make your own decision. Preferred vehicles are speculative and losses may or may not be assumed. Investing in cryptocurrency carries an inherent high degree of risk.