Stellar lumens forming a bottom with bull divergence on rsi, getting ready to reverse the trend. will also perform really good against dolar pair.
Head & shoulder + Bull flag OBV Breaking + little bull div on daily Target : 0.20
Welcome to this TA on XLM. We can observe from the daily charts that we are experience a hell of a squeeze on the bollinger bands as the price coils in within a wedge at around 1500sats. We can only await a breakout or breakdown at this point. However, is it going UP or DOWN?? That's the big question. The 4hr charts give us a bit more insight into this. It...
50D MA moving up - breaking out of down slope inverted head and shoulder pattern supply seems to be running out
Xlm is playing games with everyone. Triangle still valid. I've been in since point A, so wasn't stopped out but you'd want your stop to be under E (recent lows) if you're in heavy otherwise a wide stop is ok and then add to your position on break out (confirmation) of triangle. thread in comments.
Chart is self explanatory.
BTC Down but XLM still strong now. what it means ? XLM is in Accumulation Zone (Green Rectangle) between 1500-1600ish. Bears still trying to make it down to buy cheaper, but it looks like XLM not want to go more down. Airdrop is over. Now just consolidating for the next push up. the next break up to 1900ish will be a strong reversal sign because we will breakout...
Chart is self explanatory. From this point we can start to grow right to the 2700.
The price action of XLM since November has been quite disappointing to many investors. However, the good news is...XLMBTC is in a falling wedge pattern - which is generally bullish. Additionally, the last touch of the wedge's bottom occurred with some really enormous volume. This is enough to convince me that there is a strong possibility of a reversal on this...
look for the breakout this week. daily is also about to break out of an ascending triangle to start the breakout.
For a long time, Smartlands was the best performer in my crypto portfolio. It even outpaced BNB for a while (which I still don't own). I originally bought SLT when it was worth 2XLM. Now it's worth 24 XLM. At its peak, it was nearly 50XLM. Interestingly enough, that peak coincided with its listing on Bittrex, where it gained a Bitcoin pairing for the first time....
XLM broke above resistance and has come back down to retest it as support If we can hold this level, possible targets are outlined in the chart Ripple looks ready to run as well and they have both been correlated in the past so something else to keep an eye on
Will it be to the upside...or downside? XLM has gotten back above the long term support today (in purple), but it's also pinching RIGHT below the downtrend channel resistance. XLM has continuously been one of the worst performing coins during the second half of the bear market. During the first half, it did relatively well. After reaching a bottom at 7 cents...
Hi everyone! Before we get started, take a second to hit the like and follow button to get updates on XLM in the incoming weeks and months. XLM is within a narrow orange falling wedge since May 2018. As we are reaching slowly its end, I see a higher probability for a double bottom at 0.0750-0.0677 where I recommend buying while keeping tight stoploss and waiting...
If ABC is over, we will strong run again.