Possibly had a Black Swan, i.e., extended wave 1 and truncated 5th. Since the primary wave 3 length is not at least 1.618 * primary wave 1 length then we expect for primary wave 5 length to be 1-to-1.618 the length from start of wave 1 through the end of wave 3, which equates to the 2-3 range of the white fib levels.
Stellar is in sideways trend at the moment. This is typical for 4th wave of consolidating in the triangle, but according to my count we are most probably still in the 3th wave of the bigger degree. After we break the triangle, our projection would be up to the target shown at chart. On the way up there is the higher peak which is our resistance. If we want to...
BINANCE:XLMBTC on the 6HR, we have a short term pennant forming. The pattern and level is shown clearly, continuation flags and pennants have targets the length of the flagpole.
don't miss this Flag to 2000 Sats. All in Graph. Stop Loss under 1690 Sats. all in Graph. Happy Tr4Ding !
This is very long term prediction for XLM, i used Bittrex and not Binance simply because Binance is too young exchange to make this kind of trends. i did for a friend always asking me why i don't do long predictions ??? :P it's always difficult to predict the future but Fibonacci never lie right ?? So in graph u can see that XLM bottomed and will make a Hammer at...
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.
XLM is bullish so if u have time it can be easy to make some scalps on 15M Timeframe. Scalping can be easy and fast gains but can be a nighmare if u don't set ur own rules. When u trade a bullish coin you have more chance to win because u follow his bullish movements. in this case method is simple as you can see in the graph. Buy Around 1750-1760ish Sell Before ...
"Stellar’s cryptocurrency, the Stellar Lumen (XLM), powers the Stellar payment network. Stellar aims to connect banks, payment systems and individuals quickly and reliably. Since its launch in 2014, its vision has been to unite the world’s financial infrastructure so that money can flow quickly and cheaply between banks, businesses, and people. The Internet...
-WATCH FOR BREAKOUT -WATCH FOR RETEST -EXECUTE WITH CONFIRMATION
Aha! So the dip below the long term ascending support was a fakeout after all. I posted a few bearish ideas recently, giving an idea of what could happen if the market failed to recover here. However, it's fairly clear at this point that the market is recovering. Today we had some pretty insane gains for altcoins - gains that have not been seen in quite a while....
XLM forming a very nice hammer on volume today and if we can close above this resistance level then local highs are on the table Engulfing candle forming as well with MFI turning higher
With BITFINEX:BTCUSD screaming high above $8k, we've seen most alt coins lag quite a bit. Most performances have been pretty bismal, but I think things may be about to turn around if we can see Bitcoin cool off here. One coin that grabbed my eye was BITFINEX:XLMUSD . I did some chart analysis and it seems to have reversed trend giving us a great set up with...
OBV has broken its parabola on the daily I still think that it is just a fake out based on how far it is sitting outside of the BBands on the Weekly Double bounce off of the S2 pivot Bullish div on volume / price action RSI testing area before it last bounced Last flush before turning bull? We will see soon
Potential H&S forming on XLM/BTC. The next day should tell us what we need to know and whether a reversal of the bearish trend will happen. With BTC gaining a lot in the last few days it has made trading tough and a lot will depend on BTC performance but if we can break through that neckline and climb to 1500 sats then we may see a quick climb. Keep your...
After this brutal Shake out, it looks like XLM found out his bottom around 1400ish in corellation with December 2017 rally. if BTC repump hardly we could see 1150ish but anyway right now it worth a try to re-enter markets. i didn't show indicators simply because everything is oversold. Follow closely BTC King for now and stay Safe. Happy Tr4Ding !
Hello everyone, The second trade the bot has active is XLM/ETH. At this point, XLM is testing lows so it might take another 30-60 days to exit this position, considering the fact that this account was supposed to be a long term long I im really bothered right now. P.S XLM is going to 0, don't long it unless you have a tight stop 2% max. All the best