Hi again, I really didn't expect such a dramatic fall in BTC recently so my prediction of buying XLM at 0.195 ended up being wrong For that I apologise. What I expect from here is BTC to fall a little further over the coming days and weeks and with it the rest of the cryptosphere. 0.08c is a strong support for Stellar but not a lot in between unfortunately....
Stellar (XLM/BTC) is looking incredible right now for the month of December due to both TA and FA. Let's start with the TA first. Technical Analysis (1D Timeframe): XLM/BTC has been holding a rising channel since September and looks like it is starting to bounce off of support at 3,600ish sats. Not only that, but RSI has reversed direction and there is a lot more...
Trend reversal. Chart is self explanatory.
Both TP = 0.1802 and 0.1713 (July, June lows) got hit following the late November collapse of the whole market. As with most coins, the achievement of the last short targets marks the end of our shorting strategy on XLMUSD as we believe that the market is near a long term bottom zone. Traders who wish to keep trading Stellar Lumens can consult the 1W chart which...
XLM on the Channel Bottom if you are trade XLM then you can pick around 3600-3700 Set StopLoss 3400 and Target 4500. Let See What Will be Next Move .. I hope that Next Wave will be Move to our Target. if you are doing Trade XLM then , you can also Set Stop Loss own RR Ratio. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only....
There is not much to say about crypto this week. It looks to be another continuation down. Well, let's get to it. On the weekly chart, stellar is in a freefall as with the majority of the cryptoworld. If we look at the chart, we see that stellar has broken below the blue dash line which was acting a major support line. Now that it is broken, I can only assume the...
A quick look at bollinger bands on the STRUSD chart (Stellar on Poloniex). Hope you find this helpful.
In becoming a trader their is so many different methods to trading to learn and to try. Without someone to show us the right way we are usually destined for failure from the start. I have probably spent way to much time trying out how to find out what works the best and what doesn't work at all. You name a strategy and i have probably learned and tried it out. I...
XLM doing very well so far after it's breakout of the pennant formation, i expect the bullish momentum to continue, the fibonacci fan can be used for selling targets if we see a huge rally as a consequence of the breakout. In the short term, the 4000 satoshi level should act as a good support for accumulation, but it is possible that we may see a correction down...
XLM Are Trying to Make Head & Shoulder Pattern if NeckLine Breakout then We can See Trend Reversal Bullish to Bearish Trend Because Head & Shoulder is a Trend Reversal pattern, So Trade Care Fully. if You Satisfied Then Dont Forgot To Hit Like. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Stellar, what am I say. I am in a bind here. Oh how I love stellar, but I have to say this. So let's get down and dirty from a long term perspective. At this point I will say I am staying away from stellar. Stellar is one of the best few coins that if I was day trading, is diamonds in the pocket. If we look at the weekly chart, we see that stellar is at the bottom...
Chart is self explanatory.
As I've mentioned in my last TA, my buy area is in the .20-.21. I actually already have buys set at .195 in case they are triggered but I'm not sure if we'll dip below .20. RSI is oversold on the hourly. BTC continues to fall which is bringing the XLM price down with it. A strong performance by Stellar means that XLMBTC continues to impress although there has...
A strictly basic technical viewpoint indicates that digital currency XLM is oversold against the dollar and trading at a great value. While the Intelligent Moving Average (AI) has not yet crossed or indicated any change in momentum, I am anticipated a change in price that would lead these moving averaging to a cross. The RSI strap is indicating extreme...
Based on the daily chart, Stochastic RSI is on oversold area, which could potentially reverse on these 2-3 days. Also, we see that there is a bullish divergence on the Stochastic RSI (daily chart) On the 4hr chart however, the Stochastic RSI is in a overbought area, which probably would stop the rise of XLM/USDT for a while. and continuing its upward...
If the marketcap keeps going lower and bitcoin stays where it is or also goes lower, i dont see a reason why people wouldn't like to get profits on 4300-4400 that's been tested so many times. I am really bullish in the long term but I have some doubts at the moment. Cheers.
Text / targets inside the graph Let me know what you think about the price, drop your ideas and suggestions below in the comments
Hello everyone, Hope you made some money on XLM's flight to glory during a time when the whole market is bleeding. Looking at the daily chart, we can see a bearish divergence between price making HH and RSI making a LH. Couple with that, we see a typical shooting star that has yet to be fully formed during the remaining hours for the candle. I will be taking a...