After the Bullish trend which started on the 2nd of November, it seems that we have a crossroads again, as long as we are about to register the 3rd consecutive day of decreasing and the price is now "testing" the 20 days Moving Average which has the same value as the Support Level 1 of 0.2435$ For the ones who will consider a higher level of risk, the basic...
XLMUSD has been one of the strongest performers of the past 2 months. Proof of that are the Higher Lows printed on 1D since Sept 11, that have created an Ascending Triangle (RSI = 55.984, MACD = 0.007, Highs/Lows = 0.000) with 0.3053 as its Resistance. If the price rebounds on a new Higher Low near 0.2325, then it will most likely test the 0.3053 Resistance....
I have closed my previous trade at 4140. RSI on the hourly plus a look at previous consolodation period was my reasoning behind this. If you continue to short XLM it may make sense but I am just making this update to show what I am doing. Do you agree or disagree? Let me know Have fun trading out there and be careful.
So we overreached the first target slightly and since dropped just as fast again, but we are still above a support level. No we do NOT want to see that green support get broken because that could trigger more selling pressure. If some were wise enough to take some profit at the yellow circle and still believe in the bullish version, this would be the spot to add...
BINANCE:XLMBTC Technical Analysis Ascending Channel - Bullish / Upward Trend CM Williams VixFix Indicator - Predicting a Bottom Price is in 50 MA Support / Price on support in Ascending Channel Elliot Wave Theory (Looking for Wave 5) Fundamental Analysis Strong Sentiment being added first on Coinbase. #Coinbase #Stellar #StellarLumens $XLM
The news There are many interesting news surrounding the Stellar, that in combination, should affect the price. It is just the matter of interpretation, and understanding the market reaction to all that is happening. Let's get into it and see what is really going on. 1. Recently, Coinbase has accounted the listing of several coins. Which are ADA, BAT, ZEC, 0X...
Last post about XLMBTC: Disclaimer: Sold half at 4193, another half at 4336 Now it becomes quite clear that it enters into another downward cycle after the boost (MACD DIFF downtrend, %K %D reversal, RSI falls after peak) (Of course it could go up again but seems less likely) And we will have to find the next re-entry point, as XLMBTC is still bullish to...
Targets and stops on the chart. Don't forget to like and follow. Thank you.
Greetings from Benice team! Stellar coin has recently attracted much attention. It is very interesting that they have announced the possibility of adding it to Coinbase pro and of distributing coins for free on the blockchain wallet at the same time. Anyway, they are whetting our appetite. The news about the free distribution of coins has even appeared on RBC...
Stellar has been diverging from the Crypto-Index at an extreme rate. This rate of change is far too great to end any time soon and will result in an extreme rally to ATH's within the next 36 days for possible returns of up to 3000%.
XLM' has been on of the strongest Altcoins of 2018, it's maybe the only that never got below the April low, not even Bitcoin' was able to do this. The past few days have been a confirmation of this (hidden) strength. Why? Just look at the movement of the past few days, the whole market broke the bullish patterns and dropped while XLM' simply made a big bull flag...
Opened a position on the breakout of trend line with SL just under.
Hello guys! So, XLM - another solid project. This diagram is experimental, let's see how the next time zone of fibonacci works. In any case, this chart looks great, while the bulls are on the way. Target around 1.7$ per one XLM, sounds good). ITS NOT financial advice!
Yesterday after this post: The price of XLM increases abit From 0.00004071 (at the time of the post), to 0.00004231 (now) Reasons to hodl?: 1. Stochastic still K>>D 2. Bullish divergence at all indicators as shown (RSI, stochastic, MACD) When to sell? (when it does not reach last highest price): 1. Not being able to get through the last highest price (around...
Hey guys take a look on my XLM/BTC chart, possible breakout soon.
1. RSI still not downtrend 2. Stochastic K crosses D again 3. Stochastic still uptrend 4. MACD double bullish Plan: 1. Find a better price to sell in this (?last) wave before a correction