Slight deviation but still rejection on the 1D Lower High. ShortStellar broke the 4H Rectangle but remained neutral (RSI = 52.265, STOCH = 49.594, Williams = -51.639, CCI = -11.5511, Highs/Lows = 0.000) as it got swiftly rejected on the Lower High (yellow lines of the two previous Lows) of the 1D Channel Down (RSI = 42.713, MACD = -0.016, ROC = -11.578, B/BP = -0.0014). As long as 1W remains bearish (Highs/Lows = -0.0426, B/BP = -0.1409, Williams = -89.166), XLM should hit the TP = 0.1515 on the next 4H Channel Down.
Stellarusd
XLMBUSDT: Perfect Zone for a LongXLM has entered the lower bounds of its descending wedge vs. BTC and is hovering near the support zone vs USTD. This coin has a hard fork in its future (August) and an implementation of the lightning network (October - December). One of its key investors is the CEO of Stripe - which was just licensed to start working with cryptocurrencies. We expect great things from this coin in the long term.
Buy from: 0.165 - 0.175
Target 1: 0.196 (top of the descending wedge) -- reinforce on breakthrough
Target 2: 0.236
Target 3: 0.298
Target 4: 0.371
La resistance!Markets went up yesterday driven by some crypto news from mr Jack. XLMEUR spiked to 0,208 and then started to tumble again below 0,20... hodl
Today
fight for 0,20 and XLMUSD to remain above 0,23
XLMBTC fight for 3500
when o when does BTCUSD recover to 7,000?
the new uptrend channel is approach fast? Did I forecast correct?
Hang in there!
More FUD and a new chartMarkets continue to trade downwards. Why? I have no clue. Technically for me it's simple. It's nice time to accumulate.
For you a new chart with another new lower support level at 0,1727. Be patient!
Today
We trade up, side or down? Range between 0,19 and 0,22
RSI will probably go-up
XLMBTC: recovery to 3500-3800 range?
Enjoy
New uptrend channelI have drafted a new uptrend channel with some new resistance lines. XLMEUR has been recovering nicely and it looks like we have successfully broken the 0,255 resistance over the weekend.
Today
range between 0,26 and 0,27
RSI to remain in the between 55 and 70
XLMBTC to trade around 4000s
resistance levels around 0,28 0,313 and 0,325
but watch out for those whales..
Have a nice day!
Break the resistance!Yesterday XLMEUR has been flirting with the resistance level at 0,255 cents (around 0,30$). I would like to see that this resistance is broken so that higher levels come into play. Some good news on XLM vs USD support on Binance and Bittrex should help.
Today :
range between 0,245 and 0,27
new resistance levels will drawn in the weekend, expect around 0,28 and 0,30
XLMBTC between 3800 and 3950
RSI remains high
BTCUSD should sometime recover and drive the Alts up
Have a great day
The rangeXLMEUR was recovering nicely yesterday when the whales attacked again. Imo some exchanges need more oversight. This dumping is not helping this industry. I expect more of these attacks and more side ways trading until we have some really good news
Today
We trade the range 0,23 to 0,25
Support resistance of 0,255 needs to be broken first for higher highs..
Recovery or small correction?Yesterday markets suddenly recovered. Yesterday I mentioned that the RSI was so low that a nice buying opportunity existed, but it was so short!
So what's next for XLMEUR?
range between 0,23 and 0,26 eur
support at 0,2550 eur needs to be broken before we can go higher
XLMBTC, level around 3800s
RSI will remain high
Good luck folks!
Weekend duf...Weekend duf: nothing exciting to mention for crypto markets. XLMEUR has been traded around 0,24 / 0,25 the last days. For higher highs we need to break the support line at 0,25. RSI levels remains relatively high between 50-60. Sathosi wise XLMBTC is now trading at 3881 and it would be good to see this going back to 4k.
Expectations for this weekend
IS: Neutral
XLMEUR: between 0,23 and 0,26
XLMBTC: 3700 and 4100 sats
What would be good:
If we break the 0,26 and slowly move up again.
Jed announcing some new projects
However: the BTC whales will probably attack to push BTC below the 7k mark.
I am going to enjoy the sun this weekend
Have fun!
Hitting support!XLMEUR back up to the support level around 0,25. Looking forward to see if it can break it and move further up (or not). RSI levels are quite high, so I am not so sure. If those BTC whales attack again we could be testing 0,22 again. More likely scenario is that we go higher... but on what? I am missing the good news lately. Fill me in please!
Fudcovery?Yesterday markets were driven down by FUD... Yesterday when XLMEUR was around 0,22 cents RSI levels were so low that a nice buying opportunity existed.
Overnight markets recovered. XLMEUR remains around 0,25
I have neutral view at the moment. XLMEUR is mainly following crypto markets at the moment.
Yes, time for change of directionYesterday I realised that it's time for change. So I had a look at the chart and thought... it's time that we move up for a while. We have tested the support level twice and now we are slowly moving up.
My 3 week view
BTCUSD: 10k
XLMBTC: 4300
XLMEUR: 0,36
RSI: remains in 40 to 60 band
IS: from Neutral to Long
Not sure if this materialises, but would be nice if BTCUSD would test the 10k level in the comings weeks.
Have a good week!
KR, TP
Stellar ... Lumens ... **** $STARS$ ****I guess there is nothing much to say.. chart speak by itself... Bulls are rounding Stellar for a while now... Bullish is in the Air.
C&H Completed: Bullish
Cypher Completed: Bullish
Shark Completed: Bullish
Volume supress: Bullish
MACD converging: Bullish
EMA 13 playing around with EMA 34.. seem will try to touch her again and maybe cross her too..
BUT.. There is this PINK line.. determined by:
(A): EMA 13 bouncing on EMA 34 on March 26, and
(B): EMA 13 crashing on EMA 34 on May 15.
++ 1:1 Target of Shark pattern..
ALL THIS AT .786 retrace fib level.
so Pink line is the first target... and if Stellar breakthrough it ... well.. do you have hot water ready for at least one coffe?
This is just Psychedelic Mad Painting .. in this Sunday's night TV Show Episode called "STARS .. STELLAR.. LUMENS"
GoodTrade
-CJ-






















