Some bullish divergence on Stellar can be seen on the RSI Next to this Stellar is in the support zone. Good profit potential.
The price failed to cross over the 0.2403 Resistance as the 1D Triangle (RSI = 49.436, STOCH = 51.075, CCI = 45.1805, Highs/Lows = 0.0000) keeps the momentum neutral. Even 4H is neutral on four indicators and it is best to wait for a break-out to validate the short term direction (noted with the eclipses). In any case the long term trend on XLMUSD remains bearish...
Since the Higher Low supporting line (red dots) held, XLMUSD has started its ascending course towards the 1D 0.618 Fibonacci retracement level = 0.283307. The 0.618 point is where the commanding bearish Channel on 1w (MACD = -0.007, B/BP = -0.0464, ADX = 31.817) previously made its last 0.3533 Lower High (July 25th) before it declined. This is a recurring pattern...
XLMUSD loosely delivered the expected consolidation on 4H (neutral RSI = 52.612, MACD = 0, Highs/Lows = 0.0006) keeping the price to respectable levels. 1D is now expected to decline as its Channel Down (RSI = 44.360, Highs/Lows = 0.000, B/BP = -0.0207) has met its Lower High limitation line. We remain short with TP = 0.1802. The 0.1713 mark (June 29, 2018 low)...
The Stellar network software is open-source and available to the general public. XLM is available almost on all exchanges that you know! It is very hard to find an exchange where XLM is not listed. I would not be surprised if it would get listed on Coinbase very soon! In 2018, Stellar announced their affiliation with Keybase to eliminate the need for extended...
Stellar is very close to the lower trend-line formed by the two all time lows (very strong). In this regard it will be the first attempt to break it down considering the 2 points as supporting, therefore a cross now its very unlikely and another wave bounce to the high trend-line is more probable. Also, NEWS are in favour of XLM, analysts from IBM confirmed the...
Stellar has followed the Fibonacci pattern modeled after Bitcoin recent retracements as it was rejected on the 0.618 (0.3534) level. As expected the previously overbought 4H/ 1D strength index weighed on therejection. The price is already on the 2nd straight bearish 1D candle and we are still shorting XLMUSD on every retracement. 4H is now neutral (RSI = 50.739)...
Technical analysis: . STELLAR/DOLLAR is in a range bound and the resumption of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 66. . The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . If you missed our...
Technical analysis: . STELLAR/DOLLAR is in a range bound and the resumption of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 66. . The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . If you missed our...
XLM quickly broke through all the barriers that had been holding it back and the price rose substantially. To top it off - even as BTC has pulled back - XLM has not seen the correction. We are moving sideways at .31 - it appears like we will in the near term - bump up to .36 where we either continue to climb or we pull back to .31 again. The case for buying for...
Becoming Sharia compliant: wow. Does it change anything for us? No... but it gives potential access to another 1.6bn people on this earth. Yesterday we witnessed one of the biggest days for XLM in the last 6 months. Now let's consolidate and rise slowly back to old and new high's. Today: Confirmation of the new range 0,24 to 0,27? Breaking 4000sats? BTC...
Stellar Lumens was again rejected near the 0.2200 Resistance, forming another Lower High on the 1D Channel Down (RSI = 37.212, Highs/Lows = -0.0058, B/BP = -0.0294). It is possible to have a recurring pattern (eclipse) on 1H (Channel Down), which will soon break 0.171167 and form a support base (and quite possibly a Rectangle) near the TP = 0.1515. 4H is already...
March 18, 2018 till present date is captured in this 4hr tf analysis for Stellar (STRUSD) with a bear channel currently active since ~April 28, 2018. The summary of this post is that no buying should occur until the bear channel gives way to bullish momentum that should see Stellar (STRUSD) breakout of the current bear channel. Failure to break out of the...
Stellar 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...
XLM 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...
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!
XLMEUR took corrective action and went up yesterday. We tested 0,18 cents, wow! Today: confirmation that we should trade above 0,20 a test of the 0,214 resistance level range between 0,20 and 0,23 RSI to go higher XLMBTC to go above 3600 Enjoy!