Markets 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
XLMEUR tested a low of 0,20 yesterday. Wow FUD all over the place. Still a nice buying opportunity to pick up some stellarlumens. Today: a further recovery into 0,21 - 0,22 range XLMBTC to float around 3600 to 3800 inflation pay-out day! IS bias Long Have a great day!
Just for the record. I dont expect you understand this... but if you try, im sure you will make it. Fractal projection through harmonic patterns (Sharks mainly) is the idea... Blue Path is the most likely destiny. Anyway.. check out this one: Scenario #1 GoodTrade -CJ-
XLMEUR recovered yesterday somewhat from the Monday sell-off. Overnight (Asia trading hours) some selling continued in XLM vs BTC, and USD, not sure why. Today: Fight 1: remain above the lower band of the uptrend channel Fight 2: Resistance level of 0,255 Have a nice day!
Sadly it's looks like the uptrend will be broken today... or not? Let's see.. I still believe in this uptrend channel but the story changes so quickly. With every BTCUSD whale drop of 1%, XLMEUR drops 2,5%.. Hang in there
I 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...
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...
XLMEUR 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..
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!
So market are trading down. Sad, I had to draw a new support line.. For RSI lovers: a nice buy moment!
kraken:XLMEUR ended up on the lower end of my Saturday predictions... Slowly it's moving downward to the next support level around 0,22. From a technical perspective it's all BTCUSD related.. I find RSI levels still high..Most likely we will be testing the 0,22 level soon.
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: ...
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!
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.
So XLMEUR continues to be weak and the support has been broken. I will evaluate next steps today..
The upper channel did not confirm and was broken within 12 hours of writing my previous idea. Back to Neutral again. So storyline is reconfirm support line.
Yesterday 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...
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...