XLM Stellar Lumens Channel Breakout - XLMBTC XLMUSD XLMUSDT
Hey friends, hope you are well and welcome to the new update on Stellar coin. Another bounce from the support of wedge: As in my previous post we have seen that on weekly chart, the priceline of XLM coin was getting bounced from the support of a rising wedge and had a strong resistance of 100 simple moving average. Now the price action of Lumens is again moving...
Under big resistance Possible inverted head and shoulder pattern ongoing Impulse to the downside from the top break of trendline / bear flag 🐻
Beautiful trend line. Open a deal after a breakdown of trend support. General trend is descending. It is logical to trade in the direction of the trend. Dear followers, the best "Thank you" will be your likes and comments! These ideas are not a channel with signals and I do not give recommendations on the entry/exit points. In my reviews, I provide analytics -...
This analyse is simple , everything is in chart. Now Stellar still jumping on his support trend but still staying under BTC dominance. - Buying zone is now - Selling zone TP1 0.1$ ( Retest 61.8% Fibo) - Selling zone TP2 0.15$ ( only if we get confirmations of a strong break out) - Stop Loss is under 0.065$ if you buy now ( Also could be a good buy/rebuy Zone if...
Hey friends, hope you are well and welcome to the new update on Stellar. As in my previous post we have already seen that the priceline of XLM was bounced from the support of rising wedge pattern on weekly chart. The price action also had a good support of 50 simple moving average as well. The 25 and 100 SMAs also formed bull cross that helped the price action of...
Hey friends, hope you are well and welcome to the new update on Stellar. The price action has started the formation of handle of the Cup & Handle pattern that I also showed in my previous post as well. Previously the candlesticks of XLM coin broke down simple moving averages with the time period of 25, 50, 100 and 200. But now after turning bullish the price...
Hey, friends hope you are well and welcome the new update on Stellar. On long term weekly chart the priceline is still at the support of rising wedge and every bearish candle stick is appearing smaller than previous bearish candle, that is clear indication that the sellers are getting weaker. The 50 simple moving average is also working as strong support below...
On long term weekly chart the price action of Stellar is still moving in a rising wedge. Even though the candlesticks have spiked beyond the support of wedge but there the 50 simple moving average has provided strong support. This SMA can be helpful for priceline to save the support. On daily chart the priceline has broken down 100 and 200 simple moving...
Hey friends hope you are well and welcome to the new update on Stellar coin. In my previous article we have seen that the XLM was having strong support of 100 simple moving average, then the priceline started more bearish move and at is time it is breaking down the 100 SMA support. Now the priceline of XLM coin is at the support of rising wedge pattern. Even...
Hey friend, hope you are well and welcome to the new update on Stellar coin. The price action of XLM is moving within an up channel since after the mid of March 2020 and I am following this channel since then. The priceline of Stellar has broken down the support of this channel two times. At this time it can be clearly seen that the price action is out of the...
Stellar is an open-source network for currencies and payments. Stellar makes it possible to create, send and trade digital representations of all forms of money—dollars, pesos, bitcoin, pretty much anything. It’s designed so all the world’s financial systems can work together on a single network. Stellar has no owner; if anything it’s owned by the public. The...
We are in a coin picker's market- money is not flowing to every shitcoin there is- therefore, you have to invest in coins that have. a strong proof of work unlike before where every shitcoin would pump. FA: Part of Samsung Blockchain Network Revolut Bank added it as one of the available crypto assets TA: Looks to be forming a cup and handle formation which...
Hi guys and gals hope you are doing good and welcome to the new update on Stellar coin. The price action of Lumens is moving within an up-channel since March 2020 on a daily chart. On the 19th of June, the price action broke down the channel’s support, and while re-testing the previous support of channel as resistance the price action re-entered in the channel and...
I'm really considering this count now... If this is true, i'm wondering what will happen to XRP which is still lagging waayyyy behind .... Of course, could be wrong
Quite risky at this stage though