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Strusd

Fast, Reliable and Inexpensive Transactions. That's Stellar!"The dial-up era of blockchain" - Ted Livingston, CEO of Kik . No it's not Stellar he is talking about, it's Ethereum! Fundamental When the IBM news broke on Stellar , I was all over it! And I regret not posting a trade idea on it earlier on as I have had it in my portfolio for a good amount of time now. But here we go, better late than never I guess! Fundamentally I look at Stellar with strength. Obtaining a partnership with IBM is no small deal. It's huge and the chart has proved so over the last couple months. News article here if you missed it! The guys at Stellar know how to prioritize and have a winning strategy. And very important, they can scale! The quote from start is interesting. Read article on Coindesk. It's the CEO of Kik and they have chosen to shift from Ethereum to Stellar . Recently their network passed rouchly 10k users and that's the limit that Ethereum could handle. Because of this Stellar was the way to go and that gives me even more faith in the tech. As I don't have the most technical understanding I need to rely on others actions and opinions. We also got Mobilecoin launching on Stellar. (With the creator of Signal!) Any rumours? It's not something with much to it . But Walmart has partnered up with IBM on using blockchain! There is absolutely nothing out about using Stellar. However, it's still a positive in my eyes. It's important to be connected to the right people, and it looks to me that Stellar is. Technical Stellars chart looks pretty nice! I see room for growth upwards if we can move out of my channel and pitchfork. Which looks very likely to me, but it has not happened yet! I believe we are in the last wave within the larger third wave. The target area I am looking at is between 0.33-0.34 USD (between my two 4.618 Fib levels). Unless fundamentals change drastically I would think we end up in a 4th wave correction. The last run from Stellar provided an amazing 4440% increase! The sad thing is we are very high in this run as well and I should have gotten this chart out much earlier. However, 4440% on current run would mean 0.495 USD! I'm not setting my target that high, but it could easily spike to that level. 0.5 should be a very decent resistance area. If we break upwards now I don't see much resistance before target area is hit . Maybe some at 0.26 USD but thats it :)
SLong
by Kryptokelly
26
XRP rebound & STR holding over BTC dominationRipple XRP is actually holding its own and and building back up during this alt apocalypse. Stellar STR is staying steady also sitting at a low price screaming to buy. With The Gates Foundation backing XRP and IBM backing STR the future only looks profitable. Buying these at change and holding till this money flows back from BTC seems like a good fork strategy. Whatever profits made from this BTC boom are going to flow somewhere just need to predict the new flavor of the month for these whales. Where everyone else thinking this flow will run?
POLONIEX:XRPUSD
by PowderedToastMan
Stellar Surge [Market Geometry/EW]• STRUSDT is re-gaining some traction as it bounced off of the 0.236 retracement and the orange support line ($0.0248) . Looks like it’s retesting the yellow resistance line ($0.0292) of the channel, and if broken it could continue onward to test the green support line and the 0.382 retracement level ($0.0346) ; as it did on wave B to C of the correction wave. It has also broken the short-term downward trend and could yield a very nice profit opportunity on a long position. If risk management is used correctly. There are 3 take profit zones (1: $0.0528, 2: $0.0664, 3: $0.0823) at each of the higher Fibonacci levels. Depending on how risky the trader is he/she might want to wait until a downtrend presents it’s self near the take profit levels indicating a confirmation of a trend reversal or use trend reversal patterns to determine if a reversal is imminent. If however the yellow resistance proves strong , and it falls down to the orange support line or the 0.236 retracement , we could see a retest of the support . If candle closes below the support, it is recommended exiting your position and buying in lower at the red support line. Each ‘Take Profit’ zone has been labeled #1-#3 ; as well as a zone where you should exit the trade or set your stop/loss to a bit under it and buy back in once solid support is met at the red support line. • Aroon : Aroon Down (White) line has been zig-zagging up and down indicating the trend could be reversing soon and the market is unsure of which way it wants to go, the Aroon Down line is currently above the Aroon Up (Blue) line meaning there is a downtrend, however the Aroon Down line is not above 70 meaning the trend is not very strong and starting to exhaust itself. • Godmode : The white line is approaching the blue line while moving upward, indicating a potential buy opportunity when the white line is about to touch the blue line; it also indicates an uptrend as the next move. The blue line is above 30 indicating the downward trend is almost exhausted . Caution dots appeared at 20 also indicating there is support from beneath trying to push it back up . • Fibonacci Arcs : Act as curved support and resistance lines. Thin lines are weaker , while thick lines are stronger. • Buy: $0.0260 • Sell: 1: $0.0528, 2: $0.0664, 3: $0.0823 • Stop/Loss: $0.0205/0.0230
SLong
by Godly
1