Stellar is on the move. After breaking a downtrend, Stellar moves up again. Upcoming resistances and price targets are plotted in the chart. Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities. I hope you find this analysis useful🌹 Follow for more...
Previous broadening formation: Previously on the weekly time frame chart, the price action of Stellar formed a broadening formation, and every time after getting rejected by the support it was forming higher than the previous high. But during the recent drop, the priceline of Lumens has broken down a very strong support structure of this broadening formation and...
Stellar Lumens surged by a strong 12% today as it surges to $0.25. The push higher allowed XLM to climb above the 20-day MA and break a long-term falling trend line. Against Bitcoin, XLM also pushed higher to 774 SAT and is back above the 20-day MA for the first time since May. XLM surged a strong 12% today after rebounding from support at $0.2 earlier...
On the 1 month chart The XLM Cup & Handle Minimum Target hits the 0.61 Trend based fib extension exactly with a measurement taken from solid candle to solid candle from the base of the cup to the neck of the top of the cup. The 1 month chart has RSI hidden bullish divergence, the candle closes in 10 days. Major support level of 0.23 FIB level holding as of now...
Some perspective of a potential bull trap if we test the next fib
In my humble opinion, Not a financial advisor. Please do tell me if I'm being delusional. I don't have a specific timing of when this is happening, but I do believe that an answer is due pretty soon. When we do get an answer, whether it is bullish or bearing. I think it will represent how the Altcoin market is heading in the near to medium future. My...
Hello, I previously bought Tel between 0.003 and 0.007 and sold @0.04 Since I sold I have been waiting for Tel to retest that area. over the next coming months I believe we will have tested below $0.01 again and we will be moving sideways. I have set buy targets between 0.003/0.007 once again for the next cycle. Be prepared to wait a couple of years before...
The selling still exists at the $0.24 zone and if XLM can't break through this zone, it will fall to the $0.20 or even $0.15 zone. But the $0.2 area is a very reliable support to buy in for the target at $0.32 and $0.4 in August after conquering the $0.24 zone. 📈BUY 🔴Buy : 0.195-0.205$. SL if B 🔴Buy : 0.235-0.245$ if A. SL if B 📉SELL 🔴Sell : 0.235-0.245$ if B....
Hello trading friends, As we know the market is into breakdown trend, for how long this will take are depending on data that we should get confirmed coming time, there are interesting coin that looks to increase - BNB is the name, this coin looks to hit the target 322 + usd into small term if the signals and data do what it shows. If not then we can see a...
BIGGER PICTURE ANALYSIS OF XLMUSDT
Disclaimer The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time publishing, I have a position in Stellar (XLM) . Trend Analysis...