Priceline of Stellar Lumens / Bitcoin cryptocurrency has formed a bullish Crab and entered in potential reversal zone.
This PRZ area can be used as stop loss in case of complete candle stick closes below this area.
I have defined the targets using Fibonacci sequence:
Buy between: 0.00000717 to 0.00000667
Sell between: 0.00000755 to 0.00000849
Priceline of Lumen / Bitcoin cryptocurrency has completed the formation of bullish BAT and entered in potential reversal zone.
Stochastic is oversold.
MACD upto 3 weak chart is turning bullish:
The next candle stick can be closed sideways within the potential reversal zone and soon from this PRZ area it can take bullish...
This is very long term prediction for XLM, i used Bittrex and not Binance simply because Binance is too young exchange to make this kind of trends.
i did for a friend always asking me why i don't do long predictions ??? :P
it's always difficult to predict the future but Fibonacci never lie right ??
So in graph u can see that XLM bottomed and will make a Hammer at...
- Watching this one closely looking for a bullish reversal structure to form before entering
- either a nice double bottom here or a break below and reclaim
- RSI is oversold but that doesn't mean shit as far as I'm concerned it helps build bias and that is all, especially at an untested support.
- Really am expecting this zone to act as support and very...
XLM is a strong coin. so it's always better to invest and play your big bag money in BTC and Strong Projects.
Now Stellar is making a correction so have to be patient and buy at the good time.
i checked indicators so MACD is making a correction on 1D timeframe but crossing up on 1W timeframe, so stellar still in a bullish mode.
Bouncing can happen in this zones...
Like many coins right now XLM is in an intermediate-term downtrend (making lower highs and lower lows).
However we've got a good R/R opportunity on a long here being so close to 2018 support levels (as well as being far from recent 2019 support near 3000 sats ).
Our weekly slow stochastic cycle has just crossed up as well (this is the cyclical component of our...
1D Chart, also works in 4H, at this time Stellar Lumen (XLM) is moving up from the SUPPORT ZONE (0.00002900 BTC), gaining strength to increase its price. The 50, 100, 200 MA 100/200 days signals are moving into a divergence crossing descending stage, but the MACD Indicator signals already pierced below the Histogram (BLUE ARROWS), and the RSI Index...