Here we have XLMUSDT 1D chart.
It's an interesting idea with interesting title, So let's immediately explain.
XLM time history only found on POLONEIX Exchange..and by looking at the chart we have a situation here:
1- 50MA 100MA 200MA all crossing each-other with an important GOLDEN CROSS 50 over 200
2- ABCD triangle which is the only one left not...
XLMBTC finds itself deep into a faling wedge. RSI is oversold and at its lowest since ever, MACD is ready to cross up too. After a little bit more decline towards the support of the wedge, I expect a strong bounce which will result in a breakout from the wedge.
Waiting for this 4H to confirm a bullish SFP
Double retest of the current 4H pivot
Full confirmation would be breaking above my overhead line of 1476 with high bullish volume off of a bounce from here
Might just keep dumping from here, but im watching it closely
Where ma chads at?
DMI+ manage to get above DMI- indicate bull trend is begin to emerge while the range in between still close enough. cannot confirm which trend is currently dominate until either DMI- (red line/bearish) or DMI+ (green line/bullish) is get above one of DMI line and made a huge range in between . DMX still low.
MACD : small buy histogram is emerge as is...
Welcome to this TA on XLM.
We can observe from the daily charts that we are experience a hell of a squeeze on the bollinger bands as the price coils in within a wedge at around 1500sats. We can only await a breakout or breakdown at this point.
However, is it going UP or DOWN?? That's the big question.
The 4hr charts give us a bit more insight into this. It...
XLM is slooooow lately. Not a lot of volume and we are just ranging around the 1550 area for days now.
Lets take a look at the timeframe: stoch RSI is OVERBOUGHT everywhere ... except in 1D ! So, we may be ranging for a while still but the moment we are taking down the 0.20 Stoch RSI we might see more action.
Also, be careful of BTC movements which are really...
XLM is consolidating along with bitcoin. And being rejected off the near term moving averages. Indicated on the chart are the levels where I would like to buy and where I would like to sell this coin. Good luck.
BTC Down but XLM still strong now. what it means ?
XLM is in Accumulation Zone (Green Rectangle) between 1500-1600ish.
Bears still trying to make it down to buy cheaper, but it looks like XLM not want to go more down.
Airdrop is over. Now just consolidating for the next push up.
the next break up to 1900ish will be a strong reversal sign because we will breakout...
Commodity : STELLAR LUMENS
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
The price action of XLM since November has been quite disappointing to many investors. However, the good news is...XLMBTC is in a falling wedge pattern - which is generally bullish. Additionally, the last touch of the wedge's bottom occurred with some really enormous volume. This is enough to convince me that there is a strong possibility of a reversal on this...