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.
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...
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?
using 100 MA as support breaking out of the channel with a thorough test of the channel top testing resistance at .14 a break out could lead to next range of .20 - .30
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 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.
0.618 perfectly taken support there and now ready for 1800 to 2000 as our first target it's ready you can buy with sl 7%
50D MA moving up - breaking out of down slope inverted head and shoulder pattern supply seems to be running out
Looks good for a blow-off from sellings pressure.
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...
Chart is self explanatory. From this point we can start to grow right to the 2700.
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...
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
#XLMBTC Buy: 1575 - 1626 Target: 1706 - 1818 - 2078 - 2267 - 2762 Stoploss: 1451
XLM broke above resistance and has come back down to retest it as support If we can hold this level, possible targets are outlined in the chart Ripple looks ready to run as well and they have both been correlated in the past so something else to keep an eye on
I'll cut to the chase and say that I am bullish for Stellar in the short term. Reason #1: It is my belief that Stellar found it's bottom and the recent bullish move that followed Bitcoin has only strengthened my opinion on this matter- Reason #2: Looking at the charts we can see that this is a classic falling wedge formation. d.stockcharts.com After a big move...