XLM and other alts have been getting beat up pretty badly recently compared to bitcoin . However this may be a buying opportunity. Here are the levels I am looking at for a confirmed reversal to the upside. Potential profit on this trade is roughly 70% and stop loss is around 3%. So pretty good R&R...
#Accumulatio_Recommendation Pair : #XLM / #BTC RSI : 39.65 TA Notes : - MACD : Still in bearish mode in the longer time frames but looking bullish for the 1H chart which will be a bullish indication. - RSI : Is in a good position showing a bullish behavior too at a neutral position for a leg upward move for the 1H chart. - EMA : Looking to go below the...
Hi, today we are going to talk about XLM! We have the price looking at the all-time low of December 4th, 2017. Historic supports generally have a preponderance in the market, as older, stronger they are. Thanks for reading, and have good trades
Serious bull div - not entering until further confirmation but this could be signaling a trend reversal coming soon
Obviously it can, and XLM provides an excellent case study in how indicators especially the RSI and Stoch can remain "over sold" for as long as the market desires. With that said, it does look like it's consolidating at 850, yes EIGHT HUNDRED AND FIFTY SATS. I had to do a double take when I saw it, insane that this traded at 4000+ sats not too long ago.
XLMBTC will target to below 530 satoshi, the preferred buy area is around 303 satoshi, the dip before reversal is between 29 July - 12 August
Lets face it...Alts look terrible vs Bitcoin and it seems like many could be going to Zero which in crypto means delisting...However times like these when the chart seems to have no bottom tend to be opportunities...Bitcoin still looks strong but if it ranges for several weeks of price action it could give the Alt market a little jolt of energy as money is spread...
XLM according to the symmetrical analysis found the bottom and will jump in uptrend channel.
If you have no clue about the future TP levels for XLM I can help you! Good luck! PS. Sorry for bad drawing (actually looks like worms) using an laptop. But I hope you understand what I wanted to tell.
Showing strong buy signal as well on the daily
If you're not long, you're wrong... According to the Guppy's! Lower S2 pivot held strong 4H price forming an ascending triangle *****InSilicos Guppy's showing green signal***** RSI has blasted up to strong demand levels with price not moving much relatively Bitcoin hesitating, consolidating and still above our lower support of 10.7 Other alts blasting off such as...
BARS A & B ARE THE SAME LENGTH YET... WITH 4X VOLUME, BAR B COULD NOT MAKE FURTHER DOWNWARD PROGRESS HOWEVER... NO LOWER SHADOWS AND REDUCED VOLUME SUGGEST A LACK OF BUYING INTEREST ABOVE THIS SUPPORT LEVEL LOSS OF BEARISH ENGULFING PATTERN SUPPORT... SHOULD CAUSE PANIC SELLING INTO OPERATOR'S BUY ORDERS ABOVE SIGNIFICANT PITCHFORK SUPPORT...
If you want to be a master on trading, You must review over thousands charts! And, sleepless nights! There is no overnight success in a trading life. Let me remind you one of my favorite old story ; A Harvard professor once asked his students to do a special report on fish. His scholars went to the library, read books about fish, and then wrote their...