The priceline has formed a shark pattern and entered in potential reversal zone.
All the pattern is behaving exactly required for shark therefore I have ignored the difference of C leg.
MACD is turned weak bearish from strong bearish soon it will be turned bullish.
RSI is oversload.
Stochastic has given bull cross so I am expecting the price action will hit the...
XLMUSD is showing very bullish signs:
- Bullflag since december 2017.
- Fisher transforms shows an exaggerated bullish divergence (it's now trending up).
- MacD about to make a bullish cross and trending up (soon will cross 0 line).
- MFI oversold (extreme move) on the weekly chart and signaling a strong reversal.
Pretty much every indicator is oversold on the...
The priceline of XLM / US Dollar cryptocurrency is forming last leg of bullish Cypher pattern and soon it will be entered in potential reversal zone insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
We have strong support of 100 simple moving average within PRZ area.
Volume profile is showing less...
XLM has a great setup here. You can see the rounded bottom it has formed since last month. It has reset the RSI from the previous pump and is forming a right shoulder of an inverse head and shoulders pattern. I think we may see big volume like we did last time and hit our target pretty quickly if this takes off. I'm entering here and buckling up!
Did my idea...
Priceline of XLM / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.05884816 to 0.05789023
Sell between: 0.05960227 to...
Priceline of Stellar Lumens / US Dollar cryptocurrency is forming a bullish Crab and soon it will be entered in potential reversal zone insha Allah.
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: 0.07061740 to 0.06561316
Sell between: 0.07452345 to...
most likely XLM has finally formed its bottom and we could get a great trade opportunity here for potentially upto 49% of profits.
entry zone will be between fib50 to fib618 incase if this support breaks than fib786 have to hold the peices.
below fib786 we get a good level to place our stops, if prices hits our stop loss than definitely xlm is going to retest its...
Similar trend to September 2017. If Stellar can break resistance line we should expect big gains. Looking at the WaveTrend there's a high chance Stellar will Moon.
This is not trading advice, just keeping record of my own ideas to learn.
The price is now in a very important zone (pink).
The price faked out once to the bottom.
The price also broke out of the zone, closed above it, but didn't manage to push through the turquiose zone.
Now we are back in the the pink zone again.
We should see the price moving sideways and than a break of the pink zone.