It seems that BTC has knocked some fins out of most alts, less so with XLM. But there are still multiple plays on the table.
Version 1 is that we push through the 0.08900 resistance. Version 2 we fall through first support at 0.07770 level and there we bounce back up again. Eventually Fib 0.618 should act as the strongest support here and if that holds, then the...
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...
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...
Stellar very bullish on high volume.
Price action alone tells there is potential for more upside.
It is a bit overbought but action tells there is a heavy buying pressure on this asset.
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 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...
The coin is moving in the falling channel. Safe pick up is from break out or from the middle of the channel. The coin is having an aggressive downtrend. Only short trades are gonna be reasonable, or better to stay away from trading this for a while. Zones of interest and targets are on the chart. Good luck everyone!
In my previous chart I published a BAT pattern but the price action has extended the leg and formed a bullish bulish CRAB pattern therefore I have revised the targets using Fibonacci sequence as below:
Buy between: 0.06011224 to 0.05896802
Sell between: 0.06099956 to 0.06315821
Regards,
Atif Akbar (moon333)
On 4hr chart priceline of XLM / Dllar has formed a bullish BAT and entered in potential reversal zone to hit the sell targets soon insha Allah.
Volume profile is showing less interest of traders within PRZ area.
But MACD is strong bearish and Stochastic did not give bull cross therefore I would recommend to wait for MACD to turn weak bearish or stochastic to give...
Priceline of XLM / US Dollar has formed a bullish BAT pattern and entered in potential reversal zone and ready to hit the sell targets soon insha Allah.
But the volume profile is still showing the traders interest below the PRZ area even the POC of volume profile is also below the potential reversal zone, therefore I would suggest for secure trade we can wait for...
The price exited the bullish wedge and formed a mini uptrend. Whoever has a position - keep a short StopLoss, because if we break it, then we gonna go to the lower levels. Zones of interest and targets are on the chart. Good luck everyone!
DISCLAIMER:
This is just my opinion and view of the market. Please keep this in mind and consider in your trades.
Hit ...
XLMUSDT - safe movement after touching the lower liner of the channel just wait to confirm the stochastic RSI to be positive and to be on an optimum point, be ware of the yellow lines.
this based on trend channels , STORSI, MACD and DI
