XLMBTC is situated into a triangle which in my opinion will touch once again the support of this triangle which is situated at 3500 sats.If BTC will make a breakdown XLM will be hit for sure 3389 and 3248 sats minimum. So,we have a FREE FALL in Stoch and also bearish divergence Macd bearish divergence and also first red candle(if they are going below neutral...
Target A : 37 cent Target B : 51 cent Stop : 20 cent
XLM complete correction is WXY double wave combo with W making zig zag, X wave as a flat, and Y wave another zig zag.
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XLM broke from the ascending triangle and has continued to fall ever since while the EMAs have confirmed the bearish behavior with the crossover. Anyone already in a short should target the FIB level below outlined as their target and see how price reacts once it touches. MACD continues to fall off a cliff while RSI is right up against resistance and trying to...
Stellar Lumens has been uptrending nicely over the past few days BUT has been caught in an ascending triangle validated by the drop off in volume nearing the end. It has been hitting its head multiple times around the top of this supply zone, which if it continues to fail could lead to the only other direction left to go (yes, sideways is possible).....DOWN!...
Zoom in for entries. White arrows = should have bought. Yellow arrows = next should have bought. Not investment advice. Use a stop. This is a swing trade. Don't forget to take profit. Don't be greedy. If bitcoin poops so will this.
A friend of mine called me "7th magic trick, you know?" he said. We may probably see bearish movement on the 1st and 7th days of the month. the we will go to the moon. probably.. i hope.. we hope.. you hope.. :P let's see.. (not and investment advice)
Since the 26th we've been bouncing between a clearly defined and tightening range on the 4HR time frame and staying right up against the 12 and 26 period EMAs. Looks good but I am cautious. Support: .24027 .23132 Resistance: .26582 Volume: declining RSI 53 with a slight move upwards----neutral with a VERY mild bullish bias If this tightening...
we have seen a long year with down trend in all Crypto market , XLM is one of a good Coins as it have very strong support in 0.20$ - 0.17$ Area , If it's Time to grow up again so if it break the down trend line it can make a long bull run , otherwise it can test the support line one more time then it can BooOOooM from there , We have 2 decision to make , 1- we...
XLM on the move! Price action broke a key resistance line that has acted as overhead resistance since January and is forming a bullish continuation pattern. The MACD is curling about as it nears the white support line. If this support holds the MACD would stay above the zero line, which would be another bullish indicator to me. I like what I'm seeing!
Like Ethereum, Stellar also recovered a little bit of ground against the US Dollar starting with the 19th of September pushed mainly by the total market capitalization which went above the level of $200 B. The RSI has neutral position, the Stochastic is indicating that the price might slightly continue to increase while the MACD seems to try crossing the Signal...
Stellar / USDT has gone through my red cloud which appear as wick that trying to break it up but being pulled back. RSI level shows the north area is still intact. I still believe that Stellar project is one of the best project out there that deserve whatever they got until today. The leading person on this project was also involve in Ripple project (XRP) and the...
*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY*** XLM formed a symmetrical triangle which already had the breakout. Patterns like this on the daily timeframe rarely fails.
This is not trading or financial advice This is not a time dependent analysis
Possible inverse head & shoulders is being formed on XLM (stellar) Watch for breakout on the neckline.