Nice opportunity to buy XLM right now. Here is why technicaly:
Price is oversold, under the cloud
Tenken and Kijun cross coming(That might be a first sign for trend reversal)
Chikou is pointing up
Watch on dates(GANN Pivots):
Stay sick guys!
You can check the same time in btcusdt
When btcusdt pushed to break the red resistance line in my previous idea, xlmbt Moved harder, does your brain separate these two feeling? Well I don't know
And right now i saw a rejection in btcusdt and red candle was stronger in xlmbtc
Check out xlmusdt for yourself
How can i use this idea
Take note that strong & old...
From the chart the RSI indicator depicts oversold signal hence above 30 giving a reversal indicator, The price as per the chart has bottomed and from the short swings depicted after a major consolidation run.
XLM is one of the coins that can attract a hefty profit margin currently at 0.00000776 sats and Top of 0.00006318 that is impressive 1396% profit...
If you liked the analysis hit the like button, it always motivate to give best.
XLMBTC after successful daily breakout, things are overbought & bullish.
However looking at weekly chart, it seems the rally is not finished or you can say not yet started.
Weekly breakout above 900 is done, anything above 1000, will take XLMBTC target to 1400+ to 2000+
Its a swing...
Currently our weeky is showing the beginning signs of a bullish divergence on macro timeframe. With Big support below our feet. After the breakdown we got back above it and are making support in it again, solidifing the trendline.
This is just my opinion no financial advise. Do your own due diligence.
In this video I once again bring you the daily update on XLM.
So far we have not seen the Wave 5 low completed but we are getting there slowly.
I love patterns and the latest pattern I can see is trolls in the comment section flocking together like birds of a feather ROFL
You come here because you love to be updated on the AriasWave interpretation.
The price is in an uptrend and has been making HLs. it seems that it's at the pullback area now and it's expected to go higher from here at least up to 0.00001481
SL @ 0.00000953 or at Support Breakout
TP1 @ @ 0.00001481
TP2 @ 0.00002015
On the weekly chart we can see that we reached previous resistance area and we are now trying to hold it as support.
If we manage to do so i expect us to reach the next major resistance area.
XLM is one of those coins like XRP and LTC where the BTC pair still has a lot of room to go higher.
🥳🥳For every new follower i will add a new idea :)
XLM broke out of it's multi year accumilation range, right now re-testing that range as support. I'd say this is a nobrainer place to invest longer term. The charts look good for more upside. No need to instantly fomo, this bottom probably has to develop and can take a month or two before it starts taking off. So scaling in over time near the lower ends around...