The asset has now arrived at a great load zone and has the potential for a massive Bullish swing to its BTC pair. The Resistance of the falling wedge is the main berrier that was helding the bulls away which has been violated with great volume.
XLMBTC has been in downtrend on daily for almost a year, this is the most volitile the chart has been in quite a while could see a channel breakout upwards here? i sure think so with xlm nearing .10 a coin i think we could see xlmbtc approach the area of .00....600. XLMBTC and around .22 XLMUSD.
XLM has very beautifully bounced off the biggest support trend line since existence. Buy now and rejoice later... or regret-
Anyways buying here is way better than buying those big green candles on the top.
XLM Stellar looks very attracting to me !!
On the BTC pair Stellar has been basing for around 900 days and is now touching the significant 520 sat level where the price has been trading with a historically high volume.
On balance volume has never given back the big surge that it has made during the last bull market.
Stellar has been very quiet and working behind...
With our downtrend and a local uptrend that we have there could be coming a relieve rally against BTC.
Also the TD Seq hit a 9 a few days ago which could also indicate our rally to the upside.
Not financial advice do your own research.
Been watching this coin for a long time it has been on a downtrend against btc for pretty much its whole existence however it could pick up some weight here against btc on this curve, id watch this one for the next week because in my opinion were going up huge.
How long has it been since the last update?
2 days, 5 days, 1 week?
I really don't know because just 1 day feels like a entire week for me.
When I am at 3 or 4 days, it feels like I've been on it for months...
So, here is an update for Stellar (XLMBTC), it is now much more closer to grow.
I will mention one signal before we go, just to prove that it...
I can tell you that XLMBTC (Stellar) is about to pick up some speed.
Today we have a "volume breakout"; the highest volume daily since May, and the day is not over yet.
High volume while moving above EMA50 is a very strong signal.
The MACD on the bullish zone and a strong RSI support this move.
We can see XLMBTC picking up speed.
The price of this Altcoin pair...
This one is looking good now that its price is moving above EMA50.
XLMBTC has been batting this level, 0.00000609 and looks like it will finally close above it, growth can follow.
I will be looking at a lev. trade on this one.
This is a classic bottoming process in crypto. There is going to come a time when this coin is just going to start pumping. I wont be surprised if it makes few hundred % in a few weeks. There are quite a few alts that look the same way vs btc. Just dont use leverage because you will be shaken out.