Dear crypto euthanasiats & maniacs
here is some DISBELIEF-HOPIUM market cycle analysis for one of the altcoins.
The well-known Bitcoin currency, first released in 2009, is considered as the first commonly known decentralized cryptocurrency . However, since its release, over 4.000 alternative cryptocurrencies have been created. Stellar aind its Lumens (XLM) is one...
- Almost Ready to Break the Wedge.
- Bullish MACD & RSI Divergence As Well
- Bulls Are Getting Ready to Pump it..
- Almost 56% Profit Expecting in Coming Days
Buy Around 550 - 570 Sats
Scalp Targets 620-640-660 Sats
Sell Targets (Midterm) 694 - 789 - 870 Sats
Stop Loss Below 530 Sats
Hodl Time Period : 15-25 Days
Please, give us your...
Stellar has broken its downtrend line and also emerged from the upper leg of the triangle, expecting good growth.Targets are based on Fibonacci.
We are going to look at Stellar Lumens for a middle- long term:
XLM/BTC hit the immediately support line and we can see that the price was rejected from there.
We just break out of the falling wedge, which gave us a strong reversal signal ( it looks like XLM is moving in a falling wedge pattern)
The RSI is oversold
The risk/reward ratio is amazing!
This is well detailed analysis,
Spotted the following patterns
Symmetrical triangle which break down and target almost reached on the downside.
Brilliant falling wedge which almost hit the last leg zone before major reversal.
Potential Cup and Handle formation with handle formation already...
Today I´ve decided to take a closer look at BINANCE:XLMBTC
Main reason is falling wedge pattern formation + RSI at all time low on Weekly chart
I´ve activated my trade allready and entered the market at magical price 777 as you can see in chart " XLM weekly RSI at all time low "
in related ideas or if you click on the chart...
Top coin that has not shown itself properly yet Stellar Lumen
Stellar is an open source, decentralized protocol for digital currency to fiat money transfers which allows cross-border transactions between any pair of currencies.
In 2014, Jed McCaleb, founder of Mt. Gox and co-founder of Ripple, launched the network system Stellar with former lawyer Joyce Kim....
Updated curve-fitted EW count : )
With all the attention now beginning to fade from Libra (or was it Libor?) and the realization it was yet another publicity stunt from a failing company attaching a "cryptocurrency" label to a project in a grand attempt to steal attention from another Bitcoin rally--XLM (my pick for top best centralized decentralized market...
Stellar shows some bullish volume last 4 hours, bouncing from 555 support. Would have called long trade, if not BTC, that worries me and I expect it to do some sharp move soon, that will cause alts to dip. But alts still do have at least half a day for some bullish action, Lets see it XLM will make it through the trendline.
Priceline of Lumen / Bitcoin cryptocurrency has completed the formation of bullish BAT and entered in potential reversal zone.
Stochastic is oversold.
MACD upto 3 weak chart is turning bullish:
The next candle stick can be closed sideways within the potential reversal zone and soon from this PRZ area it can take bullish...