stellars up for some big plays. if it follows the pattern its getting ready for an epic launch . either way you dont wanna miss out on what stellars gonna do, whether or not this is accurate at all! happy moonin.
It looks like XLM has completed it's 5 impulse waves up, and is now in a corrective cycle. The price has dropped below wave 3 range, which means this isn't a wave 2 or 4 corrective cycle, but we're now in Wave A of a larger corrective cycle. Given that there hasn't been a rally (Wave B) of note, I think we will see a short term rally upwards in the next day or...
RSI on the undersold side,
Green lines are take profit areas, green box is our main goal.
Below red zone and we need to cut losses, in a market like this THIS IS FREE MONEY
XLM might have had started a broad wave V against ETH with reversing at approx. 0.000335 level which is reversal from 0.236 level of wave III. Targets potentially can be 1.272 extension (0.00135) or 1.414 extension (0.00148) levels of wave III.
Wave II. was correction to 0.382 level of wave I. approximately.
RSI is above 60 though volume is low.
A lower timeframe...
Based on signal from Crytposcanner - big order on bid - I've been watching XLM. Looks really interesting. Someone is buying up to 400k$ in each order in last hours.
Sources: pbs.twimg.com
Looks like Wave 3 has completed, and the price is now at what appears to be a good zone for a wave 4 completion. So it should be beginning wave 5 soon. Likely not more than a 1 to 1 extension. Wave 3 was very long - longer than wave 1. So this wave could be anywhere from sub-wave 1 length to excess of wave 3. Potential range is likely 0.0006 to 0.00076. This count...
Hi, my fellow friends! Here I'm again bringing the power of Technical Analysis to the crypto community. Today we will see what possibilities surround BINANCE:XLMETH .
As you can see in the chart, Stellar has broken a strong resistance in 0.00044579(red), and breakout a formed ascending triangle(white), since then it has been doing a great work.
You can see a...
Higher high and higher lows. Favorable (maybe even a start of a inverted hammer?) candle forming. RSI reasonable. breaking through fib level. If today candle close above fib perhaps another higher high for a short/medium term gain.
As always, any criticism to this noob welcomed.
XLMETH might start a wave 5 in a shorter timeframe (12 H) with a reasonable and potential target of 1.272 extension of the last bullish move – reversing from 0.0034.
The risk reward ratio looks quite favorable as with breaking the current 0.618 correction level of previous bullish swing and going below 0.000495 the wave count is already negated and stop can be...
Stellar continues to trade above a critical area (red-line) after a double support and now a minor falling wedge pattern. If this continues to grind sideways and rise above the down trend-line, then I think this is looking pretty good for a long.
One of the altcoins that hasn't went up significantly in the past few weeks (compared to REQ, OST, NANO.. etc). Looks overdue for a run.
Daily STOCH is about to turn up and the support line is there. Let's see how it goes, I'm favoring the pink line.
