Think it has hit bottom, but yuck... downtrend continues. Cuidado
I'm expecting a bounce off the 100 SMA on the 4hr chart. See chart for explanation
Maybe test the trend and then head up again. Disclaimer - I'm a novice.
History gonna repeat. Strap in.
Generally: This is a limited scope fib retracement, supporting the trend-based extension. I will regularly plot these for 6 or more pairs over the next 12 months in order to complete an backward looking analysis on a series on tools (TA and others), used by many in trading/investing in crypto. ETHUSD, BTCUSD, OMGETH, QTUMBTC, QTUM, XLMBTC, SCETH, ..... Dotted...
COINBASE:BTCUSD COINBASE:ETHUSD BINANCE:XLMETH Fib Buy/sell AdriaChain adriachain.com www.facebook.com www.facebook.com medium.com t.me t.me discord.gg Time2Pain www.linkedin.com www.tradingview.com stocktwits.com www.facebook.com www.facebook.com twitter.com www.instagram.com www.twitch.tv
Hello ever, I am a firm believer in XLM and have been holding a long position for quite a while. With that out of the way, I just wanted to share what I think may occur in the near future. On the 4 hour charts, if you look carefully, you can see that we have just finished an ABCDE correction The RSI looks good Strong support around the support levels Previous...
There are a lot of signs pointing to higher prices on this chart filled with indicators. - Stoch RSI is showing an uplifting pattern - RSI is growing - CCI is growing - MACD has peeked over the 0 line - Currently sitting on 12 day EMA - 200 day and 80 day EMA have touched - Bounced off support 4 times - Adx and DI+ are rising above 25 The only thing that shows...
Stellar Lumens (XLM/STR) / Ethereum (ETH) (best 2 for smart contract utility) Bull Flag Breakout to the Upside Off Triple Bottom/Support with Increasing Volume Buy Signals for Bulls Bouncing off Triple-Tested Bottom Support 50 EMA is curled up going stellar. It just needs some more volume. Transactions on the decentralized Stellar network resolve in 2-5...
XLM/ETH Stellar Lumens / Ethereum Bull Flag Bouncing off Triple Bottom Tested/Bouncing off of Triple Bottom Support Waiting on a Breakout to Upside with Volume for Quadruple Buy Signal This pair (XLM/ETH Stellar Lumens / Ethereum) is my favorite between what I feel to be the best 2 players with the most potential in the crypto space. Transactions on the...
XLM/ETH - Bittrex XLM is currently in a correction state. By Elliot-Wave Theory, the initial 1-5 waves up (green) are followed by a requisite correction wave, labeled (red) ABC, C being the end of the correction. XLM is also showing a bearish descending right triangle, and could possibly break through .00035522 eth level very soon as the MACD (red circle) is...
I believe we are at the 4th point in this Elliot wave. I will be long if we receive a conformation of an uptrend. This is my first published idea so please don't make investments based upon my analysis. I am merely sharing my idea.
Expect it to keep dropping if it couldn't find support at the 200 EMA. It's now found a new support at 0.0004902. Good time to take a position in my opinion.