Today my point is to watchhh Stellar .... we have close the same draw on some cryptos (like xrp ... and ... oh no i let you search a bit :)
So against Euro , but its quite same in USD , i did it in € cause watch for me and decide to share it then.
ps: for Euro zone trader and owner, you have to be very care about Euro capital, only some month...
XLMEUR has fallen out of its triangle move on 5th of September following BTCs sharp drop.
Since then it is going down in a falling wedge formation and there's also a bullish divergence on the 4h RSI.
Additionally XLM had promising news recently about IBM Blockchain World Wire which uses the Stellar protocol.
Support levels is between 0.160 and 0.163 €.
STELLAR LONG VISION - let me know what do you think in the comments...
target 1 : 0.25 EUR / 0.29 USD
REBUY AT 0.217 EUR / 0.253 USD
target 2 : 0.27 EUR / 0.315 USD
BUY FROM : 0.185 EUR / 0.215 USD
not a financial advice - trade at your own risks
XLM Chart :
- We hit R1 weekly on H4 chart
- Little pullback on the RSI (21) 70%
- We need to have a signal from a bullish candlestick + break 70% rsi to have a bullish Momentum to go to the weekly R2 and next fibonacci level (0.33€) for a take profit !
Be patient, we need to have a new bullish signal for the next take profit !
Becoming Sharia compliant: wow. Does it change anything for us? No... but it gives potential access to another 1.6bn people on this earth. Yesterday we witnessed one of the biggest days for XLM in the last 6 months. Now let's consolidate and rise slowly back to old and new high's.
Confirmation of the new range 0,24 to 0,27?
XLMEUR traded sideways for weeks... I stopped updating my chart and reopened it after weeks. Somehow XLMEUR found my upward channel and is following it!
It looks like markets are on the rise and will continue so.
Markets went up yesterday driven by some crypto news from mr Jack. XLMEUR spiked to 0,208 and then started to tumble again below 0,20... hodl
fight for 0,20 and XLMUSD to remain above 0,23
XLMBTC fight for 3500
when o when does BTCUSD recover to 7,000?
the new uptrend channel is approach fast? Did I forecast correct?
Hang in there!
XLMEUR together with the entire crypto market is struggling to find direction. I was hoping that XLMEUR could manage to stay above 0,20 cents, but markets are weak, thin and full of FUD. HODL
range between 0,19 - 0,20 cents
XLMBTC remains around 3500
Have a good one
XLMEUR took corrective action and went up yesterday. We tested 0,18 cents, wow!
confirmation that we should trade above 0,20
a test of the 0,214 resistance level
range between 0,20 and 0,23
RSI to go higher
XLMBTC to go above 3600
Markets are still in FUD. Why? I don't know, it takes probably a couple of days more. Yesterday XLMEUR dropped even to 0,18 cents while recovering overnight.
range between 0,18 and 0,21
XLMBTC between 3400 and 3700
Markets continue to trade downwards. Why? I have no clue. Technically for me it's simple. It's nice time to accumulate.
For you a new chart with another new lower support level at 0,1727. Be patient!
We trade up, side or down? Range between 0,19 and 0,22
RSI will probably go-up
XLMBTC: recovery to 3500-3800 range?
XLMEUR tested a low of 0,20 yesterday. Wow FUD all over the place. Still a nice buying opportunity to pick up some stellarlumens.
a further recovery into 0,21 - 0,22 range
XLMBTC to float around 3600 to 3800
inflation pay-out day!
IS bias Long
Have a great day!