After falling wedge breakout with nice retest target would be arround 70 - 80 cents. Breaking it would mean further upside movement towards ATH at 90ish cents. Short term breakout from 20 above 50. With possible same movement /w the ichimoku. MACD looking bullish on the monthly.
ZIG-ZAG One more dip before an eventual breakout... ??
Not selling till 4€. If you trust in mr.fibonacci then...
XLM is probably close to its bottom in 3D chart. 3D 50MA resistance has turned to support. 1D 200MA retesting going on after Golden cross (50/200) 1W correction is near its end. Its momentum is turning up again. Hold your seats... Not Financial Advice. Do your own research.
XLM Stellar Updates While the arrival of the first physical replication Bitcoin ETF in the United States appears imminent, an event that would completely revolutionize the vision and accessibility of the crypto sphere, by investors who do not have the time and/or desire to invest through a wallet, BTC comes to the all-important level of $ 55,000, previously...
Currently we're bottoming out IMO. This would make a pretty CUP & HANDLE pattern. With a retrace on it's 50WMA and finding support. Bullish Divergence on MACD and RSI on this timeframe making it a possible move to the upside. If the pattern we're talking about is actually the CUP & HANDLE pattern and we break out I'll see a target of ~€13,6.
We are in the middle of summer. Blistering heat and vacation cravings have historically never been an exciting mix for the stock markets. Low volumes, profit-taking, almost all economic sectors in "pause" before the autumn rally (apart from the tourism and oil sectors, even with the covid, there was a slight recovery this year). Apart from the anomalous...
Right now we are forming a very possible W formation with upside down folowed by a correction to the neck line (factual possibility). Such as my XRP analysis
If i my count is ok, in the history of this pair, there are many cases of fifth extended wave. So, considering that the third wave is not so exagerated and considering that it finishes below the precedent impulse, i expect an extended fifth wave. Moreover, the price is tesiting a support, as you can see in my chart. Let's see that!
When the price of XLM breaks through ~0.45 "high-volume-bullish" there is a chance it will hit prices higher than ~0.6 up to ~+0.7 in the "next" few days we will get the " confirmation " for the price to hit expected price around 17th of this month further more analyzes are required shortly
I will buy at breakout to the upside, cheers✌️💫🚀
I already had this line drawn on my charts a while ago. It stays interesting to keep a look at this one. Currently finding support again and possible breakout to the upside from the current structure we're in. Not financial advise, do your own research. And GL trading.