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Although the chart provided has changed, you cannot see the old flow, but there are horizontal points drawn according to the old flow, so I...
The market reaction to the latest movements was awesome. It crashed at the speed of light and started to recover at almost the same speed.
To me this is a signal of a bull market still ongoing and we can't miss the opportunity of buying low to sell high. Of course all depends on a person's perspective, I am not a day trader, I prefer to see the long term picture...
This is the 15 minute chart,
as a HODL'r, (or someone who plans on holding the coin long term) I see this as a POTENTIALLY large return on investment.
IF the coin drops further in price,, I would recommend that you scoop as much as you can.
I do not believe that this coin will stay this price this long.
Look to see substantial growth in the next couple of...
XLM is priming for a boom!
Here we see the ema20 and ema50, current price being so far above the moving averages indicates a drop incoming. We can see price pushing down to even out the with averages, and this is confirmed with a decrease in volume (see circled in pink).
Once we retrace to moving averages the bulls will buy up and push us to a new relative...
1. Has the weekly bear trend been broken? Trend lines show a potential YES
2. 50MA and 100MA getting very close and if price breaks out higher, there will be a golden cross on the weekly.
3. Recent pullback (still happening now) features a potential massive long opportunity for alot of profits...
4. Check my other post about BTC.D trend that compliments a big rise...
Support found @ .15. I setup my stop loss @ .14. I might move it down a cent if the trend dips more. Resistance @ .23. I don't think it will last long. Volume is still pumped from before the spike. Once holders get confident in the support, they will break the resistance. Pay attention closely. XLM is moving around a lot.
(XLM) is the native cryptocurrency for Stellar, an open source blockchain payment system. The purpose of Stellar is to connect financial institutions via the blockchain and provide cheap transactions in developing markets.
-XLM has Awoken with XRP.
-Buy and Hold Idea
-Looking For a Retracement Before Entry!
💠Keep Contemplating Crypto!
💠Check Out The Crypto...
Stellar is looking Stellar right now. There's a lot of movement, so be weary of a pump, but there looks to be some historical supports that XLM has broken through. It's fitting into a nice parallel channel. The supports & resistance seem to follow a Fibonacci sequence. So the second triangle is mere speculation. Safe STOP-LOSS is .12-.14. You can go with .17,...
Hey friends, hope you are well and welcome to the new update on Stellar coin.
Another bounce from the support of wedge:
As in my previous post we have seen that on weekly chart, the priceline of XLM coin was getting bounced from the support of a rising wedge and had a strong resistance of 100 simple moving average.
Now the price action of Lumens is again moving...
After the succesfull breakout of inverted Head & Shoulders pattern on Daily chart as seen below
and 40% run up, I´ve decided to zoom out to see the possible setup for Weekly chart and it shows a opportunity for
300% gains with R:R 16 !
XLM is reaching it previous high as well as linear downtrend line resistance zone. If it can break it then...