This chart speaks for itself.
We first look at the movements of XLM in the 2017 Bull Run. 1) A massive impulse up, 2) an 88% correction, 3) a second impulse up to ATHs.
Presently, we have seen 1) A massive impulse up, 2) an 88% correction, and we are waiting on what comes next.
One thing to note - the 88% correction took approximately 3x longer this time...
Price might go down at demand zone around 0.080 or maybe around 0.045. Heard some info saying there will be some event on Stellar network going live this June. Not sure what it is and I am not fundamental analysis expert -u can check it out but if price did bounce back on 0.080 demand zone, it is a possibility it will have momentum making new higher high. As u can...
Radiant Star of 2218) One of the most “silent” cryptocurrencies. Unlike its fellow clone, pumped up by the community on the ears of pseudo-esoterics (although 589 is not going anywhere, which is, that is, it is not price))))....
Note that past secondary trend reversals are shrinking after significant dips. We are now in the lower zone of the channel, but not...
on the weelky timeframe we can notice Stellar (XLM) is in a giant falling wedge pattern. This is usually a pattern leading to an upside move.
We can't ignore the red path as bitcoin and macro are not at their best at the moment. Bitcoin still on the edge of further downside.
However, if things can get better for crypto, we can imagine (and pray)...
The price formed a falling wedge. We expect a breakout to the upside. 100 day-moving average and 50 day moving average are about to cross (Golden cross).
Target price: 0.48
entry point: break out of the falling wedge with a high volume
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
(XLMUSD 1W Chart)
If it falls below 0.124080, it is expected to enter the mid- to long-term investment zone.
(XLMUSDT 1D Chart)
If it falls below 0.1240, it is expected to enter the mid- to...
Hey friends hope you are well, and welcome to the new update on Stellar coin.
Breaks down significant support:
On a weekly time frame XLM is breaking down a very significant support of $0.16. This $0.16 level has been working as strong support and resistance since Mar 2018. Now the next major
support will be at $0.12.
Broke down channel and H & S:
Something else to think about. Not everything is TA. No good or bad news has hit XLM. Where would be the rush to sell? The weight of BITCOIN and ETH is the problem. If XLM & XRP disrupt those two heavies, then anticipate them to go down. Money will have to be funneled to new projects. Don't be surprised when those two projects fall, also anticipate that...
From its inception, Stella xlm has just one bullrun so far. The second bullrun is now knocking. What I mean by bullrun is a situation where the price of a coin multiplies by up to times 10 or above from its present price. That is to say if Stella second bullrun should hold as anticipated, its price should move to 10$ to 20$ at the end of its second bullrun.
Hi friends hope you are well and welcome to the new update on Stellar.
Broke down the channel and H & S:
On a 4-hour time frame, XLM formed a down channel and during the movement within the channel, the priceline also formed a Head & Shoulder pattern. Finally, XLM broke down the neckline of H & S and the support of the channel.
The target for the Head &...
I am using a Modified Schiff Pitchfork and an ascending channel to show the possible price targets for XLM on a weekly chart. You can see how XLM has been respecting these low points on both the ascending channel and the MSP (modified schiff pitchfork). This is extremely crucial to take notice of as xlm is respecting this bottom already three times (in 2017...
TRIGGER is required for any arrows on the chart. Please read below:
After a 5-wave bullish market for COINBASE:XLMUSD , it is experiencing an ABC wave correction. The correction wave would not be ended up until reaching the zone 12 cent. However, if we see any trigger meanwhile, it can be used as a long position trigger. I personally will wait for the breaking...
After exiting the range Stellar began to form a triangle.
After retesting the upper boundary of the triangle, trading volumes decreased again.
I expect that after fixing under the resistance level the volatility decrease may continue and we will test the lower boundary of the triangle again.
Since 2014, my markets approach is to spot trading
opportunities based solely on the development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
Hello Traders ✌
Some Cryptos are going towards their targets after completing a Classical Chart...