Looking very good now, XLM' bulls have been waking up again and finally seeing some volume and real movement again. So we broke up from that small triangle on the right and are following the blue line scenario since we broke up strong through that red resistance. Since we are back in the channel chances are increasing that we might test the resistance of that...
Stellar got some love from recent Crypto-wide rally.
But it has been a laggard compared to other big coins.
I think once BTC and ETH settle down, XLM might go.
There is Key Resistance just above current price.
If bulls can break the 4.618 then it might run.
Round number 0.1000 will also cause a pause.
But once past the nearby hurdles, then 15-25% jump is...
In my previous analysis i showed a bullish wedge, which was playing out almost perfectly in the blue circle, but in the end it dropped below the support line and made a small crash even. Now usually when a bullish wedge fails, we see a big fast dump happen. But instead we saw if move sideways and even a small countermove up. The past week, XLM' seems to be dead...
I was playing around with the XLM chart and drew up a possible bottoming pattern that resembles the fractal from 2017. We could go slightly lower or sideways in the near term and I don't believe this idea would be invalidated. A major sudden price move below 6 cents would probably indicate a much longer bear market is coming, and would invalidate this idea.
XLM' was one of the strongest coins in 2018, until november it was holding it's levels while the rest of the market tumbled. But lately it has played catch up as well. Now it is starting to look like there is a chance the low is being set, at least a temp low.
There is divergence on the right and left. Volume profile is a bit bullish as well it seems. On the...
XLMUSD STellar so reversal or point D could be anywhere between top and bottom blue lines. The only thing I can say now is that if this isn't the reversal, we are so F****** close!
TP (Take Profit) are point A & B #long
The previous Butterfly is correct somehow and could have played, but there was still space to fall and we did fall. Most of all I'm not sure...
Noticed a trend over the last year where 2 point peaks(major peak to minor peaks) form a downward line, when the price breaks that line it seems to go for a bull run.
First time poster, just wanted to share the idea.
The goal for every technician is that his or her chart should be so easy to understand that someone with zero trading background can follow it.
After a week of brainstorming I'd like to formalize my TA into specific blocks and give viewers different options that best fits your needs/expectations. Here's the plan starting Monday, February 4th as I launch my 6...
My previous idea is a falling wedge of which a bullish reversal could soon come out.
This possible upside is also supported by a divergence between trading volume and price very similar to that of early September 2018.
The result was a pump almost doubling the value of XLM!
DISCLAIMER: This is not an investment advice. You alone are the master of your...
XLM never really pump recently, a massive accumulation phase is currently happening on this coin.
We are actualy on 0.09$ levels, with a really strong support and fibbo 1.618 at 0.06$ level.
The RSI is oversold in every timeframes.
Risk ratio reward -30% for 100-200% gains.
Maybe the good time for a little entry ?
By the way, we continue to follow...