XLMUSDT is testing 0.5 Fibonacci retracement after had a rejection from monthly resistance.
IF the price will have a breakout from upward and turn the monthly resistance into support According to Plancton's strategy, we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly...
Right now, there are 3 BUY signals are present and I'm BULLISH.
If you are holding XLM, you can take profit at the resistance levels (0.085), (0.13) or you can sell at the EngineeringRobo's sell signals.
If you haven't bought XLM yet, you can buy right now or you can buy when candles open-close above resistance level (0.085)
or, you can buy at the support level...
Today’s Analysis – XLMUSDT- trading above weekly S/R, diverting to pitchfork median where a move it probable.
Points to consider,
- Price Action Acceptance
- Weekly S/R Support (Pitchfork, EMA Confluence)
- Range mid target
- Oscillators neutral
- Declining Volume
XLMUSDT’s immediate price action is getting acceptance back into weekly...
- EMA 20 is supporting XLM on 6H timeframe
- Bullish crossover on Stochastic RSI
- Trend into Ascending channel
- Broke heavy resistance level and take hold above it !
- MACD is bearish
- double divergence on RSI
- Helical indicator is bearish
For next hours we would retest support but in...
XLM goes up in the uptrend channel and in my view can touching the top of the channel after the break of the strong resistance at 0.148...
If XLM breaks the resistance and hits the top of the channel, we can see 0.229
Chart for believers and Stelar Lumen holders.
Once upon a time, a long time ago in 2017, this coin on the Poloniex exchange with the designation STR gave huge xx on the growth. Another positive point was in XLM. Its transaction at that time took 3-5 minutes! For example, Ethereum, Lite or Bitcoin could get stuck in a transaction for 12-24 years. This is so, a...
Stellar - Short term - We look to Buy a break of 0.0842 (stop at 0.0819)
We look for gains to be extended today.
Further upside is expected although we prefer to set longs at our bespoke support levels at 0.0840, resulting in improved risk/reward.
0.0840 has been pivotal.
Posted a Double Top formation at 0.8400.
The medium term bias is neutral.