If Bitcoin can remain stable, XLM may follow LTC from analysing this potentially powerful fractal.
Stellar Lumens is currently testing a horizontal S/R flip + confluence with the lower channel trendline and this provides us with an ideal entry with good risk-reward.
XLM has shown a very nice head and shoulders bottom that seem to be in its final stages. we can shoot up from here or go down a little. This pattern is a reversal pattern on a daily degree that can shoot this coin back into fame again. I placed a area for wave 3 to end which is where the minimum target for the H&S pattern is set to reach. But, I think we have good...
Yesterday, the price of Stellar Lumens came close to the important support level of $0.110, but rebounded above the resistance of $0.116. At night, the coin consolidated in the corridor $0.112- $0.113.
If the bears can push it, then the price will be in the area of $0.105. It is likely that the price will start to recover from this area and Stellar will avoid...
Hi, today we are going to talk about XLM!
In this chart, we observe an excellent opportunity of buying in the long term (Time Frame: D1). Details are highlighted above.
Thanks for reading, and have good trades.
Lot of alts making these inverted head and shoulders bottom patterns. I'm kinda just scanning for the ones that haven't broken out yet. Certainly not a guarantee to follow the same path but I believe Cardano led this whole pump (aside from Litecoin).
I think the neckline is actually that 13337 (heh) but could be slanted neckline that's already broken
Trade: $XLM Purchased
Exchanges: BCEX, HitBTC, Huobi, Binance
Play: Hooligan testing Resistance
Stop Loss: $0.1249
Risk: Medium (Watch BTC Action)
Note: $XLM is currently holding a strong Hooligan Pattern. Apart from that it has one of the hottest 24 hour volume with lowest outstanding coins to price ratio...
Traders could open a long position since the price reached the ascending channel’s lower trendline and exit the trade when price nears the upper
channel line. A stop-loss order should be placed slightly below the lower trendline to prevent losses if the security’s price abruptly reverses.
This chart is for educational purpose, i would like to see insights from others.