XLM/BTC ratio is either going to break out largely to the upside or remain stubbornly low in the low level megaphone pattern.
Large asymmetric trade here, especially if the bitcoin price remains as high as it is.
Upside legs on xlm to R1 / R2 and above, with XBT targets. USD chart in discovery mode... let it roam, whatevs.
Buy pressure on both sides pushing up, same visible on 1d.
Struggling to sell some because "they" tell you it's "bad" to sell?
Don't mix morals with millions, the market wont pay you to be a martyr.
Emotionally attached to a project/asset?...
Took XLM / BTC into log scale & added more time and we can see what the future holds.
1 thing is for certain BTC will most likely continue to climb into 2021 and any dips & pull back will not be a bear market.
So we can assume that we r in a full blown bull market now since May 2020 IMO.
The question is where does BTC top. Most analysis I respect point to a top...
Oscillator flashed BUY signal a few days ago, but the EMA of the RSI still had a downward slope so I wanted to wait until it started to turn upwards. Price confirmed bullish bias with a bounce off of a year long support line. SSL has also flipped green. Not looking for a huge move, but I think it's fair to expect to reach the 1ATR level, at which I will lock in...
Denelle Dixon , PDG Of Stellar Development Foundation (SDF) announced 3 big focus for Stellar future:
- Strengthening Stellar's authority
The SDF intends to focus initially on the solidity and user-friendliness of the $XLM. On the one hand, it wants to focus on the tools that developers and others need, in order to bring more anchors to the ecosystem and help all...
Possible scenario (to be confirmed):
- Wave 1 seems to be a very ugly leading diagonal
- Wave 2 is a good looking zig zag retracement
- Upcoming waves 3, 4 and 5 are plotted based on normal impulse wave rules, however there is not sufficient data to confirm.
The pitchfork is used to have a sense of the slope, though insufficient data to confirm.
XLM (Lumens), the native token of the Stellar blockchain, was one of the leaders of the Altcoin rally we saw the past few days. It rallied ~60% in approximately 3 days before starting to retrace. We have now come down more than 20% from the high of .00000944. We are approaching the .618 Fib retracement level. This is always a good zone to watch for a bounce after...