ninjacookies

ninjacookies Updated 

If you followed my previous idea here published a little more than 24 hours ago: you will see that Stellar has a tendency to repeat itself. A lot. And low and behold, we are faced with another deja vu scenario of a situation that played itself not more than a day prior. We reached our initial target of 620. But there is so much more left in store. Here is...

ninjacookies Updated 

After XLM faked me out on my previous idea when I anticipated a breakdown in a bearish flag/pennant....it is now showing very positive bullish signs that are further aided by the cup and handle formation that is currently close to completion. It has been steady forming higher lows and higher highs even despite Bitcoin's swift rise, which is a sign of stability...

ninjacookies Updated 

If you've followed my ideas long enough, you'll know that I absolutely love scalping/swing trading this coin. For the most part, the medium and large moves have been quite predictable. I'm making another short-term forecast. It's currently been bouncing in a rather tight range within a bearish descending pennant/wedge. The 1hr chart is quite telling. If the...

ninjacookies Updated 

We have some very strong indicators for Stellar Lumens right now. In addition to a triple bottom, there is a strong cup and handle formation that appears to be nearing completion. This is further substantiated by a rising bull pennant which, upon breakout, should also complete the rest of the handle. A break above the 0.00000517 neckline will confirm this...

ninjacookies

We are currently in a strong uptrend in a reversal pattern from a bounce off the long-term support line. Movement is mimicking the last bullish move up to the 0.00003396, which I think shall repeat. Strong cup and handle is forming. Pending orders will want to be placed at a break of the neckline at 0.00001886. Stop Loss at 0.00001700. We have strong bullish...

ninjacookies Updated 

It has been awhile, but I am back. Despite the recent turbulent price fluctuations and tug o' war parity between BTC and BCH, Stellar has managed to remain fairly steady and reliable. Although volume isn't necessarily 'stellar,' it has seemed to find a relatively safe floor around the 450-460 levels. If recent history is any indication, we are currently in...

ninjacookies Updated 

For those that have followed my ideas for awhile, I predicted a drop down to the 55x area (which is also approximately where this downward trend was to merge with the long term trend line). Unfortunately, 55x did not hold and after a whole lot of sideways movement, we are dropping....fast (I also preidcted quite a swift fall if we could not bounce off trend line...

ninjacookies Updated 

Hope you all got something useful out of my shorting call earlier this morning. Broken down bear pennant, 4 hour hammer, broken down 646 support, leaving the 15 min ichi, and dropping below the 200ema confirms the move. At least for now. Re-examining the charts, this might be the end of the 3rd leg on a corrective elliott wave from the previous jump. Or it...

ninjacookies Updated 

Looks like we may have topped out around the mid 7xx level for the day on this current leg up (check my previous charts for the bigger picture). However, looks like a strong elliott wave cycle has completed and we are in for some correction. Examining the 5 minute chart, we have what appears to be a clear H&S forming. However, we need to be certain that the...

ninjacookies Updated 

Just an update to my previous long projection this morning for Stellar Lumens to hit the 1-1.1k area: there appears to be a strong cup formation developing on the 30 minute chart. Waiting to see a clear evidence of a handle, but all signs are still pointing to being very bullish: - holding above the 200 day ema - hovering above the 30 min ichi - exceptional...

ninjacookies

Looks like we're about to break the c&h pattern that I projected earlier this morning almost to the T. Breakout of the 64x level confirms. Expect the next leg up to test resistance at the 84x level. Then pull back again before the rocket ship up to glory. Post-fork action should aid with the jet fuel. As always, pay attention to market signals, as this is...

ninjacookies

Chart shows a strong bounce off the 4 hour trendline (and subsequent large channel elliott wave) and a pattern reversal in what I think is another elliott wave back up to the ~1k-1100 area. Great time to enter long if you can get in around the 5xx area. Suspect it will continue to get a lot of volume this week as the price of BTC fluctuates. Has remained strong...