XLMBTC is ready for long-term bull run
Re-testing wedge:
XLM with US Dollar pair, after breaking out from the wedge on the weekly chart, the priceline has re-tested the resistance of wedge and support and the long-term breakout has been confirmed.
BULL FLAGE and testing EMA supports:
On the daily chart, the priceline has formed a bull flag and being consolidated. In the meanwhile, the XLM is also testing the EMA 10 and 21 as supports.
SMAs on weekly chart bitcoin market:
With Bitcoin pair, on weekly chart, the priceline of Stellar is breaking out the 50 simple moving average then there will be 100 and 200 SMA resistance levels.
Ichimoku cloud:
On the same weekly chart, with Bitcoin pair, the price action of Stellar is moving under an Ichimoku bearish cloud for a long time. Now the cloud has turned weak and it can breakout the cloud at any time for a powerful bullish rally.
Long-term big harmonic moves:
On long term-two week chart the price action of stellar has formed a bullish Butterfly:
And on 2-month chart, it has formed a big BAT pattern and entered in potential reversal zones of both patterns.
Conclusion:
XLM needs a breakout of weekly 200 SMA and the bearish cloud as soon as possible to start the long-term bull run. The harmonic moves are indicating that the breakout is very much confirmed.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
patreon.com/moon333
XLM with US Dollar pair, after breaking out from the wedge on the weekly chart, the priceline has re-tested the resistance of wedge and support and the long-term breakout has been confirmed.
BULL FLAGE and testing EMA supports:
On the daily chart, the priceline has formed a bull flag and being consolidated. In the meanwhile, the XLM is also testing the EMA 10 and 21 as supports.
SMAs on weekly chart bitcoin market:
With Bitcoin pair, on weekly chart, the priceline of Stellar is breaking out the 50 simple moving average then there will be 100 and 200 SMA resistance levels.
Ichimoku cloud:
On the same weekly chart, with Bitcoin pair, the price action of Stellar is moving under an Ichimoku bearish cloud for a long time. Now the cloud has turned weak and it can breakout the cloud at any time for a powerful bullish rally.
Long-term big harmonic moves:
On long term-two week chart the price action of stellar has formed a bullish Butterfly:
And on 2-month chart, it has formed a big BAT pattern and entered in potential reversal zones of both patterns.
Conclusion:
XLM needs a breakout of weekly 200 SMA and the bearish cloud as soon as possible to start the long-term bull run. The harmonic moves are indicating that the breakout is very much confirmed.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
patreon.com/moon333
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