Lumen
Lumen Breakout or Breakdown !Down trend-line is getting tight and let's see if it possible to let the up leads 0.5 price if we got a 4 HR closed candle we will fly with lumen next few hours and vs is worse draw so I'll update it next few hours to see and activate a trade or not
GOOD TRADE GIANT PAIRS
xlm end of wave 4 and all wave 5 possibilitiesXLM is perceived by many to be a top 10 coin and perhaps a true replacement to what bitcoin was supposed to be, money that is actually used.
There are very clear macro waves in play and we are in a macro wave 4. we could be here for months, although the excitement around xlm could make this weeks.
If you are a trader, you should've already sold if you held xlm this long.
At this point, you can continue to hold UNLESS btc dumps again. XLM has already established a dump zone of around 3100 satoshis. if you are watching the markets and btc clearly enters dump mode, sell your xlm. You don't even have to run to USDT. just be ready to buy at 3100-3300 region. It could fall through there...but just givign you a way to increase your stack by 25%.
I am giving all the scenarios of ending wave 4 (good, ok, and bad) and all the scenarios of wave 5
wave 5
likely 1 to 1 move of wave 3
gets us to 8k/9k satoshi range, depending on end of wave 4
Dream scenario: Everyone is expecting strong alts to storm the gates of btc dominance sooner or later.
XLM could form cup and handle and then have blue sky breakout...
IBM's coin
decentralized exchanges using xlm as revserve currency
lightning fast
no mining
sub cent fees
see extended fib levels for that possibility...
Stellar Lumen (XLM) is going DOWNStellar Lumen was one of the coins which profited from a strong december. It was a time to hold alts. Now, it will drop hard. If you are holding now, then sell. Because the correction isn't over yet. It is still at a really high position and will drop hard.
Looking at the indicators, bad days may come for holders. It did not really escape top resistance line of the flag and will move down a lot.
Good luck
Stellar Lumen Still FlyingLumen continues trending upwards while producing higher highs and higher lows. On the last wave up it produced an all-time high, hitting $0.97 and breaking above the 427.2% Fibonacci resistance level applied to the last wave where 200 Moving Average was rejected.
Following corrective wave down resulted in the 60% decline and price went as low as $0.4, where 200 Moving Average was rejected once again. After, XLM/USD went up breaking the downtrend trendline suggesting that the uptrend is now likely to resume. The first strong resistance is seen at the $1.18 where two Fibonacci retracement levels are inline. Only a break and close below the 200 Moving Average could invalidate bullish outlook.
XLM: After predicting bottom & first 50% upward move:what's nextIn one of my previous articles I called the bottom for XLM and highlighted that the first reversal upward move would occur - subsequently we saw a 50% move upward (so I hoped you followed my lead! :-) ), which then consolidated a bit and decreased somewhat in price. As one can see from the graph, the extent of this drop could be reasonably predicted up front, by taking into account the longer term trend channels and resistance/support lines. In the grey boxes, I show some examples of these.
As we can see now, XLM is in a short term upward trend and it is trading at the bottom of this channel + it has the 61,8% Fibonnacci retracement level going for it. Moreover, the MACD signals a second upward move coming nearer.
Given the strong fundamentals of Stellar Lumens (definitely have a look at the Stellar Consensus Protocol white paper by Stanford professor David Mazières), I am long on this crypto gem.
How about you?
(note that this is by no means to be taken as formal investment advice)
Happy trading!
XLM on the rise, possible 50% riseLocal all time low bollinger tightness -> high volatile outbreak expected
3 buy signals from ichimoku support approval and bullish turn, elder impulse system triple signals and ADX bullish turn, all confirmed with positive CMF rise
Possible elliot wave uptrend with fib resistance testings, reaching previous local ATH in the next week
Stellar, une fusée prête à partir [XLM - LONG] (39% possible)Suite à la baisse générale du bitcoin et des alts, stellar semble repartir sur une tendance haussière. Cette tendance sera confirmé grâce au breakout du point pivot ainsi que du seuil psychologique des 0.000045. 39% de potentiel si on retest la résistance à L'ATH (0.000062).
Effectivement, le Ripple peut fortement participer à ce changement de tendance grâce aux news récentes :
- Listing sur un exchange japonais
- Partenariat avec MoneyGram
L'annonce de la Roadmap 2018 qui aura lieu fin janvier aura surement un impact sur le cours du Stellar.
Bref, pas mal de ressources qui nous indiquent un grand avenir pour le XLM :)
Digibyte (DGB) : Bull Run Over For Now?This is the chart that no one wants to see, but the one you can't ignore.
My view on the recent impulse waves of DGB. Yes, it's sloppy, but when you have 1,000 usd swings with bitcoin you can't expect to have pretty Elliot wave sequences such as when you use the theory with traditional assets which is compared to a relatively stable currency like the USD or Euro.
Also, I'd like to point out that if you've been paying attention, this same sequence is playing out with numerous other alternate coins such as Siacoin, Ripple, Lumen, and the list goes on.
I hate being the bearer of bad news, but it may be time to take some profits and reenter at a lower price. OR there's always the option of holding through the storm which outperforms swing trading 90% when you're not the most experienced "trader".
I hope I'm wrong, but for now I think the action is over.
C leg of the correction waves may not go that deep either. Then, again it may go even deeper if we get a bull run from bitcoin.
ABC correction will be confirmed on a break below 615 sat.
I like DGB and I think 2018 will be a huge year for it so I'm definitely wanting to add to my long term position and the very best price which appears to be coming.
Trade Procedure:
Buy:
I'll be looking to reenter DGB at 540-575 sat.
Stop-Loss:
This trade is invalid at 734 sat.
Sell Targets will be assessed after buy.
As always Goodluck everyone!
Lumen (XLM): Possible Accumulation BreakoutCreated by a co-founder of Ripple, Lumen looks like its ready to go. Recapturing the lower median line (LMH) is a very bullish sign then Median Line fork frequency is still in effect. Now we are making an attack on the high. Ability to overcome this would create a new dimension of new buying in the market most likely taking price to the Median Line, then UMH. Possibly psychological number $1 in mind.