Lumens How To TradeWe have opportunity how to trade. Buy zone range in 4800 - 4200, Take profit 7000 - 8500 sat.
Good luck.
Lumens
Some stellar lines, elliot something?I don't know what I'm doing but I drew more lines. Found an abc correction and possible 5 waves up and a bunch of support/resistances?
Stellar should reach 0.7$ soonNew week new TAs... well almost a new week :). However, we are looking 1hour chart.
First, our target is 0.77$ on our way there we will face resistance in few spots. The first one is at 0.64 where we are at the moment, we need to break this if we will see more gains, the next one is at 0.71$ but if we can pass it we don't have resistance on our way from 0.71$ to 0.77$ At 0.77 we have also another resistance level which we need to break on our way to T2 which is at 0.98$ which is also almost all-time high. T3 is at 1.187$ but I am not saying we are going to reach it (soon).
On a short-term, we should look if we can break 0.66 or if we fall below 0.56$ might mean that surging is slowing or we are going to experience a bigger dip which might also be a good buying opportunity if we don't fall below 0.43$
I hope you like this and before you do anything I want to say I am not a professional trader, I might be wrong and this isn't financial advice.
However, if you still use these technical analyses for trading I recommend using stop loss.
Comments and feedback are greatly appreciated, I will read and answer every comment because they are important for me :)
[XLM/BTC] - Stellar ready to pumpStellar has completed an inverse head and shoulders pattern on the 4H is looking ready to pump to new all-time highs. The descending volume gives legitimacy to the reversal pattern and the volume spike and bullish cloud metrics give confirmation to the bullish reversal.
Look for a test of the ATH at 6815 and then a run to the next fib extension at 9100.
Stellar in the deeper correctionBy breaking below the 0.00005 level Stellar changing the bullish pattern to the correction scenario.
For near term I expect the STRBTC to stay inside the 0.00005 - 0.000034 channel.
Nonetheless, recent uptrend (01.22 - 01.28) still has power until the price will break below the 61.8% Fibonacci level at the 0.000042 price.
XLMBTC New Highs ExpectedAnyone who's been following me outside of TV, knows that I'm very optimistic about Stellar.
Above we could see the market inching towards it's support located @ 0.00004852
I'm anticipating a bounce towards 0.00006 (if PA breaks through this area we should see brand new highs)
A pull back to 0.000044 is possible - this is a solid entry IMO
This is a coin to own, not to trade... Just my two cents.
Execute at your own discretion.
Stellar making his 4th waveThe 38,2% or 50% of fibonacci retreatment can put the price in 5080 or 4900 satoshis, buy at this zone and take profit in 6900-7000 satoshis
XLM/BTCLumens Long is activated... Wanted to wait for a cleaner ABC but hourly and 15 leading me to favor my primary count. One more push up towards congestion zone. ATH area
Whether we have one more wave up to complete the five, or are correcting the 5 now. Like my risk to reward and where we stand in the market cycle.
Trade Wisely... Not investment advice
Lumens Long...Waiting For That Technical Entry ;-)Lumens had a great run up this month. For approximately six days we went from 3900ish to 5800 satoshis and some change. Not bad at all.
I have a slightly different count than other analysts regarding where we stand with Stellar Lumens--but our destination is the same. Up...
I am eyeing an area around 1618/175 projection for the highest probability zone for where, potentially, I could see my 3rd wave reaching--approx 8000 satoshis. For those that have that first attempt at an impulse in their count, targets are only slightly higher, around 8500. Unless its your position to not be so flexible, this is a good example of how sometimes a slightly different subwave count in the end does not make much of a difference long term.
Now with that said, could we just head up from here? Absolutely. That would cause us to rethink our analysis and relabel. Good trading is about minimizing risk because we will be wrong more than we are right. We will miss trades (like my ETH entry ;-)) and be stopped out. For me, and this is my opinion and technical strategy, I'd like to know that I am wrong as soon as possible. So that I can adapt my trade.
I'd like to see an attempt up (b wave) followed by more healthy correction and lower prices. Which I propose we will need in order to break through huge upside resistance and higher targets. I am expecting some volume from the 5000-5200 range for those bulls who are still trying to ride this up now. Longmoney is not one of them at the moment.
As always, trade wisely. And don't use my information for investment advice. Only education ;-)
Ideal Entry - 4600-4800
What I expect from XLM based on TA (in FA can be much more)MACD turned Green
RSI moving up
Volume slowly increase
Good coin to hold for long term
XLM preparing for major uptake?In this pre-bed time post I have tried to keep it simple:
--> The MACD is showing a bullish reversal is pending, looks like it’s going to a strong golden cross.
--> The CCI shows “oversold-ness” and is edging upward
--> The graph itself shows that the Fibonacci 61,8 is already a strong support, together with the underlying trendline . Price has been bouncing back and forth from that line. Moreover, the last couple of days, price has been consolidating at these levels.
--> Given the bullishness in the MACD and the support levels that are still intact , I think we can reasonably expecting a bullish boost somewhere soon.
--> In the mean time, note that if it would fall through, the next level would be the 78,6 retracement at around 0,00028387.
--> But everything is pointing to further upward movement, with the 0,5 level at 0,00056031 as a first major resistance level to overcome.
Feel free to draw an Elliot Wave analysis on it ;-)
Sweet dreamzzz
XLM firing up againEverything's looking great for an XLM run
The slow and fast guppy turn into bullish
The Ichimoku support and bullish signs
The Elder ray signs been bullish for a whole week with no sign of decline
Volume is rising
Parabolic SAR shows an uptrend as well
First major resistance broken
Second ceiling at ~6785, this is the main target in the short term
XLM/BTC, The Flag King. 40% Or 65% Profit.Hey Everyone!
I am back with another chart, this time on Stellar Lumens.
I was checking some charts and found the XLM graph pretty interessting.
This is the third time in 15 days, that XLM has formed Flag pattern. Maybe even a good day trading.. You should keep an Eye on Volume,RSI and the upper yellow Line.
"The flag stock chart pattern forms through a rectangle. The rectangle develops from two trend lines, which form the support and resistance until the price breaks out. The flag will have sloping trend lines, and the slope should move in the opposite direction to the original price movement. Once the price breaks through either the support or resistance lines, this creates the buy or sell signal."
Buy - Its hard to tell now, But I feel Like 3500 - 4000 Satoshis.
Targets - 4900 and 6100 Satoshis.
If you agree, or dissagree comment bellow, I would really like to know your own opinions!
If this Chart gets a little bit of attention, I will update!
Thanks!
XLM/BTC We reached the expected targets for Lumens in our previous trade--after a difficult correction. But even so, a very technical trade. I was less greedy with my targets;rather than targeting the highest probability zones. Take profits people. We don't know the top.
As I am not liking the subdivision of our fourth wave, I think we may have one more push up to complete the fifth.
Ideal entry is at the 32 with expected first target around previous ATH.
If the count holds ;-)
Not trading advice people. Do your homework :-)
Decoupling in Stellar?Stellar appears to be decoupling. In Stellar's history these trends do not last long. They often predate a big move for either BTC, or STR/XLM. My assumption is we will see some added volume in Stellar, and see the price raise slightly higher before either a BTC rally, or a Stellar fall will recouple the two. But there can be no better opportunity to make free coins than to take advantage of these types of conditions.
Keep a sharp eye traders!
[XLM/USD] Short before Roadmap UpdateJust my view of Stellar Lumens. Roadmap update will announce for 25/01/2018 so ..
Proof: coinmarketcal.com
Two Triangle Formations Proceeded By The Recent CorrectionThe inner triangle points out a potential price drop and a decrease in momentum. The outer triangle shows the price preparing for a momentum change.
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.
Stellar ready for next round? Target: +80%Symmetrical triangle is forming, needs more volume to break out!
1st target: 7166 sats.
Double Bottom; Support at .40Chart speaks for itself. Strong support at .40, set your stops accordingly. If the market remains stable, we should see XLM move up from here.
