A Stellar RecoveryXLM quickly broke through all the barriers that had been holding it back and the price rose substantially.
To top it off - even as BTC has pulled back - XLM has not seen the correction.
We are moving sideways at .31 - it appears like we will in the near term - bump up to .36 where we either continue to climb or we pull back to .31 again.
The case for buying for Stellar has always been strong - but its performance during the last few days has shown confidence in the asset - and amazing returns from a "top 10" coin.
XLM is still very much a buy at this position - the market is begining to look bullish again and that can only bode well for XLM.
Stellarbtc
A big dayBecoming Sharia compliant: wow. Does it change anything for us? No... but it gives potential access to another 1.6bn people on this earth. Yesterday we witnessed one of the biggest days for XLM in the last 6 months. Now let's consolidate and rise slowly back to old and new high's.
Today:
Confirmation of the new range 0,24 to 0,27?
Breaking 4000sats?
BTC breaking $7500?
Fingers crossed!
STELLAR: FIRST SHARIA COMPLIANT CRYPTO? - PROFIT = 21.95% !!!Our "Crypto Bottom" Trade Indicator has identified a buy in point on the 11th of July 2018.
Using this buy in point and selling at today's peak price, you would have expected to net 21.95% PROFIT!!!
The increase in price may also be explained by positive developments including:
March 8: Stellar announces a partnership with Keybase (who have created a general set of cryptographically secure tools (chat, file storage, git)
March 19: Stellar notifies intention to integrate lightning network into its protocol.
March 22: Kik notifies intention to use Stellar as a platform for their KIN tokens.
April 17: Novatti Payments (Stellar's anchor partner) integrates with Stellar's blockchain platform.
April 27: The MobileCoin ICO 8.82% a Binance backed ICO 8.82% -4.00% that uses the ‘Stellar Consensus Protocol’ to facilitate mobile payments. Stellar is able to get a foothold in the mobile payment market allowing users to send and recieve money through instant messaging services. This provides publicity to Stellar as a platform for initial coin offerings (to compete with Etthereum as a platform for ICOs)
April 27: Lumenette mobile wallet that allows users to send Lumens to anyone on their personal contact list via phone/email
May 1: Bitfinex (cryptocurrency exchange) lists Stellar Lumens
May 12: Morph Wallet supports Stellar Lumens.
May 12: Chinese government announced the introduction of a blockchain rating system and now the 28 projects that will be rated are known. One of these projects is Stellar .
July 10: StellarX, the first full-featured trading app for Stellar’s universal marketplace is released. StellarX allows users to trade all types of assets fiat, crypto, bonds cheaply and quickly while maintaining sole control of their private keys. All network fees are automatically refunded.
July 10: Stellarport ( a fast, intuitive and reliable portal to the Stellar Decentralized Exchange) announces ZERO FEE trading.
July 10: LOBSTR Stellar Wallet is released.
July 12: Stronghold (financial institution that uses the StellarOrg Distributed Exchange) Announces $3.3 Million Seed Funding Led By Freestyle Capital.
July 14: Coinbase announces that it is exploring the listing of Stellar Lumens on it's platform.
July 14: Global money transfer service Tempo has announced it is launching its cryptocurrency payment network on the Stellar platform, a move that is expected to make transfer rates more affordable. Through the Stellar network, Tempo can process 600,000 transactions for a fee of roughly $0.01 U.S.
July 17: Stronghold (financial institution that uses the StellarOrg Distributed Exchange) announces that Stronghold USD will be used to explore payment settlement and foreign exchange with IBM Blockchain.
July 17: Stellar announces that it is the first distributed ledger protocol to receive Sharia compliance certification in the money transfer and asset tokenization space.
The price increase is the result of a recovery in the overall crypto markets and the positive developments highlighted above.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
There is a possibility for the beginning of uptrend in STRBTCTechnical analysis:
. STELLAR/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 36.
. While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000266 to 0.0000255). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000266)
Ending of entry zone (0.0000255)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000332
TP2= @ 0.0000348
TP3= @ 0.0000388
TP4= @ 0.0000426
TP5= @ 0.0000463
TP6= @ 0.0000497
TP7= @ 0.0000585
TP8= Free
There is a possibility for the beginning of uptrend in STRBTCTechnical analysis:
. STELLAR/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 36.
. While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000266 to 0.0000255). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000266)
Ending of entry zone (0.0000255)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000332
TP2= @ 0.0000348
TP3= @ 0.0000388
TP4= @ 0.0000426
TP5= @ 0.0000463
TP6= @ 0.0000497
TP7= @ 0.0000585
TP8= Free
STELLAR LUMENS: COINBASE LISTING? - PROFIT = 21.93% !!!Our "Crypto Bottom" Trade Indicator has identified a buy in point on the 11th of July 2018 .
Using this buy in point and selling at today's peak price, you would have expected to net 21.93% PROFIT!!!
The increase in price may also be explained by positive developments including:
The increase in price may also be explained by positive developments including:
March 8: Stellar announces a partnership with Keybase (who have created a general set of cryptographically secure tools (chat, file storage, git)
March 19: Stellar notifies intention to integrate lightning network into its protocol.
March 22: Kik notifies intention to use Stellar as a platform for their KIN tokens.
April 17: Novatti Payments (Stellar's anchor partner) integrates with Stellar's blockchain platform.
April 27: The MobileCoin ICO a Binance backed ICO -4.00% that uses the ‘Stellar Consensus Protocol’ to facilitate mobile payments. Stellar -9.89% is able to get a foothold in the mobile payment market allowing users to send and recieve money through instant messaging services. This provides publicity to Stellar as a platform for initial coin offerings (to compete with Etthereum as a platform for ICOs)
April 27: Lumenette mobile wallet that allows users to send Lumens to anyone on their personal contact list via phone/email
May 1: Bitfinex (cryptocurrency exchange) lists Stellar -9.89% Lumens
May 12: Morph Wallet supports Stellar -9.89% Lumens.
May 12: Chinese government announced the introduction of a blockchain rating system and now the 28 projects that will be rated are known. One of these projects is Stellar.
July 10: StellarX, the first full-featured trading app for Stellar’s universal marketplace is released. StellarX allows users to trade all types of assets fiat, crypto, bonds cheaply and quickly while maintaining sole control of their private keys. All network fees are automatically refunded.
July 10: Stellarport ( a fast, intuitive and reliable portal to the Stellar Decentralized Exchange) announces ZERO FEE trading.
July 10: LOBSTR Stellar Wallet is released.
July 14: Coinbase announces that it is exploring the listing of Stellar Lumens on it's platform.
July 14: Global money transfer service Tempo has announced it is launching its cryptocurrency payment network on the Stellar platform, a move that is expected to make transfer rates more affordable. Through the Stellar network, Tempo can process 600,000 transactions for a fee of roughly $0.01 U.S.
The price increase is the result of a recovery in the overall crypto markets and the positive developments highlighted above.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
XLM - A safe tradeHey guys,
This time we are going to look at XLM-the Stellar Token.Even though we are far away from the 1$ mark that we almost touched at the end of 2017,XLM looks back on track for another rally.
The triangle formation that has been formed has been confirmed by multiple points.As we can see,the 2.9k line has proven to be a strong resistance for XLM,proving,once again,that we are about to see another rally.
How to trade: In my opinion,buying at 3.2k would be a wise decision.In case this may seem to risky for some of you,i strongly recommend watching for a Golden Cross,that is expected to occur next week. Nevertheless,i would set a stop-loss at 2.8k sats,just to have my funds safe.
Expected profit: Short term,the profit that this trade can get you is of about 20%,which isn't anywhere close to winning the lottery,but represents a good trade,especially when it comes to the risk-profit ratio.
None of this is trading advice,as it only represents my opinion on how things will evolve.
If this has been helpful to you in any way,please feel free to drop some change in my piggy bank, or just leave me a review in the comment section.(It would mean the world for me ;) )
BTC: 1FT5eALCLpTKtQDiwQrEvuq51ScXJQqDEZ
ETH: 0x3d2966f2cd842dd4c63cb42991d234b8f07e78b5
For any questions,leave a comment down below and i will answer as soon as i get to see it.
Cheers!
STELLAR 300% PROFIT POTENTIAL 2018 - CryptoManiac101Stellar on huge growth potential, not just because of bullish pattern but also because of it's great team, project.
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
XLMBUSDT: Perfect Zone for a LongXLM has entered the lower bounds of its descending wedge vs. BTC and is hovering near the support zone vs USTD. This coin has a hard fork in its future (August) and an implementation of the lightning network (October - December). One of its key investors is the CEO of Stripe - which was just licensed to start working with cryptocurrencies. We expect great things from this coin in the long term.
Buy from: 0.165 - 0.175
Target 1: 0.196 (top of the descending wedge) -- reinforce on breakthrough
Target 2: 0.236
Target 3: 0.298
Target 4: 0.371
$XML #STELLARLUMEN - ready for a short bounceHello Lads and Ladies,
XLMBTC is a very interesting scenario. I called it a few weeks ago already that if it does not mange to bounce off the 61.8% fibs, it is more or less rest and heading towards the 78.6% line, which has been a major support in the past!
ANYHOW, on its way down we cannot exclude some corrections upwards, maybe even exactly to that 61.8% fibs. So, how do I get to that 61.8% line and why might it happen even within the next next few days?
Taking a look at the daily chart, it is VERY bullish at this moment. We are far away from the middle of the Bollinger Bands, RSI is at 29 points, very near to its lowest of 26 Points AND we are today on the 9th candle of the TD sequential, what mostly means a nice turn over, as we also have seen at XLMBTCs past.
Nevertheless, I strongly doubt that this would be the trend reversal already and we would after that continue heading down towards the 78.6% fibs, from where on we SHOULD see a trend reversal.
Taking a view at the ugly hourly chart, we can see a wedge forming and right now still sitting above the middle of the Bollinger Bands, from where we might see a bounce up.
Anyhow, the hourly has a rather high RSI, so if we see a bounce sound, it will be very soon and easily overbought and then head south again, which would correlate with that what we see on the daily chart.
Moreover, for me the daily chart and its formations are more relevant in this case.
Like and Follow me and you will find this page interesting because I am a TA expert and day trader that does daily updates and new posts about the hottest and most discussed coins.
Fell free to request TA for ANY coin you are interested in!!!
Cheers, Tomas
La resistance!Markets went up yesterday driven by some crypto news from mr Jack. XLMEUR spiked to 0,208 and then started to tumble again below 0,20... hodl
Today
fight for 0,20 and XLMUSD to remain above 0,23
XLMBTC fight for 3500
when o when does BTCUSD recover to 7,000?
the new uptrend channel is approach fast? Did I forecast correct?
Hang in there!
Losing it againXLMEUR together with the entire crypto market is struggling to find direction. I was hoping that XLMEUR could manage to stay above 0,20 cents, but markets are weak, thin and full of FUD. HODL
Today:
range between 0,19 - 0,20 cents
XLMBTC remains around 3500
...wait...wait...wait longer!
Have a good one
$XLM #STELLAR - bouncing of intermediate support - easy 10% grabHello Lads and Ladies,
This time I was requested to look into XLMBTC and I see a short term possibility here.
Basically it had a big push and taking this big initial push into consideration, you can perfectly apply the fibonacci retracement. The fibs lines have been respected all along and are functioning very well as support and resistance.
Right now, we just had a touch at the 61.8% fibs line and are starting the bounce to the 50% fibs line. This would be buying in at this moment an easy 10% grab.
Now, here comes the clue behind it. Should XLMBTC not break the 50% fibs, it will come back down to the 61.8% support, no we have seen 4 bounces off of it and as I had mentioned yesterday, with every bounce the support gets weaker, thats why we saw a break in support on the 4th bounce. SO, coming back down a 5th time, might not be able hold it and it has a higher chance of falling down to next support.
ANYHOW, as the markets seem to be moving up after the big pullback, we might also see XLMBTC continue the push through the 50% to the 38.2% fibs line, which would be entering right now around 35% gains.
I myself will enter it now and have a bigger chunk of around 75% set to sell at 4100 satoshi, then I will watch it closely and see what happens and if it has enough momentum and liquidity to continue the push.
Like and Follow me and you will find this page interesting because I am a TA expert and day trader that does daily updates and new posts about the hottest and most discussed coins.
Cheers, Tomas
More FUD and a new chartMarkets continue to trade downwards. Why? I have no clue. Technically for me it's simple. It's nice time to accumulate.
For you a new chart with another new lower support level at 0,1727. Be patient!
Today
We trade up, side or down? Range between 0,19 and 0,22
RSI will probably go-up
XLMBTC: recovery to 3500-3800 range?
Enjoy
XLM/BTC 4hr...Was That A Front Run? ;-)...Hello fellow traders. Posting this trade as an alarm did hit. Good trading is more about money management and risk control--not being right like every other trader on TV ;-). When I see particular setups I DO NOT hesitate. I know when I am in and when I am out. So for this post, I won't bore you with the technicals. They are there; take my word. This chart should be self-explanatory. But most of my followers are more-so interested in the general direction. And please be advised, I do have private charts as well. This is here for others to learn. So, in the meantime, longmoney is long ;-)
Trade safe everyone.
--longmoney
New uptrend channelI have drafted a new uptrend channel with some new resistance lines. XLMEUR has been recovering nicely and it looks like we have successfully broken the 0,255 resistance over the weekend.
Today
range between 0,26 and 0,27
RSI to remain in the between 55 and 70
XLMBTC to trade around 4000s
resistance levels around 0,28 0,313 and 0,325
but watch out for those whales..
Have a nice day!
XLM/BTC 4 hr Binance...Definitely On The Watchlist ;-)Hello my fellow traders to this long overdue update on XLM.
Whether you approached this trade based on the close double bottom or on the previous resistance offering the support, it has a been trending up and providing some real market movement clarity.
Longterm bull on XLM. It is easily in my top 5 coins. I'd like to point out my rough draft trade example to help other show how I trade. Keep in mind, I never reveal my true targets, not to be deceptive, but they continuously change on the fly. We are playing with house money, and your personal money management techniques are key to how those long, and short, approach these markets.
Please refer to the chart for my info, as it takes less time for to explain this way, rather than using words which many new traders do not understand. Hell, in my former life I invested, but now I trade. So I try to make these as simple as possible for everyone. Myself included. We had some other coins trade real nice, and I hope you have taken some profits. I know I did. We still have some ways to go to confirm the bullish trend with XLM, but I do like nonetheless.
Still waiting to break the 65 from the high of my previous swing to be certain with my proposed count. So if you're not already long, no reason to be now. Let the market show you its secrets. And take them retracements when your TA supports.
Use only for your education and training. Good luck everyone.
longmoney