XLM An inverse Cup & Handle formation at the support of wedgeHey, friends hope you are well and welcome the new update on Stellar.
On long term weekly chart the priceline is still at the support of rising wedge and every bearish candle stick is appearing smaller than previous bearish candle, that is clear indication that the sellers are getting weaker. The 50 simple moving average is also working as strong support below the candle sticks and the support of wedge.
The price action of Stellar has broken down all SMAs with the time period of 25, 50, 100 and 200 and now likely to consolidate with 200 simple moving average. The 50 SMA has formed bear cross with 100 SMA and moving more down to form death cross with 200 SMA.
The priceline of XLM is likely to complete the handle of the Cup & Handle pattern. The resistance of the Cup is at $0.067. During the completion of handle we can expect an upward move but after completion a rally to the down side can be started. The price action of XLM also has price level resistance at $0.115.
On daily chart the price action is moving in down channel. In moon phases indicator new dark moon is appeared above support of channel and new full moon is at the resistance. The volume profile is showing less interest of traders from resistance to support of channel and the point of control of volume profile is also at a big distance from resistance of channel.
Conclusion:
The priceline is having the very strong support of wedge and 50 SMA. The formation of the inverse Cup & Handle is also a bullish signal. But we should use the 50 SMA on the weekly chart as a stop-loss because if this SMA will be broken down then another rally to the downside can be started. Even though there is an expected death cross between 50 and 200 SMAs on daily chart but the support of 50 simple moving average may work as stronger support than this bearish signal of death cross.
STELLARLUMEN
XLMUSD | Indicators are turning bullish at support of WedgeOn long term weekly chart the price action of Stellar is still moving in a rising wedge. Even though the candlesticks have spiked beyond the support of wedge but there the 50 simple moving average has provided strong support. This SMA can be helpful for priceline to save the support.
On daily chart the priceline has broken down 100 and 200 simple moving averages. But after breaking down 200 SMA the indicators are turning bullish. For example the moving average convergence divergence MACD and stochastic indicators are turned strong bullish and momentum is turned weak bearish from strong bearish.
On daily chart the price line of XLM is also moving in down channel. The volume profile of the complete channel is showing very weak interest of the traders at the level where the priceline is moving at the moment. In moon phases indicator the new full moon is also appeared at the high altitude from the resistance of the channel. Therefore the priceline is trying to break out the resistance without touching at the support.
On the daily chart the price action has also entered in the potential reversal zone of bullish butterfly and moving up from here.
Conclusion:
The price action has formed rising wedge on weekly chart, even though this pattern is considered as bearish reversal according to most traders. But due to strong support of SMAs and BAT move on the daily chart we can expect a rally to the upside atleast up the resistance of rising wedge.
Is This Drop A Bear Trap Or Correction For New Rally ???Hey friend, hope you are well and welcome to the new update on Stellar coin. The price action of XLM is moving within an up channel since after the mid of March 2020 and I am following this channel since then. The priceline of Stellar has broken down the support of this channel two times. At this time it can be clearly seen that the price action is out of the channel and has broken down the support before this the priceline of XLM broke down this support in the month of June 2020 but re-entered in channel very soon. I've also placed that directional movement indicator. And it can be observed that the -DI has crossed up the +DI that is the bearish signal. But the ADX of directional movement indicator is down its mean that bears are taking control but they are still weak.
The 100 SMA can be used as support:
Now if we watch the movement of the price action with the combination of this channel and the simple moving averages then it can be noticed that previously in the month of June 2020 when the priceline broke down the support of this channel we had the recent support of 100 simple moving average below the price action. The priceline of Stellar used 100 simple moving average as support and re-entered in the channel again. At this time after breaking down the support we have again the 100 simple moving average as recent support below the priceline, therefore we can expect that the price action will be moved at least up to 100 simple moving average that is at $0.085 at the time of writing.
This re-test can lead to a powerful rally to upside or downside:
Now if we switched to the long-term weeky chart and place the 25, 50 and 100 simple moving averages. Then we can notice that from April to May 2020 the price action broke out the 25 and 50 simple moving averages and in June 2020 the priceline of XLM re-tested the previous simple moving averages with the time period of 25 and 50 as support and started the next rally to the upside. Now the price action has broken out the 100 simple moving average and this time it is retesting the 100 simple moving average as a support like it has done before. Therefore this movement of Stellar is very important. Because if this retesting will be successful then XLM can start the next bullish rally to the upside. But if the price action will be failed to retest the 100 simple moving average as support then we can observe a further down side rally up to the 25 and 50 simple moving averages. These moving averages are almost at $0.06 at the time of writing.
Different support and resistance levels:
Now if we watch the different support and resistance levels on the daily chart. Then it can be clearly seen that the priceline of Stellar has been rejected by the $0.11 resistance. After the rejection the priceline broke down the 10 cents resistance level as will this time it was working as a support. At the moment the price action is at the support of $0.09. Now there are two possibilities one is the priceline may start the formation a new parallel channel between the $0.09 to $0.10. Second If the $0.09 support won’t be retained then the price action of XLM can further move to the downside at the support of $0.065.
This Big Harmonic Move Can Lead The Stellar To Achieve Highest Price Ever:
At the end, I would like to recall a very big BAT pattern that has been formed on the monthly chart by the priceline of Stellar. This is a kind of repetitive move as the price action of XLM formed BAT previously in the year of 2017 on the weekly chart and produced more than 4000% bullish rally. Same as like that move the price action has again formed another bullish BAT. At this time the pattern is bigger than the previous one. Therefore we can expect more powerful bullish rally on the long-term. But realistically as per Fibonacci sequence of bullish BAT the targets can be as below:
Potential reversal or buying zone: 0.110 to 0.059
Fibonacci projection or sell zone: 0.23 to 0.41
Conclusion:
As the price action is retouching the 100 simple moving average on the long-term. It can be e a very positive gesture but on the other side it can be a very critical as well. Because if the price action will successfully retest the 100 SMA then definitely there will be a powerful bullish rally, but if the 100 simple moving average will be broken down then a powerful bearish to the downside can be started. Therefore it is very important to keep an eye on the movement of the price action above this moving average.
XLM STELLAR LUMENS upside potentialWith this huge volume we can expect STELLAR LUMENS XLM to go to the next resistance level.
A small correction, because of the overbought condition is also in play.
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
This Is Why I Was Bullish On XLM | Watch How It Can Hit $5Hi guys and gals hope you are doing good and welcome to the new update on Stellar coin. The price action of Lumens is moving within an up-channel since March 2020 on a daily chart. On the 19th of June, the price action broke down the channel’s support, and while re-testing the previous support of channel as resistance the price action re-entered in the channel and even moved up to the resistance. If we watch the moon phases indicator then the previous dark moon appeared below the support of this channel at a very big distance. Therefore the price line reached up to that level and broke down the support. Now the new full moon has appeared above the resistance of the channel that is a positive signal that the protection can reach up to this level. Now if we take a look at the directional movement indicator then a positive directional indicator (the blue line) is above the negative directional indicator (the orange line) and the ADX (The red line) is up with the powerful value of 43. At this time the ADX is showing the power of bulls because the bullish line of positive directional indicator is above the bearish line of negative direction indicator.
The SMAs formed opened alligator mouth and priceline is trying to breakout the key level resistance:
If we place the simple moving averages with a time period of 25,50, 100, and 200 on the daily chart. Then it can be seen that the smallest time period moving average 25 is above all then we have the 50 then 100 and then 200 simple moving average below are all the SMAs. On the 12th of June, a complete opened alligator mouth by the simple moving averages was formed in the meanwhile the price action was in the correction mode. After correction rally, the price action re-tested the support of 100 simple moving average and started a powerful bullish rally. At this time price action is trying to break out the powerful resistance of 10 cents. That is the key level resistance for the price action of XLM. During the correction rally, we can also see that the 25 simple moving average crossed down the 50 SMA and now it is up again.
Here I would like to take you on the Aave token chart. When back in November 2019 the Lend token had complete formation of open alligator mouth by the simple moving averages on the daily chart. The price action started a correction rally the same as like we have seen on the XLM chart. And used the 100 simple moving average as support and started bullish divergence and after breaking out the key-level resistance of 0.00000268 btc the price action rallied more than 2100%. So we can expect once the Lumens will be able to break out the key level resistance of $0.10. Then it can produce big gains the same as like the Aave token.
A big bullish BAT pattern:
Now at the end of this article, I would like to recall a very big bullish BAT pattern that I have been sharing with you since last year. And that is the price action of XLM has formed a very big bullish BAT move. This is a kind of reparative move like the Stellar formed a BAT pattern back in 2017. When it started the bullish rally for more than 4000% gains. But that BAT pattern was formed on the weekly chart. This time the price action has formed a big BAT on the monthly chart.
So we can expect a more powerful move than the previous one. However, realistically as per Fibonacci sequence of bullish BAT the targets can be as below:
Potential reversal or buying zone: 0.110 to 0.059
Fibonacci projection or sell zone: 0.23 to 0.41
A big bullish Butterfly:
If we watch the Stellar with Bitcoin pair then it has formed a very big bullish Butterfly pattern on the two-week chart.
Click here to visit this old article on tradingview
And the targets as per Fibonacci sequence of Butterfly can be as below:
Potential reversal or buying zone: 0.00001369 to 0.00000380 btc
Fibonacci projection or sell zone: 0.00002141 to 0.00003986 btc
Conclusion:
Stellar has a good history to produce powerful bullish rallies based on the harmonic moves. Therefore we can expect that this time it will repeat the history again. However, the charts I have shared with you are long term. Therefore this move will need some patience.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
☆ XLM / BTC — Stellar Lumen Forecast ☆So the price of the XLM in the possible bottom formation and I called it «Base» on the chart, after base Breakout we notice huge increase in prices.
I’ve noticed few cycles on the price action and showed them on chart, here is the big cycle and 2 minor cycles. I believe price XLM soon will increase after the breakout from Base.
Historically price moving to 1600 and 3800 levels. If this time price will increase to this prices this will be insane profits (up to +350%). But of course do not forget about huge risk behind this potential trade.
Stellar (XLM) - July 4Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
The most important point in the Low section was 0.06260065, which was supported and elevated.
You need to make sure you can get support at 0.06727739.
Since it rose above the 0.06260065 point, it must be supported above the 0.08089452 point for a new wave.
If you form a box section in the 0.06260065~0.08089452 section as a sideways section for a new wave, I think it is a very good flow.
-------------------------------------------------- ----------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
XLMUSD turned bullish from potential reversal zoneHi friends hope you are well and welcome to the new update on XLM. In my previous article I told you that the Stellar is going to start the formation of the right shoulder at this time the price action is moved up and started the formation of expected right shoulder. Now let's have a look that whether this shoulder will be completed or the price action will move upward and this pattern will be invalidated.
Head and Shoulder formation:
If we take a closer look at the daily chart then while forming right shoulder the price action moved up than the level of the left shoulder. However, at this time the price action is below the head level. Therefore unless this head level will be not broken out the Head and Shoulder pattern will be validated
The SMAs:
Now if we watch the different simple moving averages on the daily chart with the time period of 25 50 100 and 200. Then the priceline previously broke down the 25 and 50 simple moving averages. On 27th of June 2020 at the same time the price action tested the 100 and 200 simple moving averages as support and moved up again. At this time the 25 simple moving average has been broken out and the price action is likely to breakout the 50 simple moving average.
Bullish BAT pattern:
In my previous article we have seen that the price action was forming a bullish BAT pattern. Finally priceline of XLM entered in potential reversal zone of this pattern and moved little bit down but again turned bullish and surged more than 50%.
But if we watch at the Karaken exchange then the price action formed a bullish Crab. As the leg was extended between 1.27 up to 1.618 Fibonacci retracement level.
A strong support of an up trendline:
On the same daily chart the price action has found a strong support of an uptrend line. Whenever the price action is moving on this trendline it is taking bounce very well. On the chart we can see that since 27 June the price action was moving sideways on this line and finally on 6th of July the price action of Stellar again turned bullish.
Conclusion:
As the price action of Stellar is breaking out all the moving averages again on the daily chart and also took bullish divergence from the potential reversal zone of harmonic patterns. It is also bounced from the uptrend line as well. Therefore we can expect that Stellar is turning bullish however the Head and Shoulder formation is still there unless the price action will not break out the price level of head of this pattern.
Stellar (XLM) - June 25Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
We need to make sure we can get support from 0.06727739~0.06862984.
At the most important 0.06260065 point in the low section, absolutely support is required.
I think the sideways from 0.06727739 to 0.07239684 are important.
-------------------------------------------------- ---------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: Resistance point or section, where the counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
XLMUSD a possible bullish reversalHi friends hope you are doing well and welcome to the new update on Stellar. As after hitting the resistance of channel the XLM has dropped more than 24%. Therefore in today's article we will try to understand what the price action can do next.
Bearish Shark pattern has done its job:
In my previous article I revelaed that the price action of XLM has formed bearish Shark pattern on weekly chart and it was expected that the price action will be moved down from here. After heating the potential reversal zone of this pattern now finally the price action has dropped and it has been retraced between 0.382 to 0.50 Fibonacci level.
Up channel and synchronization of price action with indicators:
Now if we switch to the daily chart. Then XLM has formed an up channel like every top cryptocurrency including Bitcoin. The movement of the price action within this channel was very much synchronized with stochastic, MACD and Momentum indicators. Whenever the price action reaches at the supported the stochastic gives bull cross and MACD and momentum indicators turn bullish. The price action follows the signals of these indicators and moves up and hits the resistance of the channel. We have witnessed this move in the month of April and then in the month of May 2020. Recently the priceline again moved at the support of this channel and stochastic and MACD both turned bullish together but so far the momentum indicator is strong bearish. Therefore the price action finally has broken down the support of the channel. And after breaking down the channel the stochastic has given bear cross again.
Support and resistance levels:
We can watch the different support and resistance levels on 2 day time period chart. After March 2020 first the price action broke out the $0.045. Ater breaking out Stellar retested the previous resistance as a support and moved towords next resistance of $0.06. And after breaking out the this resistance level the price action again re-tested this resistance as support and moved up to the next resistance level of $0.08. The $0.08 is one of the most strongest resistance level for the price action of XLM. And this time the price action is again not able to break out this resistance level and after being rejected it is moving back towards the previous resistance of $0.06 to re-test it as support.
A bullish reversal harmonic move:
If we switch back to the daily chart then it can be easily seen that after breaking down the channel price action has completed the formation of a bullish BAT pattern. This is a bullish reversal pattern therefore there is a possibility that the price action will take the bullish divergence from the potential reversal zone that is defined as per Fibonacci sequence of harmonic bullish BAT. But this potential reversal zone should be set as a stop loss. Because once this PRZ level will be broken down then the price action can move more down to complete the final leg of bullish Crab pattern.
Conclusion:
Even though all indicators are turning bearish and the channel support also has been broken down but there is a possibility that the price action will be reversed bullish as it has completed a harmonic bullish move.
XLMUSD | An opened alligator mouth is expected for bullish rallyHi friends hope you are well and welcome to the new update on Stellar. Today in this article we will see how the XLM is turning more and more bullish to achieve the highest price ever in its history. But this time the Lumens is also giving some bearish signals on the short-term let's watch the bearish signals first.
Formation of bearish Shark:
On the weekly chart the price action of XLM has completed the formation of bearish Shark pattern. Even though it is difficult to identify that the initial leg is separate or the continuation of the previous movement because the upward movement up to X point Is not as that much long as we can easily declare it as a separate leg. However if we forget the previous movement of the price action and take it from the X point then a complete Shark has been formed. And price action has already visited the potential reversal zone of this Shark. Therefore there is possibility that the priceline will be dropped from here.
Movement in up channel with synchronization with indicators:
On the daily chart the price action of XLM is moving within an up channel. And after hitting the resistance of channel it is likely to drop down again. And the movement within this channel is very much synchronized with the combination of indicators: 1.momentum 2.stochastic 3.directional movement. If we take a closer look at the chart then it can be easily observed whenever the price action reaches at the support of this channel and momentum turns bullish and stochastic also gives bull cross and finally when the positive directional indicator forms a bull cross with the negative directional indicator then the price action turns bullish and reaches up to the resistance of channel. It can be seen in April and also in May 2020. At this time the positive directional indicator is above the negative direction indicator that is the bullish sign. And the ADX is also up that is showing the power of bulls. But now the positive directional indicator is moving down to form bear cross with the negative directional indicator. If this bear cross will be formed then the same ADX will be assigned to the bears and it will be showing the power bearish trend.
Support and resistance levels and moon phases:
After the mid of March 2020 the price action of XLM turned very strong bullish and it broke $0.045 and then $0.06 resistance levels At this time the price action of Lumens has reached at the resistance of $0.08. This resistance level is very strong as on the chart it can be seen that since September 2019 the price action has made several attempts to breakout but so far it is not able to breakout this resistance level. I have also placed the moon phases indicator on this chart. This is very useful indicator to identify the bullish and bearish trends. On the chart we can see there are some full moons and some dark moons. The distance between one moon to another moon is called synodic cycle that is 29.5 days long. The recent dark moon is appeared at the support level of $0.06. That is an indication that it will be difficult for the priceline to break down this support. And the recent full moon it appeared at the resistance level of $0.08. That is showing that the maximum reach of the price action is up to this level. Therefore we need the next dark moon to be appeared above the $0.06 level and the full moon should be appeared more up in order to have break out from $0.08 resistance.
The Stellar is breaking out the falling wedge:
On the weekly chart since January 2019 the price action of Stellar is moving within a falling wedge. I have also placed the volume profile on the complete protection moving within this wedge pattern that is showing the traders interest up to 10 cent. And if we take a closer look at the Bollinger bands then it is moved above the resistance of this wedge pattern. Therefore it was easy for the priceline to cross up the resistance level. Now finally the price action of XLM has crossed up the resistance of the falling wedge. And at this time the new candlestick is opened above this level but the breaking out from this wedge pattern depends where this candlestick will be closed. If it will be completely opened and closed above this level then we will have a successful break out from this pattern. And after breakout if the price action will retest the resistance of this wedge pattern as support then Stellar may drop up to 6 cents before the next rally.
Simple moving averages can form an opened alligator’s mouth:
If we watch the position of the different simple moving averages with the time period of 25, 50, 100 and 200 then we can notice that these SMAs are turning strong bullish. If we take a look back at 2017 chart then it can be observed when the 25 simple moving average crossed up all other simple moving averages and the 200 simple moving average move below on others simple moving averages then a complete opened alligator mouth was formed by these SMAs. That produced more than 4000% strong bullish rally. Same as like that the simple moving averages are forming an opened alligator mouth. At this time the 25 simple moving average is moved above all other simple moving averages then we have 50 SMA but so far the 200 simple moving average is moving above 100 SMA. And these two simple moving averages are moving sideways for the long time. Once the 100 SMA will cross up the 200 SMA then a complete opened alligator mouth will be formed that can produce more powerful bullish divergence.
Repetitive harmonic move:
At the end I would like to recall the repetitive move and that is the formation of bullish BAT pattern on the monthly chart. If you take a look back at 2017 chart then the price action of Stellar formed the same BAT on the weekly chart. And when the Stellar moved up from the potential reversal zone it produced more than 4000% massive gains. This time the BAT is formed on the bigger time period chart. Therefore there is possibility that the priceline will produce more profit than the previous rally. However as per Fibonacci sequence of BAT pattern we can set our buying in sell targets as below:
Buy between: $0.11 to $0.059
Sell between: $0.23 to $0.41
So realistically as per above targets the Lumens can produce up to 600% rally.
Conclusion:
As recently the price action of XLM has reached at the resistance of the channel that is formed on the daily chart and on the weekly chart the new candlestick is just opened above the resistance of the wedge. Therefore there is a possibility that the price action will start a correction rally to retest the resistance of wedge as support of wedge and to hit the support of the channel as well. However after this correction rally a new bullish move is expected.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
Stellar Lumen (XLM) - June 4 (1W)Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
I am a person who does not speak English well. So, it's very likely that you're using the wrong word. Please understand this.
We will try to improve it in the future.
--------------------------------------
You need to make sure you can get support at 0.08089452.
It is also necessary to check if it can rise above 50EMA (approximately 0.0892615) on the 1M chart.
You can see that the 0.08089452 point from your current location has a significant significance.
The next important point is 0.11862195.
------------------------------------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
XLMETH SHORTSELL W BOTTOM IN EFFECTXLM is a wonderful token that aims to serve as sort of "currency conversion wood chipper" where you can shove virtually any currency: beit, USD, EURO, YEN, CAD , or even cryptos (including all ERC20 of the 5500 current coins/tokens listens on the market) which is a lot of cryptocurrencies -- well over 2,000* (*fact check me on that)* though the point is: XLM serves to be the intermediary, bridge, gap to convert other currencies into a singular universal currency which then proceeds to have XLM tokens be the effective future 'stabelcoin' focused solely on transnational data.
Needless to say, XLM will play a QUINTESSENTIAL role in global integration -- particularly when it comes to seeing cryptocurrencies transcend from store of value to everyday transnational use.
Factor in the 600 million unbanked in SouthEast East; this is a recipe for success, if the PR, marketing, usability, scalability, (as well as other cards/variables) are played correctly.
Please defer to my last publication where I included a shortsell signal for ETH at 204.90 (around there, linked below) -- which we proceeded to close later that evening; included in the oped is my detailed reasoning & belief as to why in addition to publishin a LONG next to a forexsignal publication that had nothing but shortsell targets if you took notice to read -- you'd have bothered to pay attention and see that the publication in itself was for LONG (SUPERLONG) I believe I said; whereas the forexsignals in themselves were shorts.
As projected; my analysis was correct ...by the end of the week ETHUSD was looming around $234.40 up a staggering 18.12% from the time of publication...and again; this was a LONG publication.
IN the meantime, it's great to take advantage of certain pairings to "stack sats" and collect more #ETHUSD if you're as bullish as I am on it for the longer duration.
Included is this XLMETH short entry that was just too juicy for me to not share with ya'll ; so I decided to hop on and post a publication.
Due to the volatility of current market consolidation periods; I wouldn't suggest posting any longer than SHORTSELL publications (in good confidence) and be absolute in my / whoever's TA's own certainty -- that would be in bad taste & a falsehood : intentionally misleading.
Hence; I've provided a short signal for XLMETH, which in addition to many others, Cardano esp. is ripe with opportunity for quick ERC20/ETH pickings.
Trade Safely, stay healthy, and R.I.P. George Floyd.
Peace & Love
@a1mtarabichi
(all horizontals, including green TP1-3/blue pivot, and most important: red are in publication)
Disclaimer
Note: This is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP , SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form.
Certain information set forth in this presentation contains “forward-looking information”, including “future oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; ( iii ) the expected development of the Company’s business, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; ( vi ) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; ( vi ) renewal of the Company’s current customer, supplier and other material agreements; and ( vii ) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
XLMUSDT under the law of FibonacciWell i will try to be clear :D and make understand what i think.
i traced a Descending Fibo on XLMUSDT Pairs and compared with falling EMA's 50/100/200
Yellow Circles are fibo Rejections.
Orange Circles are EMAs Rejections.
i checked mostly all indicators but i don't add them to not make confusions.
what can i say on indicators is Weekly Show indicators RSI High, StockRSI high cross down, MACD Bearish.
Monthly is too young to check with USDT pairs but looks good on XLMBTC Pairs. Everything is crossing up.
After that said, i made own deduction but like i always say ' Everything can happen in Cryptos '.
What we can see for now is XLM still under descending depression and not looks ready for a big rocket pump.
le'ts talk about Numbers :
Scenario 1 Short Term
if XLM break 0.08 clearly! we can consider to start to be bullish if and only if XLM break 0.11 to go try break his first big resistance at 0.12 (0.382Fibo),
in this case confident Traders will enter the market and push XLM to 0.17 (0.618Fibo)
Scenario 2 Long Term
XLM will continue to retrace under depression and surely also BTC dominance, it will fall dipper to 0.015 to start again moving up when the altcoin bullrun happening.
Conclusion
For now have to be S4Fu ! You can still play as i do as a marging Trader but you always have to buy your loved crypto at a good price to not be trapped!
There is a rule i always apply to myself and this rule is my absolute number one : THE BEST WAY TO WIN MONEY WITH TRADE IS TO NOT TRADE !
Try to thing about that philosophical rule and u will find the logic in my words and the way to go....
Happy Tr4Ding !!!
Stellar Lumen (XLM) - May 31Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
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0.07239684 point, you need to make sure you can rise above 1W 50EMA.
You should also check if you can rise above the uptrend line (1).
If it falls, it must be supported at 0.06260065, the most important point near Low.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
Stellar Lumen (XLM) - May 25Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
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Points to be absolutely supported: 0.06260065 points
Points to be supported by ascent: 0.06727739 points
I think 0.06260065 is a very important point in the Low area.
If I can get support at the 0.06260065 point, I think it can form a good flow in the future.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Stellar Lumen (XLM) - May 20Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me ("Like" gives me the power to post charts).
By "following" you can always get new information quickly.
Thank you for always supporting.
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It is supported by the uptrend line (1).
We need to make sure we can get support at 0.06727739.
You need to see if you can rise above the 50 EMA of the 0.07239684 point and the 1W chart.
Sideways are heading for the peak.
If you get support at the 0.06260065 point, there is a chance of an additional rise.
------------------------------------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
Stellar Lumen (XLM) - May 14Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
You must be absolutely supportive at 0.06260065.
I think this is an important time when a new wave can be created.
It is also necessary to check whether the 0.08089452 point can be touched as before.
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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
XLM/USDT - accumulation under the level.On a weekly timeframe, accumulation under the level.
Where the price will be canceled to look.
Upward movement will be a continuation of the growing trend.
Going down ... ...you know)
On the day timeframe:
It is worth paying more attention to the accumulation marked with a gray square.
Averages moving under the price, it means a bullish trend. The fall of EMA 186 was held back by the semi-annual price averaging.
The AO indicator shows the strength to go down.
RSI on the verge of trend change above level 50. There will be a trend change on the breakout.
We have to wait to get out of the zone, and then trade.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
Stellar Lumen (XLM) - May 11Good morning?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
Bitcoin Halving has about 21 hours left.
You must be absolutely supportive at 0.06260065.
If it goes down, it should support at 0.05684437 and rise to 0.06260065.
The 0.06260065 point is the most important point in the vicinity of Low.
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Rather than deciding to which point it will rise, I hope now that we can decide where to keep our profits and losses and close the upward trend with good results.
----------------------------------------
See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section