Stellarlumens
XLMUSD formed bullish Crab | A buying opportunityPriceline of XLM / US Dollar cryptocurrency has formed a bullish Crab pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.056838 to 0.055971
Sell between: 0.057510 to 0.059134
Regards,
Atif Akbar (moon333)
XLMUSD formed bullish Gartley | Upto 23% expectedPriceline of XLM / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.07214152 to 0.06784270
Sell between: 0.07552560 to 0.08360964
Regards,
Atif Akbar (moon333)
Stellar Lumens Goes For 666%+ Long-Term Potential ProfitsStellar Lumens (XLMBTC) is looking bullish and getting ready to move big-time long-term.
XLMBTC hit a new all-time low (ATL) recently and is now starting to move above EMA10. It has been 8 months since this pair moved above EMA10, which means that its bullish potential is now active.
We can see trading volume coming in for the bulls that is above-average and increasing.
The MACD also hit a new ATL and is curving up.
The histogram is now green and trending up as well.
The RSI hit a new ATL and is now starting to gain momentum to the upside.
We can easily see XLM grow over 100% in the weeks ahead.
Do you think this is possible?
Share your thoughts in the comments section below.
Thanks a lot for reading.
Namaste.
The BAT Always Pushed The Stellar To Achieve Highest Price EverThe XLM token started with the opening price of $0.002251 in Jan 2017 as per Kraken exchange and reached at $0.06700 within 4 months on May 2017 that was more than 2,876% huge bullish move which brought the Stellar in lime light and in a very short period of time the token came among the top cryptocurrenices list.
The market cap was increased from 17,173,226 to 585,609,334 which was more than 3310% difference.
Then after May 2017 to July 2017 the XLM faced strong bearish trend and the price action dropped from $0.067 to $0.0122 and that was a really huge loss of more than 81%.
For more than 3 months this bearish trend was continued and on week chart every candle stick was being closed lower than the previous candle stick and the people were expecting more worst situation for future.
Upto July 2017 the Stellar was not as that much older that the traders would get signals from different indicators on week chart even the first exponential moving average with time period of 20 was appeared in May 2017.
The Nature's Role:
But in the meanwhile the nature was playing its role and the supply and demand of traders formed a harmonic pattern that was a bullish BAT harmonic pattern. After initial leg which was from Mar 2017 to May 2017 the B leg was retraced upto 0.50 Fibonacci and B to C leg projected between 0.382 to 0.886 Fibonacci and this was the projection of A to B leg as exactly required for BAT. Then the last C to D leg retraced between 0.786 to 0.886 and this was the potential reversal zone as per bullish BAT, then from July to Aug 2017 the consolidation period started and the price action moved sideways. Then in all of a sudden the exponential moving average 10 which was likely to cross down the EMA 20 to form a death cross, moved aggressively up and in very next week the price action hit the 51 cents which is the all time high sofar by Lumens.
This time the Stellar is making almost similar move and this move is more broader than the previous move of 2017, and we also have more indicators and moving averages available to measure the priceline moves.
After Feb 2018 we had a strong bear move which leaded more than 69% loss then in the month of April 2018 the bulls took the charge again and brought the XLM price upto $0.46200 and recovered more than 59% loss but this move was not for making another high therefore after hitting the $0.46200 the bears took the charge again and leaded the price action upto $0.052 in Sep 2019 which was more than 89% loss from the highest ever price of $0.5100.
1st sign of breakout:
Since Feb 2018 the price action was moving within a pennant and after a year on Feb 2018 the priceline hit the second time on pennant support and this hit produced a bounce which leaded the price to hit the resistance of pennant and broke out on May 2019, during this the exponential moving average 10 was likely to cross up the EMA 20 but could not make this golden cross then a price correction period started which leaded the price again down upto $0.0542, this time the RSI went in oversold zone and now the EMA 10 is again moving up to make another attempt to form a golden cross with EMA 20 if this golden cross will be successfully formed then it can again lead the price action for all time high as it took place in Aug 2017. We have the MACD strong bullish.
Stochastic upto month chart has given bull cross.
The Nature Is Again Playing Its Role:
Again the buying and selling trend from the humans has given the price action some certain directions and the Stellar has formed again a very big natural bullish BAT pattern on month chart.
After initial leg the A to B leg is almost retraced upto 0.50 Fibonacci and B to C leg is moved the projection area of A to B leg between 0.382 to 0.886 Fibonacci and now again the last leg is retraced between 0.786 upto 0.886 Fibonacci And this time the Stellar price is again entered in potential reversal zone of BAT like it was in July 2017 and now we can expect another very strong bullish divergence which can lead the price action to achieve higher than the previous high 51 cents.
Even though this move can lead to the highest ever price in the history of XLM but realistically we can sell between 0.382 ot 0.786 Fibonacci projection of A to D leg, so the targets can be as below:
Buy between: $0.110241 to $0.059381
Sell between: $0.231517 to $0.413568
Regards,
Atif Akbar (moon333)
XLMUSD forming bullish BAT | Upto 22% expectedThe priceline of XLM / US Dollar cryptocurrency is forming last leg of bullish BAT pattern and soon it will be entered in potential reversal zone insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.072350 to 0.070104
Sell between: 0.077704 to 0.085743
Regards,
Atif Akbar (moon333)
XLMUSDT: Not a long song played...The Stellar Development Foundation burned 50% of tokens from its own reserve. Is such “burning” permissible or is it just a miserable pump? This is nothing more than a miserable pump, which cost few billions, but failed to impress. So sad... It's time to punish these crooks.
This is not an investment advice. Think for yourself.
Stellar Lumens Retrace Over? | +45% Coming Next!Stellar Lumens (XLMBTC) took with a massive breakout after mid-September.
Ever since this breakout, a strong retrace followed that resulted in multiple higher lows.
Today XLMBTC is moving back above EMA10 and EMA50 on increasing trade volume after its price retraced all the way back to 0.786 Fib.
These are strong bullish signals and can indicate that XLMBTC is ready to move higher.
You can find additional details (targets, support levels, and stop-loss) on the chart above.
Thanks a lot for reading and for your continued support.
Namaste.
XLMUSD formed Shark | A good buying opportunityPriceline of XLM / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.068239 to 0.067357
Sell between: 0.069275 to 0.071303
Regards,
Atif Akbar (moon333)
Stellar Lumen ($XLM) is fueling up before new run.$XLM finally reached a strong support line from 2016 and since then has been stuck in a range.
According to the chart we are forming inverted H&S with potential entry at 901 sats and two potential TPs:
1. 1011 sats
2. 1252 sats
Do not forget about stop-losses.
It's not a financial advice.
Trade carefully and good luck!
Stellar Lumens XLMHello, Traders!
Monfex is at your service and today we overview XLM/USD log scale.
By breakout the first resistance line, Stellar will begin to target to the second, MA200, zone of resistance.
RSI is also movng to the overbought zone.
XLM will upgrade Q4 Protocol to the end of this year.
The resistance zone ~ $0.875
The local support zone ~ $0.65
Market Cap
$1 381 862 646 USD
Volume (24h)
$391 688 458 USD
Circulating Supply
20 054 779 554 XLM
Share your thoughts, ideas about the market under the chart.
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GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
XLMUSD formed bullish Shark | Upto 15% move expectedPriceline of XLM / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.058006 to 0.055971
Sell between: 0.060180 to 0.064632
Regards,
Atif Akbar (moon333)
XLMUSD LONG - BREAKING EMAsDaily chart. Every indicator is showing bullish while PA is breaking EMAs and the bullish crossover is near. Volume defines S/R areas on red line, more or less where i will take profits.
Indicators:
- MACD signal crossing ZERO line
- RSI breaking 50 and supporting
- ADX on sideways but DI+ dominating.
- STOCH is crossing bullish outside the overbought
PA broke 21EMA and is testing 55EMA. Crossover 21-55 is near. I chose the closing price candlestick on the past as the target resistance area. LONG it is!
Just my journey, not an advice!