XLMUSD forming bullish Cypher | A long opportunity aheadThe priceline of XLM / US Dollar cryptocurrency is forming last leg of bullish Cypher 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.
We have strong support of 100 simple moving average within PRZ area.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.060683 to 0.059328
Sell between: 0.061773 to 0.064335
Regards,
Atif Akbar (moon333)
Stellarlumens
Good time to buy XLMXLM has broken up from its downward wedge and looks to aggressively regain ground as Bitcoin's price comes under pressure.
XLM has partnerships with IBM, Deloitte and other national banks in emerging countries.
XLM is a much quicker payment system, much cheaper and much more decentralised than Bitcoin. Furthermore it is open source and therefore is likely to get more and more efficient over time as a result.
XLMUSD formed bullish Gartley | A buying opportunityPriceline of XLM / US Dollar cryptocurrency has formed a bullish Gartley 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: 0.05884816 to 0.05789023
Sell between: 0.05960227 to 0.06141290
Regards,
Atif Akbar (moon333)
Keep an eye on XLM if XRP rallies.XLM/BTC, much like XRP/BTC, is currently trading above its 10 week moving average for the first time in months. With XRP/BTC looking pretty bullish on a weekly basis, XLM is likely to follow any rally higher by XRP as these 2 coins tend to move together. Also, for any crypto traders out there, Binance just launched their US exchange (Binance US.) If you need a link to go sign up, click here--> www.binance.us
MA Guide (All Weekly for this post):
10 MA in Orange.
20 MA in Pink.
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
Stellar Lumens Price Analysis: Bullish Opportunity on the HorizoConclusion for today's Stellar Lumens price analysis:A break above the long term trendline can be used as part of a conservative strategy to go long (i.e. buy) Stellar Lumens.
A log scale of Stellar Lumens price is presented on the 6 hour timeframe with coverage of market action since May 2019.
The long term bearish trendline is plotted on the chart with peak of the price spike on September 18, 2019 used as the second pivot in drawing the trendline. The 200 and 50 moving averages are also drawn to track price for possible trend change(s).
Signs of hesitation for the downtrend as shown on the chart include the formation of a double bottom (ideally bullish) chart pattern between September 6 and September 14, 2019. Confirmation of the pattern occurred on September 17, 2019 when price broke and closed above ~0.00000597.
A retracement to the aforementioned price level i.e. ~0.00000597 can be observed after the price spike, suggesting that Stellar lumens’ price could potentially find support at the price level. A second test would provide additional evidence of bullish momentum picking up and hence change in the trend from bearish to bullish.
The September 24, 2019 bullish crossover (50 moving average above the 200) also does favor a bullish scenario for Stellar Lumens as opposed to the continuation of the long term bearish trend.Confirmation of support at ~0.00000597 (second successful test) provides a great risk/reward ratio for long (buy) positions.
More conservative strategies for initiating long positions however involve waiting for price to close above the long term bearish trendline.Price closing below ~0.00000563 presents a great challenge for the continuation of price action to the upside, therefore invalidating the bullish analysis for Stellar Lumens.
LONG XLM bullish failing wedge breakout ?Price Action(PA) XLM closed above 700 sats resistance level . Closed above EMA 21,50,100,200 Uptrend.
Indicators: RSI above 50 points, MACD bullish crossover above zero line ( bullish sign)
Pattern: Failing wedge bullish breakout.
Bullish Volume respond. Confirm trend.
S/R : Strong support at 600 sats , Resistance at 850 sats .
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Just buy6 cents is coming, the next wave pattern to the peak begins on or after september 19. Price isn't going to get much better. This is speculation of course, come to your own conclusion and make your own decision. Preferred vehicles are speculative and losses may or may not be assumed. Investing in cryptocurrency carries an inherent high degree of risk.
$XLMUSD | Potential Move Down | BearishThis move may have been a set up for strong sells. I'd look at 0.16~~ as a battle ground as well as the highlighted area on chart. If we do indeed get a failure here, I would expect price to hit the defined target of 0.03413112. From there, it will be a great buy opportunity.
Stellar in reversal zoneStellar retraced to nearly 0.236 zone from its last pump
Stock RSI & CCI oversold
Back in previous resistance zone
XLM possible movments It seems that BTC has knocked some fins out of most alts, less so with XLM. But there are still multiple plays on the table.
Version 1 is that we push through the 0.08900 resistance. Version 2 we fall through first support at 0.07770 level and there we bounce back up again. Eventually Fib 0.618 should act as the strongest support here and if that holds, then the next leg up has a strong momentum to push beyond 0.09000.
Stellar XLM - End of the Year Breakout?There has been lots of new developments with Stellar. Lots of exciting releases coming from the team behind Stellar. These all add up to prospects of handsome returns:
MACD has plenty of room to move up.
The RSI is high, so this is one to watch. It may come down a bit before heading back up. This should translate to $0.075, before heading back up IF the RSI is to be followed.
The entire crypto market is starting to shape up into a 2017 style bull run. We see the same trends and moves that we did in 2017. Fundamentals:
RSI and MACD are in a long term bullish movement with plenty of room for a breakout.
Comment: Disclaimer: Cryptocurrency market is notoriously unstable and are easily influenced by external events. This is no guarantee of a breakout. This analysis is based on past events and indicators.
XLMUSD is foming a bullish Crab | Upto 28% expectedPriceline of Stellar Lumens / US Dollar cryptocurrency is forming a bullish Crab and soon it will be entered in potential reversal zone insha Allah.
This PRZ area can be used as stop loss in case of complete candle stick closes below this area.
I have defined the targets using Fibonacci sequence:
Buy between: 0.07061740 to 0.06561316
Sell between: 0.07452345 to 0.08409520
Regards,
Atif Akbar (moon333)
XLMBTC formed bullish Crab pattern | Upto 27% potential tradePriceline of Stellar Lumens / Bitcoin cryptocurrency has formed a bullish Crab and entered in potential reversal zone.
This PRZ area can be used as stop loss in case of complete candle stick closes below this area.
I have defined the targets using Fibonacci sequence:
Buy between: 0.00000717 to 0.00000667
Sell between: 0.00000755 to 0.00000849
Regards,
Atif Akbar (moon333)
XLM end of the bears 2000 sats incomingSo i undervaluated the power of the bears in my last charts as 99% of traders did, i said XLM was near bottom and i was wrong.
Here you can check out my old BTC analysis more accurate because BTC is just older and more easy to predict :
it's very difficult to analyse some kind of new products and new technologies, as crypto alt-shit-coins are very new.
A good trader have to start from multi months and sometimes years to try to read the future in his crystal ball and this is impossible with new coins.
in this older analyse you can see that i made a screenshoot about MACD and told that would be the last month of the bears, and on this one i was right.
As you can check MACD is turning Green and Columns starting to be smaller. no need to look at the rest MACD is the most powerfull indicator in Trading.
So! for now based on Fibo retracement the first target for XLM is 2000 Sats! the rest is only patience! just wait for MACD cross up !
Don't forget all i do is for fun and for free. i don't have any Twitter/Facebook/Website or paid VIP channel. just share my view and trying to be more efficient day after day!
Happy Tr4Ding !
Stellar Lumens Long-term | Weekly Chart Analysis | Over 800%Let's take a look at the Stellar Lumens (XLMBTC) chart long-term, on the weekly time frame...
Let's start with the chart pattern, we can see the classic bullish falling wedge.
XLMBTC is breaking pass the "major trendline" in red. Moving above this level would put XLMBTC above resistance and a new trend can start to take form.
So the market moves in cycles... First, we have a downtrend, the uptrend comes next... How long will it last?
RSI:
The RSI printed the same bullish pattern and hit its lowest point ever, oversold... After a strong bounce, it is showing plenty of room left available for growth (green arrow).
MACD:
The MACD also reached its lowest point ever and is now displaying a bullish cross... Plenty of room available for growth (green arrow).
This is the long-term chart for Stellar Lumens (XLMBTC).
You can see the indicators oversold and sending out strong reversal signals... There are over 800% profits potential to XLM ATH on Binance... Surely, this pair will generate so much more gains/growth in the weeks, months and years to come.
What's your take?
Share your thoughts in the comments section below.
Namaste.
XLMUSDT has formed bullish Shark | A good long opportunityThe priceline has formed a shark pattern and entered in potential reversal zone.
All the pattern is behaving exactly required for shark therefore I have ignored the difference of C leg.
MACD is turned weak bearish from strong bearish soon it will be turned bullish.
RSI is oversload.
Stochastic has given bull cross so I am expecting the price action will hit the sell target soon insha Allah.
The PRZ area can be used as stop loss point in case of a complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.05815 to 0.05715
Sell between: 0.05901 to 0.06099
Regards,
Atif Akbar (moon333)