Stellarlumens
XML/BTC Mother of SqueezeWelcome to this TA on XLM.
We can observe from the daily charts that we are experience a hell of a squeeze on the bollinger bands as the price coils in within a wedge at around 1500sats. We can only await a breakout or breakdown at this point.
However, is it going UP or DOWN?? That's the big question.
The 4hr charts give us a bit more insight into this. It remains clear that price is downtrending (trailing below all three MAs at different timescales). However, as the price consistently retests the longer term MA (200MA in red), we can observe price action making higher lows, indicating stronger support. It remains to be seen if price can break above this overhead resistance.
This is how i would play it:
1 - Watch for volume
2 - Watch for price if it breaks above the three Moving Averages
3 - If volume does follow through, we may likely see a huge upward movement
4 - Plan exits at Fib levels, mid term would be the previous high (just below 1900 sats), about the same level as the anticipated 100MA (in orange)
Happy trading lads!
XLM TESTING BREAKOUT 50D MA moving up - breaking out of down slope
inverted head and shoulder pattern
supply seems to be running out
Xlm triangle still valid Xlm is playing games with everyone. Triangle still valid. I've been in since point A, so wasn't stopped out but you'd want your stop to be under E (recent lows) if you're in heavy otherwise a wide stop is ok and then add to your position on break out (confirmation) of triangle.
thread in comments.
XLM Accumulate before explosionBTC Down but XLM still strong now. what it means ?
XLM is in Accumulation Zone (Green Rectangle) between 1500-1600ish.
Bears still trying to make it down to buy cheaper, but it looks like XLM not want to go more down.
Airdrop is over. Now just consolidating for the next push up.
the next break up to 1900ish will be a strong reversal sign because we will breakout a long Downtrend.
if it goes down it can back to 1500ish but we are already very down, so if you are not a scalper nothing to scare.
And don't forget that Stellar had a very different trend than BTC in 2018-2019.
i will add some graphs to explain more clearly.
Happy Tr4Ding !
XLM - Massive Reversal On The Horizon?The price action of XLM since November has been quite disappointing to many investors. However, the good news is...XLMBTC is in a falling wedge pattern - which is generally bullish. Additionally, the last touch of the wedge's bottom occurred with some really enormous volume. This is enough to convince me that there is a strong possibility of a reversal on this pairing. On top of that, XLM has cleared the important 13 cents area and has tested it as support over the last several days. It could finally be on the verge of breaking out of its downtrend against the U.S. Dollar as well. This simultaneous reversal could produce an extremely fast and powerful move to the upside.
The setup would be as follows:
BUY the breakout of the wedge (currently just a bit above 1700), or enter now with a stop loss at 1530, perhaps.
The first target would actually be 3000 (that's how powerful I think this move could be). If that falls, since so much accumulation already happened in the 3000-5000 area (kind of like Bitcoin's 6-7K), we might just head straight towards 5000.
If XLM cannot break out here, the next touch of the bottom of the wedge would likely occur in the 1000 zone (red X). A move down is possible, but XLM has exhibited some very strong buying power recently - not only on its recent bottom against Bitcoin, but during its bottoming period against the dollar, when it went as low as 7 cents.
This is not financial advice. Just a potential setup I'm seeing. Curious to see if it plays out.
-Victor Cobra
xlm forming inverted head and shoulders on weekly look for the breakout this week. daily is also about to break out of an ascending triangle to start the breakout.
Smartlands And The Liquidity Dump...But Can It Build A Floor?For a long time, Smartlands was the best performer in my crypto portfolio. It even outpaced BNB for a while (which I still don't own). I originally bought SLT when it was worth 2XLM. Now it's worth 24 XLM. At its peak, it was nearly 50XLM. Interestingly enough, that peak coincided with its listing on Bittrex, where it gained a Bitcoin pairing for the first time. Since then, it has suffered from a "liquidity dump," meaning people who bought low (like me) decided to finally take a bunch of profits into Bitcoin. But unlike me, these people were probably bigger holders, and they needed the liquidity of Bittrex to sell their tokens. This is evidenced by the enormous listing dump. Not only did XLM itself tank into oblivion, but SLT dropped on the XLM ratio, causing a double-whammy of pain for investors. However, looking at its USD value, it has maintained above $2-3 for quite a while. Its All-time-high is around $7, which isn't even that substantial of an increase from current prices.
Now we will see if these long capitulation wicks on SLT are the signal for the start of an uptrend....or if it will continue to drop. Investor sentiment has waned a little bit, but Smartlands continues to be one of the best performing cryptocurrencies since the 2018 bubble peak. For the first time in a while, I actually added a small amount to my position yesterday by moving some from one of my other coins (it's still the smallest portion of my portfolio). I think it has room to fall on the XLM ratio, but I want to see if it can maintain the current floor both in USD and Bitcoin value. This is a totally speculative chart, as there isn't really any TA to go on. That's why I left a bunch of room to the right.
This is not financial advice. I'm just posting this here for future reference and personal use. Eventually, there will be some price history. I'm only making this a "Long" strategy because my position is long term. I may chose to reduce it if progress starts to slow down for Smartlands.
-Victor Cobra
XLM ready to POP! XLM broke above resistance and has come back down to retest it as support
If we can hold this level, possible targets are outlined in the chart
Ripple looks ready to run as well and they have both been correlated in the past so something else to keep an eye on
XLM Could Be About To ExplodeWill it be to the upside...or downside? XLM has gotten back above the long term support today (in purple), but it's also pinching RIGHT below the downtrend channel resistance. XLM has continuously been one of the worst performing coins during the second half of the bear market. During the first half, it did relatively well. After reaching a bottom at 7 cents (confirmed by volume), it bounced all the way up towards 16 cents, only to be sold back below support. Since then. it has actually managed to get back above the support line. This is the second time it has done that recently. The first time it got back above support (May 15th), it went straight to 16 cents. This shows some strength, in my opinion.
At first, it seems bearish that Stellar hasn't had a sustained break out from its downtrend channel...but XLM has also bounced significantly more than some other alts since its recent bottom against Bitcoin, during which it reached an older long term support level. The bearish channel bottom is in the 5 cents zone. However, I need to ask myself...would more money be made on a rally to $1 and above? Or down to $0.05? While everyone is watching the new hyped coins (Matic, etc.), this may be an opportunity to take advantage of people who have fallen asleep on some of the established alts.
Looking at the graph zoomed in, we can see that this is the first time XLM has been pinched by these two long term resistance lines. It's time to make a decision. The first step would be for XLM to close this current daily candle green. After that, we could have a stab at the 18 cents resistance zone:
A potential trade setup would be to BUY the breakout above $0.135 to target $0.18, $0.25, $0.30, and then $0.90-$1.00. One could also buy if today's candle closes green above the support line. This is not financial advice. Since these two major trendlines are converging RIGHT NOW, I want to see if it causes a reaction, for curiosity's sake. Hence, this is only for educational and speculative purposes.
-Victor Cobra
XLMUSD Long-term UpdateHi everyone! Before we get started, take a second to hit the like and follow button to get updates on XLM in the incoming weeks and months.
XLM is within a narrow orange falling wedge since May 2018. As we are reaching slowly its end, I see a higher probability for a double bottom at 0.0750-0.0677 where I recommend buying while keeping tight stoploss and waiting for the second rally to the top range at 0.136-0.165 by July/August 2019. Around that time the entire Crypto Market should have confirmed the trend change to bull. XLM would follow the green path gradually through 2020.
The worst possible scenario should Bitcoin drop back to $3,620-3,400 support would be the path I represented in red through an IH&S with a final bottom near the 0.0405-0.0358 support.
Note: I recommend buying XLM for the long-term near the designated low support levels. Best is to keep that stash untouched in a hardware wallet for the 2020-2022 Megabull
Buy/Support:
0.0280-0.0120 - Previous bottom in 2018 / unlikely to be reached unless Bitcoin revisits $3,620-3,400 support
0.0405-0.0358 - Optimal buy area for capitulation within falling wedge/ also head of the red IH&S bull reversal
0.0750-0.0677 - Buy area for green scenario / double bottom - keep tight stoploss as directed
Sell/Resistances:
0.109-0.119
0.133-0.140 - Top resistance of the red IH&S
0.160-0.164
0.196-0.210 - 61.8% previous Fib turned into resistance
0.240-0.260 - Potential final top / good take profit area
Dynamic Stoploss: 0.0635, exit on a bounce as we may see XLM sell down lower within the orange falling wedge towards 0.0405-0.0358 or even lower depending on Bitcoin and Ethereum
XLMUSDT: Buy buy buyPossibly had a Black Swan, i.e., extended wave 1 and truncated 5th. Since the primary wave 3 length is not at least 1.618 * primary wave 1 length then we expect for primary wave 5 length to be 1-to-1.618 the length from start of wave 1 through the end of wave 3, which equates to the 2-3 range of the white fib levels.
XLM - TRIANGLE SETUPStellar is in sideways trend at the moment. This is typical for 4th wave of consolidating in the triangle, but according to my count we are most probably still in the 3th wave of the bigger degree.
After we break the triangle, our projection would be up to the target shown at chart.
On the way up there is the higher peak which is our resistance. If we want to reach the target this resistance have to be break.
Stellar Continuation Pennant Takes Us Here!!!BINANCE:XLMBTC on the 6HR, we have a short term pennant forming. The pattern and level is shown clearly, continuation flags and pennants have targets the length of the flagpole.
XLM Bullish Flagdon't miss this Flag to 2000 Sats.
All in Graph.
Stop Loss under 1690 Sats.
all in Graph.
Happy Tr4Ding !
XLM Stellar Lumens are you ready ?This is very long term prediction for XLM, i used Bittrex and not Binance simply because Binance is too young exchange to make this kind of trends.
i did for a friend always asking me why i don't do long predictions ??? :P
it's always difficult to predict the future but Fibonacci never lie right ??
So in graph u can see that XLM bottomed and will make a Hammer at the end of this month.
it's simply a reversal sign.
i didnt show indicators to keep graph clean but i can tell you that we are very low.
RSI is at 45, same level as 2017 Pre-rally.
StochRSI is Flat and down, can turn up at any moment.
MACD made 6 Down Columns, and this one should be be the last one.
XLM stayed strong in this bear market so now the time will come soon to show some power back.
First Target 7600 Satoshi.
Second Target 18000 Satoshi.
it's just the beginning of crypto world and future is bright !
Don't forget that this is analyse is not a recommendation to buy.
Happy Tr4Ding !
Stellar ThoughtsXLM update:
Managed to find support at our area of interest and bounced. I think R1 will get tested and will pose as a significant resistance here for Stellar.
XLM Fast Scalp M15XLM is bullish so if u have time it can be easy to make some scalps on 15M Timeframe.
Scalping can be easy and fast gains but can be a nighmare if u don't set ur own rules.
When u trade a bullish coin you have more chance to win because u follow his bullish movements.
in this case method is simple as you can see in the graph.
Buy Around 1750-1760ish
Sell Before 1980-19990ish (usually peoples sell at round numbers like 2000...)
Stop Loss under 1600ish ( EMA200 support )
and like i always say follow BTC Trend while u are scalping. if BTC down usualy Alts follow BTC.
u can see on the graph the drop to 1700sats was caused by a small BTC dip.
Stay Safe.
Happy Tr4Ding !
