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Stellarlumens

XLM/BTC Weekly OutlookHey Buds, today I'm taking a look at the weekly chart for BINANCE:XLMBTC . Been watching this chart for a while now and with today's price action the long term support box in blue has seemly been violated. If we get a weekly close below this box I expect a further drop in the XLM/BTC pair. This support box has been respected since the first week of April since last year which one would expect will act has a decently strong resistance if we drop by a hefty amount. If you're interested in this project and want to get in my opinion I'd wait for a better entry. Cheers, Chloster
Short
by Chloster
XLM/BTC Low Risk/High Reward RatioXLMBTC currently in a falling wedge. These past few weeks BTC lost quite a few percentage points in regards to its dominance with alts. XLM has not broken out this falling wedge and it's currently sitting on a big support, where in the past, in at least 4 occasion has bounced from and broken out of a falling wedge. Moreover, RSI is showing a slight bullish divergence. Target would be around 0.00003600 satoshis. It could fail if the whole market as a whole dumps. I will keep an eye on BTC, if BTC appears to be breaking up, I will invest in XLM.
Long
by UnknownUnicorn3272583
7
XLM oversold in dip territory ! A best buy ? Let's seeHi guys, XLM never really pump recently, a massive accumulation phase is currently happening on this coin. We are actualy on 0.09$ levels, with a really strong support and fibbo 1.618 at 0.06$ level. The RSI is oversold in every timeframes. Risk ratio reward -30% for 100-200% gains. Maybe the good time for a little entry ? By the way, we continue to follow BTC moves, hope 3500$ will handle. Disclaimer : This is not an advertisement of investment, just technical analyse.
BITTREX:XLMUSDLong
by Crypto-Matrix
3
Bears in control of $XLM$XLM update Price did, in fact, fail to hold key support level of 3k sats. About to close a 7th straight red daily, with today's candle gaining downside momentum. Its oversold on all timeframes, as you can see on both the RSI and Stoch RSI. So, I wouldn't be surprised to see a relief bounce around the March 2017 swing low at ~2550 sats, which is the yellow dotted line on the chart. I'm not interested in playing it until price finds footing, but if I were looking to get long I'd want to see sellers loosing momentum and buyers stepping in near that swing low area. Measured move of the failed descending triangle does land around 2250 sats. -Bueller Twitter @BuellerFund
Short
by bueller1
1
Is XLM about to tank? ...or are we on the verge of a rebound? Since my last XLMBTC analysis, we broke down and have reached for my bearish targets. Currently, XLM is looking very weak. It looks like it's on the verge of a total wipeout. Below here, we do have some support in the 2500-2600 area, and then bigger support at 2000. However, we appear to be in a bit of a falling wedge, which is a bullish pattern. All throughout 2018, XLM did very well compared to a lot of other alts, but has only recently caught up in terms of lost value. This tells me that the year long pennant was probably distribution. This makes sense, since XLM is one of the coins that saw the biggest gains in 2017. Even though this looks like it's going to break down, we could have a risky long setup here. It's very possible that the coin has simply been under price suppression and will explode upwards rather quickly. Daily RSI has been in oversold for a while and it hasn't bounced at all since the big breakdown, unlike other coins. XRP has behaved similarly, but has yet to make a new low in both USD and Bitcoin value. A while ago, I speculated that if any coins were going to challenge Bitcoin's market cap, it would be XRP and XLM. Recent price action has told me that the XRP and XLM bulls have vacated the scene....but is that really the case? Maybe they're just waiting. We've reached my initial bearish target of around $0.10. Maybe others have been eyeing this level. Who knows? The market looks pretty horrible at the moment, but sometimes when things look the ugliest, they turn around. Often the time you feel like giving up is the time to keep on pushing. RISKY LONG: Buy here or between 2500 and 2600. Stop loss below 2500, although I don't usually use stop losses in this market if you're day trading, since stop hunts are very frequent. If we go below 2000, this coin will take a long time to recover. TARGETS: 3200 3500 3700 4000 5000+ POSSIBLE SHORT SETUP: Below 2500 or 2000. I guess here would be a risky short, since we're already close to a major support. Although the best short setup was really the breakdown of 3500. A lot more obvious. This is not financial advice or a recommendation to buy or sell. I'm not a professional. I'm just a hobby analyst. Good luck! -Victor Cobra Previous XLM analysis:
by VictorCobra
2
$XLM is on the Buy ZoneIn terms of btc pair, XLM is really juicy at the current. Not only the chart looks so and for the couple of months it gave us a quite clearer projection about the future, that this coin probably repeat the same pattern. I believe this project will holding a big part in our blockchain environment. XLM founders are the best one in the game. You can see the progress on their social media pages. I see a lot of massive movement even though market has been tough for us. Preferably, if you buying this right now, it's good, but on the other hand, we need to consider the movement of Bitcoin price. So, if you buy with fiat, it should influence your decision. XLM might just touch 2200 sats. So hold up your fiat, not to go all in. Average buying is still okay from time to time. ************************************************************************************************************************************************** If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot! TIPS: PATIENCE & PERSISTENCE ARE KEY TO SUCCESS RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. I will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit. -------------------------------------------------------------------------------------------------------------------------------------------------- www.tradingview.com Rules: #1 Always obey tradingview.com house rules #2 Always read the description #3 Don't spam on the comment section #4 If you wanted to request my opinions about a coin/token just give 10 likes on my published charts and I will do it the day or two after #5 My opinions are not financial advice, follow it at your own will and your own risk #6 Together, let's build a better community on this platform
by blockchaindedi
Stellar Lumens SHORTvemos a stellar en tendencia bajista formando un triangulo descendente, en las dos directricez, bajista marco dos juntas , ya que no es solo una simple directriz si no , que es una area gruesa y por lo cual recurro a utilizar dos directrizes en vez de una , para poder demarcar , mejor el area de trabajo , esperemos buscar una buena venta en la parte superior de ese triangulo en la directriz o en las rupturas de los soportes inferiores , por ahora no veo compras!
Short
by ClementeRodriguezThalassinos