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Stellarlumens

XLM/BTC - Trading bearish divergence and shooting starHello everyone, Hope you made some money on XLM's flight to glory during a time when the whole market is bleeding. Looking at the daily chart, we can see a bearish divergence between price making HH and RSI making a LH. Couple with that, we see a typical shooting star that has yet to be fully formed during the remaining hours for the candle. I will be taking a risk here by going short on XLM and placing a stop loss above the shooting star's top. Take profit around the support zone or the red uptrend line and see if we bounce from there or go further down depending on market conditions. Thanks!
Short
by badbeatnuts
1
XLMUSD - 1D Chart AnalysisAfter the Bullish trend which started on the 2nd of November, it seems that we have a crossroads again, as long as we are about to register the 3rd consecutive day of decreasing and the price is now "testing" the 20 days Moving Average which has the same value as the Support Level 1 of 0.2435$ For the ones who will consider a higher level of risk, the basic reading of the RSI and the Stochastic (which are returning from their "overbought' positions") together with the trading volumes which are decreasing, can be enough for opening a Sell position looking for jumping the gun. At this stage the risk comes from the possible "bounce back" of the price from the support level of 0.2435$ and it's "survival" between the 20 days Moving Average and the upper standard deviation of the Bollinger Bands, scenario in which the Sell position mentioned before will represent a loss. But for the ones who prefer to wait for the downtrend to be confirmed, they can open the "Sell" position once (if) the price will go through the support level and also if the MACD's crossover will indicate the same direction. For now, it seems we have only 2 possible scenarios : * If the price will continue the decrease, we can consider 0.2230$ as a possible next "Stop". * If the price will not break the support level, there are big chances to assist to the bullish trend continuation, situation in which we can consider 0.2770 as a target price in the following future.
KRAKEN:XLMUSD
by ReadBTC
1
XLMUSD: Ascending Triangle on 1D.XLMUSD has been one of the strongest performers of the past 2 months. Proof of that are the Higher Lows printed on 1D since Sept 11, that have created an Ascending Triangle (RSI = 55.984, MACD = 0.007, Highs/Lows = 0.000) with 0.3053 as its Resistance. If the price rebounds on a new Higher Low near 0.2325, then it will most likely test the 0.3053 Resistance. Otherwise it may test the 0.18020 Low again. Note that this is a medium/ short term pattern. In order for XLM to restore a longer term buying sentiment, the 0.3523 Lower High on 1W needs to break. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
BITFINEX:XLMUSDLong
by InvestingScope
1
Stellar XLM inverse H&S, Part 4 TriangleSo we overreached the first target slightly and since dropped just as fast again, but we are still above a support level. No we do NOT want to see that green support get broken because that could trigger more selling pressure. If some were wise enough to take some profit at the yellow circle and still believe in the bullish version, this would be the spot to add again. Make sure you have your game plan ready (stops and targets). I am waiting though with adding because Bitcoin' is still in a very dangerous spot at the moment. Above 6350ish would be much safer level. Whatever happens, we have to stay above the red zone, that is a key level. So there are two stop levels to use now, the green box or the first entry zone at the red box. Read my previous analysis to understand the whole game plan better. Always keep track of my Bitcoin' analysis because i update there much more about the market conditions. Sometimes giving warning signals or bullish signals. Please don't forget to like if you appreciate this :) Previous analysis:
KRAKEN:XLMUSD
by botje11
4
Factors affecting Stellar (XLM/USD) priceThe news There are many interesting news surrounding the Stellar, that in combination, should affect the price. It is just the matter of interpretation, and understanding the market reaction to all that is happening. Let's get into it and see what is really going on. 1. Recently, Coinbase has accounted the listing of several coins. Which are ADA, BAT, ZEC, 0X and Stellar. 2. Stellar Development Foundation is getting ready for the biggest airdrop in the history of cryptocurrency. The amount to be released for the airdrop is simply huge to say the least, in total $125 will be given away. It emphasizes marketing intentions of Stellar, which are likely to show positive result by the end of this or beginning of next year. 3. On the 28 September 2018, Stellar has launched the zero-fee cryptocurrency exchange StellarX, which was announced by StellarX co-founder Christian in his Medium post. We talked about these news here: () Market reaction Analyzing above mentioned news, they all are very positive in nature, although market takes time to digest and really understand as to what is happening behind the scenes. Nonetheless, Stellar already showing a steady rise since the beginning of the month. Market reaction is clearly positive, but the question is whether this tendency will continue? Resistance holding Technically, price has been trading within the triangle pattern. Although, in November, XLM/USD has increased by 33%, it failed to break above the $0.29 resistance. It's the level that many investors are watching right now as it could be the trigger for the upside breakout. Why this level is so important? - Not only this is where downtrend trendline has been rejected, less than a month ago, Stellar already bounced off the very same level (38.2% Fibonacci). And finally, the RSI is in overbought condition, trading within the triangle pattern and rejecting the downtrend trendline. Ongoing consolidation All-in-all, there is not enough bull strength at the moment to break higher, and XSM remains in a consolidation phase. While the resistance is holding, range trading between $0.29 resistance and $0.22 support will continue. Breakout probability However, considering all the positive news around Stellar lately, the probability of the upside breakout remains higher. The $0.3 psychological resistance could be the number to watch this month. Break above could invite buyers and/or trigger the buy limit orders, thus pumping the price as high as $0.4 - next key physiological resistance. Downside risk remains On a downside, range trading is still ongoing. As long as resistance is holding, it is reasonable to expect price drop, either to the 200 Moving Average or down to the $0.24 or even $0.2 psychological support (88.6% Fibs). Important levels to watch Support: $0.238, $0.227, $0.207, $0.194, $0.174 Resistance: $0.289, $0.318, $0.353, $0.400
BITTREX:XLMUSD
by CryptalDash
1
XLMBTC Stellar Lumens point of Re-EntryLast post about XLMBTC: Disclaimer: Sold half at 4193, another half at 4336 Now it becomes quite clear that it enters into another downward cycle after the boost (MACD DIFF downtrend, %K %D reversal, RSI falls after peak) (Of course it could go up again but seems less likely) And we will have to find the next re-entry point, as XLMBTC is still bullish to me: 1. 9EMA holding above and supported by 50EMA for quite awhile 2. RSI / MADD / KDJ still no bearish divergence shown To predict the next re-entry point, we try to intersect: 1. The trendline (troughs) 2. The 50EMA Where we get somewhere between 0.000037 and 0.000038. Please like and follow if you find this useful!
by cheungngo
Stellar. Rocket PUMPGreetings from Benice team! Stellar coin has recently attracted much attention. It is very interesting that they have announced the possibility of adding it to Coinbase pro and of distributing coins for free on the blockchain wallet at the same time. Anyway, they are whetting our appetite. The news about the free distribution of coins has even appeared on RBC channel! Having in mind that the price is on the border of the wedge at the moment, its breakout can forward the price to the level of 0.2943; 0.3212; 0.3423 and finally 0.4431. Recommendation: Long position from the current level (0.256647). If you find this review useful, leave a like! Subscribe to updates of the idea! Thanks a lot for your attention!
KRAKEN:XLMUSDLong
by benice_trader
1
Stellar XLM inverse H&S, Part 3 TriangleXLM' has been on of the strongest Altcoins of 2018, it's maybe the only that never got below the April low, not even Bitcoin' was able to do this. The past few days have been a confirmation of this (hidden) strength. Why? Just look at the movement of the past few days, the whole market broke the bullish patterns and dropped while XLM' simply made a big bull flag while the rest has been dropping. This shows there is a lot of interest in this alt coin and i assume there is a lot of smart money in this one. Volume picture is good as well, not great but good. So only Bitcoin' could throw this idea in the toilet. Short term, we should ideally stay above that green support zone from now on. Whatever happens, we should not break that neckline anymore of that ugly inverse H&S, the former red resistance zone. That still gives us a target in that green circle. The yellow circle is the target of that triangle, assuming it is not a bull flag. So that could mean a turn around level if volume on XLM' drops AND Bitcoin' starts to drop. The red resistance zone on the left is the level to break for the mid/long term. We have moved the stops towards the entry zone around the neckline, so we still have a free trade on this one. Planning to expand this if Bitcoin' starts breaks real levels like 6800/7000. Please don't forget to like if you appreciate this: Previous analysis: If you want to be more up to date, read the previous ones as well.
KRAKEN:XLMUSDLong
by botje11
3
Follow up on the XLMBTC price, and strategies of hodling and selYesterday after this post: The price of XLM increases abit From 0.00004071 (at the time of the post), to 0.00004231 (now) Reasons to hodl?: 1. Stochastic still K>>D 2. Bullish divergence at all indicators as shown (RSI, stochastic, MACD) When to sell? (when it does not reach last highest price): 1. Not being able to get through the last highest price (around 0.000045) and goes back 2. And then from the RSI / Stochastic / MACD it shows bearish divergence 3. And the stochastic indicator reversed (i.e. K<D) And if it breaks 0.000045 we will have to analyse again.
Long
by cheungngo
XLM price prediction for the rest of 2018The 6 hour timeframe of Stellar Lumens is shown in this analysis using a log scale. Price action ever since January 26 this year has remained in a side trend that is best described as a symmetrical triangle chart pattern. Eventual breakout of the ~10 months chart pattern could see the price of Stellar Lumens collapse on a confirmed downside breakout or move up significantly on a confirmed bullish breakout. In either case, the width of the triangle is key in estimating a minimum projection for the price of Stellar Lumen upon breakout.
by Coin_Analyst
4
XLM Machine Learning 'Buy' Signal Bolstered by $125mm Airdrop Stellar Lumens ( KRAKEN:XLMUSD ) has seen strong gains so far in November, generating month-to-date returns of 21.8%. Although the general cryptocurrency market has performed well in November, XLM’s success can be primarily contributed to Blockchain.com’s announcement that it will airdrop USD$125 million worth of XLM into Blockchain wallet holders’ accounts who sign up for the airdrop. While the amount to be airdropped in each wallet has not been confirmed, Blockchain.com is promoting the airdrop as the largest consumer giveaway ever and the largest cryptocurrency airdrop ever. Blockchain.com selected Stellar to conduct this large-scale airdrop because it is “built for scalability” and has “an active and growing ecosystem”. The airdrop of roughly 500 million XLM, which represents ~2.64% of the coin’s total supply, could further contribute to Stellar’s already active and growing ecosystem -- in a decentralized application (DApp) platform like Stellar, active users are critical to driving value in the ecosystem’s underlying coin. Blockchain.com wallet holders that receive XLM in the upcoming airdrop are required to sign up for the event, meaning these individuals are likely users that have an interest in Stellar -- there is a strong probability that some of these users will begin using Stellar on a regular basis as a result of their newly received XLM. There is a risk, however, that users to receive XLM in the airdrop will immediately sell the tokens in order to realize profits. If a significant number of users in the airdrop sell their tokens upon receiving them, downward pressure will be put on the value of XLM. On a technical basis, XLM looks fairly solid. XLM has continued to set higher-lows since falling to USD$0.18200/token on September 11th, 2018. XLM is also beginning to see consolidation in its moving averages, indicating that a large price move may soon come. Quantamize’s AI Machine Learning 3-Day Crypto Signal for XLM is “Buy” and maintains an accuracy score 67.35%. How are you playing XLM as we move through the end of 2018? Comment below and let us know what you think!
KRAKEN:XLMUSDLong
by Quantamize