XLMETH SHORTSELL W BOTTOM IN EFFECTXLM is a wonderful token that aims to serve as sort of "currency conversion wood chipper" where you can shove virtually any currency: beit, USD, EURO, YEN, CAD , or even cryptos (including all ERC20 of the 5500 current coins/tokens listens on the market) which is a lot of cryptocurrencies -- well over 2,000* (*fact check me on that)* though the point is: XLM serves to be the intermediary, bridge, gap to convert other currencies into a singular universal currency which then proceeds to have XLM tokens be the effective future 'stabelcoin' focused solely on transnational data.
Needless to say, XLM will play a QUINTESSENTIAL role in global integration -- particularly when it comes to seeing cryptocurrencies transcend from store of value to everyday transnational use.
Factor in the 600 million unbanked in SouthEast East; this is a recipe for success, if the PR, marketing, usability, scalability, (as well as other cards/variables) are played correctly.
Please defer to my last publication where I included a shortsell signal for ETH at 204.90 (around there, linked below) -- which we proceeded to close later that evening; included in the oped is my detailed reasoning & belief as to why in addition to publishin a LONG next to a forexsignal publication that had nothing but shortsell targets if you took notice to read -- you'd have bothered to pay attention and see that the publication in itself was for LONG (SUPERLONG) I believe I said; whereas the forexsignals in themselves were shorts.
As projected; my analysis was correct ...by the end of the week ETHUSD was looming around $234.40 up a staggering 18.12% from the time of publication...and again; this was a LONG publication.
IN the meantime, it's great to take advantage of certain pairings to "stack sats" and collect more #ETHUSD if you're as bullish as I am on it for the longer duration.
Included is this XLMETH short entry that was just too juicy for me to not share with ya'll ; so I decided to hop on and post a publication.
Due to the volatility of current market consolidation periods; I wouldn't suggest posting any longer than SHORTSELL publications (in good confidence) and be absolute in my / whoever's TA's own certainty -- that would be in bad taste & a falsehood : intentionally misleading.
Hence; I've provided a short signal for XLMETH, which in addition to many others, Cardano esp. is ripe with opportunity for quick ERC20/ETH pickings.
Trade Safely, stay healthy, and R.I.P. George Floyd.
Peace & Love
@a1mtarabichi
(all horizontals, including green TP1-3/blue pivot, and most important: red are in publication)
Disclaimer
Note: This is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP , SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form.
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Stellarlumensanalysis
XLMUSDT under the law of FibonacciWell i will try to be clear :D and make understand what i think.
i traced a Descending Fibo on XLMUSDT Pairs and compared with falling EMA's 50/100/200
Yellow Circles are fibo Rejections.
Orange Circles are EMAs Rejections.
i checked mostly all indicators but i don't add them to not make confusions.
what can i say on indicators is Weekly Show indicators RSI High, StockRSI high cross down, MACD Bearish.
Monthly is too young to check with USDT pairs but looks good on XLMBTC Pairs. Everything is crossing up.
After that said, i made own deduction but like i always say ' Everything can happen in Cryptos '.
What we can see for now is XLM still under descending depression and not looks ready for a big rocket pump.
le'ts talk about Numbers :
Scenario 1 Short Term
if XLM break 0.08 clearly! we can consider to start to be bullish if and only if XLM break 0.11 to go try break his first big resistance at 0.12 (0.382Fibo),
in this case confident Traders will enter the market and push XLM to 0.17 (0.618Fibo)
Scenario 2 Long Term
XLM will continue to retrace under depression and surely also BTC dominance, it will fall dipper to 0.015 to start again moving up when the altcoin bullrun happening.
Conclusion
For now have to be S4Fu ! You can still play as i do as a marging Trader but you always have to buy your loved crypto at a good price to not be trapped!
There is a rule i always apply to myself and this rule is my absolute number one : THE BEST WAY TO WIN MONEY WITH TRADE IS TO NOT TRADE !
Try to thing about that philosophical rule and u will find the logic in my words and the way to go....
Happy Tr4Ding !!!
(XLM) Stellar Has Hit The Support | Now Ready For BreakoutMovement in falling wedge:
The priceline of XLM has formed if falling wedge pattern and if we observe the price action of Stellar then it can be clearly seen that the priceline is moving within this wege since December 2018. I have also have placed the volume profile on the complete price action moving within this falling wedge pattern and the volume profile is showing that the trader’s interest is really very low below $0.038. And at this time Stellar is moving at the area where the trader’s interest is weak. And the point of control of this volume profile is at $0.058 therefore there are strong chances that the price action will move up from here at least up to point of control of this volume profile. Here we can see that the falling wedge is getting squeezed therefore at this point the priceline can soon take the decision to breakout or breakdown. And there are more chances that the priceline will go for breakout rather than breakdown.
The Momentum and stochastic indicators:
Here I am waiting for two more signals on this weekly chart. One is Momentum indicator, that is still strong bearish and other one is stochastic that is very close to the oversold zone. If the momentum will start turning bullish and the stochastic will give the bull cross then we can expect that the priceline will soon make an attempt for the break out from this falling wedge pattern like it has attempted 13 May 2019 and 10th Feb 2020.
Bullish crab another strong support:
There was another reason that stopped the priceline to breakdown the support of this falling wedge pattern. And that was the formation of bullish Crab pattern on 2 day chart that we have already discussed in my previous articles. And this pattern was formed at the support of the Wedge pattern and the price action just hit the spike in the potential reversal zone of this bullish Crab and moved up. This was very strong reason that also provided very strong support to the priceline and stopped the price action to break down
After breakout from wedge the big bullish BAT can again come in play:
In case of break out from the falling wedge pattern that has been formed on the weekly chart the price action can again re-enter in the potential reversal zone of very big bullish BAT pattern that has been formed on the monthly chart. I have already shared this big bullish BAT pattern move several times if someone has missed then I am sharing the link below:
XLM testing a 2 year downward trend lineShould XLM break the red trend line as drawn ((shown here from June 2018 till date), I expect it to hit 0.094 to 0.098 range and correct itself to 0.07 to 0.074 range before starting its upward journey to 0.14 to 0.16 before the next resistance will come into play.
Am optimistic about this time.. Happy trading.
Stellar breach of falling wedgeBreach of falling wedge may lead to upsides, prices often drop out of falling wedges to the downside, this is a good time to add to your position if faith is kept in the falling wedge.
STRBTC Falling wedgeStellar is in a falling wedge pattern, breach of the bottom of the falling wedge may signal an immediate upside.
Stellar Lumens Potential 200% Play - Daily AnalysisJust like every other altcoin, stellar lumens looks very bullish. It's finally stopped bleeding, and found support at a known monthly level @ 755 sats.
For the last 5 months, price has been in accumulation around that level and is starting to breakout. We can confirm this movement by the 'golden cross' of moving averages, meaning the 200MA (white) crosses the 100MA (red).
Entry at the Monthly Level Support @ 755 sats
(Anything below 755 sats is a GREAT buy)
1st Target SELL @ 1250 sats for a 64% gain
2nd Target SELL @ 1708 sats for a 136% gain
This move may take a few months to play out, but it will. History repeats itself on all of these altcoin charts, let alone bitcoin. It really is the start of altcoin season and I could make a chart on every single altcoin, they ALL look the same..
Anyways, If you want to stay updated on this stellar 200% play as well as other altcoins, feel free to join my telegram groupchat. There's a little over 200 of us in there right now talking all-day about altcoins. If you're already in the Telegram, shout out to you guys you're the best!
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)
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)
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)
XLMUSD extended the leg and formed bullish CRABIn my previous chart I published a BAT pattern but the price action has extended the leg and formed a bullish bulish CRAB pattern therefore I have revised the targets using Fibonacci sequence as below:
Buy between: 0.06011224 to 0.05896802
Sell between: 0.06099956 to 0.06315821
Regards,
Atif Akbar (moon333)
XLMUSD has formed a bullish BAT | Upto 596% possibilityPriceline of XLM / US Dollar has formed a bullish BAT pattern and entered in potential reversal zone and ready to hit the sell targets soon insha Allah.
But the volume profile is still showing the traders interest below the PRZ area even the POC of volume profile is also below the potential reversal zone, therefore I would suggest for secure trade we can wait for stochastic to give bull cross and for the MACD to turn weak bearish from strong bearish atleast upto 2 week chart and also use the potential reversal zone as stop loss (In case the candle stick will be completely closed below the potential reversal zone).
I have used Fibonacci sequence to set the targets:
Buy between: 0.110241 to 0.059381
Sell between: 0.231517 to 0.413568
Enjoy your profits and Regards,
Atif Akbar (moon333)
XLMBTC has formed bullish BAT | Upto 519% gains expectedPriceline of Lumen / Bitcoin cryptocurrency has completed the formation of bullish BAT and entered in potential reversal zone.
Stochastic is oversold.
MACD upto 3 weak chart is turning bullish:
The next candle stick can be closed sideways within the potential reversal zone and soon from this PRZ area it can take bullish divergence soon insha Allah.
I have defined targets using Fibonacci sequence:
Buy between: 0.00001461 to 0.00000837
Sell between: 0.00002951 to 0.00005186
Regards,
Atif Akbar (moon333)
Stellar Lumens (XLM) will see a rise to $0.12-$0.13 XLMUSD is currently in Wave B of a correction wave, which will bring prices to around $0.12-$0.13 USD. Wave C will bring the price down to around $0.03 USD area as a projection, hard to predict right now as Wave B has not completed yet. $0.03 will likely happen in tandem when BTC hit $8,500 on the flag play of Wave E.
XLM after shake outAfter this brutal Shake out, it looks like XLM found out his bottom around 1400ish in corellation with December 2017 rally.
if BTC repump hardly we could see 1150ish but anyway right now it worth a try to re-enter markets.
i didn't show indicators simply because everything is oversold.
Follow closely BTC King for now and stay Safe.
Happy Tr4Ding !
Stellar Lumens Ready For a 10X!!!Welcome back!
Today I wanted to go over stellar lumens because I see massive profit potential coming very soon.
This was a coin I already made lots of money on back in the last cycle and I see the EXACT same set up happening right now.
DONT MISS OUT!
This idea will give you an in depth analysis on XLM and what I see happening in this cycle moving forward.
Based on Market Cycles I have successfully traded this pattern sequence for serious profits.
This sequence has 3 parts that I call, "Blow Off Top, Accumulation Distribution, and Final Sell Off."
Many top alts follow this pattern which is why I expect them to make us serious returns moving forward.
Let's dive right in and show you what I mean!