STR
The new 3-Days session. [XLMBTC]The price has found the 7EMA line support, so this point can be excellent moment to open the long-term position in the range from 3500 to 3700 or between 30EMA and 7EMA. I don't think that we will see anything impressive in this month so there's no need to hurry and buy right now, buy XLM every dip that's a more effective way to buy this great digital asset.
TF: 3-Days;
The MACD is trading above the centerline but with lack of trading volume I expect a small decline in price in the near future.
The RSI > 50, the sign of uptrend.
The EMA lines: 7EMA - Support, 30EMA - Support, 100EMA - Support.
ENTER: 3500-3700
PT: 5k and higher.
GL Traders!
$XLM is Having One of The Most Positive Image in Cryptospher!Stellar Lumens no doubt has showing a tremendous efforts towards it's development and has contributing enough towards crypto environment. Where Jedd McCaleb, one of it's founder is used to work on Ripple and Mt. Gox, right now he the whole Stellar Foundation team really working on it. Decentralized exchange, Stellar Network, Partnership with IBM and many more we've seen that moves. I bet Stellar is not faded and will be one of the best asset to hold and trade in cryptosphere!
Steller, What next?And so, the Stellar trend was the least affected by Bitcoin dominance, and continue the upward trend while other coins were in a free fall. This uptrend is not very fast as we want but there are all chances to reach ATH in the near future.
So what we have at the card?
The MACD: Maybe it can be the Bull Trap, or May be it can be the bullish crossover. In the second case we will see continue rising in the price slowly without spices, if it's the bull trap we'll have a long downtrend ahead.
The RSI > 50, nothing to say more.
The EMA lines. The 7EMA support line is continue its uptrend, then the next support line is 30EMA @3.3k and the 100EMA @2.2k.
Conclusion: Anyway, the trend is definitely bullish, so if the next week shows the signs of weakness we must give serious thought about near future of the XLM price.
ENTER: No Idea.
PT: No Idea.
GL Traders.
There is a possibility for the beginning of an uptrend in STRBTCTechnical analysis:
. STELLAR/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 49.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002990 to 0.00002840). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002990)
Ending of entry zone (0.00002840)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000332
TP2= @ 0.0000348
TP3= @ 0.0000366
TP4= @ 0.0000388
TP5= @ 0.0000426
TP6= @ 0.0000463
TP7= @ 0.0000497
TP8= @ 0.0000585
TP9= Free
There is a possibility for the beginning of an uptrend in STRBTCTechnical analysis:
. STELLAR/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 49.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002990 to 0.00002840). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002990)
Ending of entry zone (0.00002840)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000332
TP2= @ 0.0000348
TP3= @ 0.0000366
TP4= @ 0.0000388
TP5= @ 0.0000426
TP6= @ 0.0000463
TP7= @ 0.0000497
TP8= @ 0.0000585
TP9= Free
Stellar Take Off - Massive Potential Gains Over the BitcoinThroughout its lifetime, Stellar has established a solid uptrend against the Bitcoin, unlike most altcoins, which continue to lose heavily to BTC. It is clear that price producing higher highs and higher lows and the Stellar next bull run could have started.
What is the reason behind such statement? Well, the price has stuck within the triangle as STR/BTC rejected the uptrend as well as the downtrend trendlines. At the same time the new cycle, based on the Fibonacci Time Zone indicator, has just begun.
Considering already established long-term uptrend, the probability that it will continue remains higher than the reversal to the downside. It could be a little premature to say that Stellar consolidation has ended. But the confirmation of that could be the break above the downtrend trendline and then the 127.2% Fibs resistance at 4200 satoshis.
When/if such breakout occurs, the uptrend is very likely to continue, which could result in strong gains against the Bitcoin.
Resistance levels to watch:
4,200 satoshis
7,200 satoshis
10,000 satoshis
13,000 satoshis
16,000 satoshis
All the resistance levels correspond to the Fibonacci retracement levels, where the final upside target is seen at 16,000 sats area, that is x40 potential from the previous low at 360 satoshis.
It is also worth mentioning that Stellar has a clean bounce off the 61.8% Fibonacci retracement level at 2590 satoshis, back in March this year. Price might potentially get back to this area once again prior to moving higher, but all-in-all the trend remains heavily bullish with a very bright future for Stellar.
A good opportunity to buy in STRUSDTTechnical analysis:
. STELLAR/TetherUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.216 to 0.161). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.216)
Ending of entry zone (0.161)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.270
TP2= @ 0.338
TP3= @ 0.400
TP4= @ 0.449
TP5= @ 0.538
TP6= @ 0.629
TP7= @ 0.918
TP8= Free
A good opportunity to buy in STRUSDTTechnical analysis:
. STELLAR/TetherUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.216 to 0.161). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.216)
Ending of entry zone (0.161)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.270
TP2= @ 0.338
TP3= @ 0.400
TP4= @ 0.449
TP5= @ 0.538
TP6= @ 0.629
TP7= @ 0.918
TP8= Free
Stellar - A Bright FutureStellar weekly on log scale, a great looking chart. I looked at the weekly on linear scale with a different starting point for the gann angles in the linked idea below. pamp it
Stellar looks bullish againCoin of the day is Stellar
XLMBTC is back on track, showing bullish figures and going UP.
Recap: Stellar is an open-source protocol for value exchange founded in early 2014 by Jed McCaleb (creator of eDonkey) and Joyce Kim. The Stellar protocol is supported by a nonprofit organization, the Stellar Development Foundation. At the time of launch, Stellar was based on the Ripple protocol. After making several changes to critical consensus code, the Stellar network forked…
Latest news
Jul 26 – Listing on Huobi
Huobi announced the addition of $XLM on Twitter today, with trading commencing from 16:30 GMT+8. Deposits can already be done, but withdrawals will only be available from the 28th of July. Trading pairs will include BTC and ETH.
Technicals
After the last review, Stellar did not manage to gain enough support to take-off from the 0.00004 level and went lower to the 100-days EMA and 0.000035 level. Hence, after a week in a correction pattern, XLMBTC went upwards after touching bouncing-off from the 0.000035 level, which coincides with a 100-days EMA at this point. Now the price is back above 0.00004 level with the same resistance on its way – 0.0000425 level. A breakthrough above this level will send the price to the 0.000045 resistance and further to the 26% Fibo zone, the last frontier before taking new heights.
BULL PENNENT or 3 Drives Pattern???????What do you think this is a BULL PENNENT or a 3 Drives Pattern?????
Stellar to 10$ by the end of year ?I might be crazy on this one, but let's see ...
Weekly rsi @40 was always the beggining of a bull run. See you in december !
A trading opportunity to buy in STRUSDTechnical analysis:
. STELLAR/DOLLAR is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
. The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. If you missed our first HUNT, you have a second chance to buy above the suggested support zone.
. There is still a possibility of temporary retracement to suggested support zone (0.23 to 0.18). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.23)
Ending of entry zone (0.18)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
New Take Profits:
TP1= @ 0.31
TP2= @ 0.40
TP3= @ 0.46
TP4= @ 0.66
TP5= @ 0.74
TP6= @ 0.96
TP7= Free
We opened 7 BUY trade(s) @ 0.18415803(day close price) based on a reversal candle ( Hammer ) at 07.12.2018 in our suggested support zone (0.23 to 0.18).
Total Profit: 75022783
Closed trade(s): 12584197 Profit
Open trade(s): 62438586 Profit
Closed Profit:
TP1 @ 0.31 touched at 03.21.2018 with 12584197 Profit.
Open Profit:
Profit for one trade is 0.28822234(current price) - 0.18415803(open price) = 10406431
6 trade(s) still open, therefore total profit for open trade(s) is 10406431 x 6 = 62438586
All SLs moved to Break-even point.
A trading opportunity to buy in STRUSDTechnical analysis:
. STELLAR/DOLLAR is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
. The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. If you missed our first HUNT, you have a second chance to buy above the suggested support zone.
. There is still a possibility of temporary retracement to suggested support zone (0.23 to 0.18). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.23)
Ending of entry zone (0.18)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
New Take Profits:
TP1= @ 0.31
TP2= @ 0.40
TP3= @ 0.46
TP4= @ 0.66
TP5= @ 0.74
TP6= @ 0.96
TP7= Free
We opened 7 BUY trade(s) @ 0.18415803(day close price) based on a reversal candle ( Hammer ) at 07.12.2018 in our suggested support zone (0.23 to 0.18).
Total Profit: 75022783
Closed trade(s): 12584197 Profit
Open trade(s): 62438586 Profit
Closed Profit:
TP1 @ 0.31 touched at 03.21.2018 with 12584197 Profit.
Open Profit:
Profit for one trade is 0.28822234(current price) - 0.18415803(open price) = 10406431
6 trade(s) still open, therefore total profit for open trade(s) is 10406431 x 6 = 62438586
All SLs moved to Break-even point.