Stellar now Sheria-certifiedCoin of the day is Stellar
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 17 - Stellar becomes Sharia-Certified
Recently Stellar(XLM or STR) has been showing a noticeable growth, breaking from the stagnation tendency of the first half of 2018. The main news that accompanies the growth is certification of Stellar blockchain by the Shariyah Review Bureau (SRB).
For the Stellar ecosystem, obtaining a certificate means being able to expand in markets that require compliance with Islamic principles: in the countries of the Cooperation Council of the Arab States of the Persian Gulf (Bahrain, Kuwait, Saudi Arabia, Qatar, United Arab Emirates and Oman) and some countries in South-East Asia.
From Twitter: “Stellar is the first distributed ledger protocol to receive Sharia compliance certification in the money transfer and asset tokenization space.” By StellarOrg@
Jul 18 - Stellar Partnership With IBM To Launch An FDIC Backed Crypto
A startup named Stronghold is making use of Stellar Blockchain technology to launch USD Anchor. This USD Anchor will make use of the Stellar Blockchain technology to verify transactions. Its token will be backed by Prime Trust, a Nevada trust company to the US dollars. This Trust company will in turn deposit money into all Federal Deposit Insurance Corps insured.
IBM reported that the New York City Based Signature Bank backed out from this collaboration as it was the first choice. IBM and Stronghold are partnering together to find out the various financial uses of the token. The head of IBMs blockchain services for financial institutions, Jesse Lund stated that the aim of the platform is for both Fiat money and digital money to be used as means for transactions on the blockchain platforms.
Stronghold is the security to the Stellar partnership network. The entire collaboration between Prime Trust bank and the FDIC with this IBM platform is a step in the right direction. Sewn Bennet, the co-founder of Stronghold stated that there is a need for growth in the management of digital and Fiat currency.
This project shows the various ways to make Fiat currency tokenized in order to perform fast transactions like cryptocurrency. IBM’s first use cases will center on across border transactions as well as small-scale foreign transactions. The coin is available to select institutional clients, but it will be available soon.
Technicals
XLMBTC is showing an active growth since Jul 13, reaching 100-days EMA on Jul 15, and taking-off from the EMA to break Global Bearish Trend Line and 0.00004 level. For now, the bullish rally has stopped at the 0.0000425 resistance and probably will transit into a correction for a while. The main requirement, to preserve bullish view, is to stay above the Global Bearish Trend Line. Nearest resistive level on the way up is 0.000045 level; after breaking 0.000045, the price will meet 26% Fibonacci zone - the last frontier before setting new highs.
STR
#STRATIS #BITCOIN #BITCOINPRICE #TRADING Stratis has space in the triangle, price will go down in there.
There is a possibility for the beginning of 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 36.
. While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000266 to 0.0000255). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000266)
Ending of entry zone (0.0000255)
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:
Take Profits:
TP1= @ 0.0000332
TP2= @ 0.0000348
TP3= @ 0.0000388
TP4= @ 0.0000426
TP5= @ 0.0000463
TP6= @ 0.0000497
TP7= @ 0.0000585
TP8= Free
There is a possibility for the beginning of 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 36.
. While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000266 to 0.0000255). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000266)
Ending of entry zone (0.0000255)
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:
Take Profits:
TP1= @ 0.0000332
TP2= @ 0.0000348
TP3= @ 0.0000388
TP4= @ 0.0000426
TP5= @ 0.0000463
TP6= @ 0.0000497
TP7= @ 0.0000585
TP8= Free
XLM (STELLAR) Bulls Are Coming! Last chance to buy1W chart:
Symmetric Triangle's formation is almost ended
RSI and MACD hidden bullish divergence
Long term targets:
1) ~0.00006 BTC
2) ~0.000098 BTC
3) ~0.00015 BTC
4H chart:
Small Symmetric Triangle's formation is almost ended (BLACK)
MACD bullish divergence
Short term targets:
1) ~0.000036 BTC
2) ~0.000038 BTC
3) ~0.000041 BTC
Next weeks is the Last change to buy cheap Stellar Lumens. And there are a lot of reasons to state:
- Stellar has passed half year of correction + consolidation
- Strong Partnership with IBM. Now look at IBM Blockchain related news, announces and rumors, signed contracts with banks, financial companies and governments. Then remember the fact that Stellar used in HyperLedger like a main railways for transactions and digital assets. The main reason why Stellar hasn't been mentioned in latest IBM's news is confident and avoiding of repeating history with big PUMS like in 2017.
- FairX before end 2018
- StellarX almost ready
- upcoming native Stellar's DEX (SDEX) before end 2018
- Lightning on Stellar before end 2018
- Jed McCaleb
- Jesse Lund
Stellar is Solid opensource Project. Jed McCaleb is genius. Jesse Lund is strong support.
IBM is going to take a big piece of financial blockchain cake in next few years.
Stellar is going to be a revolution in remittance and unbanked sector, to be a revolution in finance world like it was with The Internet.
History repeats. Like Amazon and other tech giants survived after Dot-com bubble, Stellar will be one of many who pass Blockchain Bubble (scam projects, useless ideas and startups, etc)
STELLAR ABOUT TO BLOW UP?? - MIMICKING PREVIOUS PATTERNStellar, a currency I made over 1000% profit with is starting to mimic its previous signs of slope stabilization before an explosion.
Watch the graph for the least possible value which has the most slope stabilization before investing. Definitely has a chance of blowing up!
The safest time to invest would be as the slope starts to rise steeply after stabilization. This requires fantastic timing though.
My other post will be detailing the short term triangle analysis of the current STR market!
Stellar, in for a bullish reversalRecent listing of Stellar 9.80% on BitcoinIra and the ongoing talks to acquire blockchain startup Chain could be the catalysts to move us up to next highs.
A reversal may happen anytime soon. Two probabilities shown in the chart.
Goodluck!
www.benzinga.com
fortune.com
strbtc for 3rd run peak or collapse?Will have to see which way str goes once it hits this wedge.. If it bounces we are looking at another peak. If not it is all downhill till it hits the wedge and does a little bounce before leveling out for next bull run. I don't see why str would bottom out and think it will go back up for its 3rd major peak. If I am wrong then no biggy shorting it lol.. Cannot go wrong when you can margin up or down :) Just gotta know when to be aware for large trend movements. Till then I am shorting till 3600 sats then getting out to see which way it will go.. Easy money here :)
Not so stellar lumensCyclic repetition; 2nd cycle will take longer to complete and be more impulsive due to new players and money in the market, not looking for ATHS here, just a nice bounce to accumulation zone below the Green line but expect to see a hard bounce above it before hand due to the nature of this coin.
upside potential always possible if we break of this current pattern on (B) in which case the sky is the limit - will we see it in May?
chart has a sarcastic twist but has been drawn up to what i believe is playing out here, despite the field consensus generally being LONG alt coins here im happy to go against the grain and slap up a nice short chart to get that hopium cleaned off peoples gauzes.
Enjoy! Basil
Short XLM / STR because #FractalsShort XLMBTC / STRBTC to ~1500-2000 sats because #Fractals and bearish divergences. I'm a fan of this project longterm, but I base my trading off TA.
XLM/BTC STR/BTC XLM STR #XLM #STR Stellar Lumens
- @CryptoCurb
Stellar is positioning for LongXLM is at a critical junction. Two different price trends, as confirmed by green/red bubbles, have converged at a single apex. We are setting on the top of the ichimoku leading span A (green cloud), which will often act as a support and cause a bounce. We are looking for volume! Once the buyers come in, short positions will start closing and a chain reaction will shoot us up very nicely. Stop-loss at 0.00004400, if it starts to run i'll update with potential sell targets. Good potential here. Good Luck!!
A New Trading Opportunity to Buy. TP3 hit with 7605 profit....STELLAR/BITCOIN
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
* There is possibility of temporary retracement to suggested support line (0.000037) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "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 special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 5 BUY trade(s) @ 0.00002673(day close price) based on the reversal candle ( Hammer ) at 03.18.2018.
Total Profit: 7605
Closed trade(s): 3981 Profit
Open trade(s): 3624 Profit
Closed Profit:
TP1 @ 0.0000325 touched at 03.31.2018 with 577 Profit.
TP2 @ 0.0000395 touched at 04.17.2018 with 1277 Profit.
TP3 @ 0.0000480 touched at 04.17.2018 with 1277 Profit.
577 + 1277 + 2127 = 3981
Open Profit:
Profit for one trade is 0.00004485(current price) - 0.00002673(open price) = 1812
2 trade(s) still open, therefore total profit for open trade(s) is 1812 x 2 = 3624
All SLs moved to Break-even point.
Take Profits:
TP4= @ 0.0000619
TP5= Free
Technical analysis:
Stellar/Bitcoin is in an up trend and continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 63.
A New Trading Opportunity to Buy. TP3 hit with 7605 profit....STELLAR/BITCOIN
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
* There is possibility of temporary retracement to suggested support line (0.000037) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "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 special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 5 BUY trade(s) @ 0.00002673(day close price) based on the reversal candle ( Hammer ) at 03.18.2018.
Total Profit: 7605
Closed trade(s): 3981 Profit
Open trade(s): 3624 Profit
Closed Profit:
TP1 @ 0.0000325 touched at 03.31.2018 with 577 Profit.
TP2 @ 0.0000395 touched at 04.17.2018 with 1277 Profit.
TP3 @ 0.0000480 touched at 04.17.2018 with 1277 Profit.
577 + 1277 + 2127 = 3981
Open Profit:
Profit for one trade is 0.00004485(current price) - 0.00002673(open price) = 1812
2 trade(s) still open, therefore total profit for open trade(s) is 1812 x 2 = 3624
All SLs moved to Break-even point.
Take Profits:
TP4= @ 0.0000619
TP5= Free
Technical analysis:
Stellar/Bitcoin is in an up trend and continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 63.