lumens friend or foe???macd looks good as well as rsi
inverted hammer suggesting reversal
though volume is questionable?
resistances
3650(imp.)fail to break bearish continuation.
sell targets
3746
4394
4839
5684
5852
STR
If this bottom on $STR doesnt holdThe arrow shows where the next level of resistance is. Hope, pray for a bounce you true believers, but double bottoms arent a thing in crypto. But hey, maybe this time Im wrong.
Weekly MACD on $STR $XLM is about to turn negativeThats more bearish news on top of everything. Short with confidence.
Stellar is close to the February lowsDespite the breakthrough of Global Angle Resistance, which supposed to mean the end of the downward tendency and a starting point of the bullish movement, STRUSD drew the Head And Shoulders figure in the resistance zone (probably caused by the fixation of profits by Traders who invested on the 0.26 levels) and went down.
Judging by the fact that the pair stopped falling in the support zone, above the 0.333 support, these levels are still attractive for buyers.
Nonetheless, the situation looks bearish and to consider further grows I would like to see how the price crosses new Angle resistances, corrected by the recent breakthrough of the Global Angle Resistance. Otherwise, the bias stays bearish and too close to the February low, the breakthrough of which borders with the collapse of the coin.
$STR $XLM short re-engaged for the next $BTC pumpSub 3000sat STR after the next big pump in BTC. God wills it!
$STR $XLM is in full collapse continuesNext lines of resistence are 3210. 2633 and 1637sats. There literally no support now. Im thinking this bounces only when it hits the 200MA.
Stellar(XLM) Look to buy on dipsThis is a daily chart for the XLMUSD showing 3 months of performance. This chart is also excellent at defining the long-term trends for the market.
The bear market began when the price fell through the 20-Day exponential moving average and touched the 100-Day EMA. Also, the RSI tested the 50 level, another important indicator of bear markets and turned back down. The MACD crossing down through centerline is another sign of bear market.
The price bottom forms when each of these indicators reverses and crosses through their signal lines. When the MACD climbing through its 9-Day moving average is another. The RSI above 50 is another signal to follow for an end to a bear market. Finally, when the price crosses up through the 20-Day moving average, we have another signal of end of the bear market.
The RSI is testing the 50 level, a sign of indecision. The MACD is trending up but have the centerline resistance above. It looks like the price paused to consolidate its gains before continuing up. We need to look at the shorter-term charts and the market indicators before making a decision.
$STR in full capitulation mode nowShorts should have entered awhile ago. Hodlers, my condolences. Its a LONG way to the bottom.
Next stop for $STR $XLM is 3500satsGod wills it!
In all seriousness, this is a no-brainer trade here with bitcoin going ham. Stellar was massively overbought for weeks. There isnt a whole lot of support after 3500 either. Its still a long way from the bottom.
STR/BTC A possible consolidation for another push upwardsSTR/BTC has been lowering its range and forming a nice consolidation pattern.
A break out from this pattern with enough momentum and BTC consolidation can lead to a new ATH push.
Currently held triple fib retrace with every time achieving a higher level of support.
Trend : Consolidation
Play : Down trend breakout buy
Things to note : BTC price action and volume on breakout
Why you dont bag hold $STRStellar is a coin I like to shit on regularly, but for all the right reasons. Its a giant flag forming on the daily filled with lower lows. Unless there is some sort of dramatic break out, improvement from the devs, or mass adoption, this thing is going in the toilet.
Stellar has the same problems as XRP unsurprisingly. The higher it goes, the more expensive it is to use. In XRP, your clients arent poor farmers, so stellars problems are exacerbated. Long term, unless there is mass adoption coming this year, this is going to fail just like XRP.
You arent cool unless you are shorting $STR $LMN with meStellars been plinking off the 200MA for the past month. No reason to say it shouldnt do it again
Stellar support and resistance0.00004 level played a support role at 2018.02.02 and pushed the price upwards. Unfortunately Stellar did not manage to break above the strong resistance 0.00005, and it went down slowly.
0.00004 support level located slightly under the 61.8% Fibo of the January uptrend. And if we evaluate current bias as bullish and looking for the good place to buy in - the 0.00004 zone is a perfect place.
A crossing of the angle support could be a good buy signal for those who in doubts.
Nonetheless, the 0.00005 level is strong resistance, and it is recommended to consider this level for fixing profits.
Stellar XLM Bull Flag Breakout Off Triple Bottom w/VolumeStellar Lumens (XLM/STR) / Ethereum (ETH)
(best 2 for smart contract utility)
Bull Flag Breakout to the Upside
Off Triple Bottom/Support
with Increasing Volume
Buy Signals for Bulls
Bouncing off Triple-Tested Bottom Support
50 EMA is curled up going stellar. It just needs some more volume.
Transactions on the decentralized Stellar network resolve in 2-5 seconds for a fraction of a cent, aiming for low-cost payments between different currencies to fight poverty and maximize individual potential. Stellar is a decentralized, hybrid blockchain that is fully open-source infrastructure that exists to facilitate cross-asset transfers of value, including payments. With just one integration into the Stellar Network, you will join an open, global financial network where all actors – be they people, payment networks, or banks – have equal access & economic participation. With a team of top technology and finance professionals, the nonprofit Stellar.org expands access to low-cost financial services to fight poverty and maximize individual potential: see www.stellar.org
Stellar (Lumens) (STR/XLM) is supported by IBM, Deloitte, Stripe, Google.org, Blackrock and many other big companies.
"Stellar itself is a modified fork of Ripple, an initiative led by Jed McCaleb following his exit in 2013 from Ripple Labs, which he co-founded." ref. www.coindesk.com
The 2018 Stellar Roadmap www.stellar.org announces their SDEX (Stellar Decentralized Exchange), which will include among other things, end-user control of secret keys, and the Lightning Network running on Stellar. Maybe Lighnining Networks running on Stellar can save bitcoin. Either way, 2018 will be huge for Stellar, with so many huge developments coming together, and now is the best time to start getting in. SDEX will be the world-class front-end that our underlying technology has long deserved. It will enable on-chain, protocol-level trades for any Stellar token, and we will create liquidity to minimize spreads and maximize choice of assets. The Exchange also promotes our vision of moving more real-world assets on the blockchain. ICOs are already coming to Stellar because we’re cheap, scalable, and fast. See Mobius’s We Did It! announcement medium.com for their impression of the Stellar platform.
Stellar videos: goo.gl
Stellar Development is led by Jed McCaleb (resuming development of the open-source technology he created at Ripple), founder of edonky, one of the first big file sharing sites; and Mt. Gox, the first big bitcoin exchange before selling it to the one who ran it amok, and Professor David Mazières (head of Stanford’s Secure Computer Systems group, creator of SFS and bcrypt). The Foundation is led by Joyce Kim as Executive Director (former attorney and VC with public interest experience). It’s board is Keith Rabois (early Paypal, former COO at Square), Patrick Collison ( CEO of Stripe), and Jed McCaleb. The Foundation is advised by Dan Kaminsky, Joi Ito, Ronaldo Lemos, Linda Stone, Sam Altman, Naval Ravikant, Jackson Palmer, Greg Stein, and Matt Mullenweg.
Stripe has provided initial funding to help get the network off the ground and recently announced they would start removing bitcoin from it's payment structure and increasing Stellar usage.
All the banks in the world running IBM software, all the companies partnering with Deloitte, Stripe, Google.org and Blackrock alone will cover the globe of SDEX (Stellar Decentralized Exchange) where you control your own secret keys. Depending on how well the roll out of it goes, if all things fit in place with Lightning Networks running on the Stellar platform powering SDEX, this one could be valued more than $10 by year's end.
Of course, "this is not financial advice". I'm just sharing my research, thoughts and ideas.
All the best luck trading
Dead cat bounce on StellarDown below the hourly cloud now. The pump was a lie. Expect further drops. Excellent short potential here.
XLM ... A rising star?XLM is a great coin.
Please understand I LOVE XLM. I'm a big time long term believer, however the medium term outlook for this coin MUST make you raise your eyebrows. If it doesn't, then I think you're crazy.
The volume doesn't match the movement. There isn't much I can say really, other than it isn't establishing good solid supports, isn't testing resistance, as it moves freely -- and does so without momentum. Thats insanity. It will fall back on the same dynamics every other market obeys.
I hope everyone makes money, I made good profits. I however, cannot chase this thing - and will not tell others to do so.