Stellar(STRBTC)LONG TERM THEORY Evident cup movement . First tarhet is 2400. Stellar will probably bounce under 1700 and then rise up again.
STR
STR - no divergence, could still run higherI am not an Elliott Wave trader, but it looks possible from stochastic strength that Stellar may see another leg up before attempting to consolidate this push.
STRBTCWorth watching. If move above last high could be really interesting.
Then 0.00001500-0.00001650 next stop.
STR/XLM: Itching for BreakoutI'm gonna try to keep this on brief...
POLONIEX:STRBTC / BITTREX:XLMBTC is preparing for a strong move. It has been bouncing off the 100MA, Bollinger Bands are compressing on the 15min and it is known to occasionally follow XRP. Price held strong during the BTC drop and price is trying to find support above a former resistance point. Let's go
Longterm STR (XLM) Bull Notice the volume declension, be prepared to exit at blue box targets. Buy on direction change. Abort to short if break down. LLAP
STR/XLM USD entry point Reward to risk 2.5:1Ascending triangle formed. If the top is broken, I expect an upside equal to 80-110% the height of the triangle.
Two tricky things to watch:
We had a false break on this triangle once.
The All Time High is sitting at Target 1, if we break it with strong volume we're off to the races. If we limp over it, we'll probably fall into consolidation or retrace.
$xlm long termspiral or gtfo. "Fibonacci spirals provide the optimal link between price and time analysis and are the answer to a long search for a solution to forecasting both time and price. Each point on a spiral manifests an optimal combination of price and time. Corrections and trend changes occur at all those prominent points where the Fibonacci spiral is touched on its growth path through price and time." Intrested to see how this one plays out on the 3d
STR USDT Entry Point Reward to Risk 4.25:1Bull flag forming.
If the top of the symmetrical triangle breaks, we should see a new All time high. The gains are typically 80-110% of the length of the flagpole.
*LONG* XLM STR Stellar Ascending Triangle Breakout! TargetsI apologize I've been gone for a bit. But after about a weeks worth of healthy consolidation and massive volume pick-up, we have finally broken out of the massive ascending triangle pattern to form yet newer highs in what I believe will be an amazing run. This also marked the completion of the cup & handle formation on my previous idea that I forecasted a little while back.
Based on several factors, I believe our tentative targets will be:
TP1: 1198
TP2: 1438
I do expect a slight pull back after we hit 1198 as the market consolidates yet again and probably forms another c&h or wedge.
Stellar is often overlooked and seldom talked about amongst the other industry dogs, but it's by far been my favorite alt to swing/day trade this year. Massive profits to be had!
XLM (STR)/BTC - Outlook for the next few daysIf XLM keeps moving in the channel it may break the major resistance line at 905 Satoshi within two days. When that happens, It'll most likely shoot up to the 1200 Satoshi range.
$STR Cup & HandlePrices are accumulating before another bull break on the upside. Considering how quick this coins pumps i see it FOMO'ing to around 15k sats.