Xlmbtc
XLM- approaching buy zoneXLM and other alts have been getting beat up pretty badly recently compared to bitcoin . However this may be a buying opportunity. Here are the levels I am looking at for a confirmed reversal to the upside. Potential profit on this trade is roughly 70% and stop loss is around 3%. So pretty good R&R...
#XLM : Upto 75% Profits In The Mid Term.#Accumulatio_Recommendation
Pair : #XLM / #BTC
RSI : 39.65
TA Notes :
- MACD : Still in bearish mode in the longer time frames but looking bullish for the 1H chart which will be a bullish indication.
- RSI : Is in a good position showing a bullish behavior too at a neutral position for a leg upward move for the 1H chart.
- EMA : Looking to go below the candle stick formed and seems to be going to be below the price in the short run for a bull indication in the short term.
- Volume : Showing a very good volume spike by the past 2 hours which will be a good energy for the short term and for a reversal bull trend formation.
- Candle Stick formation also looks very bullish and if the current candle could manage to close above the resistance line in RED it will be a confirmed reversal bull trend for the short term.
#Accumulation_Zone : 750 sats - 765 sats
Distribution_Zone:
Target 1 : 792 sats
Target 2 : 820 sats
Target 3 : 843 sats
Target 4 : 865 sats
Target 5 : 898 sats+
STOPLOSS : Close below 745 sats
Risk : High
Capital Accumulation : 4%
@TogetherWeAccumulate
#XLM / #BTC #hopium Bull div is hawt rnSerious bull div - not entering until further confirmation but this could be signaling a trend reversal coming soon
XLM CAN'T GO LOWER BRO, LOOK AT THE RSI Obviously it can, and XLM provides an excellent case study in how indicators especially the RSI and Stoch can remain "over sold" for as long as the market desires.
With that said, it does look like it's consolidating at 850, yes EIGHT HUNDRED AND FIFTY SATS. I had to do a double take when I saw it, insane that this traded at 4000+ sats not too long ago.
XLMBTC will touch 500-300 satoshiXLMBTC will target to below 530 satoshi, the preferred buy area is around 303 satoshi, the dip before reversal is between 29 July - 12 August
The line where “ALT SEASON” can begin...!!!Lets face it...Alts look terrible vs Bitcoin and it seems like many could be going to Zero which in crypto means delisting...However times like these when the chart seems to have no bottom tend to be opportunities...Bitcoin still looks strong but if it ranges for several weeks of price action it could give the Alt market a little jolt of energy as money is spread around crypto, especially if bitcoin is not giving the previous returns the market has been used too. This XLM chart is one example of a rising line of historic support that when previously touched has produced parabolic bounces in the overall ALT market...Bitcoin runs the show and its near term price action will dictate if ALTS give a good trade opportunity...Trade Safe...Chonis
#XLM / #BTC $XLM / $BTC - Using @InSilicos Guppy Indicator!If you're not long, you're wrong... According to the Guppy's!
Lower S2 pivot held strong
4H price forming an ascending triangle
*****InSilicos Guppy's showing green signal*****
RSI has blasted up to strong demand levels with price not moving much relatively
Bitcoin hesitating, consolidating and still above our lower support of 10.7
Other alts blasting off such as LINK, QNT, and DRGN... and many more
Are altszns about to be back again?
We shall see soon
BUY STELLAR - ABSORB PANIC + NISON STRATEGY SELL TARGETSBARS A & B ARE THE SAME LENGTH YET...
WITH 4X VOLUME, BAR B COULD NOT MAKE FURTHER DOWNWARD PROGRESS
HOWEVER...
NO LOWER SHADOWS AND REDUCED VOLUME SUGGEST A
LACK OF BUYING INTEREST ABOVE THIS SUPPORT LEVEL
LOSS OF BEARISH ENGULFING PATTERN SUPPORT...
SHOULD CAUSE PANIC SELLING INTO OPERATOR'S BUY ORDERS
ABOVE SIGNIFICANT PITCHFORK SUPPORT LEVEL
STEVE NISON'S PB&J (PULL BACK TO SWEET SPOT) STRATEGY SUGGESTS...
SELLING BETWEEN 1189-1290
PITCHFORK RETURN TO CENTER LINE THEORY SUGGESTS...
SELLING AT 1500
Is it the beginning of the end or the end of the beginning? #5If you want to be a master on trading, You must review over thousands charts! And, sleepless nights!
There is no overnight success in a trading life. Let me remind you one of my favorite old story ;
A Harvard professor once asked his students to do a special report on fish. His scholars went to the library, read books about fish, and then wrote their expositions. But after turning in their papers, the students were shocked when the professor tore them up and threw the min the waste basket.
When they asked him what was wrong with the reports, the professor said, “If you want to learn anything about fish, sit in front of a fish bowl and look at fish.” He made his students sit and watch fish for hours.
Then they re-wrote their assignment solely on their observations of the objects themselves. Being a student of the market is like being a student in this professor’s class: if you want to learn about the crypto market, you must observe and study the major indexes carefully.
In doing so, you’ll come to recognize when the daily market averages are changing at key turning points—such as major market tops and bottoms—and learn to capitalize on this with real knowledge and confidence.
Chart speaks itself, Less is More!
Your objective isn’t to buy at the cheapest price or near the low, but to begin buying at exactly the right time, when your chances for success are greatest. This means that you have to learn to wait for a crypto to move up and trade at your buy point before you make an initial commitment. If you work and cannot watch the market constantly, small quote devices or quotes available on cell phones and Web sites will help you stay on top of potential breakout points.
In the crypto market, and success has nothing to do with listening to tips from other people or being lucky. You have to study and prepare yourself so that you can become successful on your own with your investing. So make yourself more knowledgeable. It isn’t easy at first, but it can be very rewarding. Anyone can learn to do it. You can do it. Believe in your ability to learn.
Dont forget to follow me on twitter.com
STR/BTC to zeroooo !!!- I'm remain bearish until this coin break the recent down trendline for a first sign of reversal, but before that happen.. i expect this coin to 30 satoshi or zeroooo!!! lol.
- Expect a bounce from one of the support fibonacci line on quick pace after it's prolonged seller pressure.
Indicators :
DMI : -DI is still on the rise, ADX is still above 25.
MACD : still no sign of reversal from buyer side. seller histogram is still building also the macd line is hover around bearish area.
MFI : currently in oversold condition.
peace..
XLM found supportI was expecting Stellar to fall down to 730, but some really nice volume met it at ~915 support. Might push up from here. Here is my setup.
Pullback buy zone 915-935
Targets 995 - 1045
HODLer's candy 1020
Stop loss below 898
Stopless strategy - double order at 730 and sell at 900
Risk/Reward Ratio 1.8 / 3.3 (for main targets)