Xlmbtclong
Stellar bull runStellar has been going insane lately, however long wicks on 1D chart show price rejection at 4350 sats also coinciding with long term trend line (same with RSI).
-Price rejected @~4350 sats
-RSI reached just over 70, momentum now falling
-Massive buy volume over previous 2 days
-Very bullish if price is able to breakout of long term trend past 4500-4600 sats.
-Still a good hold because of Coinbase news and Sharia compliance certification
-also now 6th ranked crypto by market cap
XLM/BTC AND LETS FLY!XLM is one of my favourite and one of the top altcoin trade or HODL. In my previous updates on XLM (on the previous bull run) I have been talking about the beautiful cup and handle pattern XLM has been making and I try to show the same pattern here too, so there goes the cup and handle pattern in blue and what we generally know from this pattern is that once we finish the handle we are looking to fly and break the resistance we had when forming the top of the cup. So XLM finishing this pattern is one bullish signal... It is also forming a falling wedge reversal pattern as its falling by having compression in its falls which indicates a move in other direction coming soon. And a falling wedge reversal pattern is another bullish signal for the price. RSI just got out of the oversold area and is looking on its way up which is yet another bullish signal!
BUY-IN: 0.000028-31
Targets:
1.0.000036 BTC
2.0.000042 BTC
3.0.000046 BTC
4.0.00005 BTC (long)
5.0.00006 BTC (long)
Stop-loss: 0.0000279 BTC
$XML #STELLARLUMEN - ready for a short bounceHello Lads and Ladies,
XLMBTC is a very interesting scenario. I called it a few weeks ago already that if it does not mange to bounce off the 61.8% fibs, it is more or less rest and heading towards the 78.6% line, which has been a major support in the past!
ANYHOW, on its way down we cannot exclude some corrections upwards, maybe even exactly to that 61.8% fibs. So, how do I get to that 61.8% line and why might it happen even within the next next few days?
Taking a look at the daily chart, it is VERY bullish at this moment. We are far away from the middle of the Bollinger Bands, RSI is at 29 points, very near to its lowest of 26 Points AND we are today on the 9th candle of the TD sequential, what mostly means a nice turn over, as we also have seen at XLMBTCs past.
Nevertheless, I strongly doubt that this would be the trend reversal already and we would after that continue heading down towards the 78.6% fibs, from where on we SHOULD see a trend reversal.
Taking a view at the ugly hourly chart, we can see a wedge forming and right now still sitting above the middle of the Bollinger Bands, from where we might see a bounce up.
Anyhow, the hourly has a rather high RSI, so if we see a bounce sound, it will be very soon and easily overbought and then head south again, which would correlate with that what we see on the daily chart.
Moreover, for me the daily chart and its formations are more relevant in this case.
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Cheers, Tomas
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
XLMBTC - Show me the light! 39% gain Risk/Reward: 1:7Here we have definitely one of my favorite projects, Lumen.
Lumen will probably conquer the world if Ethereum doesn’t get its sh!t together and have higher through-puts
As you can see, we’ve corrected nicely from the RSI divergence and have just bounced off the 200MA on the 4hr chart. We’ve completed the 4th wave (4) and now looking to have a 5 wave up to (5) at roughly 5800. As long as our supporting channel holds, we are solid.
Entry 4100
Stop 3875 or below 200 MA
Target top of parallel channel or 5500-5800, whichever comes first
R/R ratio: 1:8
Good luck and stay safe!
Kinashi San
STELLAR(XLM) - Possible Cup and Handle? Welcome everyone, hope you all are doing well. Let us look into another trading opportunity.
Stellar(XLM) is another great project and has been performing too well since last month. I believe this upward movement will go on for some more time now because i am anticipating a Cup and Handle formation soon. If the formation takes place, then expect a retracement to lower levels. To open long positions after retracement, wait for confirmations and then you can open accordingly.
INDICATORS:
Moving Average is strongly curving upwards which means Bullish movement.
RSI is showing Bullish momentum.
ADX and DI are giving Bullish signal.
Volume flow indicator is way positive, which means Bullish trend.
Next possible target is: 0.00005464
Also note that, price movement of BTC will also affect the price of XLM. So, keep an eye out.
P.S: This is not an investment advice, and i am just learning. This is for my learning purpose only. Invest your capital at your own risk.
Those who wish to achieve greatness,
never seek for permissions.
They follow what their heart says,
and do what their mind states!
Good luck trading.!
Peace.
XLMBTC. EMERGING GARTLEY. 1H. BUYTrading point C to D on BINANCE:XLMBTC
Potential buying zone is set between 0.382 and 0.886 fibonacci retracement range of point C. Adjust the buying price at your own risk to reward ratio. But remember to buy AFTER the price is showing reversal and bounced off the retracements.
Good luck!
XLMBTC (Stellar Lumen) 4hr tf analysisPrice swing from ~0.00005613 on January 26,2018 to ~0.00002311 on March 18,2018 indicates the completion of Minor wave 1, Minor wave 2 and Minor wave 3. XLMBTC (Stellar Lumen) is currently in a Minor wave 4 position.
The 38.2% and 50% retracement (target area) of Minor wave 3 by Minor wave 4 is used in this analysis as the possible termination region for Minor wave 4. Target area is therefore between 0.00003238 and 0.00003525.
Point of invalidation (POI) for this analysis is a price close above ~0.00003872 (POI is placed just above the 61.8% retracement of Minor wave 3 by Minor wave 4).
The use of price “swing” by the author is simply to refer to a general trend for price action. Price swing is therefore not implied to be an actionary or reactionary Elliott wave.
XLM - BTC Q2 2018 expectations - buy opportunity is yet to come!
I am not a technician. But even i can put horizontal, and diagonal lines on a crypto chart. What a time to be alive!
When i look at XLM, all i see is broken bullish flag patterns. Broken flags everywhere! And our current small frag is about to break, favoring the bearish side.
Not a fan of XLM
Let me start by telling that I am very uninterested in Stellar Lumens project.
This project has been a sleeper for too long. No big announcements, no new functions that would turn people on. Decentralized Exchange announcement almost dozed people off.
Being a ripple wannabe, it is far too similar to digitalized fiat.
However, because it is getting close this quarter's lowest value, there is an opportunity to gain more BTC!
What do i think will happen?
Let's be honest, XLM does not stay stable at any price level. Only reason to buy this coin is to flip after a few percentages of gain.
For that reason, I believe it will show us a short-lived sideways action (3150-3200 range) and after a week, begin a slow-fall to low 1600s.
That's where the strongest support awaits. Most of the HODLers live there.
When to buy?
Many TA analysts expect a bullish XLM run near 3000 range. However it is very unlikely because BTC/USD is the current focus.
And market will stay focused on BTC at least for another month.
As long as Bitcoin is in turmoil, alts are not safe. XLM does not have strong fundamentals and 2018 roadmap hasn't progressed yet, so it won't be safe either.
Therefore you should wait till its great fall, and consider other alts meanwhile.
Scenario 1 (Least likely to happen) - Breakout at mid March
If BTC stabilizes during next 2 weeks (a miracle perhaps?), a serious breakout attempt about 3000 is imminent.
Scenario 2 (Somewhat more likely to happen) - Breakout Early April
Around 2400-2200 is a good support. However it will provide much unwanted resistance as well.
A breakout at that range is again depending on BTC stablity. If market turns all around bullish, start accumulating in 2300-1900 zone.
Scenario 3 (Because i hate buying hyped up shitcoins) - Breakout Late April / Early May
I keep telling people not to buy XLM. But even i can't stay away from a coin when it's at all time low.
And 1650 to 1500 satoshi is LOW for even a weak prospect like XLM. I believe this is where the next bull run happen.
Around mid April to early May, market will stabilize, BTC will hopefully be bullish again. Alts will follow the course.
I will accumulate XLM below 1650 satoshis like crazy. Like, "sell my kidney to buy a few Ks of XLM" crazy.
Not trade advice tho.
Protect any gains with tight stop-losses.
Lumen - XLMBTC - Potential 100% Profit Trade coming upXLMUSD is playing a down channel for last few weeks. Now its time for reversal. BUY on Support Lines and Yellow Zone.
Expecting to breach Red Line Resistance on the TOP.
Profit Target Green Zone.
Potential 100% Profit Trafe in Medium Term : XLMUSD
We will close our SHORT Call now