XLM/BTC TA Update (Bounce at Gold Fib?)XLM/BTC
XLM broke the upward trend-line support and now on a deep pullback targeting the 0.618 Fib support area.
Swing higher low tends to be a strong area for the price to react plus in a combination of the golden Fib.
I expect buyers to temporarily step in and their stop loss would be just below swing Low at 644 sats or lower.
Xlmbtclong
XLM/BTC Fifth Wave Remaining with Possible Inverse HnS- XLM/BTC has done creating its fourth wave and is now trying to complete the fifth wave.
- Unless there is a failed wave which seems very unlikely, the price action does suggest an upward movement.
- The 5th impulse wave could form an inverse head and shoulders pattern thus extending the possibilities of higher targets.
- The target range could be anywhere between 1020-1150
- Trade carefully
SDF's Next Stepsin short, they have improved their ecosystem.
my expectations of the price.
Today, in Mexico City, the Stellar ecosystem--a diverse family of entrepreneurs, developers, innovators, thinkers, and builders--is gathered in person for the first time. With so many of us here, Meridian is the perfect setting for a long-overdue update on Stellar’s giveaway programs and to announce a new mandate for the Stellar Development Foundation.
SDF’s purpose is to make Stellar the global payments standard. All of the rest of what we’d like to accomplish--empowering everyday people, transforming the global financial system--follows from the world using the network. Every dollar and lumen we have is dedicated to that end. Whenever we spend money--whether to hire an engineer, travel to meet a partner, extend a loan to a Stellar-built business, or even pay our own rent, we ask: is this moving Stellar closer to adoption as a payment standard? We consider every option and do our best to make the most of the resources at our disposal.
What are those resources? Yesterday, there were about 105 billion lumens in existence, roughly:
20 billion out in the world
17 billion in SDF’s operating fund
68 billion remained earmarked for giveaway programs administered by SDF
Stellar isn’t mined, so the lumens now in public hands are there because we’ve worked hard to get them there over the last four years. As for the other two allocations, in time and after a lot of thought, we’ve come to realize they’re too large. SDF can be leaner and do the work it was created to do using fewer lumens. Over the years we’ve also seen that giveaways and airdrops have diminishing effects, especially in the outsized amounts our original plan was designed to support. So a smaller public-facing program would have just as much impact. The network and community around Stellar are now robust enough to allow SDF to carry less weight, too--we’re just a piece of a much larger whole, and the funds we steward should reflect that.
So: we’ve decided to reduce our lumen allocations, and to rededicate what remains to what we now think Stellar needs most. We’ll use approximate numbers here in the text, but the chart and table to follow detail the precise amounts in question.
Just before this announcement, we burned 5 billion lumens from our operating fund. It now stands at 12 billion lumens. This reduction isn’t in any way a retreat from our mission. It’s an acknowledgement that we owe it to the ecosystem, to the network, and to ourselves, to be as efficient as possible in our work. We’ve plotted the next ten years of Stellar’s growth and even with our greatly increased ambitions for SDF, we’re confident these funds will be enough to see us, and the network, through.
At the same time, we’re ending Stellar’s World Giveaway Program (for individual airdrops) and our Partner Giveaway programs, both of which were created at the network’s inception. 50 billion of the 68 billion lumens in those programs have also been burned. We believe the number of lumens we hold now aligns better with our mission. SDF will not burn any additional lumens.
To burn the lumens, we have sent them to a Stellar account with no signers (including a master key weight of 0):
GALAXYVOIDAOPZTDLHILAJQKCVVFMD4IKLXLSZV5YHO7VY74IWZILUTO
We believe the number of lumens now aligns better with our mission. SDF will not burn any additional lumens.
For clarity, this is what remained after these transactions:
stellar-development-remaining-lumens
All told, there are now exactly 50 billion lumens in existence. Slightly under 30 billion of those are still administered by SDF. That pool is a resource for the whole network. We view these as “Stellar’s lumens”, not so much owned by the Foundation as held by us temporarily to use for initiatives that support Stellar and the ecosystem. Alongside this burn, we’ve developed a new set of strategic objectives for SDF, and we are publicly committing to using them pursuant to the plan below. This new mandate reflects our desire to do more of what has worked for Stellar and much less of what hasn’t. We’ve designed the new mandate with the future of the network foremost in mind, but as you’ll see below we’ve also tried to tie each allocation back to our original vision.
We’re extremely excited about this renewed focus for SDF and also about the transparency we will bring to these efforts. Each allocation will be set aside in its own account before the end of the year, and we’ll publish the addresses, so the Stellar community can track our progress and see our commitment to this plan.
Here’s where we now believe Stellar’s lumens are best spent:
Direct Development
The 12 billion remaining from SDF’s operating fund will be dedicated to an aggressive program of direct development and advocacy for Stellar. In January 2019 SDF had just a handful of employees. We’re now at nearly sixty, and we expect to be at roughly twice that by the end of next year. This allocation represents a ten-year commitment to operating SDF as a robust, active partner for Stellar and the many companies working with Stellar. Over the next decade, we will not only continue working on stellar-core and the network platform above it, but also research new technologies, intensify our policy and legal outreach efforts, build more community tools, and create educational materials and documentation. Given the always-changing nature of our industry, we felt this was truly the minimum responsible funding for what we hope to accomplish.
Building up human capital is a fundamental shift in strategy for the Foundation. For the first five years of Stellar’s existence, SDF was a minimalist organization. In early 2019 we decided to rethink that approach. As the ecosystem has grown, we’ve been more comfortable growing ourselves. We began to offer full-time positions to many developers and projects that might have gotten partnership grants or other support from us in the past. We’ve seen that bringing people in-house ensures that the best talent we can find is immersed and invested in Stellar. Together, we can deliver on a unified roadmap and vision.
The 12 billion lumens for this allocation have been escrowed and will unlock 3B XLM per year for the next four years. That pace gives us latitude for growth and the ability to adapt to market changes, while still keeping our funding in balance with the ecosystem.
Ecosystem Support
2 billion of the lumens left from the partnership program will be dedicated to ecosystem support. That was the original inspiration behind the network’s recently retired inflation mechanism: to allow network participants to “enable novel business models or to fund causes they support.” Inflation might no longer be part of Stellar, but its spirit should be, via the following programs:
Infrastructure grants & indie dev support
1 billion. Stellar’s Infrastructure Grant program supports projects that provide crucial network utility. Stellar.expert, Stellarbeat, and Lobstr are examples of current recipients, and we expect to see this program expand as good stuff keeps getting built on Stellar. This 1 billion xlm allocation commits us to grow the program and extend it for at least the next decade. Our approach to these grants, which are among the most efficient lumens we distribute, is to closely monitor the ecosystem and approach projects after they’ve proven their worth. The only “application” for an Infrastructure Grant is therefore skillful execution and community traction.
The community gets a more direct vote with our Community Fund, which this allocation will also support. And as we discover other effective ways to help independent devs and promote emerging projects, we’ll fund them from this pool, as well.
Currency Support
1 billion. Similar to the Infrastructure grants above, this is an existing effort that has seen enough traction to be formalized into its own program. Apps built on Stellar need reliable currency interfaces. Payments into and out of the traditional money system are the starting place for almost any Stellar use case. This program puts specific bounties on redeemable, fully-backed currency tethers, on deposit/withdrawal endpoints, and on ensuring Stellar’s markets are liquid. This program has helped get new network anchors in Mexico, Argentina, and Nigeria, and we expect more anchors in more regions soon.
Use-Case Investment
The other 10 billion from the original partnership allocation will go to identifying and fostering sustainable Stellar use-cases. Stellar is unique among blockchains because our network requires (and is particularly well-suited for) connections to existing financial infrastructure and enterprise. Our partnership grants have brought some great businesses to the platform, but we’ve increasingly seen advanced and high-potential projects like OXIO and Franklin Templeton come to Stellar with little or no partnership engagement at all.
After years of working with teams of all sizes, we’ve learned that the best builders are much more inspired by vision and technology than by a one-time infusion of lumens. They see Stellar as a tool, not as a source of funds. So, as we’ve made clear above, that’s where we’re putting most of our focus--on making the network as attractive as possible.
But sometimes long-term alignment is necessary, say, for a particularly large integration. For those cases, we’re moving to an ownership model. That will happen in two ways, both drawing their funding from our old partnership allocation.
New Products
2 billion. SDF will build and own some projects either itself or through subsidiaries. Filling gaps in the ecosystem benefits everyone. Users need products that need anchors that need users and so on. For the sake of the network, SDF should be willing to risk being a first-mover in that cycle. Where we see an opportunity to jumpstart a positive feedback loop with a product ourselves, we’ll do so.
One such SDF product is already underway. Right now, we’re assembling an intentional collection of anchors in Latin America and building an app around them. The eventual product, to be launched in early 2020, will be a non-custodial, cross-currency savings and payment wallet. As much of its code and infrastructure as possible will be open to everyone--for example, our wallet sdk already one public benefit of the build. The currency connections we’re bootstrapping for the app will be available to any other Stellar product. And, if the app gets traction, its user base will make connecting to Stellar more attractive for future developers and businesses. All SDF products will have this same ecosystem-first intent, design, and mandate.
Stellar Enterprise Fund
8 billion. This fund is a leaner, reimagined version of our old partnership program. These lumens will not be distributed as grants, but instead used to either acquire or invest in businesses that have potential for the Stellar ecosystem. Direct investments and acquisitions will give the Foundation special influence over our funding recipients--leverage that the grant structure lacked.
These contributions will be made in the Foundation’s name. SDF itself doesn’t have shareholders and pays no dividend, so whatever yield the Foundation earns from its contributions will be returned to this Fund to make additional contributions to the broader Stellar ecosystem.
The companies this Fund will invest in will be selected based on how much we believe they’ll help the whole ecosystem--which parts of their business they’re exposing to the network and how aligned they are with our mission.
User Acquisition
Finally, because giveaways like airdrops have been the least effective programs for Stellar, we’re only keeping 6 billion lumens from the original World Giveaway pool. Those will still go toward the giveaway’s original intent: to drive awareness and adoption, but they’ll be deployed in these new ways:
Marketing Support
2 billion. Indirect support like marketing, PR, and communications, is important to the Stellar ecosystem, and SDF can play a role in coordinating this work. We know this has been a blind spot for us in the past. Partially because blockchain is so overhyped, we’d always taken the stance that our work would speak for itself. But we’ve decided that doing great work and talking about it aren’t incompatible ideas. And, in fact, doing great work means you should be out there telling your story. Going forward, we will be more aggressive in marketing our basic technology and the many good projects already on Stellar.
In-App Distributions
We still intend to put 4 billion lumens in the hands of everyday people, but we want to do it through the apps that they’re already using, not through come-one-come-all giveaways. Therefore the lumens in this pool will go only to fund user acquisition for Stellar-built apps and services that have already shown traction in the marketplace.
These lumens might be distributed as airdrops, as on Keybase, or they might go towards more subtle forms of direct user support, like, offsetting onboarding (KYC) fees or deposit fees. The end goal of this allocation is twofold: to get more lumens out in the word, so people can use them. And to increase the number of people for whom Stellar is a day-to-day tool.
In total, after today’s burn, SDF’s lumen allocation is as follows:
sdf-mandate-funding
sdf-mandate-initiative-breakdowns
One thing we’ve been careful to ask ourselves through this process is: why burn at all? Obviously all the above could just as easily have been funded through SDF’s original programs, and funded with many, many lumens to spare. What we always came back to is, we should only keep what we’re confident we can actually use. And use relatively soon, at that--in the next ten years. That’s the proper scope for the Foundation. The ecosystem is already moving ahead on its own, alongside SDF rather than driven by us. We were never meant to be and would never want to be a perpetual custodian for Stellar’s programs. Getting to our goal and still having lumens at the end would serve no purpose.
At the same time, working backward from a set amount, to derive a plan from an arbitrary number, also serves no purpose. Trying to create programs around 85 billion lumens, just because that’s what we happened to have, felt turned around. So we turned it right. We detailed everything SDF could do to contribute to Stellar; we thought hard about the minimum responsible funding these activities would require--always being mindful of how quickly things can change in crypto; and then we added those numbers up. Everything else, we decided to eliminate. Those 55.5 billion lumens weren’t going to increase the adoption of Stellar. This bottom-up process was both enlightening and liberating. For the first time we felt confident enough to actually commit to an irrevocable burn and to commit ourselves irrevocably to a plan. So here we are doing that. We’re excited to enter this new phase of Stellar’s growth, and we’re excited to have you along with us. Thank you for reading.
XLM - Inverse Head and Shoulders Setup, Ready for Takeoff (~60%)XLM has a great setup here. You can see the rounded bottom it has formed since last month. It has reset the RSI from the previous pump and is forming a right shoulder of an inverse head and shoulders pattern. I think we may see big volume like we did last time and hit our target pretty quickly if this takes off. I'm entering here and buckling up!
Did my idea help you make a successful trade?
Donations are always welcome and much appreciated!
BTC : 136dZZ2XyUirYUX1nUXwrU6sGgaBNPiFnU
ETH : 0x2fda8b3ebf9f03078d2e4657ebca5c41ed020bf6
XRP : rPVMhWBsfF9iMXYj3aAzJVkPDTFNSyWdKy Tag: 395032582
XLMBTC formed bullish Crab pattern | Upto 27% potential tradePriceline of Stellar Lumens / Bitcoin cryptocurrency has formed a bullish Crab and entered in potential reversal zone.
This PRZ area can be used as stop loss in case of complete candle stick closes below this area.
I have defined the targets using Fibonacci sequence:
Buy between: 0.00000717 to 0.00000667
Sell between: 0.00000755 to 0.00000849
Regards,
Atif Akbar (moon333)
XLM end of the bears 2000 sats incomingSo i undervaluated the power of the bears in my last charts as 99% of traders did, i said XLM was near bottom and i was wrong.
Here you can check out my old BTC analysis more accurate because BTC is just older and more easy to predict :
it's very difficult to analyse some kind of new products and new technologies, as crypto alt-shit-coins are very new.
A good trader have to start from multi months and sometimes years to try to read the future in his crystal ball and this is impossible with new coins.
in this older analyse you can see that i made a screenshoot about MACD and told that would be the last month of the bears, and on this one i was right.
As you can check MACD is turning Green and Columns starting to be smaller. no need to look at the rest MACD is the most powerfull indicator in Trading.
So! for now based on Fibo retracement the first target for XLM is 2000 Sats! the rest is only patience! just wait for MACD cross up !
Don't forget all i do is for fun and for free. i don't have any Twitter/Facebook/Website or paid VIP channel. just share my view and trying to be more efficient day after day!
Happy Tr4Ding !
XLMBTC has formed bullish BAT | Upto 519% gains expectedPriceline of Lumen / Bitcoin cryptocurrency has completed the formation of bullish BAT and entered in potential reversal zone.
Stochastic is oversold.
MACD upto 3 weak chart is turning bullish:
The next candle stick can be closed sideways within the potential reversal zone and soon from this PRZ area it can take bullish divergence soon insha Allah.
I have defined targets using Fibonacci sequence:
Buy between: 0.00001461 to 0.00000837
Sell between: 0.00002951 to 0.00005186
Regards,
Atif Akbar (moon333)
C & H XLMBTC ; Short to mid to long Another parabolic upswing for the optimum entry making it poised for an ideal shortsell position
Essentially this is also a viable Long position and TP target for short and Long are both presentable As entry points indicated by the lines drawn on earth he chart you see above.
Short @ 838s
Trade safely and invest wisely. Peace & love.
@a1mtarabichiShort to mid to low
XLMBTC BULL ROCKETTop coin that has not shown itself properly yet Stellar Lumen
Stellar is an open source, decentralized protocol for digital currency to fiat money transfers which allows cross-border transactions between any pair of currencies.
In 2014, Jed McCaleb, founder of Mt. Gox and co-founder of Ripple, launched the network system Stellar with former lawyer Joyce Kim. Before the official launch, McCaleb formed a website called "Secret Bitcoin Project" seeking alpha testers
I know people who work in XLM project in the USA, San Francisco, where there are many exchanges such as Coinbase. Sometimes, I communicate with them and I understand that we can expect a lot from them in the near future.
In fact
18% of coins are in circulation. CAP 105 142 706 350 19 425 800 489 XLM.
While Ripple 40% are in circulation. CAP 99 991 588 101 XRP 42 566 596 173 XRP
Involvement on Github is growing
Global Bids: $5,034,562.42
Global Asks: $4,526,580.27
Event coming on this coin:
17 July 2019
Toronto Meetup
22 July 2019
DOGET for XLM Holders
31 August 2019 (or earlier)
Minor Release
30 September 2019 (or earlier)
Projects Using Wallet SDK
30 September 2019 (or earlier)
Kelp Bot Improvements
30 September 2019 (or earlier)
Improve decentralization
30 September 2019 (or earlier)
Improved Node Management
31 October 2019 (or earlier)
Minor Release
04 November 2019
Stellar Meridian Conf.
31 December 2019 (or earlier)
Q4 Protocol Upgrade
XLMBTC shorts and long exit points
TP Target short 1 & 2
(LONG) 940s
stop at 814s
Excellent timing for this consolidation as this, EOS and Xrp are the 3 alts that seem to be trailing behind the bull run and didn’t get a proper altseason yet.
It’s looking like that might happen today for XLM and XRP soon. I didn’t get a chance to check EOS yet but I wouldn’t be surprised.
Many people forget that XLM Is a multifaceted digital conversion and payment facilitator so it is only organic & normal for its priceaction to be in tandem with that of other coins like BTC/BCH/LTC and IMO the reason it got overlooked and most people don’t see that the bullrun is coming until it’s too late so here’s your chance choose not to FOMO!
Further evidence is bolstered by the volume index and wedge on the XLM BTC pairing as well as XLMETH
Disclaimer
This is not a financial advice it is purely for entertainment and educational purposes. Also looking like PTCUSD is due for major surge which Was expected anyway yeah with the news of social media summit and potus tweeting about Crypto for the first time, It might facilitate an expedite that run. invest carefully and have a great weekend!
@a1mtarabichi
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
WHY CAN XLM ABLE TO BOUNCE 3000% NEXT FEW WEEKS ??Traders,
Here we have XLMUSDT 1D chart.
It's an interesting idea with interesting title, So let's immediately explain.
XLM time history only found on POLONEIX Exchange..and by looking at the chart we have a situation here:
1- 50MA 100MA 200MA all crossing each-other with an important GOLDEN CROSS 50 over 200
2- ABCD triangle which is the only one left not broken yet comparing with the rest of all pairs.
Okay that's very bullish, but that's not the interesting part the thing is by looking at the same exact situation of crossing and pattern we will find at happened once
on 12th Nov 2017 here below:
and then guess what ?
3300% I absolutely don't confirm that it will happen but it worth to take a good look from traders.
If you appreciate this kindly press LIKE.
Regards,
Mohsen
4 Bullish Reasons For Stellar (XLM/BTC)I'll cut to the chase and say that I am bullish for Stellar in the short term.
Reason #1: It is my belief that Stellar found it's bottom and the recent bullish move that followed Bitcoin has only strengthened my opinion on this matter-
Reason #2: Looking at the charts we can see that this is a classic falling wedge formation. d.stockcharts.com
After a big move up not long ago we have stayed in this wedge formation and a move above the upper trend line would be very bullish.
Reason #3: Volume has increased in recent weeks and the volume is also showing a possibiliy of buying increasing in anticipation of a further leg up.
Reason #4: Bullish Divergence. On the MACD we can see that despite being in a falling trend we are showing bullish/positive divergence which is a key element to look out for when spotting a falling wedge formation.
Keep an eye on the top of that trend line, a break above could be very good for Stellar.
Happy Trading!
$XLM Definitely Still Looking for It's Support. Decision? Accum!I'm placing one of my biggest bets among the other few on this alternative coin.
I believe we're just really on the beginning of the development and Stellar Lumens has one of the progress so far.
Well. that's me. You do you!
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TIPS: PATIENCE & PERSISTENCE ARE KEY TO SUCCESS
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. I will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
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XLM Fast Scalp M15XLM is bullish so if u have time it can be easy to make some scalps on 15M Timeframe.
Scalping can be easy and fast gains but can be a nighmare if u don't set ur own rules.
When u trade a bullish coin you have more chance to win because u follow his bullish movements.
in this case method is simple as you can see in the graph.
Buy Around 1750-1760ish
Sell Before 1980-19990ish (usually peoples sell at round numbers like 2000...)
Stop Loss under 1600ish ( EMA200 support )
and like i always say follow BTC Trend while u are scalping. if BTC down usualy Alts follow BTC.
u can see on the graph the drop to 1700sats was caused by a small BTC dip.
Stay Safe.
Happy Tr4Ding !