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Stellar Hit Bottom And I Will Explain Why (Huge Bu-Potential)The reason why we can know the bottom is in for XLMBTC (Stellar) is very simple, let me explain!
Look at the All-Time Low, it happened in early June while the rest of the market went on to crash in early August. XLMBTC was moving up in August and even produced a green session the 5-August week. The
Wrecking Ball6.5 years and -98% later, XLM is still getting r***d by the BBC, oh sorry, i meant BTC. no sign of reversal on the RSI. Breaking below every support level. last chance is the bottom support line and if it goes below that level, XLM might be in an eternal downtrend against an asset with declining ROI
Bootylicious Broadening WedgeIn the real world, a patter like this should not exist. But this broadening edge suggests that an XLM to BTX ratio could be 0.00037, which means that if this happens when btc is at 140k then XLM would have to be at a staggering 53 dollars, which means its market cap would have to be at 1.5 trillion
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.