XLMBTC trade ideas
XLM / BTCTook XLM / BTC into log scale & added more time and we can see what the future holds.
1 thing is for certain BTC will most likely continue to climb into 2021 and any dips & pull back will not be a bear market.
So we can assume that we r in a full blown bull market now since May 2020 IMO.
The question is where does BTC top. Most analysis I respect point to a top around $190k.
So If history repeats itself we should see XLM (And all Altcoins) follow a similar path, that path is 18 months from bottom of the range until top of the range.
I have outlined the top of the range with different price targets I strongly believe we will have 6 months over 2021 where BTC will continue to push higher until finally peak is reach sometime this year, If that peak is reach B4 summer than we have our alt coin targets if that peak is reach by end of 2021 then our alt coin targets will be much higher ;).
So the idea is that soon BTC.D will push higher and keep alts under pressure, maybe even 81% BTC.D this will bring the peak in BTC price.
Then Dominance will have small & large corrections in the bull market. This will allow alts to play catch up.
So any and all dips for the next year are strictly for buying and no selling your alt coins until sub 40% BTC.D is allowed by anyone following my analysis or the gods of crypto will fomo you back in at higher prices all year.
XLM (Stellar Lumens) on the way to make an upwards move?XLM BTC chart (4h) looks like a setup that can be played on the long side, certainly when 0.00000500 should be broken (breach of the purple resistance line acts as confirmation). 4h Bollingerbands could prove to be (temporary) resistance (possibly in confluence with that purple line). The chart speaks for itself I suppose. The red lines (under) show where support can be expected when no upwards break occurs, or when it works out to be a fake one.
A fake break-out (an initial move out of the wedge like pattern, which is subsequently reverted) can never be ruled out, so timing of the entry should preferably be managed through analyzing the lower timeframes. RSI divergence supports the possibility of a bullish move. A logical target is 0.00000700, previous resistance/top of December 25, 2020. Note that the upper line of a parallel channel could prove to be resistance as well.
My first idea on Tradingview, so I will probably struggle with how exactly to bring them in the beginning.
I drink your milkshake...XLM to new all time highs!? Fun to look back on some oldies, haven't touched this one (XLM vs XRP)...is this just the beginning?
There's certainly a narrative for it (can read about that in the description of this published chart agains USD)
haha benjamin lawsky broke the lawsky LOL but seriously xlm was made to be a better version of rippel without the brad garlichouse and crazy company which holds all the coins LOL ...or something like that
this could be the larp of the year, wait which year? LOL
anyway, i love this chart, i almost want to make love to ti tbh. Another edition of how to be the best in the world. hope u enjoy these. might want to get some cheap coinz while u still can
XLM at last support Stellar is the hardfork of XRP. The XRP SEC thing is affecting the price of XLM also. XLM is now at the last support zone. This is only TA-based trade and you must have a stop loss as if XRP dumps more we see more dump in XLM too.
Buy zone: 460-470
Target: 525-570-630-695-770-850-930
Stop Loss: 420
XLMBTC Deep into resistance zoneXLM seems to be finally splitting from XRP's downfall. We are deep into a major resistance area with a nice double bottom forming as well as hidden divergence on the RSI.
Entry - 0.00000525 After a bullish confirmation candle above the downward trendline
Stop Loss - 0.00000480
Target - 0.00000820
over 6:1 risk/reward
XLM Best Altcoin we have= XLM to $126,40 new ATHDear traders,
i was calculating XLMBTC in a new ATH, last time was 86X, now i am calculating 20X, not so crazy.
But when BTC is 100.000 then XLM will be $126,40
USDC will be in the stellar network and with IBM the new digital dollar, so what you think will happen to XLM??? Blowing your mind off.
Did you see the background of IBM into the stellar network, it's full of software. look at the stellar site, you will be amazed.
a lot of people don't know anything about stellar, dive into it. it's much more then all the other coins together.
So yes it's a bit crazy $126,40, but 1 thing is sure a 2X is sure and that is also $12,64 per XLM.
Good trading,
Hans
XLM/BTC long term graph showing possible pathsXLM/btc
Take a look at the xlm and xrp /usd charts for these highlighted periods. Both look possible. I am leaning towards April 17 option though (pink).
I am always wondering which to hold more of though. If pink replays then XLM is the one to hold. So after XRP snapshot ill be re balancing much heavier into XLM.
Let me know what you think! I've been doing these type of charts/analysis for years but never published them before. :)
GLHF
XLMBTC is inside a triangle ๐ฆXLMBTC is inside a triangle, and the price is testing monthly support. IF and only IF the price will lose the support and turn into new resistance, According to Plancton's strategy (check our Academy), we can set a nice order
โโโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
XLM reversal?XLM showing signs of an uptrend.
On 30 minutes chart, there are some bullish signals, now we are waiting that those signals also confirms on hourly chart.
If blue line crosses maroon line and if candles break through the cloud, then we can expect 1000 sats in a couple of days.
The yellow rectangle represents kumo cloud on 4h chart. If todays price closes around 900 sats, than we are going toward 1000 sats, based on ichimoku cloud principles.
RSI is showing an uptrend on 30min,1h,4h, 1d