XLMBTC trade ideas
Stellar XLM After we'd reached the top of the horizontal channel which is the accumulation zone, XLM went down and now we are at the 61.8% Fibonacci level.
Stellar grew in correlation with Bitcoin. During the last weeks, only two coins were growing paired with bitcoin - DGB and XLM.
In my opinion, we are still in the zone of accumulation. After we'll break the resistance line we can see a very big upward movement and it will be a new bullish cycle.
Best regards EXCAVO
Stellar Rally: Once Stagnant Altcoin Outperforms Bitcoin By 30% The altcoin known as Stellar, or XLM, has stood strongly alongside XRP as two of the worst-performing cryptocurrency assets of the last few years. But the asset’s woes could soon be turning around after a significant rally aginst Bitcoin took place right under investors noses. Is this another sucker’s rally, or is Stellar about to finally stage a strong, full-scale recovery and kick off an altcoin season? After over two years of a bear market, a year straight in consolidation at lows, and a fall of over 90% from its all-time high, Stellar may finally be ready for a major recovery. The altcoin recently had a powerful rally on the XLMBTC trading pair, sparking a rally of over 30% against the first-ever cryptocurrency – outperforming it by a large margin. The rally has taken XLMBTC from lows to a retest of the downtrend line from all-time high. After spending over a year consolidation at these low prices, Stellar could be ready to come out from accumulation, and mark up could be next. A break of the downtrend line would cause an explosive boost in buying power from XLM bulls, who have less diagonal resistance to deal with stemming back from the asset’s all-time high. Lack of Interest in XLM, Could Signal Altcoin Bottom Is In, and a Rally Is Next Scan the pages of Reddit and crypto Twitter, and you’ll be hard-pressed to find anyone talking about this recent Stellar rally.
After the asset holders have spent two years in the gutter, few are even paying attention to the altcoin that was once ranked in the top ten crypto assets by market cap, alongside heavy hitters like Bitcoin, Ethereum, XRP, and Litecoin. The shiny new altcoins Tezos and Chainlink pushed Stellar out of the top spot long ago, but this recent rally could prove to give the asset a chance to reclaim the top ten, or at least come close to it. Markets are cyclical, and its when investors lose faith, give up, and capitulate, that the asset often finally turns around. Evidence or a complete lack of chatter about the recent rally could add credence to the theory that the asset has bottomed, according to the read on sentiment, and XLM could pump right out from under their noses. With how explosive altcoins move when they do finally break out, Stellar could go on another spectacular rally like the one that took XLM to its all-time high price in late December 2017.
XLM/BTC now 10% up but still 300% Potential from here#XLMBTC TA Update:
Current Price is 838 SAt.
#XLM again bought at dip and now 10% up but very Potential from here.
I hope you bought.
I am holding for mid term for huge profit.
first if #XLMBTC breakout upward side 950 SAt then Next Target would be 1412 Satoshi.
if more dip I will buy more XLMBTC.
S: 750/650 Sat
R: 950/1412/2150 Sat
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XLM/BTC Bull V/s Bear Fight Chart Analysis #XLMBTC TA Update:
Current Price is 730 SAt.
#XLM now good Dip.
I am Buying some Here at 730 Satoshi and some bid placing 650 Satoshi.
I am holding for mid term for huge profit.
first if #XLMBTC breakout upward side 950 SAt then Next Target would be 1412 Satoshi approx 80%.
if more dip I will buy more #XLMBTC.
S: 750/650/560 Sat ( I place buy Bid at every Support)
R: 950/1412/2150 Sat ( first we need to break 950 Strong Resistance level.
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XlmBtc Await Big pumpHello friend,
Follow up from our previous analysis where we spotted price moving in falling wedge formation, its very clear now as the wedge pattern have break out and price is now in accumulation phase before the big move will begin.
To learn more about our previous view on XLM here is the link to the post.
This new update focus more on the newly trading range which I believe its for massive accumulation.
Do accumulate as much as you can based on your risk plan and always remember to apply basic stop loss.
Kindly go through the chart and do leave us your comments to let us know how you feel about our view,
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XLM/BTC 309% Potential so I bought and wait for Huge Returns #XLM/BTC Update:
#XLM bounce back from 750-800 Support now 13% up I hope you grab some #XLM at dip.
I am accumulating More #XLM
Target : 1348 Sat.
Guys I will buy more #XLM?BTC when dip.
every dip I will buy more and More.
50% holding For Long term and 50% scalping for small small profit on every Big spike and again buy at dip.
I hope you understand my strategy.
Safe trade earn huge
S: 750/650/586
R: 1348/2150/2944 Sat
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XLM/BTC - 1 year accumulation after a 200-day drop.
Almost one year goes by XLM accumulation
EMA 50 and 200 show the intention to continue the trend.
It is mandatory to test the intersection zone before growth.
The asset has fallen by almost 90%.
Do we wait for full recovery and new heights?
Well, there will be at least a half recovery of the fall, after leaving the accumulation of their 100% can be taken away.
There's a bullish takeover on the monthly timeframe.
Let's take a closer look at the schedule:
XLM/USDT
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XLM/BTC now 15% up within few hours still Bullish#XLM/BTC Profit Chart:
Current price of XLMBTC is 907 satoshi.
and 50% profit from our January Chart.
#XLM finally booked 15% profit within few hours.
I told you yesterday at 800 Satoshi and I also bought at that price.
short term Trader you can take profit partially I also booked profit my 70% holding and Long term Trader you can hold it for huge profit and I also holding rest 30% for long term.
Support: 800/675 Sat
Resistance: 950/1412 sat
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XLM/BTC 318% Potential Chart and Strongly Bullish as per Chart#XLM/BTC Chart Update:
Current Price is 807 Satoshi.
#XLM Accumulation phase very Strong.
Very long time Whale accumulating Very huge Value.
so Buy #XLM between This Green Box.
try to catch low as posible.
I am also accumulating at every Dip.
and Hold for good Profit.
Entry Level :- 700-800 sat is good entry Level.
Support: 675/565 Sat
Resistance/TP: 1412/2179/2901 Sat
* Resistance = Targets
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