XLM/BTC, Bullish Butterfly (Monthly chart)Seems like there maybe a bit further bleeding even though I'm hoping XLM has one of those DASH pumps that we just had which I got a good amount out of. XLM/BTC looks bullish to me longterm once zoomed out and looking at the monthly having nearly completed this harmonic and the stoch rsi just waiting to cross bullish.
@moon333 here on TV posted a monthly chart as well but that doesn't look too accurate to me, although he has more experience and could be right. However this is the way I am seeing it. I did buy some at current levels for the longterm (unless we get a DASH like pump and then I will sell to book profit and rebuy lower).
XLMBTC trade ideas
XLM/BTC | Key Channel AnalysisWaking up to a smile is nice, the market looks nice and may have everyone yelling HODLLLL. I don't get excited when I see all this "hype" produced by these noobs, analysis and trade. If a coin is going to moon then wait for it to break channel resistance if it's such a sure thing, that goes with any stock/etc...
This analysis is just to show you key levels of support and resistance. If we can hold this channel, you see your buy and sell zones :)
DotcomJack
As always, I am not a financial adviser nor am I providing financial advice.
XLMXBT 1 day chart: is it in a 5 (impulse) wave up?Possible scenario (to be confirmed):
- Wave 1 seems to be a very ugly leading diagonal
- Wave 2 is a good looking zig zag retracement
- Upcoming waves 3, 4 and 5 are plotted based on normal impulse wave rules, however there is not sufficient data to confirm.
The pitchfork is used to have a sense of the slope, though insufficient data to confirm.
Stellar Lumen-XLMBTC-
The situation is not so bad.
-XLMUSD-
It has entered the long-term downtrend line.
Something worried happened.
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Unlike other coins, XLM has kept prices near the XLMBTC's high point by around November 2018.
In 2019, it fell sharply.
I think more time is needed for XLM to rise.
Think about it and think carefully about your investment.
$XLM/BTC Falling Wedge pattern - bullish break out expectedOn the short-term XLM/BTC chart there is a Falling Wedge pattern.
But price can go in both directions considering current market sentiment.
Thorough XLM/USD and XLM/BTC analysis here .
Do not forget to use stop-loss.
Trade carefully and good luck!
Stellar Lumens - 4H Trade IdeaDue to popular demand, this is a zoomed in version of my last Stellar post about the imminent breakout of altcoins and the topping of bitcoin dominance.
The move up to 898 sats was held by a historically known resistance level. From there since it didn't break out, the move failed and found the lowest support it could at 685 sats.
Entry at the Support @ 685 sats
(Anything below 755 sats is a GREAT buy)
Short-Term Target SELL @ 898 sats for a 32% gain
Long-Term Target SELL @ 1250 sats for a 64% gain
History repeats itself on all of these altcoin charts, let alone bitcoin. It really is the start of altcoin season and I could make a chart on every single altcoin, they ALL look the same..
As always please do your own research, I am not a financial advisor.
XLM / BTC 4 HOURMS STELLAR, WHY YOU LET US WAITONG SO LONG MEN?
It's looks we getting some serieus fireworks or big nasty red dinosaur bite!
* Is forming a big falling wedge from the beginning of November
* Volume almost 0 zereo
* The slope of the moving averrages on the MACD showthe bearish momentum looks it's decision time
* We need to break the trendline on the RSi who's who's pushing the price down.