XLMBTC trade ideas
11.12.2019 - Stellar (XLM / BTC)Hi Traders!
Today we are betting on altcoin against Bitcoin again. In recent weeks, this is the most interesting segment of the entire market. In particular, we will look at the XLM / BTC.
Why this coin?
In the upcoming days, there could be an upward break . The graph nicely shows 5 upwards waves and then ABC correction. Moreover, the last structure resembles a falling wedge and, in addition, we are on long-term support. The only missing thing here is an impulse. We are in a zone of a highly probable hard break , that won't be missing volumes either.
The whole market is currently very difficult to predict. Bitcoin has been going sideways for two weeks. Both big and small altcoins write their own stories as well. At the moment it's very difficult to find such a nice construction that would have a chance to grow. Despite the graph looking very good, we need to break out the falling wedge.
May the crypto be with you!
XLM - Lumen's Massive Inverse Head and Shoulder (80%+ gains)Hey team! Not to bombard you with XLM posts, but after looking at the chart again, I noticed an inverse head and shoulders setup that I wanted to bring to your attention as well. With nearly a 400sat head height, our target is just shy of .00001350. Just in time for the holiday!
XLM In Buy Zone, loading for launch!XLMBTC
Staged for takeoff,
Bullish Harmonic XABCD Formation found with the @coinbsalgos Scanner
And currently in Phantom Script Buy Zone
Accumulation: 748 to 743
Target 1: 804
Target 2: 849
Likely larger targets due to market sentiment being in Altseazon.
Links to Indicators are attached.
Stellar Lumens Potential 200% Play - Daily AnalysisJust like every other altcoin, stellar lumens looks very bullish. It's finally stopped bleeding, and found support at a known monthly level @ 755 sats.
For the last 5 months, price has been in accumulation around that level and is starting to breakout. We can confirm this movement by the 'golden cross' of moving averages, meaning the 200MA (white) crosses the 100MA (red).
Entry at the Monthly Level Support @ 755 sats
(Anything below 755 sats is a GREAT buy)
1st Target SELL @ 1250 sats for a 64% gain
2nd Target SELL @ 1708 sats for a 136% gain
This move may take a few months to play out, but it will. 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..
Anyways, If you want to stay updated on this stellar 200% play as well as other altcoins, feel free to join my telegram groupchat. There's a little over 200 of us in there right now talking all-day about altcoins. If you're already in the Telegram, shout out to you guys you're the best!
xlmi am not bullish or bearish but if btc runs to 16541 xlm goes 31 cents and retraces vs btc to make a head and shoulder again while btc goin 20 k xlm wont move which is what it did in 2016 went to 3.1 and btc went to 1156 xlm didnt move. and it goes 20 percent down vs btc while btc goin 20 k and retrace 10 12 percent that would take it to 25 cents xlm while btc hits 20 k but here is the killer btc will go down to 13800 and i dont believe xlm will complete that god damn head and shoulder until btc retracement is over which is 30 percent more cut from 25 cents we will go 17.50 cents. Of course if btc moves, I think they made everyone paranoid as fuk so 16k might be closer than 5800