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XLMEUR trade ideas

Weekend duf...Weekend duf: nothing exciting to mention for crypto markets. XLMEUR has been traded around 0,24 / 0,25 the last days. For higher highs we need to break the support line at 0,25. RSI levels remains relatively high between 50-60. Sathosi wise XLMBTC is now trading at 3881 and it would be good to see this going back to 4k. Expectations for this weekend IS: Neutral XLMEUR: between 0,23 and 0,26 XLMBTC: 3700 and 4100 sats What would be good: If we break the 0,26 and slowly move up again. Jed announcing some new projects However: the BTC whales will probably attack to push BTC below the 7k mark. I am going to enjoy the sun this weekend Have fun!
by tradingpike
Weekend!The nice thing about crypto currency markets is that they trade 24/7. I have not sent an update since Thursday morning. 2 things: again XLMEUR is following my channel. Furthermore the support level is clearly confirmed. We have now reached the rocket to the moon. But will it lift off? I have no clue to be honest. We have traded side ways and down for 3 to 4 weeks. I think it is time for a reversal. But when? My IS would is moving to Long. Hopefully we can reach Satoshi level 5000 is a couple of weeks!
by tradingpike
Weekly wrap upLot's of excitement this week with crypto markets going down driven by FUD. Yesterday showed a nice recovery for XLM. If you look at Coinmarketcap you see that XLM made the best recovery in the top 10 market cap. For now I see that we are still in a downtrend channel. I believe we need to cross the 0,33/0,34 EUR level to see a new uptrend. Who knows, maybe it will happen next week. However I think more likely we trade side ways for some time in the down trend channel. My targets for this week: XLMEUR: 0,33 XLMBTC: 0,00004300 BTCUSD: 8500 RSI on XLMBTC: remain in 40 to 60 band Have a great Sunday
by tradingpike
FUD Friday is overFUD Friday is over... Fuelled by some bad crypto new everything went down yesterday. XLMEUR reached a low of 3500 sats and hit 0,25 eur cents. So quicker than expected we hit my bounce area. I am leaving my chart set-up as us for now... For today: XLMEUR sats level back up to 3750/ eur 0,26. Furthermore I expect that we remain in the bounce area for a couple of days. Good to reflect on our set-up and look ahead. Tomorrow I will make some projections for next week. Have a great Saturday!
by tradingpike