Lot's of TA floating around, some more consistent than others. Here is my idea for the future. Let's see how things progress. Hoping to hop back in on the low like the rest of us on the sidelines ;) *This is not investment advice.
Chart update: We did not stay below 1300 sats long enough to fall back to the lower channel, I personally missed the opportunity and had to re-enter at 1500 sats after the confirmation. Let's see if we get the volume back to maintain this trend up to our next major resistance! If we break through the green line, the moon is the next stop! *This is not...
Guess I'll try this again, not sure what happened to my first daily chart from 20 mins ago haha. Bearish zone on the daily RSI as I've highlighted. We've tested the resistance several times on the way up, she needs to correct in order to continue climbing. XLM will scoot above 2k sats, but needs to dip into 1100-1200 range. I just closed my position at 1600...
You can see it more in detail here, but she broke out of the descending wedge and has started up a new strong uptrend channel like it was supposed to, let's hit those profit targets! *This is not investment advice. *Disclaimer: I own IOP Happy Trading!
I don't like it any more than you do. The red line is a SL at 1377 sats. If it breaks that, it'll fall to the next channel. Let's see what happens. I'll update my daily XLM chart too. *This is not investment advice. *Disclaimer: I own XLM. Happy Trading!
I saw this forming yesterday on the hourly, looks like the daily has the bearish indicators too. I may close my position today and wait for re-entry around 1100-1200 sats. I will update if I do. You can see it caps out at the top of the wedge, confirming the resistance, even more, every time it does. This needs room to grow, because it will not stop growing for...
Green line TP1 White is stronger trendline Red is weaker trendline, will it hold? Bring on the volume and I say yes! Yellow lines are from the daily descending wedge, check out that chat for the full picture! *This is not investment advice *Disclaimer: I own IOP Happy Trading!
Amazing chart! You can see it just like I do, we are ready for launch! I've set no stops, this is our bottom in my opinion. 60k sats TP 1, over 100k sats TP 2 for the lofty goal. Longs will see higher ;) I will look in more detail at the 240 and 60 min charts, stay tuned for updates :) *This is not investment advice *Disclaimer: I own IOP Happy Trading!
You can see we are about to cross over on the MACD on the hourly, good volume today so we could push up to next resistance level of 1550 sats. As you can see, we are closing candles outside of the resistance line on the hourly (4hr chart about to confirm), which has now become our new support level. Next trend should make 1550 our new support level. Let's see how...
You can see the main channel in white, if we can break out of that again we should see a fast climb up to 1500 sats if we get the volume behind it. We need to close a candle above 1050 sats to see the breakout imo, if not, we'll see XLM swing between the main channel support and resistance lines until we get good news again. This green uptrend is stronger than my...
We broke out of the trend, not enough volume. Bullish trend continues, only at a slower pace. Once volume picks up this should fly! *This is not investment advice *Disclaimer: I own XLM
You can see both blue circles show bullish indications with the chiku span above the cloud now on the hourly, and the Moku twist now showing a bullish Senkou A top. On top of that, a new uptrend channel is formed, my guess is we'll see XLM climb back to previous weeks highs, then higher before a slight drop only to keep on truckin' and go higher. New ATH possible...
Second chart, much more confident, as lines and vodka represent... haha jkjk, but obvioulsy the trend is on ponit
My first chart! Take it with a grain of salt haha. Solid Elliot wave here. My latest entry was at 680 sats, target 1100 sats for next swing. Certain rumor news happening or not happening will void this chart imo. *This is not investment advice.