Stellar (STR/XLM) Wedging Up?
Updated
While the market has been correcting again these last few days (largely end of year accounting), Stellar 0.27% (STR/XLM) has been moving sideways to form a nice wedge/triangle, indicating a good chance for an upward breakout, especially after we pass the new year.
Stellar 0.27% , at still just above 30 cents, is one of the alt coins I see a lot of potential in. Transactions on the decentralized Stellar 0.27% network resolve in 2-5 seconds for a fraction of a cent, aiming to facilitate low-cost payments between different currencies. With a team of top technology and finance professionals, the nonprofit Stellar 0.27% .org expands access to low-cost financial services to fight poverty and maximize individual potential.
Looks interesting to me with a lot of upside potential. Of course, "this is not financial advice". I'm just sharing my research, thoughts and ideas.
Wishing you all Happy New Year and
All the very best wishes of luck in your trading ;)
Stellar 0.27% , at still just above 30 cents, is one of the alt coins I see a lot of potential in. Transactions on the decentralized Stellar 0.27% network resolve in 2-5 seconds for a fraction of a cent, aiming to facilitate low-cost payments between different currencies. With a team of top technology and finance professionals, the nonprofit Stellar 0.27% .org expands access to low-cost financial services to fight poverty and maximize individual potential.
Looks interesting to me with a lot of upside potential. Of course, "this is not financial advice". I'm just sharing my research, thoughts and ideas.
Wishing you all Happy New Year and
All the very best wishes of luck in your trading ;)
Trade active
It's now breaking out to the upside of the wedge/triangle amidst rising volumes. MACD is breaking green upward with lots of upside room. It looks good to me at this point.Trade active
We are off rolling again... $10 USD parity in 2018? Given the way this market can sometime move, as well as the fact that STR (XLM) is valued far less than any other of the top 18 crypto currencies, I wouldn't be surprised at all to see it pass 1 USD parity in the coming weeks-month and even break the double digit value (i.e. $10) in 6-12 month's time, but who knows.
Stellar (Lumans) (STR/XLM) is supported by IBM, Deloitte, Stripe, Google.org, Blackrock and loads of other big companies.
All the best luck trading
Trade active
It's going Stellar after US Dollar parity.Trade active
Seems like we hardly noticed at these Stellar speeds that it just had a 12% correction from near 90 cents back to below 80 cents, which pulled the RSI and MACD down to zero out again, refuel, and bounce off of back up through this resistance to targeting US Dollar parity and beyond. 
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