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Lumen

XLM/USD:Wedge break to .092 hurdle, run to .14 reaching for .25 XLM has been a falling knife for two years with no sign of a bottom. XLM has been stuck under a descending trend line that it last tried to penetrate unsuccessfully last June during our bull run. XLM was one of the few that saw an additional rally in Nov 2019 and then saw its low .04 in the middle of December around the exact same time that BTC put its low in. This low also confirmed a descending channel that was on a direct collision course to penetrate the descending trend line and possibly push XLM above the descending trend line after two years of successful repression. We formed a descending pennant/wedge and a channel where we broke up out of the pennant and the 2 year descending trend line around 5.Feb. Now we are stuck at the top of our newly formed channel. It feels like there is a good chance we could pull back to .06cents to validate the top of channel as support before heading back up to break the channel but also the way Crypto has been running, it may not look back. -We know there is fairly strong correlation between XLM and BTC so it is likely BTC that will determine the overall outcome. If BTC breaks $10,600, there is a good chance we see it run to $14k. BTC still has a lot of room to do a perfectly healthy pull back. Overall sentiment and trend for BTC is quite bullish. The price of BTC is currently the #1 technical indicator for XLM so keep an eye on it. -if we stay in channel, sink back below the trendline and continue descent. Look for a break back under the 2 year descending trend line (around .06cents) as a fairly strong sell signal with bottom of channel being a fairly strong buy signal (Around .036). We just broke out, upward from a fairly large year long descending wedge, we broke out exactly in the area one would expect a wedge to break out. Because of this, it seems more likely that XLM, along with its flourishing relationship with IBM will continue to run higher. Expect some turbulence in the price points outlined - our next resistance at .092, but it’s a fairly light resistance, breaking it should see next resistance around .13 & .14 cents a nice 100% gain from today's price. If we beat out that .14 cent mark, there is a potential for a hiccup around .20 and then significant resistance around $.25 cents, about 350% gains from today’s price but still a long way from its ATH of almost $1.00. This is not investment advice, its merely observations I have made in my efforts to do my own research. You should always DYOR! Also please consider looking at real time and historic books and market depth signals at our site, vcdepth.io Something else we do that no one else does is combine data and make our own OHLC dynamically on the fly based on the exchanges you choose. So here is all of the exchanges we track combined for a global view on XLM. Also we have the most common signals so such as RSI show here as well as our own signal, Market Depth Ratio (MDR) also shown here.>
BINANCE:XLMUSDLong
by EncryptShawn
XLMUSD Has Formed Crab Within BAT And Competed The Bullish SetupIn my previous post I elaborated that how the price action of Stellar has formed a very big bullish BAT pattern on month chart and completed the bullish setup for upto 596% gains. But the recent bearish move of price line that was started since Nov 2019 to Dec 2019 and leaded the price action more than 53% down. The above bearish move pushed the forced the price action to hit the support of potential reversal zone of this big bullish BAT pattern even now the price action is hitting the spike beyond this PRZ support. But now the price action of Stellar has shown another positive move that it doesn’t move down straight even it is moved down in another Fibonacci sequence which can be clearly seen on 2 day chart with Heikinashi candle sticks setup and it has formed bullish Crab pattern within this potential reversal zone of bigger bullish BAT pattern. For last leg the price action was required to retrace between 1.27 upto 1.618 Fibonacci sequence and if we measure its move then it has retraced upto 1.283 and full filled the requirement and confirmed that it is a bullish Crab: The above harmonic move of Crab pattern has confirmed that the price action is ready to move up again and the next candle on month chart will be moved again within the potential reversal zone of big Bullish BAT pattern or sideways with the current candle and the fear of breaking down the support of this PRZ level is decreased even finished. Now the targets can be two: For mid term trade on 2 day bullish Crab pattern: Buy between: $0.048953 to $0.038544 Sell between: $0.057035 to $0.076600 This trade setup has potential to give upto 98% profit. For Long term trade on month chart bullish BAT pattern: Buy between: $0.110241 to $0.059381 Sell between: $0.231517 to $0.413568 This trade setup has potential to give upto 596% profit. But if the candle stick closes above the 0.786 Fibonacci projection of A to D leg of bullish BAT which is at $0.413568 then the price action may achieve the highest price ever in the history of xlm or atleast it will hit the final resistance of 0.41 dollar. In both trades we can use the support of potential reversal zone as stop loss in case of complete candle stick closes below this PRZ level. Regards, Atif Akbar (moon333)
KRAKEN:XLMUSDLong
by moon333
Is it the beginning of the end or the end of the beginning? #5If you want to be a master on trading, You must review over thousands charts! And, sleepless nights! There is no overnight success in a trading life. Let me remind you one of my favorite old story ; A Harvard professor once asked his students to do a special report on fish. His scholars went to the library, read books about fish, and then wrote their expositions. But after turning in their papers, the students were shocked when the professor tore them up and threw the min the waste basket. When they asked him what was wrong with the reports, the professor said, “If you want to learn anything about fish, sit in front of a fish bowl and look at fish.” He made his students sit and watch fish for hours. Then they re-wrote their assignment solely on their observations of the objects themselves. Being a student of the market is like being a student in this professor’s class: if you want to learn about the crypto market, you must observe and study the major indexes carefully. In doing so, you’ll come to recognize when the daily market averages are changing at key turning points—such as major market tops and bottoms—and learn to capitalize on this with real knowledge and confidence. Chart speaks itself, Less is More! Your objective isn’t to buy at the cheapest price or near the low, but to begin buying at exactly the right time, when your chances for success are greatest. This means that you have to learn to wait for a crypto to move up and trade at your buy point before you make an initial commitment. If you work and cannot watch the market constantly, small quote devices or quotes available on cell phones and Web sites will help you stay on top of potential breakout points. In the crypto market, and success has nothing to do with listening to tips from other people or being lucky. You have to study and prepare yourself so that you can become successful on your own with your investing. So make yourself more knowledgeable. It isn’t easy at first, but it can be very rewarding. Anyone can learn to do it. You can do it. Believe in your ability to learn. Dont forget to follow me on twitter.com
Long
by CryptoEngineering
29
XLM (Stellar)(Binance) Bull Run is started = PUMPXLMUSD (Binance) Bull Run is started. - Looks like this summer will be very hot! - Trend lines from past interact well with current local Trend bottom. - Next challenge to maximum price. Someone said that Stellar coin (Like Phoenix future coin) of Rothschild and the future, but you can play on the price increase and Pump. - BTC Dominance is down (we have long target) Target 1 = $0.29 (+87.10%) Target 2 = $0.41 (+164.52%) Target 3 = $1.00 (+545.16%)
BINANCE:XLMUSDLong
by UnknownUnicorn285026
1
Lumen (XLMBTC): RSI/stoch. analysis + watching weekly closeIndicators Weekly RSI (orange bars) new lows week after week, now deeply oversold. Weekly Stochastic RSI flat lined with D crossing K. Together a good indicator for swing entry. Not necessarily an indication for a price bottom (see my XRPBTC chart), but typically safer than any other rsi/stoch values. Candles Currently scary. Watching the weekly close - will hopefully close with a nice shadow. If next week closes with a reversal candle, like doji, pin bar or hammer, it would make it more interesting.
by RealMcafee
1
LUMEN update "XLMUSD and XLMBTC"XLMBTC Right now limen retest support zone at 0.00002559-0.00002469 We can buy this coin with target at 29% profit projection at 0.00003099 and 80% profit projection at 0.00004456 Trading tips : Prepare for buy back at 0.00002189 if support zone break down. XLMUSD We also have a good bullish movement here, we can buy XLMUSD right now or wait at 0.13109351-0.09743249 For target, we have : 35% profit at 0.13109351 or maximum target at 0.17186074 Trading tips : Prepare for buy back at 0.07405679 Note : Buy back strategy only suitable for exhange with no leverage, coz this strategy not use stoploss. *follow my strategy at your own risk
BITTREX:XLMUSDLong
by AzrulAzir
2