Lumen
Lumens To The Moon!
Daily
Looking over at our trend timeframe we can see price is respecting uptrend structure. Major resistance hit (0.00005500—0.00005100). Possible HH formation @ 0.00005500. Stochastic RSI showing us momentum has bottomed out and heading towards the upside.
4Hour
Shifting over to our pattern timeframe we can see price respecting an ascending wedge pattern. Supports drawn @ 0.00004470 & 0.00004250. Waiting for a break and close above 0.00004800 on the 4hour. Stochastic RSI showing momentum is bearish, price shows other wise.
Hourly
Finally looking over at our trigger timeframe we see price currently testing our support. This would be an ideal entry, or a break and close above 0.00004800 on the hourly/4hour. Stochastic RSI again showing momentum is bearish. However price once again showing otherwise.
Conclusion
Buy: @ 0.0004550 hourly support bounce, or wait for break and close above 0.00048000
Sell: HAHA
Stellar is going for the second leapCoin of the day is Stellar
Stellar is an open-source protocol for value exchange founded in early 2014 by Jed McCaleb (creator of eDonkey) and Joyce Kim. The Stellar protocol is supported by a nonprofit, the Stellar Development Foundation.
At launch, Stellar was based on the Ripple protocol. After making several changes to critical consensus code, the Stellar network forked. In the aftermath, Stellar co-founder Joyce Kim claimed this was a flaw in the Ripple protocol, but this statement was challenged in a blog post by Ripple Labs CTO, Stefan Thomas. The Stellar Development Foundation then created an updated version of the protocol with a new consensus algorithm. The code and whitepaper for this new algorithm were released in April 2015, and the upgraded network went live in November 2015.
Latest news: The Lumenette mobile wallet is out of beta.
"Lumenette allows users to send Lumens to anyone on their personal contact list via phone/email, whether they have heard of Stellar or not. We are aiming to be Venmo for crypto - a user friendly, multi-asset wallet, powered by the Stellar network. We hope that the ability to transfer to anyone on your phone's contact list exponentially increases the number of people you can send Lumen to. This is why we built it! Previously 0 of my contacts had heard of Stellar."
Tecnhicals
On 19 April uptrend crashed at the 0.000045 level and went into correction. The correction stopped at the 0.000035 level and regained an upward momentum. The price established Bullish Trend Line, broke above the Bearish Resistance today and testing the 0.000045 resistance now. Biggest parts of today's volumes are traded exactly on the 0.000045 level, not below it, which is the bullish sign. A breakthrough above the 0.000047 level (19 April High) will confirm the breakthrough and lead the price to the next resistance at the 0.00005 level. Bullish Trend Line and 0.0000425 level should act as a support for the uptrend bias.
XLMBTC Bittrex 4H up to 19APR18 Trading Analysis (TA)XLMBTC Bittrex 4H up to 19APR18
4H Chart, also works in 1H, at this time the Lumen (XLM) has been floating on SUPPORT ZONE 3 for a couple of days after the RESISTANCE ZONE 1 became into support; the 50,100,200 MA indicator already crossed and is beein moving into an ascending pattern (Blue Arrows), along with a slightly ascending movement on the RSI (Checkmark) even though the MACD is looking like is about to cross down (Orange Alert), if this properly explodes would be nice targeting RESISTANCE ZONE 3, but keep always in mind that also may go down. At this time the Market Cap in hovering over the 355 Billions. Good Luck!
4H Chart, también funciona en 1H, en este momento el Lumen (XLM) ha estado flotando en SUPPORT ZONE 3 durante un par de días después de que RESISTANCE ZONE 1 se convirtió en soporte; el indicador de 50,100,200 MA ya se cruzo y se está moviendo hacia un patrón ascendente (flechas azules), junto con un movimiento ligeramente ascendente en el RSI (Checkmark) aunque parece que el MACD está a punto de cruzarse en sentido descendente (Alerta Naranja), si esto explota correctamente nuestro target seria RESISTANCE ZONE 3, pero tenga siempre en cuenta que también puede disminuir. En este momento el Market Cap se mantiene sobre los 355 Billones. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
Stellar Lumen (XLM) Breaking Out (262% Earnings Potential)Let's take a quick look at Stellar Lumen (XLM) charts and instructions on how to trade XLM for easy profits.
Stellar Lumen (XLM) Trade Analysis by Alan Masters
TRADE INSTRUCTIONS
Buy-in: 0.00003100 - 0.00003600
Note: Wait for the price to be within this range to buy-in.
Targets:
(1) 0.00003933
(2) 0.00004399
(3) 0.00005151
(4) 0.00005687
(5) 0.00006370
(6) 0.00008341
Stop loss: 0.00002310 (I am not using a stop loss on this one. Lumen is a very strong cryptocurrency and has great potential for short and long term growth).
Trade strategy: Buy & hold. Sell on target. You can hold XLM long term without a worry, this is one of the top cryptocurrencies in the market.
CHARTS, SIGNALS & INDICATORS
- The RSI is sitting nicely in the bullish zone, as well as the DMI indicators.
- The MACD shows a period of accumulation and Positive Divergence, as well as plenty of room for growth.
- A strong close today above the 0.000036 price level will give out a very strong bullish signal for the daily and weekly time frames.
- Fairly low volume for the massive altcoin that this one is, which allows for more room for growth.
- We have many bullish signals and a confirmed breakout on the 4 hours chart. As well as a very strong candle on the weekly charts.
- The charts, indicators and signals point to additional action coming in the near future from this coin. Buy now to profit from the future runs that are about to come.
Message: The Life of Light
Life as light. The life of light.
How does light lives?
Light lives life in its own light.
Shinning through the consciousness of the moment.
Shinning through brilliantly and nice.
Light will live life giving light through its own might.
Live your nice life bright...
Always open your heart...
Which is full of love, light & life!
Namaste.
THERE'S ONLY ONE WAY WITH THIS COIN : UP !I am personally a Ripple guy, but when I started drawing this chart, I can only see a huge bullish pattern...
Counting on the previous bull-run, the total retracement to the negative 23.6, I even drew 2 descending parallel's, and I left 1 aside because it didn't follow it, it just broke, actually through 3 parallel's .. so that's not much of a tool to use... very clear triangle pattern, very clear waves to follow... no hesitation... everyone's following the trend... and the next one will be up... als I see Stellar loves FOMO, and the 5th wave will be probably again bigger than the 3th wave !
My ratio is even not exaggerated... A 4 usd can easily be made !
This is the first time I am going to move a lot of capital from Ripple to another coin !
Unbelievable !
Seems like the name isn't a parody at all... it's a realization and not an exaggeration of due dedication... both creators AND investors !
Good job !
PS: I drew my yellow pennant to fast.. we are REALLY at the end of this triangle ! the top of the pennant should follow the top of the pink descending parallel..
It will burst quite soon I guess !
Update on XLM - looking bullishAnother update on my XLM chart. So far still going according to my pevrious ideas.
Now looking at a ascending triangle being formed which might be the signal the bearish trend ended and a bullish trend is on the way.
It all depends on breaking the support line at around 3400 sats. If that resistance line is broken it will act as support and gives a clearer signal of a bull trend.
It will also go into the kumo cloud and for the last 2 days we see the EMA supporting the uptrend as well.
RSI levels are very bullish still.
Based on the next levels of support and the size of the triangle i would set a new target between 4000 sats and 4200 sats.
It's difficult to predict when exactly it will reach this as i would not be surprised to see a slight downtrend (-5% - 8%) before it goes up and breaks the 3400 resistance line.
On the FA side there is alot of good news coming out from IBM in the coming days. That should help as well.
$XLM Lumen looking bearishClear downtrend channel goes hand in hand with the RSI.
Last level of support is at 2500 sats. If that breaks it should hit the bottom of the channel. From there it might bounce back up and 2500 sats support becomes resistance.
With the way the market is at the moment i doubt it will find support at 2500, it seems to be going down that line, hit the red box in the channel, try to break resistance at 2500 again and fail if the market is not ready by that time.
EMA 55, Ichimoku, RSI, Trendlines, market sentiment and low volume all together seem to confirm the bearish trend with no sign of reversal.
XLM Lumen updateSeems my previous idea worked out, it hit the bottom of the channel and went up to my target.
A reversal might be in play here if it bounces of the 2500 sats level which is critical. If it does, it will break the channel en an uptrend might be possible with a target between 3200 and 3500.
It will then touch the ichi cloud which makes things interesting. If it does indeed break 3500 our next target should be 4000 sats at the top of the cloud.
RSI also looking for reversal, a bit early to tell of course but sentiment in the market is bullish and some alts are taking off already so it would not surprise me if this is the moment for XLM to take off.
Top 15 Altcoins for Long Term Hold (Part II - The Next 5 + 11)Looking for the top 15 Altcoins for Long Term Hold, first I shared some of my history, experience and story within the cryptocurrency markets. I've been looking at these coins for a while now, these are great easy money making opportunities if you have the patience to understand how it all works, or the patience to be able to buy and hold to wait for the right time to sell for profits (follow instructions).
In my first article on this topic, we looked at Bitcoin, the King of all the cryptocurrencies, and we then moved on to some others altcoins such as Litecoin (LTC) and Ether (ETH). You can read all of the content here: Top 15 Altcoins for Long Term Hold (Part I - The First 5).
Top 15 Altcoins for Long Term Hold (Part II - The Next 5 + 11)
In the first article we saw alternative coins that had big market cap., some of these being the second and fifth biggest of all, after Bitcoin. Now, we will take a look at some alternative coins that are less "well known", they are well known but not by many people outside of the cryptocurrency markets. While basically everybody with a computer or phone has heard about Bitcoin, most of the people that know about the coins we will be visiting now are already involved in buying and selling altcoins within these markets.
Let's start by taking a look at five (5) random alternative coins (Altcoins) that are good for long term holding. To buy now that the altcoins market is bearish, so that you can sell later when the altcoins market becomes bullish (check 'Part I' for additional information on this part).
Each time a bull market cycle comes, most of the Altcoins tend to go up and challenge their all time high or even reach a new all time high. Once this period is over, most of the coins go to sleep until the conditions are right again (the market decides) for another "wave" up. We want to position ourselves now, so that when the next bull market comes we can maximize profits. We maximize profits by buying as close to the bottom as possible, to later sell all when the market is really hot.
(The following coins are in no specific order)
1. Vertcoin (VTC)
One of the main pointers for me making the choice as to which altcoins are best for long term holding, are the charts. Why you might ask? Because it doesn't really matter about the news, hype, "developers" team, etc., these factors definitely, and obviously, strongly affect the price of a coin, but for coins that have been around for a long time and are considered strong, the charts can give you very good clues as to what might happen in the future.
Look at Vertcoin for example, VTC, huge potential. December was the month when the bull market really hit its peak, pushing most of the altcoins to the top, VTC had its run pretty early, in late October and by early December it already started its decline. VTC can be one of the first coins to wake up when the next run starts.
You can aim to earn at least 3x with this coin when the next bull market starts. This is based on the last all time high. If this all time high is broken, as it normally happens with strong altcoins, then you can expect crazy earnings, as much as 3x to 7x or even more...
(Continues in the update section)
Bottoming pattern on Stellar. Are we aiming upwards already?Coin of the day is Stellar (Lumen).
Bitcoin recovered after it's weekend fall and now trading above the 8000.0 support. The Bitcoin growth ahead of G20 summit returned demand on big cryptocurrencies. And many of them appear to be at the lowest prices, attractive for buyers. Stellar is one of these coins, already showing a 15% growth from the recent bottom.
Traders are watching this week’s G-20 meeting for any signs of a coordinated clampdown by regulators, who have been stepping up scrutiny of digital assets in recent months amid concerns ranging from money laundering to tax evasion and fraud.
G-20 speeches will touch mostly ICO and coins that provide anonymity, so it is too risky to look at such coins as Dash, Monero or Zcash, this week will be a test for them.
Stellar, in its turn, is a technology for the banking sector, which can easily survive the limitations of anonymity.
XLMBTC bounced off from the 0.0000237 low accompanied by the strong growth of volumes. This upward movement restored all weekend losses and broke through above the first bearish trend line resistance.
Now the coin fluctuates around the 0.0000275 resistance level if it will be able to break above this level - the next target will be 0.00003 resistance, Global Trend Line resistance, and 100-days EMA.
XLM - To go or not to go for a trend reversal?XLM has great fundamentals, but just as with the overall crypto market, price has been in a downward spiral since beginning of January. In this post, I want to have a look at the overall picture, and identify some support and break-out levels / signals, looking at the three charts: 1) versus Bitcoin, 2) ETH, and 3) USD.
1. The XLMUSD graph:
1) The CCI is curving upward again (see area under the chart), if you look at the previous times that this happened, we also saw a considerable increase in the chart.
2) MACD is trying to get that bullish cross going for it. We want to see it curve upward as well to get us some momentum.
3) Volume is low as f***. We also need it to spike in the green.
4) Looking at the overall chart, we see two yellow resistances, of which the first one resulted in a downward trend channel between the two yellow lines. We are now breaking out of that channel, and thereby also of the triangle with basis the 38,2% Fibonacci retracement line. We are seeing a green candle there. But this cannot yet be considered a real triangle break-out, given that we lack volume etc.
--> Conclusion: still lacking some momentum here, but at least we have a strong support at the Fibonacci 38,2%, an upward bending CCI, and a first green candle trying to break through that negative trend channel.
2. The XLMETH graph:
1) CCI curving upward as well.
2) MACD struggling with that bullish cross as well.
3) Low green volume.
4) Strong support levels as well, see the two white horizontal lines. Note that the highest one of the two is now acting as a resistance + we have a break-out of the triangle formation there, albeit low volume and we still have to break through that white horizontal resistance.
5) We have a Heikin Ashi reversal candle (a doji) just before that last green candle, in theory this is typical for a trend reversal.
Support at 0,00035712ETH. Resistance at 0,00041922; 0,00046830.
3. The XLMBTC graph:
1) CCI trending upward.
2) MACD heading right into that golden cross, but still in downward momentum.
3) Again, incredibly low volume.
4) We’ve been in a downtrend against that yellow resistance line, quite clearly. No room to get through until now: a first nice green candle there, with a high against the next Fibonacci level (61,8%; 3259 satoshi) as current resistance level. Support at +-2872 satoshi.
5) Also have a look at how nicely the Fibonacci speed resistance lines (the white fan) shows our support and resistance channels . For example: we hit the 25% line at the bottom in the previous candle.
Other remarks:
--> Note that in each graph, we are at the very low end of the Bollinger bands .
--> Chaikin Money Flow indicator is shown in the main graph of this post, and could be applied to verify accumulation momentum. This is turning positive now. You should typically place bullish/bearish indicator threshold here but that would overcomplicate things. It’s just good to see it curving up a bit.
Conclusion:
While this could be a bottom with relatively strong support levels and a first bump upward in the right direction, we are still lacking volume – even though we already hit some a first green candle or so breaking the downward trend channels. Hence, we are still not in the clear. So keep an eye out on volume and momentum strengthening – it’s what we need!
Note: this post’s intention is mostly to give you a framework on how to evaluate further price movement of XLM. As such its intention is informative, and definitely not to be considered as investment advice.
Lumen - XLMBTC - Potential 100% Profit Trade coming upXLMUSD is playing a down channel for last few weeks. Now its time for reversal. BUY on Support Lines and Yellow Zone.
Expecting to breach Red Line Resistance on the TOP.
Profit Target Green Zone.
Potential 100% Profit Trafe in Medium Term : XLMUSD
We will close our SHORT Call now