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[$XLM] Stellar Lumens will be the next SpaceX Dragon crew!Denelle Dixon , PDG Of Stellar Development Foundation (SDF) announced 3 big focus for Stellar future: - Strengthening Stellar's authority The SDF intends to focus initially on the solidity and user-friendliness of the $XLM. On the one hand, it wants to focus on the tools that developers and others need, in order to bring more anchors to the ecosystem and help all network participants with use cases. "We need to...make sure Stellar can handle all the growth that these use cases can offer. So we've been focusing on scalability." said the Director of the SDF - Gaining the trust of regulators and industry players in the blockchain industry Denelle says that in 2020, the SDF will also focus on communication, so as to build trust in the network. - Developing sustainable use cases Third, the SDF plans to build its portfolio this year. The CEO announces that the launch will take place in the spring. She also announces that special attention will be paid to all participants in the Stellar ecosystem who create interesting use cases. The aim will be to develop more sustainable use cases. It sounds really marketing after all that years developping this protocole. We'ill what's next ! On a technical point of view, it's a beauty , extracted from trading book ! Breakout with a slow correction leading to retest the previous resistance who turned support. Making a higher low and printing a new cycle after successive lower high => Bullish trend EMA 100 & EMA 200 act as support and perfect bullish continuation Aiming to the next level ! Slellar has a rocket as a profil picture , so do what you need to do! Stay Safe, Trade Safe, PEACE NicoDonCrypto
Long
by NicoDCrypto
STELLAR LUMENS ✅ Can XLM Rally after a Rejection at Resistance?💬 Stellar (XLMUSDT) recently got rejected at resistance. Stellar has some interesting ideas in the works, like a "Turing complete" contract proposal, but generally speaking, large-cap cryptos have been yawn-inducing. With that said, we have Stellar on our weekly watchlist for a reason. Let's see if XLM can find support and rally to break away from the large-cap heard (and maybe even lead them to victory). Hit that 👍 button to show support for the content! Help the community grow by giving us a follow 🐣 ----- Support: S1: The S1 S/R flip is the primary support here, being used as a clear pivot point previously. Buying here with a target of R1 or R2 makes a lot of sense. The sort of bullish continuation a rally off of S1 would create is exactly what XLM fans want to see. Resistance: R1: The R1 S/R flip is a perfect target for those S1 longs. A move to R1 from S1 keeps the bullish momentum intact and provides a nice chunk of % gains to swing traders. R2: If the bears can't defend R1, then R2 is a solid target as well. It is likely R2 sees a reaction due to this level being a significant point of resistance in 2019. ----- Summary: XLM is starting to look really nice here. Can the bulls continue the momentum, or is this going to be another disappointing and quick rally in a downtrend for Stellar? No one can say, we can only watch how price reacts at levels ourselves. Good luck everyone and ensure to use proper risk mitigation and pre-plan your trade! Resources: thecurrencyanalytics.com ✨ Drop a comment asking for an update, we do NEW setups every day! ✨
by AlphaBotSystem
2
Long term basing pattern - preparing for a BIG move !!When I first got back in at the beginning 2020 at 560 satoshi I did not realize yet that it was THE bottom for Stellar ! So I got shaken out of it during the "COVICRASH" in march 2020. Today I realize that XLM is basing out beautifully and preparing for a BIG move (big base - big move). SIDEWAYS PATTERN FOR ALMOST 12 MONTHS !! OBV is rising consistently. Volume is solid also... there was a HUGE volume spike on 13th march when I sold !! That was the panic low ! THIS DATE IS NOT CASUAL and means a lot in occult terms ! 13 03 2020. RSI is rising consistently and is forming a positive divergence to the (sideways moving) price. It is time to take a position. This morning I sold 50% of my VET position after a 100% run and bought XLM with the proceeds. XLM is one of the chosen ones and its future will be stellar !
Long
by Dangermousebanana
XLMUSD | An opened alligator mouth is expected for bullish rallyHi friends hope you are well and welcome to the new update on Stellar. Today in this article we will see how the XLM is turning more and more bullish to achieve the highest price ever in its history. But this time the Lumens is also giving some bearish signals on the short-term let's watch the bearish signals first. Formation of bearish Shark: On the weekly chart the price action of XLM has completed the formation of bearish Shark pattern. Even though it is difficult to identify that the initial leg is separate or the continuation of the previous movement because the upward movement up to X point Is not as that much long as we can easily declare it as a separate leg. However if we forget the previous movement of the price action and take it from the X point then a complete Shark has been formed. And price action has already visited the potential reversal zone of this Shark. Therefore there is possibility that the priceline will be dropped from here. Movement in up channel with synchronization with indicators: On the daily chart the price action of XLM is moving within an up channel. And after hitting the resistance of channel it is likely to drop down again. And the movement within this channel is very much synchronized with the combination of indicators: 1.momentum 2.stochastic 3.directional movement. If we take a closer look at the chart then it can be easily observed whenever the price action reaches at the support of this channel and momentum turns bullish and stochastic also gives bull cross and finally when the positive directional indicator forms a bull cross with the negative directional indicator then the price action turns bullish and reaches up to the resistance of channel. It can be seen in April and also in May 2020. At this time the positive directional indicator is above the negative direction indicator that is the bullish sign. And the ADX is also up that is showing the power of bulls. But now the positive directional indicator is moving down to form bear cross with the negative directional indicator. If this bear cross will be formed then the same ADX will be assigned to the bears and it will be showing the power bearish trend. Support and resistance levels and moon phases: After the mid of March 2020 the price action of XLM turned very strong bullish and it broke $0.045 and then $0.06 resistance levels At this time the price action of Lumens has reached at the resistance of $0.08. This resistance level is very strong as on the chart it can be seen that since September 2019 the price action has made several attempts to breakout but so far it is not able to breakout this resistance level. I have also placed the moon phases indicator on this chart. This is very useful indicator to identify the bullish and bearish trends. On the chart we can see there are some full moons and some dark moons. The distance between one moon to another moon is called synodic cycle that is 29.5 days long. The recent dark moon is appeared at the support level of $0.06. That is an indication that it will be difficult for the priceline to break down this support. And the recent full moon it appeared at the resistance level of $0.08. That is showing that the maximum reach of the price action is up to this level. Therefore we need the next dark moon to be appeared above the $0.06 level and the full moon should be appeared more up in order to have break out from $0.08 resistance. The Stellar is breaking out the falling wedge: On the weekly chart since January 2019 the price action of Stellar is moving within a falling wedge. I have also placed the volume profile on the complete protection moving within this wedge pattern that is showing the traders interest up to 10 cent. And if we take a closer look at the Bollinger bands then it is moved above the resistance of this wedge pattern. Therefore it was easy for the priceline to cross up the resistance level. Now finally the price action of XLM has crossed up the resistance of the falling wedge. And at this time the new candlestick is opened above this level but the breaking out from this wedge pattern depends where this candlestick will be closed. If it will be completely opened and closed above this level then we will have a successful break out from this pattern. And after breakout if the price action will retest the resistance of this wedge pattern as support then Stellar may drop up to 6 cents before the next rally. Simple moving averages can form an opened alligator’s mouth: If we watch the position of the different simple moving averages with the time period of 25, 50, 100 and 200 then we can notice that these SMAs are turning strong bullish. If we take a look back at 2017 chart then it can be observed when the 25 simple moving average crossed up all other simple moving averages and the 200 simple moving average move below on others simple moving averages then a complete opened alligator mouth was formed by these SMAs. That produced more than 4000% strong bullish rally. Same as like that the simple moving averages are forming an opened alligator mouth. At this time the 25 simple moving average is moved above all other simple moving averages then we have 50 SMA but so far the 200 simple moving average is moving above 100 SMA. And these two simple moving averages are moving sideways for the long time. Once the 100 SMA will cross up the 200 SMA then a complete opened alligator mouth will be formed that can produce more powerful bullish divergence. Repetitive harmonic move: At the end I would like to recall the repetitive move and that is the formation of bullish BAT pattern on the monthly chart. If you take a look back at 2017 chart then the price action of Stellar formed the same BAT on the weekly chart. And when the Stellar moved up from the potential reversal zone it produced more than 4000% massive gains. This time the BAT is formed on the bigger time period chart. Therefore there is possibility that the priceline will produce more profit than the previous rally. However as per Fibonacci sequence of BAT pattern we can set our buying in sell targets as below: Buy between: $0.11 to $0.059 Sell between: $0.23 to $0.41 So realistically as per above targets the Lumens can produce up to 600% rally. Conclusion: As recently the price action of XLM has reached at the resistance of the channel that is formed on the daily chart and on the weekly chart the new candlestick is just opened above the resistance of the wedge. Therefore there is a possibility that the price action will start a correction rally to retest the resistance of wedge as support of wedge and to hit the support of the channel as well. However after this correction rally a new bullish move is expected. Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
KRAKEN:XLMUSDLong
by moon333
1
XLM May 24th - Potential Corrective Descending Triangle SpottedTook another look at my Stellar (XLM) chart, decided to delve into the current pattern we are on as of May 24th. It appears to be a bullish, corrective, and descending triangle. I have mapped out potential range/movement within the purple triangle. It is not yet known if this triangle is 100% descending but it appears to be bullish, or continuing on a bullish trend. We must wait a day or 2 to find out if the low of the current perceived pattern hits the purple triangle trendline, if so, we have a higher certainty that this pattern is indeed a Descending Triangle. If not, it could mean a number of things depending on where the next low hits. Regardless, it appears to be a bullish pattern. If it is not truly descending, my next best guess is that it may still be contracting/symmetrical if the next low finishes above the flat purple resistance line, and if it goes below that, then it could be an expanding/reverse symmetrical triangle. My guess is that regardless of what triangle it is, since it is in bullish mode we could potentially expect a quick rise after the triangle completes its pattern, as shown with a green trend line. It is currently unknown what the next pattern may be, as I will need to do some more wave theory to find out where we are on a larger scale as far as longer-term trends are concerned. I assume that whatever comes after this pattern, will cause a quick jump up, met with resistance, and may start working its way down in the coming weeks. I will be working on and updating this chart for the next few weeks as we start to see more data come in. This chart is a continuation of my last XLM chart, linked as related below for reference. I am waiting to see some death crosses on this chart that appear to be forming, and any golden crosses that occur may give us another clue in the coming weeks. I've also tried to generalize some basic elliot wave structures to come to the conclusion that the current pattern is going sideways and is less easy to pinpoint as a true elliot structure. I could be completely wrong, too. It should be noted that even though the current perceived triangle appears to be bullish, what happens after the green trend line could end up faking out the FOMO with some bear moves. We shall see! I hope everyone is having a wonderful weekend, enjoy it :) Thanks for tuning in :) Disclaimer, I am not responsible for any losses incurred while attempting to use my data, I hope this can prove to be some sort of learning tool for some and give insight as to how I personally come up with my own numbers. Take into full consideration this could be a completely bad forecast. Cheers
COINBASE:XLMUSD
by Hambooger
6
Why Stellar Lumens Turning More Bullish Than BitcoinHi friend hope you are well today we will try to understand by the Stellar is turning more bullish than Bitcoin as the XLM has recovered more than BTC. If we take a look at the daily chart of XLM then it can be easily observed that after the drop from Feb to March 2020 the price action moved 196% from the lowest to highest price level. On the other side if we watch the Bitcoin daily chart then after this drop we can notice that the priceline of BTC rallied 161% from the lowest to highest price level. XLM is more bullish even on small time period chart: Now if we switch to the small time period hourly chart then we can see that after the recent drop the Stellar has recovered 13% but on the other hand the Bitcoin has recovered 9%. Moreover after this 9% recovery the Bitcoin price action is dropping down again. As we have the second bearish appeared on this small time period chart. The basic reason of Stellar to turn more bullish is this pattern: The main and the basic reason behind this difference of bullish move between XLM and Bitcoin are the patterns that are formed on the long-term charts by the both cryptocurrencies. First we will take a look at the price action of Lumens. Here I would like to recall the patterns that I have published in my previous articles of Stellar, that it has formed very big bullish BAT pattern on monthly chart. If we move back in 2017 we can observe that same as like this pattern a big bullish BAT was formed on the weekly chart. And from the potential reversal zone of previous BAT the priceline of XLM took a very powerful bullish divergence and produced more than 4000% gains. Now if we watch the current pattern that has been formed on the monthly chart by the Settal is more bigger than the previous pattern that was formed back in 2017.Therefore we can expect more powerful rally than the previous move. However as per Fibonacci sequence the realistic targets can be 0.382 to 0.786 Fibonacci projection of A to D leg of this bullish BAT pattern. And the targets are from $0.23 to $0.41 this is also very massive profit as these targets shows up to 600% profit possibility. If we take more closer look on the price action then it can be easily observed that even after the recent recovery rally of more than 196% the price action is still moving at the bottom of the potential reversal zone or buying zone of this bullish BAT. Therefore the Stellar has more capacity to move up in order to reach the sell targets or the Fibonacci projection area of this pattern. The big bullish pattern of Bitcoin: On the other hand we can see that on the same monthly chart the Bitcoin has formed very big bullish harmonic Gartley pattern. And after this recovery rally the Bitcoin has entered in the sell zone or the Fibonacci projection of this pattern. Therefore there are more chances that the Bitcoin may start a correction rally or it may move sideways at this level. The similar channels: Now I would like to take you again on daily chart where the XLM and Bitcoin both have formed similar up channels. First we will take a look at the up channel that has been formed by the price action of Stellar. Then we can see that the price action has reached at the support of the channel and at this time we have a very weak bullish candlestick appeared that is indicating that the bears are losing control and the price action might move up from here. But on the other side if we see the Bitcoin’s channel then after hitting at the resistance of the channel the price action is moving down and so far it is not reached at the support. Therefore there is more space for the price action of Bitcoin to drop more down. And there are chances that the Bitcoin will drop more down to reach at the support. And in the meanwhile the XLM would move sideways with the support of the channel and we can see that as it is an up channel so if the price action will move with the support then it will be automatically moved up with the upward movement of support. Conclusion: The XLM can move sideways at this level as it has already reached at the support of the channel. On the other side the Bitcoin can drop more to reach at the support of the channel. On the long term the Stellar can be more bullish than Bitcoin as the harmonic pattern of the XLM is bigger than the harmonic pattern of the Bitcoin that has been formed on the monthly chart. Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
BITSTAMP:BTCUSD
by moon333
3
This Repetitive Move Is Leading The Stellar Lumens (XLM) To $2Falling wedge: As we have seen in my previous article that the priceline of Stellar was moving in a falling wedge pattern. When I published my last post at that time the priceline of XLM was at the support of this falling wedge and I was waiting for two more indicators to turn bullish to predict the bullish divergence for breakout. These two indicators are momentum indicator and the stochastic. The reason I am using these two indicators to predict the breakout here because the price action of lumens is very much synchronized with these two indicators. On the chart it can be easily observed that whenever the priceline of lumen hits the support and the momentum turns weak bearish from strong bearish that is a kind of bullish signal and stochastic gives bull cross then priceline takes a bullish divergence and hits the resistance of the wedge. I was expecting the same move this time. I am sharing the both screenshots the previous one and the current situation. It can be easily obeserved that when I shared the chart in my previous article at that time the stochastic was oversold and momentum indocator was strong bearish. In the next screenshot you can see the current situation that when the momentum turned waek barish and the stochastic gave bull cross the price action again took powerful bullish divergence as it has been doing in the past and at this time the Stellar is attempting to breakout the resistance of this wedge. The previous move: The current move: Volume profile and Bollinger bands: here the two more indicators are playing very important role one is the volume profile indicator and other one is the bollinger bands. If we place the volume profile on the complete price action moving within the falling wedge pattern then we can see that the trader’s interest is very weak below $0.038. Therefore when the priceline moved down where the trader’s interest is low the XLM turned bullish and reached the resistance of the wedge. And if we see the bollinger bands then it can be noticed that when the priceline made its first attempt to breakout the resistance of the wedge in May 2019 then the bollinger bands was below the resistance of wedge therefore it stopped the priceline of Stellar to have a breakout. After that the priceline made another attempt to break out the resistance of the wedge in Feb 2020. At that time the bollinger bands was again below the resistance of falling wedge and became a strong hurdle for priceline to breakout. But this time we have some different situation the bollinger bands is above the resistance of the wedge. Therefore the price action of Lumens can easily move out from the resistance of wedge, moreover if we observe the movement of the bollinger bands then it can be easily seen that the bollinger bands is slightly moving up and showing its tendency that it is making the way for the priceline to move up. Bullish Crab pattern: During the strong bearish move in the month of March 2020 the XLM has completed the formation of bullish Crab pattern. I also have shown this pattern in my previous post. If we take a closer look on the chart then it can be easily noticed that the priceline has just hit the spike in the potential reversal zone and as per sequence of bullish Crab the price line was the supposed to move up in the Fibonacci projection area of A to D leg from 0.382 to 0.786 Fibonacci level. We can see that finally the price action took a powerful bullish divergence and produced more than 93% bullish rally. At this time the 0.786 Fibonacci level is a strong resistance for the Lumen. And we can observe at this time the price line is hitting at this level for third time this is the same level where we also have the resistance of the falling wedge pattern. Simple moving averages. The position of the simple moving averages on the daily chart also goes in the favour of the breakout from the falling wedge pattern. If we see on the daily chart then the priceline has aggressively crossed up the 25, 50, 100 and 200 simple moving averages. Now it has the strong support of all these SMAs. And the 25 simple moving average has formed the golden cross with 50 and 100 SMAs and moving forward to cross up the 200 simple moving average. Following the 25 simple moving average 50 simple moving average is also moving up to form the golden cross with 100 and 200 SMAs. The golden cross between 50 and 200 simple moving average is considered as a strong bullish signal among the traders community. They always take it as a strong buy signal. After that we can expect the 100 simple moving average will also form the golden cross with 200 simple moving average. And after all these golden crosses we can have a complete opened alligator mouth of the moving averages below the price action of XLM that can produce more powerful bullish rally. Long term resistance levels: Now if we switch back to the weekly long-term chart. Then we find two major resistance levels on the way of Stellar. The first resistance level is $0.09, We can see that upto 2019 this resistance level was working as a strong support for the price action but once it is broken down in August 2019 after that the Lumen never able to cross up this resistance level again even after 3 attempts. Once the priceline will be able to cross up the 9 cents resistance then the price action may re-test this previous resistance as a support and move up to break out the next major resistance at $0.14 after breaking out this resistance the XLM doesn’t have another other resistance upto $0.23, so we can expect a faster move from $0.14 to $0.23. Powerful bullish move that can lead the XLM to hit $2: Now I would like to show you my favourite part of this analysis and that is the harmonic move of Stellar. If we move back in 2017 the priceline formed a big bullish harmonic BAT pattern on long-term weekly chart. And from the potential reversal zone of this BAT pattern the price action moved up with very powerful bullish divergence that leaded the Stellar to hit $0.51 that was more than 4000% powerful bullish rally. Now if we switch to the more bigger time period monthly chart then we can observe that same as like the previous move of 2017 the price action has a gain formed another very big bullish BAT pattern. And from past 5 months the priceline was moving at the bottom of this is BAT and now it has retraced back in the potential reversal zone. The potential reversal zone of this BAT starts from $0.11 and ends up to $0.059. We can expect another very big powerful divergence from this PRZ level but if I talk realistically then as per Fibonacci sequence the price action of Lumens should enter in the Fibonacci projection area from 0.382 to 0.786 Fibonacci projection of A to D leg. That is from $0.23 up to $0.41 that is also upto 600% big gain. However for stop loss we should use the potential reversal zone to minimize our risk. Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
KRAKEN:XLMUSDLong
by moon333
4
XLM/BTC 4H (Binance) Pumped on double bottom, time to retraceStellar Lumens surprised us by gaining +23% from double bottom. Now it's back above MA200 but I'm expecting that more downtrend is coming! Sell Entry= 0.00000708 - 0.00000720 Take Profit= 0.00000682 | 0.00000663 | 0.00000631 Stop Loss= 0.00000746 Risk/Reward= 1:1 | 1:1.59 | 1:2.59 Expected Profit= 4.48% | 7.14% | 11.62% Possible Loss= -4.48% Fib. Retracement= 0.236 | 0.382 | 0.618 Margin Leverage= 1x | 3x | 5x
Short
by TradingOn