Lumens
Mini alt season incoming!With the juicy marketcap BTC has brought in the markets, we should expect a big contribution towards the alts coins especially while BTC will cool off for a bit. XLM is definitely a great sleeper waiting to unleash some green dildos!. The hammer doji highlighted has a decent wick that will confirm atleast an upcoming 30%+ profit, our STOCH RSI and RSI indicators can show that there it is clearly oversold and there also is a bullish divergence in the RSI.
XLMUSD Linear chart - possibly break pennantIf XLMUSD breaks out of the pennant it would possibly be big gains. But if it drops below the support line it could go back to $0.06 and then correct from that point.
This isn't trading advice. Just saving charts to learn myself.
XLMUSD could potentially break outJust saving this graph to collect ideas and learn. Not trading advice.
XLM to 500 satsChart looks horrible..
Maybe the cost of having a relatively good 2018?
See you at 500 sats
Rally time for the Lumen?Broken wedge, followed by a strong sell off. Looks like the market needed to reset before rallying, lets see if history repeats and stellar has a strong rally.
XLM-BTC Long Trade PlanCommodity : STELLAR LUMENS
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
4 Bullish Reasons For Stellar (XLM/BTC)I'll cut to the chase and say that I am bullish for Stellar in the short term.
Reason #1: It is my belief that Stellar found it's bottom and the recent bullish move that followed Bitcoin has only strengthened my opinion on this matter-
Reason #2: Looking at the charts we can see that this is a classic falling wedge formation. d.stockcharts.com
After a big move up not long ago we have stayed in this wedge formation and a move above the upper trend line would be very bullish.
Reason #3: Volume has increased in recent weeks and the volume is also showing a possibiliy of buying increasing in anticipation of a further leg up.
Reason #4: Bullish Divergence. On the MACD we can see that despite being in a falling trend we are showing bullish/positive divergence which is a key element to look out for when spotting a falling wedge formation.
Keep an eye on the top of that trend line, a break above could be very good for Stellar.
Happy Trading!
XLM at a HOT SPOT!What's up Traders!
After a long bearish sentiment, we have finally got our bullish impulse. Price reached a potential weekly inverse head and shoulders neck with price action supported by a huge volume. This simply shows that the big boys are interested in this level. Weekly Inverse head and shoulder pattern indicates the potential start of a bullish trend so our bias is bullish. Moreover, if we close above 0.1367 we also get weekly Higher High and a new weekly bullish trend confirmation.
If bears hold the level, we could see some correction to near-term support(0.11) that is also a round psychological number. This is where bulls could attack again causing market to test that weekly inverse head and shoulder neck.
What are your thoughts on the current market?
Enjoy the ride!
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XLM Stellar Lumens are you ready ?This is very long term prediction for XLM, i used Bittrex and not Binance simply because Binance is too young exchange to make this kind of trends.
i did for a friend always asking me why i don't do long predictions ??? :P
it's always difficult to predict the future but Fibonacci never lie right ??
So in graph u can see that XLM bottomed and will make a Hammer at the end of this month.
it's simply a reversal sign.
i didnt show indicators to keep graph clean but i can tell you that we are very low.
RSI is at 45, same level as 2017 Pre-rally.
StochRSI is Flat and down, can turn up at any moment.
MACD made 6 Down Columns, and this one should be be the last one.
XLM stayed strong in this bear market so now the time will come soon to show some power back.
First Target 7600 Satoshi.
Second Target 18000 Satoshi.
it's just the beginning of crypto world and future is bright !
Don't forget that this is analyse is not a recommendation to buy.
Happy Tr4Ding !
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%)
XLM Is Breaking Out of Major Channel (Elliott Wave Forecast)Stellar Lumens have broken out of two major channels, confirming wave-e and the first stage of wave-(c). If wave-(c) continues to get retraced faster than it was formed, we could likely be beginning another parabolic rise which would take us to all time highs next month. It's also possible that this moves a little slower and forms a wave-(d) or a wave-B of a higher degree. However, at the rate this has moved so far, it feels comparable to previous parabolic rises that I've traded, so I would not be extremely surprised if we continue moving at about the rate at which we have been which would lead to this going parabolic over the next month.
At the moment cryptocurrency seems to be stuck in this perfect positive feedback loop which could very likely lead to a market-wide parabolic move over the next month. We can be fairly certain wave-(c) has ended based on time, price, and channeling rules, structurally we can't be exactly sure if this is the end of the higher degree pattern but it doesn't matter right now because it's still bullish in either case. We've had price action that is stronger than any price action we've had since Jan 2018. The news is improving significantly and getting better every day. There's still plenty of time and bullish momentum left on the higher timeframes. We've retested the channel and harmonic resistance-turned-support and support seems to be holding. All things considered there's really not much reason to be bearish here and virtually every reason to be bullish. This feels very similar to early 2017 right before things went parabolic. Also we'll likely see more than one parabolic move if that is the route that this ends up taking again because that would be the beginning of a larger degree advance.
Stellar looks primed to make a run for 20 cents.As long as the 1 day chart's inverted head and shoulder pattern its currently in gets validated...this would also likely cause it to experience a golden cross.
The Stellar OpportunityWith BITFINEX:BTCUSD screaming high above $8k, we've seen most alt coins lag quite a bit. Most performances have been pretty bismal, but I think things may be about to turn around if we can see Bitcoin cool off here.
One coin that grabbed my eye was BITFINEX:XLMUSD . I did some chart analysis and it seems to have reversed trend giving us a great set up with good potential upside of around $0.30 for my near term target.
I entered a trade at $0.11
Case for the Bulls:
Strong bounce off of supporting trendline
Clean break out from suppressing trendline
First bullish sign from Lazy Bear Indicator
Bitcoin showing upside
Case for the Bears:
General Altcoin market conditions may not yet be ready
Case for this to be a bull trap
Overall, as long as we hold the supporting trendline, we have an uptrend. All we must do is buy the higher lows and protect our capital in the event of a reversal.
Nothing fancy here, just good ole trend trading.
Cheers.
#XLM on the descending channelThe descending channel started back when the price hit the 4033 satoshis level in which I started to watch the price slowly loose its value. There was an attempt to break the pattern when it was above the 2795 satoshis monthly level but soon after loose the momentum and fall back to the 2130 satoshis monthly level. Now it can just think of it to hit the 700 satoshis level which I've previously seen but it will also seems that breaking the resistance and hopefully a new move will be started afterwards and a rebound and recovery will be on sight.
stellar XLM weekly inverted head and shoulders? looks good for me, i would wait for support confirmation, R/R very sexy.
Quick trade should see profits on StellarBBands suggest that Stellar is oversold. RSI confirms.
There could be more selling pressure but I expect to see gains in the near future.
XLM Lumens (Hot coin to Play/Watch) Alert: XLM
Trade: $XLM Purchased
Price: $0.129
Exchanges: BCEX, HitBTC, Huobi, Binance
Play: Hooligan testing Resistance
Stop Loss: $0.1249
Target: $0.172
ROI: 33%
Risk: Medium (Watch BTC Action)
Note: $XLM is currently holding a strong Hooligan Pattern. Apart from that it has one of the hottest 24 hour volume with lowest outstanding coins to price ratio making it a super hot alert that can end up in the top 3 daily gainers.
Tags: $XLM $BTC $ETH $TOMO $LEC $BCH $REP $FCT $WAX $LTC $CRO $WAVES $TRX $WTC $RVN $PIVX $ETN $QTUM #bitcon #crypto #lumens #datrade
XLMBTC Buy Opportunity?I see an opportunity to buy now. Bollinger bands are oversold, RSI rising and MACD looks to be moving in the right direction.
XLM Not Looking So StellarReal tight trading channel here, so I am watching it like a hawk. If it drops below the 2500 sat area I would expect this to sit at the most recent support in the 2100 range. If it can stay above 2500 and punch through the line of resistance drawn then I would expect to see a possible run to the 3300 range. Will be monitoring this one over the next week or so. Based on the current 1 day MACD I am thinking this will take a dump like its 3 am on Saturday and it just finished eating Taco Bell.
XLM Crawling Out of the Mud100-day CCI has turned positive, 50-day VWMA now has a positive slope, positive volume is dominating the past few trading days and price has finally crossed above the 50-VWMA. We have not seen these indicators positive in about five months, a sign that there is upside potential here in the medium to long term. Accumulation/Distribution thrown in for good measure.
Sentiment is the driving force on all of these indicators changing direction. Since around the time the article included below was released we have seen large local spikes in buy volume. If it proves to be more than simply rumor, follow-through news can bring further positive sentiment to the table. People are looking for cryptocurrencies to deliver real-world value through implementation, so news like this naturally makes XLM stand out among its peers.
Spikes in buy volume before this article released tells me that either this wasn't the primary source, or insiders got in before it hit the feed - or both.
40-50 Banks Expected to Use Stellar
Long XLM / BTCLike many coins right now XLM is in an intermediate-term downtrend (making lower highs and lower lows).
However we've got a good R/R opportunity on a long here being so close to 2018 support levels (as well as being far from recent 2019 support near 3000 sats ).
Our weekly slow stochastic cycle has just crossed up as well (this is the cyclical component of our model).
Entry - 2220 sats
Stop loss - 2060 sats (7% stop)
TP 1 - 2800-3000 sats (30% profits)
Risk/Reward ~ 1:4
I expect this trade to be invalidated if Bitcoin makes new lows.
