XLM - I asked Madden (Madden Theory)
This was mine and John Madden's conversation.
Me: Hey John, what would you do in this situation.... It's 1st and 10, you have the ball on your own 40 yard line. Plenty of time on the clock. In fact, you are up by several points. What would you do?
Madden: Who's my QB?
Me: Aaron Rodgers.
Madden: I would go shotgun formation with 5 receivers and throw a Hailmary to the top right corner of the end zone that way I can get off of the field sooner to finish eating my hot dog.
Me: My man.
Long XLM.
Lumens
STELLAR (XLM) possible bull run again?Stellar is doing really great last weeks. Stellar has been going sideways for quite some while, but it looks like stellar is going to break out again. Watch the resistance and support levels closely to see the breakout.
The peak trough the resistance line is possible due to btc price dependency. BTC is a steady gainer, and had a small bull run during the false "breakout".
The resistance levels are strong, so I'm updating as soon as it touches it again. I'll publish an update, like/follow for notification.
XLM - Stellar Looks Ready to Run.Hey, I am back with another Trade Idea.
This time looking at Stellar Lumens XLM.
Stellar is pretty great project, some people says it can surpass Ripple, because it has few similarities.
Mkay, taking look at chart I can see there is a Cup and Handl e pattern that can lead to a breakout.
There is a strong support at 3,650 sat where we can see strong bounce upwards, but it can break even sooner at 4,000 sat.
Taking look at Indicators.
MACD looks pretty great, fewer buyers now and more sellers incoming which is good for now.
RSI has broken trough 70 which is good, but I think it can fall at 55 from where it can bounce once or even twice forming double bottom.
Hope I made your view on whats going on with Stella r somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update!
Stella flirting w/the rimline of cup throwing bullwicks above itShouldn't be much longer before Stellar triggers it's cup and handle as well...likely a good entry point here..the upside is around 75% gains if it reaches the projected breakout target. I've noticed each alt's cup has it's own unique individual bowl shape and its own unique handle similar to the others but fun nuances between them...some have broading desending wedges for handles, some have symetrical triangles, others even have diamond bottoms...rather beautiful in the geometric way the each unfold. Good luck in whichever trading decisions you choose for yourself. *not financial advice*
XLMBTC Cup and Handle and ascending triangle!Hi!
Today I would share with you my idea on XLMBTC
From the 4hr chart, we see that a cup and handle is almost completed,
in addition to that, an ascending triangle has also been formed inside the handle!
and finally, MACD is still bullish.
Disclaimer: This is NOT a financial advice!
Goodluck!
Stellar's Cup & Handle is Nearing its NecklineAn agressive trader would enter here a conservatie one would wait for 1 hr hour close above the neckline. In context with every other cup and handle that have been triggering around the market the risk/reward ratio right now is very good to ladder in fractionally ahead of tim with smart stoplosses....always most wise to wait for the breakout and a 4hr close above though. Keep an eye out and you make your own decisions because this is not financial advice.
XLM/BTC- 5Month Study - Ceiling Breakout or Drop Beyond Support?Hi guys,
Quick XLM analysis/update.
Elliot Wave ABC correction currently underway. Based on XLM’s overall fib retracement history, it seems to be quite apparent that XLM will see a retracement to 61.8% fib level in relation to previous impulse. This coincides with EMA55, EMA200 and happens at the end of a 5-month long triangle formation. In order to succeed in reaching targets (below), XLM must break-out of triangle ceiling, if it fails to do this and instead kisses the upper triangle resistance we will see further retracement to 78.6% fib level. This "could" stir up some trouble for XLM as 78.6% fib retracement could potentially mean breaking the support of the triangle and seeing lower-lows. However, this is not a likely scenario, as the market as a whole has been showing signs of improvement and bullish sentiment from investors. So far any, and every correction since the turn has been perfectly aligned with a standard bull market.
Buy-In range = .00003250-.00003500
Target #1 = .00004726
Target #2 = .00005100
Target #3 = .00005650
Stop Loss = .00002920
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***
XLM breakoutBTC gives so many new nice ALTs moves. Here we have XLM that is forming a new support zone out from previous resistance and maybe even going for a short uptrend breakout. On a 1 day TF it is almost oversold but I feel it still have some power to reach 4950 target within a day time before going for reloading or down.
Lumen: 2 Butterflies 1 ChartIn this video I 1st show you a very clean / text book BUTTERFLY pattern which is currently doing very well. I use market symmetry to try and work out where price might get to before turning around.
When I did that it looked like price might be heading up to the 78.6% fib level which also happens to be almost exactly the XA leg of the bullish BUTTERFLY.
Then I project a little bit, and I use 78.6% as B in what seems to be a newly forming BUTTERFLY. In the video I suggest where C might form up and if it does where price could go, hint 1.272 / 1.681 ext.
I will update if / when C actually forms up, at that point we can start to look at entry, stop etc.
XLMBTC cup and handle!Hello again!
I would like to share my idea on XLMBTC!
From the 4 hour graph, we see that a cup has been formed, potentially, cup and handle!
Probably, the next few days prices would slightly go down for a while to form the handle before mooning!
In addition to that, the MACD level has also just crossed, also the RSI levels are nearing the overbought levels.
Disclaimer: This is not a financial advice!
Feedbacks are welcomed!
Thanks!
XLM/BTC 4hr --Wait for your TradeFellow traders and followers, I had to preface this to say that I will not be able to devote as much time to assisting and working with our fellow traders as frequently. Yes, I did and will ALWAYS say that I am a technical trader and ultra long term Crypto Bull--on a few particular coins ;-). However, longmoney has taken a lot of profits during this correction. And I have some needed upgrades to attend to in order to accommodate my trading setup.
But longmoney isn't leaving Tradingview. I give back because the more money I make, the more money we all make. I will be upgrading my Account Subscription plan to accommodate more time to my new trading setup and long term trading goals and needs. Once that is complete, I will be able to add other website and contact information a la carte.
TA:
Needs more work but at first glance we made our money. I will work on this chart next
--longmoney
STR loosing supportFollowing a great week of gains, STR seems to be loosing it steam and cannot hold the support around 4400. Currently completing head and shoulders pattern that usually ends in reversal of the whole trend. Expecting drop to around 3900 and if that support fails, even 3600.
~ my personal opinion formed upon an analysis, not an advice to sell or buy
Stellar is flying highCoin of the day is Stellar (Lumens).
"Stellar is a platform that connects banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost."
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.
In September 2017, Stellar has announced it will award partners in its new benefits program up to $2 mln each to develop “high-impact projects.”
In October 2017, IBM and payments network KlickEx have announced Stellar as the backbone of its new “cross-border payments solution.”
18.03.2018 XLMBTC started to draw a bottoming pattern, gradually rising from the 0.000024 low. On 13 April the coin broke above the 100-days EMA then acquired high growth momentum and overcome 0.000035 level which signaled the completion of the bottoming formation and beginning of the growth cycle. Yesterday price crossed the 0.00004 level and now is testing 0.000045 resistance. A breakthrough above 0.000045 level will lead the price to the 23.6% Fibonacci zone of the global uptrend, the last zone before the peak. 0.00004 level and Bullish Trend Line should act as a support for the growth scenario, return below these levels will probably start a profit fixation which will lead to the correction.
XLMBTC: ACCUMULATION PHASEHello traders!
$XLM is in accumulation phase (like a lot of altcoins).
According to what Wyckoff Method says, we can see a downtrend followed by accumulation phase. We should see a trend reversal in the near future.
We could test the bottom and the top of the accumulation channel, but once this phase ends we should break the top of the channel and see an uptrend.
- Market phases: gyazo.com
- THIS ISN'T FINANCIAL ADVICE -
XLM - Stellar Lumens 300% Gain Possible
XLM has closed a daily candle above the 200 period EMA, and above the 50 period MA. It has also risen strongly over the Fibonacci level at $0.26. The MACD and RSI are positive as well. Stoch RSI is in the caution area of the overbought. Volume is just OK
At this time XLM looks set to reach $0.338 which is the 0.5 of the Fibonacci level. A close over 0.5 will signal a bull run for XLM.
Of course all this depends on the overall market IE Bitcoin. If Bitcoin shows a turnaround into a Bull move XLM can easily reach it's old high well ahead of Bitcoin recovering it's previous high. If so XLM would gain 300% from todays price.
XLM is an excellent product with a great team and working applications in the real world. XLM is growing with new alliances and active promotion. XLM also boasts an active community of investors.
XLM should be a part of everyone's long term holds in my opinion. (Make your own decisions of course).
Please, Don't forget to Like Agree, Comment and Follow Me, It's additional encouragement for me to share my work.
All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing. Trading cryptocurrencies can be a potentially profitable opportunity for investors. You should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. I am not a registered investment advisor.
Wishing you success,
Isaac
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.