Stellar returns from the bottomCoin of the day is Stellar (Lumens)
The pair pushed upwards denoting new bottom at 0.0000275 level. 100-days EMA also played a supporting role, albeit with a small penetration.
Now the pair established an uptrend direction and held it. Nonetheless, we can’t identify a complete turnaround pattern as long as the Global Trend Line Resistance will hold.
Hence, targets for the near-term is 0.000035 level and Global Trend Line Resistance.
From the downside 0.0000333 level and 100-days EMA will play as a support.
Lumens
XLM Lumen about to breakout to the upsideIt appears that Lumen XLM is about to break out and move higher. I've set a target of $0.77 for mid to late April. This relies a bit on BTC price action to support the overall altcoin market as well. The price action is shown in the triangle formation to be squeezed into a narrow band of selling with declining volume. The chart would indicate that this selling pressure is about exhausted and the next move is up. Looking at the Elliot waves it seems that the move is confirmed. Also the Fibonacci numbers show an oversold state and provide an indication of the price movement into the future. My projection for the price is a combination of looking at the recent historical swings and the Fibonacci levels.
I have previously added XLM as a HODL (long term buy and hold) for my portfolio. From a fundamental investment viewpoint, XLM ticks all the boxes and is a solid project that is in production with a great team behind it. As always, I am using 10% or less of my holdings for trading and the rest are in long term hold. I do not use leverage/margin and I do not recommend it.
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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 adviser before trading or investing. Trading crypto currencies 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.
Lumens...You've Come A Long Way And There Is Only One DecisionI'll be honest. That entire correction was/is weak. Anyone one who bought at the top, had no stop loss (hard or soft), or HODL'd got hurt. But the entire crypto market is setting up. Kinda hurts to put money in right now after such an abrupt and ripping take from the bears.
Long investment strategy, however, with the current analysis, I am seeing slightly lower prices (which is very good). Lumens is one of my favorites, my baby, my long--but I will drop in a second if it turns on me. But it has held a value I never imagined. I only do TA because the FA is above my pay grade and ability. But definitely a coin I and many others are watching.
Educational Analysis People.
--longmoney
Stellar is close to the February lowsDespite the breakthrough of Global Angle Resistance, which supposed to mean the end of the downward tendency and a starting point of the bullish movement, STRUSD drew the Head And Shoulders figure in the resistance zone (probably caused by the fixation of profits by Traders who invested on the 0.26 levels) and went down.
Judging by the fact that the pair stopped falling in the support zone, above the 0.333 support, these levels are still attractive for buyers.
Nonetheless, the situation looks bearish and to consider further grows I would like to see how the price crosses new Angle resistances, corrected by the recent breakthrough of the Global Angle Resistance. Otherwise, the bias stays bearish and too close to the February low, the breakthrough of which borders with the collapse of the coin.
2 Reasons Why XLM Makes Me WetHello my favorite followers!
How are you?
I'm good, but XLM is hot!
I update my chart of XLM. I love this coin. It has a lot of potential. XLM is on multiple exchanges.
XLM dropped to his consolidation level and going down again to square up at 0.0001875 area.
After this, XLM should go up.
XLM is turning me on ;)
Add me on telegram: web.telegram.org
Who's ready for a stellar cup of lumens???Based on what I've seen, Stellar lumens is not closing under this support line in red going up.... BIG CUP AND HANDLE FORMING ON THE TREND...BUY NOW ! HODL! Even wit bitcoins drops STELLAR continues to move its on direction how it wants... when it wants.... get ready!
interSTELLAR (XLM)BINANCE:XLMBTC is an open-source payment distribution infrastructure and makes use of it's "leapfrog technology” to connect individuals, payment systems and banks throughout the world. StellarLumens has a primary focus on the developing nations. It facilitates transactions of multiple currencies and assets reliably and efficiently for just fractions of a penny, using a cryptocurrency known as Lumens to bridge between sender and receiver. StellarLumens is decentralized and is also a non-profit
First off, I love this coin and this company and the team behind it. I believe in what they are doing and think it can bring some real change to the world. I am definitely long on this coin however for now and what I am reading in the charts say it is possible going to drop further. BINANCE:XLMBTC is currently right on the support line and in a downward channel. We need to see BINANCE:XLMBTC bound off the support and make its way back to the top of the channel. IF it breaks below this support zone we could see it fall to it's lowest of the year and back to numbers in late 2018. We need to watch to see what BINANCE:XLMBTC does in the next few days to see if it will bounce off the support or fall below.
With StellarLumens having partnered with IBM and Tempo, Stellar’s credentials are definitely looking impressive. In an increasingly globalised world, it could very well be the future of banking. This is definitely one to keep an eye on!!
Happy Trading :)
Much Love
DustyPH
***This information is not a recommendation to buy or sell***
*Please leave a comment and let me know what you think!
XLM/BTC 2/22/2018XLM is currently testing various levels of support. This includes the 61.8% fib retracement level, the second standard deviation of the pitchfan and the support level of 3330 Satoshis. This, right off the bat, believes me that the price is in an area where retracement is inevitable. In addition to this, the price has just completed its head and shoulders pattern by reaching this price level. If these are accurate, the price is expecting a price reversal as mentioned earlier, the bullish push that will ensue from this is expected to last until at least the price of 4071 Satoshis (Target 1). This level is characterized by the shorter term 61.8% fib retracement level and is surrounded by the leading span A and B of the Ichimoku cloud which will provide a bit more resistance (arguably). If this price level is broken the next target level is expected to be along the trendline that was used to create the head and shoulders pattern. Along this trendline are the fib retracement levels of 38.2% in both the short term and long term which will provide heavy resistance which is where I expect another reversal.
Important Resistance Levels: 5233, 4814
Important Support Levels: 3330, 3054
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Written by:
Arham Bheda
Senior Research Analyst
$XLM Long Term PredictionWell, everybody knows its practically impossible to predict long term Bitcoin charts but I still have fun doing it. I see a potential Double Bottom Formation forming which indicates a reversal of the current trend. Big rounded bottom shape could mean we see a move similar to Bitcoin before breaking ATH earlier this year. Will be really fun trading this coin over the next couple months!
XLM stuck between a btc rock and hard placeEverything is tied to bitcoin, so after we consider the two options, we will consider the likely scenario of how these could play out.
Option 1: EW preserved, we never close a daily candle below 3000 satoshi.
wave 5 can take off when FA gives it a boost. (Fairx ?)
Now, the 3 likely BTC scenarios
1) btc crashes to make LL that $6k.
risk assessment: moderate/high
xlm will likely crash as well, probably finding support with 100 MA (currently 2700 sats). Could very easily close a candlestick in danger area
2) btc surges bigtime
risk assessment: high
xlm will likely dump in btc price. if we blast off from here right back to ATH, xlm will dip down to 3000 sats easy. EW failed, also your xlmUSD price will probably be fine if not better than now.
3) btc goes into equilibrium pattern on daily (higher low, lower high, higher low, etc)
risk assessment: low
best case scenario.
btc goes to 14k, then 11k, then 13k, 12k, then POP! in-between that time, xlm can better set up supports above the danger zone and prepare for launch.
Similarity in Stellar pattern.Hey people of the internet.
First of all, i'm not a professional and this idea is JUST AN IDEA !
I have kept my eye on stellar for a while now and wanted to share something (feedback would be great).
Since Stellar was added on eToro we saw a price movement go up to 0.45 and it's timing could't be better for large pennant forming (hurray!). Now when the coin has been listed and crowd has calmed down AND FairX beta pushed to May, i see a price drop incoming.
What interests me is the pattern A and B similarities. Also time frame matches and pattern A and pattern B are very similar.
So, are we going to hit 0.35 and then 0.25 before major uptrend? Or am i totally wrong on this one?
For me, i'm not selling either way, since i'm a holder until FairX is pushed through.
Good luck everyone!
Lumen XLM/BTC As you've requested! Please see Analysis below.
A few follower’s have asked me to look at this chart, If you want me to do analysis on any chart, just follow me and let us know.
There are three features on this chart that stand out to me, they all carry the same meaning to be.
Firstly we haven’t had a close above or below the January 3rd bar, since January third. This tells me we are in a box, and you never trend trade in a box. While the box (Blue rectangle) is the entire range the Black line shows a top only broken once and suggests another resistance level and a tighter range that is also in play.
The second thing is the fall away in volume since late November. The lack of volume also suggests indecision in either the direction, people wanting to be involved in the coin or the coin is waiting on specific news.
Price is overextended away from the 200ema. Price has stayed close to its Emas and after the early Jan buying the distance between EMA and price has stretched. I think price is likely to go sideways while the ema is drawn up and closer, or even put in a little spike down to hit the 200 ema. The over extension from the ema takes away any interest in a long trade from the top of the box.
Eventually I do expect the coin to Break out long as its entered the range from the bottom and is above the 50 and 200 ema.
If price hits the bottom of the Blue box, I am happy to trade it back up to the blackline. That’s the only trade I would take inside the Blue box.
Eventually the EMA will draw closer to price, and then if volume lifts and price breaks out above the blue box, and then comes back and touches the top of the blue box, I would trade it long. But to confirm for that too happen I need the 200EMA (Green line) closer to price, volume to build and the perfect ABC pattern.
Always remember if you want to make dollars your decisions need to make sense. There are just better charts to watch than this one unless you have a piece of fundamental news that I don’t. I will keep a lose eye on it for bottom of the box trade, but if I missed it I wouldn’t be worried.
Feel free to follow for further trade analysis, if you want your own analysis and enjoy private analysis you can vote below in the comments or like this page and I will continue when I receive private messages if not I will stop running private and stick to our trades.
Stellar(XLM) possible breakoutSince stellar is mostly traded in KRW, so chances are, KRW decides the trend. Here, we see that stellar has tested the resistance line, and a big increase in volume. We have quite a big momentum, and I expect stellar to break out of the current trend, untill it hits strong resistance at 0.52. MACD has already crossed over, but is not positive yet. I wouldn't call Stellar bullish yet on the 24h/12h/6h charts, but if everything is going well this will change very soon.
On the 5min chart, we possibly have a fibonacci wave forming, if this is the case, expect stellar to explode within hours of this publishment.
XLM/BTC TA shows a strong resistance at 0.00005120, however I feel like the XLM/BTC graph is too random, and the BTC/USD graph is key to a TA about XLM.
Possible profit levels:
0.52 dollars
0.00005100 sat (but I expect it to rise higher based on XLM/USD chart)
Like this idea to follow updates about XLM
XLM (STR) HAS A GOOD POTENTIALXLM has also a nice volume. If you have already bought it , dont sell until 5500
XLM/BTC Triangle PatternPrice on the 4hr Chart of XLM/XBT shows a triangle pattern. MACD histogram confirms this movement. ADX line of the DMI indicator going down which tells us that the bearish movement losses momentum. These indicators give us signals of a market consolidation.
We should expect a breakout in the next days. If price breaks thru the upper triangle line, price should see further upward movement. RSI gives us a upward signal.
Be careful with buying in at the moment since cryptoworld is still heavily dependent on BTC.
Still; if you feel comfortable, a good buy in point would be 5-5.2k satoshi if the upper triangle line is broken.
Good trading lads!