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Lumens

Stellar Lumen Still FlyingLumen continues trending upwards while producing higher highs and higher lows. On the last wave up it produced an all-time high, hitting $0.97 and breaking above the 427.2% Fibonacci resistance level applied to the last wave where 200 Moving Average was rejected. Following corrective wave down resulted in the 60% decline and price went as low as $0.4, where 200 Moving Average was rejected once again. After, XLM/USD went up breaking the downtrend trendline suggesting that the uptrend is now likely to resume. The first strong resistance is seen at the $1.18 where two Fibonacci retracement levels are inline. Only a break and close below the 200 Moving Average could invalidate bullish outlook.
BITTREX:XLMUSDLong
by CryptoPAMM
11
How XLM is PREPARING FOR Short term +30-50%, mid term >+100%gainIn my previous analyses on XLM I called the first bottom reversal which provided us a quick 50% profit . After that I believed the price would retrace back lower (see previous posts, links are below) . The market turmoil today is pulling almost all cryptos lower, XLM is no exception. However, up front, we could already predict where this correction would take XLM price by simply extending the longer term lower bound trend line. As we could witness today, price hit that line as a bottom and bounced back upward. It has "tested its low". --> Exactly where we could expect it to do so! Going forward , I do believe this line will hold, and we can also see other indicators confirming this: MACD is pointing to a next upward move, which is also confirmed by RSI and CCI, both being in the oversold range. Given the inherent volatile nature of cryptos, do keep an eye out on that important support line. There is still a Fibonnacci level below that could be tested, although I don't think it will for the time being. So this provides a nice buying opportunity, with a short term potential of 30-50% if price bounces back from the lower Bollinger band level. And in the longer term, we should be able to test the previous high, which would result in more than a 100% gain. I also encourage you to read the Stellar Consensus Protocol white paper (you can easily google it), to give you some fundamental background as to why Stellar is such a good crypto! Best of luck and keep me posted of your XLM trades! :-)
Long
by A_Cryptastic_Mind
XLM/BTC Nearing Complex CorrectionSo much intentional for Lumens. Regardless of total supply, the Stellar platform has a very promising road ahead. Remember, price analysis drives the price; not fundamentals or the news. With that said, only upside potential in my vision. As most altcoins did, Stellar found itself in a complex correction, which I propose we are nearing its end. Multiple counts present itself but I see nothing but more upside gains from here--at least testing its previous ATH. Congestion expected to be encountered at the 618. Targets are marked in red. As always, this is not financial advice, only my own technical analysis. Trade wisely.
Long
by longmoney
30
Yes! Excited about Lumens - Elliot Wave Set Up & Analysis Subjective: I like Lumens b/c of it's story, team and goals. Per recounting of it's origin, it was created by people who disagreed with Ripple's core purpose. The team is partnering, marketing and has an accessible platform for developers who wish to advance Satoshi's ideals. I myself am interested in finding partners to help my team pursue our non-profit's work in South Sudan/Uganda by using it's platform (let me know if you're interested). Objective: I think that XLM is going to begin a Elliot wave cycle 2 soon after analyzing the trend of the last big cycle. I've used 30 min bars to outline a trend that will play out on 4hr bars. I'm focused on: a) end of wave 3 at approx 160% of wave 1 b) seeing the bounce of wave 4 off of the resistance line of wave 1 c) the wave 4->5 tranisition to catch the most amount of return. When we get there us a downtrending channel and find a bullish buy sign when a candle closes above it for a good buy signal. d) tracking the FOMO/FUD activity and psychology of the market during this cycle. See chart for technicals. Remember that wave 3 is the home run, but it might not happen. If wave 4 happens then wave 5 is more likely to happen (though I'll be going conservative on goals). Assessment & Plan: Lumens is a successful coin, with a strong team, story, and a recent previous history of a successful Elliot wave cycle using 4 hr candles by hitting a core set of technical marks. This cycle could take upwards of 4 days to complete. Profit taking: - Minor profit taking at wave 3 - Major profit taking at wave 5 - I'll adjust my Make or Break (MOB) targets as needed. - I've not included the oscillators, but should be used when we get closer to the wave 4. I'll use 5 & 35 period. - Additionally I'll use moving average lines to analyze the break of wave 4 for the likelihood of wave 5 occuring. It'll be appropriate to a trailing set stop-loss at this time to avoid giving back profits. Donations are very welcome and will be going into creating better content for you :) Anyone that donates >25$ and messages me with the exact info of the send, will get access to my weekly e-mail and early trade ideas. Or all you have to do is sign-up for Acorns, an awesome saving and investing app below for free and I'll ADD YOU TO MY MAILING LIST (no gimicks). Free, and we each get 5$ when you make you reach your first 5$ investment...see below. BTC (CORE - not cash ): 18GHv9S7dzQwRwHzzYVpBies9U6SatQ5Yx ETH: 0xaa7Da3E6df389FbB0995772D3B1fa6dbC416FEDd LTC: LfwJxBJZ4imZJJhq8DDKgF84BfJfA6sTpY BCH (CASH) : 1Fx4EukYA6ZXYb5VehUpwkzCeCz9MViNbf XLM (Stellar Lumens): GB6YPGW5JFMMP2QB2USQ33EUWTXVL4ZT5ITUNCY3YKVWOJPP57CANOF3 Always remember to diversify. I'm using Acorns, and app on my phone that rounds up purchases and places the extra few cents into an index fund. The fees are low, and they provide you with all the necessary tax information. It's a great way to safe safely. I'm obsiously plugging this to get a referral bonus, but I'm deadly serious about it as a strategy. I've got a family and I want for very little else than to make sure we are safe financially. acorns.com Let me know if you used this code and the day you got your referral bonus. I'll add you to the I always welcome feedback either in the comments or in dm's. I need your comments, especially if you are a seasoned trader b/c it'll make me better, and you can be assured that I'll pass it forward. Media Check out Coin Mastery TV on youtube for some great content . Yes! www.youtube.com Disclaimer: no one pays me to do anything here. I just want to become a good maven/teacher.
by DrDan
9
Falling Wedge [XLM] Stellar - Lumen 150% PROFIT [4H Chart]T.A.: Falling Wedge , RSI and MACD have been reseted and ready for a new run, time expected to reach target: Less than one week, you can buy now to get more profit or you can wait after breakout for quick trade, it will take off for sure very very soon, BTC has been unstable the last days and the takeoff has been delayed, hopeful we can do it this time. F.A.: 1- Stellar XLM based fairx io exchange will hit the market soon letting people buy alts directly from fiat with low fees, fast transfers. This will be Jed McCaleb's second attempt with exchanges and payment after Mt Gox. Once its launched and marketing kicks in with general public, XLM will skyrocket. 2- Roadmap will be released January 25th.
BITTREX:XLMUSDLong
by pwdzongoku
15
XLM; Expert view explaining price movement and expectationsIn my previous post, I illustrated a possible trade, which initially started off very bullish, yet turned out to be bearish. A triangle with everything going for it could still go both ways: break out through its resistance, or fall through its support. The second scenario happened; as soon as it broke support, we knew the trade wasn't worth continuing. I'm following up on that post, showing what happened then and since, and what we can reasonably expect going forward. Stay tuned for more interesting stuff and feel free to reach out if any questions! Link to my previous idea (note: I forgot to put the "?" at the end of that title :-) )
by A_Cryptastic_Mind
12
XLM BULL Run: 5th Elliott Wave After ABC Correction XLM has a strong long term potential and I've previously recommended it as a long term hold. We are now approaching the 5th wave which also corresponds with the 1.618 fib level as shown the chart above. The tip of the wave represents the highest peak; selling before the peak is recommended to secure a profit or setting a sell under the high is also wise. If it makes its way to that high then 8000 sat is a good point I would aim to sell before the correction so you don't miss out due to a volatile market. We are now finished with the ABC correction and xlm is following through with its horizontal oscillations as seen in previous highs. After the 5th Elliott wave we may not see this horizontal oscillation again for some time and it is not recommended to hold through the drop. XLM is still a good long term hold, but if you want to maximize your profits moving into another coin after would be a better bet then wait for xlm to correct to buy back in. Attempting to see if it will follow the fib levels projected as an experiment, but it should still arrive at the 8000 sat level regardless.
Long
by thomas58700
20