Stellar (STR/XLM) Breakout Buy SignalStellar (STR/XLM) Breakout
of Symmetrical triangle
Buy Signal
After a few days of a 42% correction (92 ATH - 53) all signs point to a reversal and resumption of upward movement.
50, 100 and 200 EMA (day moving average) are all curling upwards, as it's looking like it's starting another move back towards ATH (All Time Highs).
Interestingly, Stellar was a hardfork from Ripple in 2014. Transactions on the decentralized Stellar network resolve in 2-5 seconds for a fraction of a cent, aiming for low-cost payments between different currencies. Stellar is a decentralized, hybrid blockchain that is fully open-source. It is infrastructure that exists to facilitate cross-asset transfers of value, including payments. With just one integration into the Stellar Network, you will join an open, global financial network where all actors – be they people, payment networks, or banks – have equal access & economic participation. With a team of top technology and finance professionals, the nonprofit Stellar 0.00% .org expands access to low-cost financial services to fight poverty and maximize individual potential. Stellar 0.00% (Lumens) (STR/XLM) is supported by IBM , Deloitte, Stripe, Google.org, Blackrock and loads of other big companies.
Looks interesting to me with still a lot of upside potential. US Dollar parity is the near term target, as it goes the way of Ripple. $10 USD parity in 2018? Given the way this market can sometime move, as well as the fact that STR ( XLM ) is valued far less than any other of the top 17 crypto currencies, I wouldn't be surprised at all to see it pass 1 USD parity in the coming weeks-month and even break the double digit value (i.e. $10) in 6-12 month's time, but who knows.
Of course, "this is not financial advice". I'm just sharing my research, thoughts and ideas.
All the best luck trading
Lumens
XLM +3900% target $36.00 within 90 daysStellar Lumens is up. Looking over long term charts, I see the previous 2 rallies were 2300% and 7800%.
If we figure half of 7800% for potential growth over the same period (90 days), then we may see +3900% with a target of $36.00.
If we take the average of the two prior rallies 2300 + 7800 = +5050% with a target of $48.00.
These are very rough estimations as there is not much trade analysis going on here, other than a comparison of rallies and knowing that XLM just overtook Litecoin for market cap.
Some useful news as relates to XLM:
www.cnbc.com
globalcoinreport.com
Stellar in #6 position of all cryptos, as of today, surpassed Litecoin and others.
www.ccn.com
XLM is the alternative to XRP and XLM has some benefits over XRP in that it's for the unbanked individuals and is fully decentralized, compared to ripple which is highly centralized around banks and institutions.
Stellar has the potential to upset and replace XRP in the #2 position for market cap where libertarian views push XLM near the top.
Going Stellar (STR/XLM) Up the Bull Flag StaircaseGoing Stellar (STR/XLM) Up the Bull Flag Staircase
Bull Flag after Bull Flag (breathers) up the staircase to heaven. 50 EMA (50 day moving average), RSI and MACD all curling upwards, as it's looking like it's getting ready for another wave.
Transactions on the decentralized Stellar network resolve in 2-5 seconds for a fraction of a cent, aiming for low-cost payments between different currencies. Stellar is a decentralized, hybrid blockchain that is fully open-source. It is infrastructure that exists to facilitate cross-asset transfers of value, including payments. With just one integration into the Stellar Network, you will join an open, global financial network where all actors – be they people, payment networks, or banks – have equal access & economic participation. With a team of top technology and finance professionals, the nonprofit Stellar.org expands access to low-cost financial services to fight poverty and maximize individual potential. Stellar (Lumens) (STR/XLM) is supported by IBM, Deloitte, Stripe, Google.org, Blackrock and loads of other big companies.
Looks interesting to me with still a lot of upside potential. US Dollar parity is getting closer and closer, as it goes the way of Ripple. $10 USD parity in 2018? Given the way this market can sometime move, as well as the fact that STR (XLM) is valued far less than any other of the top 18 crypto currencies, I wouldn't be surprised at all to see it pass 1 USD parity in the coming weeks-month and even break the double digit value (i.e. $10) in 6-12 month's time, but who knows.
Of course, "this is not financial advice". I'm just sharing my research, thoughts and ideas.
All the best luck trading
Stellar/Lumens to 75 CentsResistance is already broken. We are experiencing linear fractal growth, so I expect this to continue.
Beautiful Jaws of wealth with a nice resistance. If we look at the length of each wave on the left, they (will) progressively get longer by an average of 1.53 times the length of the previous wave. An update will come with the next best entry point.
Target 1: $0.48 1 week
Target 2: $0.75 1 month
XLM - Lumen Bullish.XLM is bullish, trend indicator looks good, price is above the cloud and its green so up trend.
I expect a small correction before reaching the final target, or if the volume goes up higher it might reach the target right away (I dont know the future) but a small correction would be logical.
XLM tried to go up higher than 4k sat back in May 2017 but it failed several times. This time it might challenge a new all time high, which would be beyond the target indicated.
Lumen is not as risky as the other coins I have posted on recently, so I will be more than happy to tell you guys when to sell and so on.
XLMUSD : Still Bullish On Lumens To $0.42 USDAfter making a correction from $0.30 USD resistance price nearly dropped 60% To $0.17 USD in between $0.1 and $0.3 USD key levels and now it's retracing up as per the applied Fib levels after a short consolidation period.
In the latest analysis on XLMUSD published on Dec. 20 it projected price would reach $0.4 USD. Although the recent drop in price might have diminished the projected outcome, the biased bullish view on Lumens still continues to be valid as the new target is set to reach $0.42 USD according to this updated analysis.
Stellar Lumens XLM Long - follows Ripple most of the timeXLM seems to follow XRP most of the time so it would be fitting to chart XLM aswell. Looking at the chart I see an ascending triangle which is bullish if it breaks through the horizontal resistance. RSI and MACD aren't looking all too dandy right now but it might recover later. Kijun also crossed over the tenkan which is a bearish signal but it's above the green kumo cloud and this means its a weak bearish signal. I think XLM might dip in the short-term but I also think it's gonna have a big bull run once it breaks out. Target is the vertical height of the triangle which is around 1000sats but if you're being conservative the 1.618 fib is also a good target. Entry between the 0.618 and 0.786 fibs?
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XLM STR Upcoming Pump-a-thon to 51-93 Cent GuesstimateOnce BCC Finishes Showing off with its influx of new money; BTC and XLM Will have a Pump-a-thon before Christmas Day...What a wonderful Christmas gift to all :D (51-93 Cents)
**These are my opinions; Speculative and Predictive Guesstimates. Simple TA; anything more is a waste of time in my opinion; There is a potential that im 99% wrong
XLMUSD : Stellar Lumens To $0.4 USDRipple is currently at $0.75 USD jumping recently from its consolidation at $0.25 USD. On the other hand Stellar Lumens act as a competitor to the Ripple but XLM is decentralized while Ripple is not yet. Therefore it is possible for Lumens to be embraced by a lot of Crypto investors in the future fueling the price to reach $0.4 USD or surpass it.
Stellar about to break bullish flag and flyStellar has been in a flag pattern and has been beating on the resistance level. We are also getting confluence from the RSI on the 2hr chart, which is about to break into the bullish zone again (65+ points). It should break it within the next 2 hours to the upside to complete Wave 5 of this EW pattern.
EW guidelines state that Wave 5 can go up to 1.68 of the fib extension of Wave 1-2 (or all the way up to 2.618,) or can make a 1:1 measured move of Wave 3 (or up to 1.618.) Note that this is not always the case, but more times than not, you can rely on these guidelines.
So, the lower target zone is between 1827 and 1962 sats.
The upper target zone is a little larger: 2190 and 2550 sats.
It is more likely we will reach the lower target zone, because (another guideline) when Wave 3 makes a 1:1 move to Wave 1, which is the case here, then we will (many times) see Wave 5 will move to 1.618 of Wave 1-2's extension. However, you should keep an eye on the charts because every now and then, you might get a special surprise.
side note: The fib extension on the right is the extension of Wave 3-4, the one on the left is Wave 1-2
As always, this is not financial advice and you should use this TA only for comparison. Good luck and happy trading.
Stellar forming ascending triangleMy previous post, I mentioned we were in a bullish flag. That doesn't seem to be the case anymore. Our bullish flag has changed to an ascending triangle, which signals potential bearish activity. Therefore, long has changed to short.
I intend on setting stop-losses along the triangle's support line and sliding them up as long as the price does not break the line.
Fast, Reliable and Inexpensive Transactions. That's Stellar!"The dial-up era of blockchain" - Ted Livingston, CEO of Kik .
No it's not Stellar he is talking about, it's Ethereum!
Fundamental
When the IBM news broke on Stellar , I was all over it! And I regret not posting a trade idea on it earlier on as I have had it in my portfolio for a good amount of time now.
But here we go, better late than never I guess!
Fundamentally I look at Stellar with strength. Obtaining a partnership with IBM is no small deal. It's huge and the chart has proved so over the last couple months. News article here if you missed it!
The guys at Stellar know how to prioritize and have a winning strategy. And very important, they can scale!
The quote from start is interesting. Read article on Coindesk.
It's the CEO of Kik and they have chosen to shift from Ethereum to Stellar . Recently their network passed rouchly 10k users and that's the limit that Ethereum could handle.
Because of this Stellar was the way to go and that gives me even more faith in the tech. As I don't have the most technical understanding I need to rely on others actions and opinions.
We also got Mobilecoin launching on Stellar. (With the creator of Signal!)
Any rumours? It's not something with much to it . But Walmart has partnered up with IBM on using blockchain!
There is absolutely nothing out about using Stellar. However, it's still a positive in my eyes. It's important to be connected to the right people, and it looks to me that Stellar is.
Technical
Stellars chart looks pretty nice! I see room for growth upwards if we can move out of my channel and pitchfork. Which looks very likely to me, but it has not happened yet!
I believe we are in the last wave within the larger third wave. The target area I am looking at is between 0.33-0.34 USD (between my two 4.618 Fib levels). Unless fundamentals change drastically I would think we end up in a 4th wave correction.
The last run from Stellar provided an amazing 4440% increase! The sad thing is we are very high in this run as well and I should have gotten this chart out much earlier. However, 4440% on current run would mean 0.495 USD!
I'm not setting my target that high, but it could easily spike to that level. 0.5 should be a very decent resistance area.
If we break upwards now I don't see much resistance before target area is hit . Maybe some at 0.26 USD but thats it :)