Lumens
My first Chart Prediction for StellarAllthough i'm pretty new with crypto-trading, I try to learn by following others, experimenting with tradingview. I would say Stellar Lumens is about to cross an arc, going for +/- 0,55$ within the next 6 hours (+20%). What do you guts think? Feedback is more then welcome :)
STR - Time to Get on Board the SpaceshipStellar, Ripples cousin, is ready for another take off. The spaceship was getting some fractal and geometric fuel. Now that this process is completed, we're ready to go to the stars and beyond. Andromeda is awaiting for us.
Entry: 2000 - 2500.
TP1: 5200.
Stop-loss: 1800.
R/R: 1:16.
Song for the ride: www.youtube.com
Please like and follow if you agree with this idea.
Good luck!
Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting some updates as I have been doing in my previous posts, but if you want live updates, check out my signature and join my Telegram Group.
Let's Start The Remittance Party!Big news coming out from the Stellar* project. We believe in pump based on the news and the possibility for said pump to become the "test pump" depending on what the future holds. Read on and see if you agree.
Fundamentals
Read the big news coming out from the Stellar* project here.
Coins.ph, Flutterwave, ICICI, and Tempo is jumping onboard with Stellar*.
The remittance market is the goal here obviously and with such big players Stellar* can be succesful!
There is a huge market to conquer and the upside for investors is definietly there.
First Pump
We have already seen the market go up on the news, but far from enough. Stellar* is at this moment very undervalued and the chance of a larger pump in the short term is likely. At 900 we will get out and watch the proggress before taking a position again.
Decision Time
If things play out as we expect there will come a time when the market will decide if that's it or not.
That depends on the progress Stellar* can make with the newly acquired partnerships, and what Bitcoin is doing.
Risky Investment
This is a risky investment but with far greater upside potential then downside.
You should be aware that Lumens (The coin of Stellar* and what we are buying) does not really have much value. Read more about it here on their website.
"The Stellar* network is free to use, you only need lumens to cover the base fee" wich is practically non-existent.
For a big pump to happen to Stellar* (or more correctly lumens) , those coins need to become more valuable to the Stellar* network, and that is something we will follow the progress on.
However, crypto have not cared in the past and we don't believe it will this time either, so a pump to 900 in the short is still very likely.
¿Stellar price to follow Ripple recent pump?STRBTC is the tycker symbol for the trading pair "Stellar" against bitcoin.
Stellar is a platform originally forked from Ripple consensus protocol that allows you to send instant fiat transactions worlwide thanks to a decentralized network of servers and trusted anchors that honor the fiat balances.
You can read the basics of Stellar in their site, here .
Here there is a closer look of the same chart in daily
Reasons to support a long in strbtc pair:
Long old trendline crossed up (needs weekly close above 205 to confirm)
Weekly and monthly MACD crossed bullish
MA bullish cross on daily (21, 44)
EMA bullish cross on weekly (5, 8)
Strong correlation with Ripple (xrpbtc)
Here you have a chart showing the strong correlation between Ripple (xrpbtc) and Stellar (strbtc)
Check related ideas for @Intuit Elliot Wave analysis of strbtc
I have already bought 228 and 222, and I have orders all the way down to 200.
Main and first target, ~365 resistance area. Second and ultimate target, ~520.
Stop loss would be a weekly close again under the broken trendline.