Stellarbtc
[STELLAR] Why it's about to "SKY ROCKET"Initials
Stellar is surging. The cryptocurrency aims to achieve a similar goal as Ripple, providing hassle-free international transactions. Both tokens have soared in value this week, with Stellar briefly taking the number six spot in terms of overall cryptocurrency value. There’s good reason to believe Stellar could prove the next big thing.
Founder McCaleb -
“We are trying to be an internet level protocol for payments,” McCaleb said about Stellar in a 2016 interview with Forbes. “There are lots of payment networks, but they don’t interoperate.”
Against BITCOIN,
Developed by a non-profit organization, Stellar is an open source blockchain that allows for cross-border transactions with equal access for all participants. With Bitcoin, some exchanges pay for prioritized processing to cut down confirmation times. Fees have skyrocketed to around $20, while confirmation times average just over an hour. Stellar promises transaction times of two to five seconds with fees of just a fraction of a cent.
conclusion
Stellar has a big mountain to climb if it wants to replicate Ripple’s success, though. The latter has secured a number of deals with businesses looking for a professional use of cryptocurrency as over 100 companies have signed up for tests. This has shown in a market cap that rests at $140 billion, and a token that has increased in value by 20 percent over the past 24 hours to reach $3.62 per token.
It’s early days and better to BUY and HOLD. As Ripple Surges, Stellar Could Be the Next Cryptocurrency to Go Huge.
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XLM BTC NorthJust due to a panic selling of alts we saw XLM retrace a little. It has already went through the 50% fib and is looking to test the 61.8%. Before bouncing north back to 4800 sats. From 4800 it could either go through and north to 6k, or bounce down to the 3800-4k range. From there it will then bounce off of the trendline and go to or through the 6k-6100 range. Depending on momentum and volume and the showing of any divergences we could see a double top.
Stellar is going up from hereHey fellow traders, I hope your new year is on a good start. Stellar is looking promising for another bull run.
Price bounced off the 3200 support. If this 4h candle closes with this bottom wick expect a bullish Lumen.
Happy trading:)
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.
STELLAR - Fibonacci percentages. Stellar has recently had a pair of bowling run up over the recent day we have seen prices above 35 cents which totals above a 50% increase. Entering trades at this point could be quite risky as the prices are more likely to take a dip for the short term, you should use the Fibonacci shown on the graph in order to indicate where we could be heading next.
It is likely that we will see I pull back towards the 0.20% on the Fibonacci and if broken we will continue to the 0.038%. This percentage acts as a support which was a previous resistance so we could expect to see some consolidation before another trend upwards.
Orange - Resistance.
Pink - Support.
As always trade the lines accordingly.
$STR Cup & HandlePrices are accumulating before another bull break on the upside. Considering how quick this coins pumps i see it FOMO'ing to around 15k sats.
STELLAR NEED TO BREAK THE NECKLINE FOR + 156%
Of my favorite altcoins, after forming a C & H with a perfect backward movement, as I always say, the price needs to break the neckline and form the next candle outside the handle to confirm the pattern.
Added to this pattern was an important consolidation time.
If it breaks and the AT keeps giving me good results, prepare for a bullrun more than powerful.
How always greetings to all for the good vibes!
Buy if price go up&crash resistance.. Go far FAR AWAY:)Risk disclaimer:
Views my own & I may be wrong, trade your own charts
Trading FX/Stocks/Futures/Options/Crypto carries risk of capital loss
$Stellar Emotional Market Cycle The STR market cycle is a perfect example of what the 90% of traders that lose money go through. See yourself on here? Might want to take some time and self reflect on your trading strategy.
$XLM Ready to Make it's Move? $STR $StellarLumensSteller is a coin i've been watching for a long time because i believe it has great longterm potential. Right now we are in a key decision period where we will find out if Lumens will break bullish, or fall back to support one more time for further accumulation. Comment what you think is going to happen and why!
STRBTC - Solid earnings possible.Stellar has reversed with a solid uptrend in the Kumo.
Entry possible with a stop loss around the lst resistance line at the 0.00000406 mark.
Enter only with a solid close above the fibonacci retracement.
Very high reward ratio possible for this pair.
Entry : 0.00000435
TP1 : 0.00000494 / 13% earnings
TP2 : 0.00000546 / 25% earnings
SL : 0.00000406 / 6.7% loss
Trade Safe.
XLM Descending WedgeSteller Lumens is in a descending wedge pattern. A breakout is near. I will wait for bullish conformation before committing to trade as the descending wedge is not a strongly reliable bullish indicator.
THIS IS NOT FINANCIAL ADVICE. DO YOUR OWN RESEARCH BEFORE COMMITTING TO A TRADE.