Stellarlumens
Stellar - 0.618 Inverse RelationshipStellar during its downtrend, within the fib wedge, can be seen to trend briefly along 0.618 fib circle line, then dump through the 0.618 fib wedge
Inversely during Stellar's current uptrend, a move upward can be seen through 0.618 of the Fibonacci wedge
Hence the relationship
XLMXLM- As stated in previous analysis XLM is and was a strong buy at .23-.25c Reasoning is that the chart is very clear and clean to me, after 5 waves up in the primary cycle XLM completed a near perfect ABC correction inside of a falling wedge pattern. A falling wedge pattern is very bullish pattern b c it show bearish selling exhaustion , meaning bears getting tired and the bulls can flip the trend very easily & quickly. Here is my EW projection going forward.
#XLM showing signs of bearish Momentum Loss at the right timeAs you see here I am using the Bollinger Bands along with the Fibonacci Retracement tool, the Pink highlighted area indicates a loss in bearish momentum at the optimal time. Which is right at the lower Bollinger Band and touching the resistance line, this is a strong indication of a Bull reversal.
Let's see if this plays out as we move through the night into the morning.
*Not Financial Advice
#XLM Fixing to break out of this wedge pattern!As you see here we just touched the lower band right here at the end of this wedge patter. Below I placed a Blue box so we can monitor the Volume which will play a huge roll in the price as we head closer to the weekend. I do believe we will break out of the top of the wedge, get a retest then a nice bull push.
I will continue to monitor as we move into tomorrow and through the weekend.
*Not Financial Advice
XLM-LONG VIEW Hello traders and investors!! 😄👋
I was just looking at a chart of XLM (stellar lumens,) and in my opinion we see many indicators that the bulls are here... Let's take a look! 📈🔍🔽
~Recently XLM had what could be considered a triple-bottom in the three areas I have circled above 1️⃣2️⃣3️⃣👍😀
~ After our last low point, we formed what would have been a bear flag🐻, but the situation quickly turned bull-ish🐮🎉 as we see a few large bull candles🕯 to invalidate any bear flag/pennant▶🏁🚫
we are seeing more of an inverse bull flag now! 👍↗⏫ (In my opinion)
~We saw a break down from a major trendline that started around May 18th and ended on the 24th of May.. 👇⏬
~On the 24th of May📆, we saw upwards of 100☑ percent price increase in only 1 day📉🐮👏🥳 (I measured this move) What a candle!!!! 🕯🕯👏🤯
Short Fundamental- Overview:🔍🧐
✔XLM is it's own blockchain, which means it does not use BTC or ETH resources to function, (this allows for very low transaction fees and times respectively.) 💲🤞
✔XLM was one of the first ( green coins, ) or proof of stake coins🌄♻, to come out, and it's transaction times are impeccable👌 ⏬👇
✔Currently, the Stellar network is capable of running around 1,000-5,000 transactions per second, which is 100x-500x faster than the Bitcoin network and 50x-250x than the Ethereum network. (Source : www.cryptoeq.io)
✔I have stated before that XLM is extremely undervalued, and I wasn't joking!! As long as BTC can somewhat hold up, I think we may see a bull run to some of our targets depicted above👀🐮😄
That being said, I am looking to gain support here at our 0.41-0.43 range in order to be more certain.
✔Back in 2019 Stellar Lumens burned 55 Billion of its tokens, and created a new system where transaction fees are burned as well. (One could suggest in the future we will see more action towards deflationary implications.)🕙🕐📌📆
It is wise to use caution and do in depth research before making any large investment.⚠📍📝✏
CoinMarketCap info:
Stellar Supply
Circulating Supply 23,083,746,331 XLM
Total Supply 50,001,803,156 XLM
Max Supply 50,001,806,812 XLM
Stellar Market Cap
Market Cap $9,874,475,563.08
Fully Diluted Market Cap $21,389,145,955.98
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Jazerbay
STELLAR- Closest to support (from major coins)Technically speaking, STELLAR is the one crypto closer to support.
If Bitcoin drops they will all drop most likely, yes but we don't know if Bitcoin will drop now. We never know!
What we do know is that it's best to buy over support!
the FXPROFESSOR
Stellar ATH coming Stellar Looking good for big move,
0.920 is critical so I'll expect to bounce back down then up to ATH at 1.11
Fibonacci is siting right on 1.11 and my measured move it's sitting right on the price.
I'm not financial adviser please do your own research before trading,trading is risky and you can lose your money.
ETH Converter FINALLY OUT! ADA to the MOON! Funny how it looks like everyone just woke up and read the news about ADA. Although it also looks like lots of people knew ahead of time. I've also noticed a lot more youtube mentions, even by non-crypto channels. Anyway, I'm talking about the ETH converter, which will let users to convert ERC20 tokens into ADA native special tokens.
That's why ETH has been underperforming and ADA has been on a tear. Everything that was ETH will now be ADA, but with no more triple digit gas fees! Well, ETH is still doing better than absolute garbage, like XLM, which has been one of the weakest performing during this dip. Oh you poor poor XLM holders...hope you didn't do anything especially stupid, like put it all on XLM. I mean, it probably doesn't matter because no one's THAT stupid, right? ;)
Stellar XLM is poised to reverse following the up/down trend. Stellar XLM is poised to reverse following the up/down trend. Next down stop $0.42 lvl towards end of June 2021
Not financial advice, trades can go down to $0.00. Do your own homework.
XLM-STELLAR-USDT (very short-term bear and then up)Hello there! 😃
I was asked about XLM Stellar so here we go. I think this one is worthy of analysis.
XLM transactions are extremely fast and efficient.
From the looks of it I would say we are in a nice PitchFan channel here.
I am looking to bounce off of the midline and up.
In the event we fall down from white-rectangle, I have 2 other paths that are possible depicted above💹📈👍 .
Stellar uses proof of stake consensus protocol.
In my personal opinion Stellar has always been very undervalued.
Keep in mind every chart will be slightly different and I recommend always looking at multiple charts before making any big investment.🆗✌
🛑🛑🛑This is not financial advice, always have a stop🤚🛑💲 loss set🛑🛑🛑
It is a good idea to always monitor 🧐👀 BTC and ETHs movement when making any trade
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Thank you so much!!!
Jazerbay 🐶
$XLM/BTC longeterm bullish targets$XLM, Stellar, another old coin ready to go for a ride.
For $XLM using 2 set of fibs.
1st fibset is old one used in previous cycle with the never reached target of the 2.618 fibline at 8.5k satoshi, making it the first target for this cycle.
4.236 of the first fibset at 14k satoshi market another interesting point which together with the 2.618 at 16.5k satoshi of the new fib set makes up an area suited as the 2nd target.
Finally the 4.236 fibline of the new fib set at around 26k satoshi which is the final target from my perspective.
In case of XLM reaching all the way up to 26k satoshi and showing real strength one should consider the price breaking upwards into another fib set, which I plan to update accordingly on the chart depending on future circumstances.
Potentially Big Move for XLM And since I'm not in this one, my guess is that it will break through soon. Seems like it's been gathering steam recently, though I'm not sure the simple fact that it's not a proof-of-work crypto is a good reason for a pump. But who am I to argue with the market? No one >_>
STELLAR LUMENS : THE STEP BY STEP GROWING ROAD - LONG SETUP 🔔Welcome back Traders, Investors, and Community!
Check the Links on BIO and If you LIKE this analysis, Please support our page by hitting the LIKE👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good trading day!
XLM different view same planHello everyone,
Me = XLM super bull is something you must know.
XLM = rockets
This chart is nothing special just a view of how the accumulation phase ends once it breaks its previous ATH
For comparison, you can see on the chart what happened after breaking of previous ATH once rounded accumulation played out on BTC
See the buy call at 0.06 USD
We are heading to the end of the accumulation phase and waves getting bigger and bigger. More whales jumping in and causing them with the tales.
Its time to leave the waters and take whales on the moon
Weekly XLM/BTC analysis
Cheers
ChaChain
-------------
Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
R:R, money management, risk, reward, technique, style, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis