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Stellarlumens

Stellar: Are the OG cryptos ones to watch? (Potential 6X!)We are in a coin picker's market- money is not flowing to every shitcoin there is- therefore, you have to invest in coins that have. a strong proof of work unlike before where every shitcoin would pump. FA: Part of Samsung Blockchain Network Revolut Bank added it as one of the available crypto assets TA: Looks to be forming a cup and handle formation which usually leads to a bull run Beginning to form upward trendline Low side of trade is far lower than the potential highs, with the long term target being a 6X -Megalodon Stay. safe and trade safe; and please SHARE/LIKE & COMMENT CRYPTOCAP:XLM BINANCE:XLMBTC COINBASE:XLMUSD BINANCE:XLMUSDT
Long
by BoSukas
2
This Is Why I Was Bullish On XLM | Watch How It Can Hit $5Hi guys and gals hope you are doing good and welcome to the new update on Stellar coin. The price action of Lumens is moving within an up-channel since March 2020 on a daily chart. On the 19th of June, the price action broke down the channel’s support, and while re-testing the previous support of channel as resistance the price action re-entered in the channel and even moved up to the resistance. If we watch the moon phases indicator then the previous dark moon appeared below the support of this channel at a very big distance. Therefore the price line reached up to that level and broke down the support. Now the new full moon has appeared above the resistance of the channel that is a positive signal that the protection can reach up to this level. Now if we take a look at the directional movement indicator then a positive directional indicator (the blue line) is above the negative directional indicator (the orange line) and the ADX (The red line) is up with the powerful value of 43. At this time the ADX is showing the power of bulls because the bullish line of positive directional indicator is above the bearish line of negative direction indicator. The SMAs formed opened alligator mouth and priceline is trying to breakout the key level resistance: If we place the simple moving averages with a time period of 25,50, 100, and 200 on the daily chart. Then it can be seen that the smallest time period moving average 25 is above all then we have the 50 then 100 and then 200 simple moving average below are all the SMAs. On the 12th of June, a complete opened alligator mouth by the simple moving averages was formed in the meanwhile the price action was in the correction mode. After correction rally, the price action re-tested the support of 100 simple moving average and started a powerful bullish rally. At this time price action is trying to break out the powerful resistance of 10 cents. That is the key level resistance for the price action of XLM. During the correction rally, we can also see that the 25 simple moving average crossed down the 50 SMA and now it is up again. Here I would like to take you on the Aave token chart. When back in November 2019 the Lend token had complete formation of open alligator mouth by the simple moving averages on the daily chart. The price action started a correction rally the same as like we have seen on the XLM chart. And used the 100 simple moving average as support and started bullish divergence and after breaking out the key-level resistance of 0.00000268 btc the price action rallied more than 2100%. So we can expect once the Lumens will be able to break out the key level resistance of $0.10. Then it can produce big gains the same as like the Aave token. A big bullish BAT pattern: Now at the end of this article, I would like to recall a very big bullish BAT pattern that I have been sharing with you since last year. And that is the price action of XLM has formed a very big bullish BAT move. This is a kind of reparative move like the Stellar formed a BAT pattern back in 2017. When it started the bullish rally for more than 4000% gains. But that BAT pattern was formed on the weekly chart. This time the price action has formed a big BAT on the monthly chart. So we can expect a more powerful move than the previous one. However, realistically as per Fibonacci sequence of bullish BAT the targets can be as below: Potential reversal or buying zone: 0.110 to 0.059 Fibonacci projection or sell zone: 0.23 to 0.41 A big bullish Butterfly: If we watch the Stellar with Bitcoin pair then it has formed a very big bullish Butterfly pattern on the two-week chart. Click here to visit this old article on tradingview And the targets as per Fibonacci sequence of Butterfly can be as below: Potential reversal or buying zone: 0.00001369 to 0.00000380 btc Fibonacci projection or sell zone: 0.00002141 to 0.00003986 btc Conclusion: Stellar has a good history to produce powerful bullish rallies based on the harmonic moves. Therefore we can expect that this time it will repeat the history again. However, the charts I have shared with you are long term. Therefore this move will need some patience. Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
KRAKEN:XLMUSDLong
by moon333
1
XLM/USDT | Head and Shoulders | Trend Reversal | Trade Setup Today's analysis – XLM/USDT – Retracing after a strong break of structural resistance Points to consider: - Macro trend reversal - Bullish price action - S/R flip re-test - Volume influx - Oscillators overextended - 21 EMA visual guide XLM showing convicting signs of a macro trend reversal as it breaches a key level coinciding with monthly structural resistance and its head and shoulders neckline forming a bullish bias in the market. Multiple bullish engulfing candles with strong volume follow-through is indicative of buyers present in the market and trend continuation is probable. Price respecting structural support upon retest will solidify the S/R flip and substantiate the bullish bias. The influx of volume needs to sustain as price retraces and tests support to solidify the price action and avoid any fake-outs. Both oscillators cooling off from overbought conditions, a retrace and consolidation above support will neutralise and prime the oscillator for a trend continuation. Both the RSI and stochastics need to range above 50 to maintain the bullish bias in the market. Further price development will allow the 21 EMA to act as a visual guide, assisting in trade management. Overall, in my opinion, a successful S/R flip re-test of neckline resistance validates a long trade to technical targets above with risk defined below support. What are your thoughts? If you’ve read this far - thank you for following my work! And as always, Focus on you, and the money will too!
Long
by Kudiiee
XLM/BTC Setting Up for a Strong 12 Months (400%)Anyone that truly understands economic and social theory understands that Bitcoin is the only long term guarantee. That said, the Stellar project is a fundamentally & technically sound with adequate institutional awareness (hype) and thus likely to stick around for a few more years. Personally, I accumulated DCA style over the last 9 months and will now hold. MACD bullish crossover RSI turning bullish Incoming breakout from descending triangle MacroMew
Long
by XBT369
STELLAR LUMENS ✅ Can XLM Rally after a Rejection at Resistance?💬 Stellar (XLMUSDT) recently got rejected at resistance. Stellar has some interesting ideas in the works, like a "Turing complete" contract proposal, but generally speaking, large-cap cryptos have been yawn-inducing. With that said, we have Stellar on our weekly watchlist for a reason. Let's see if XLM can find support and rally to break away from the large-cap heard (and maybe even lead them to victory). Hit that 👍 button to show support for the content! Help the community grow by giving us a follow 🐣 ----- Support: S1: The S1 S/R flip is the primary support here, being used as a clear pivot point previously. Buying here with a target of R1 or R2 makes a lot of sense. The sort of bullish continuation a rally off of S1 would create is exactly what XLM fans want to see. Resistance: R1: The R1 S/R flip is a perfect target for those S1 longs. A move to R1 from S1 keeps the bullish momentum intact and provides a nice chunk of % gains to swing traders. R2: If the bears can't defend R1, then R2 is a solid target as well. It is likely R2 sees a reaction due to this level being a significant point of resistance in 2019. ----- Summary: XLM is starting to look really nice here. Can the bulls continue the momentum, or is this going to be another disappointing and quick rally in a downtrend for Stellar? No one can say, we can only watch how price reacts at levels ourselves. Good luck everyone and ensure to use proper risk mitigation and pre-plan your trade! Resources: thecurrencyanalytics.com ✨ Drop a comment asking for an update, we do NEW setups every day! ✨
by AlphaBotSystem
2