XLMBTC formed bullish Butterfly for upto 948% big moveHi friends, hope you are well. The Stellar (XLM) with Bitcoin pair has formed bullish Butterfly pattern and entered in potential reversal zone to give another chance to earn more gains.
Let’s dig the pattern deeper to see how perfect it has been formed.
After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.328 to 0.886 Fib of A to B Fibonacci projection area. And the last leg (C to D) is retraced between 1.27 to 1.618 Fibonacci level.
Buying And Sell Targets:
The buying and sell targets according to harmonic Butterfly pattern and its Fibonacci sequence should be:
Buy between: 0.00001369 to 0.00000380 sats
Sell between: 0.00002141 to 0.00003986 sats
This can be really a big move upto 948%.
Stop Loss:
The potential reversal zone area that is up to 0.00003986 sats can be used as stop loss in case of complete candle stick opens and closes below this level.
Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
Stellarlumens
BULKOWSKI DOUBLE KILL (hat-trick soon to come?) XLMBNB BOOM!
STOP 3202
TP1 3454
TP2 3506
Wasn't too satisfied with this last publication -- $MTLBTC is way too VOLATILE & the risk/reward ratio is non-consequential.
Here we've got BULKOWSKI"S DBL BOTTOM DONE RIGHT! with a C&H to boot!
I've been sleeping on a bag of XLM for some time now & with recent news coming out of the MidEast (for those of you unaware) XLM was built to do the one thing that essentially dismisses the need for a global cryptocurrency: rather than creating something like $LIBRA for everyone to store/transact/save with; XLM is like a woodchipper only instead of shoving logs of wood down the hatch you're throwing different currencies: beit EUR/CAD/BTC/LTC/EOS IT makes no difference -- instead of producing woodchips it churns out a pile of XLM sats! SO a unilateral currency converesion crypto with nominal fees & almost instant transactions defeats the purpose of a global currency, hence the reason why XLM is and always will be a major chunk of my SUPERLONG portfolio (in my cold storage) as I was blown away by the whitepaper & roadmap.
Keeping this publication neutral for the time being as windows for BTC/ETH pairings are slowly opening & shutting in tandem.
I would encourage anyone to read the roadmaps & whitepapers of coins/tokens in their portfolios; afterall, you wouldn't purchase a product or service if you didn't know what it was or did, would you?
It shocks me to see how little people know about crypto & still choose to actively forex trade; you're essentially gambling at this point...if you cannot distinguish that BTC and BLOCKCHAIN are NOT mutually exclusive -- YOU SHOULD NOT be trading, go back and do some research (or go to Vegas, that way you'll atleast have some fun before you lose everything) though I am not here to go on a tangent, merely to forewarn you of what you could lose based on my own idiocy circa 2014-15 through trial & error.
At the end of the day its your money and you'll trade / invest how you want; I am just encouraging you to make sure you have all the information, resources, tools & news/rumors at your disposal so that you're making informed & fiscally responsible choices with your assets/savings rather than doing whatever crypto_X where X = douchebag tells you to do for even crypto_DOUCHE doesn't know what he's talking about.
It is one of my quintessential 10 crypto commandments (on my steemit/linkdeln -- check out the article @a1mtarabichi) and arguably my favorite one of my 10: "DO NOT LISTEN TO ANY ONE TRADER"S ADVISE/TA, MYSELF INCLUDED!"
With that being said: i'll conclude this publication so that you don't FOMO/FUD if you so choose to make your entry.
DISCLAIMER
Note: This is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP, SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form.
Certain information set forth in this presentation contains “forward-looking information”, including “future oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; ( iii ) the expected development of the Company’s business, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; ( vi ) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; ( vi ) renewal of the Company’s current customer, supplier and other material agreements; and ( vii ) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
Happy Monday Folks !
-@a1mtarabichi
Stellar plotting bullrunsPlotting possible bull cycles for Stellar, this is under the assumption that a death cross will bounce the price up as can be previously seen, which then led to a golden cross. It can be seen there consistently is an 'initial pump' which leads to a larger pump. Will this occur again? If so I have plotted the initial pump on chart. Happy Trading!
XLMUSD has formed another bullish reversal patternFollowing a of very big bullish BAT pattern:
As in my previous several articles I have been following the below harmonic pattern that is formed by the price action of Stellar and that is a very big bullish BAT on monthly chart. The formation of this bullish BAT pattern was started from the candlestick that was opened and closed on February 2017 and last leg was completed by the candlestick of December 2018. Since then the price action is moving in the potential reversal zone of this very big bullish BAT.
First I caught this pattern on September 2019 after that I posted a followup article with more details in November 2019 and when I I saw more developments in this pattern then I posted other followup article with more details on January 11th 2020.
There have been many time the priceline has hit beyond the potential reversal zone’s support but so far we don't have even a single candlestick that has broken down or completely opened and closed below this PRZ level. The potential reversals zone has been so far proven very strong support for the price action of Stellar. There is one critical point is that if we place the volume profile on the complete price action of this big bullish BAT pattern then we can examine that the traders interest is even below the potential reversal zone. Therefore there are so many times we have witnessed that that the candlesticks has hit the price below the PRZ level but after hitting beyond this level the price action again gets retraced in this potential reversal zone back.
Here we have another support that is moving along with the support of this potential reversal zone and that other support is the POC of this volume profile. As discussed earlier in my previous articles I have explained how this point of control of volume profile works as a centre of gravity for the priceline and the price action always moves around this POC level of volume profile. Therefore we can also notice here that since February 2019 up till now the price action is moving around this point of control level and whenever the candlesticks move up move down then POC of volume profile pulls the price action back towards itself therefore sofar it is really difficult for the priceline of XLM to break down or break out this POC level of volume profile.
The potential reversal zone or buying zone starts from $ 0.1108 and ends up to $0.0600 and the Fibonacci projection or sell zone starts from $0.2315 and ends upto $0.4135. Therefore this move can produce upto 589% massive profit. But if we calculate the profit form where the priceline is moving at this time then the profit possibility is up to 1037%.
Bullish crab:
In the meanwhile the priceline of XLM has been forming different other bullish chart patterns on short term and long term and I have been sharing the patterns with you but there was a pattern I had high expectations with, was a bullish Crab that was formed on 2 day chart.
And I shared this pattern on December 16th 2019. This time Stellar was expected to produce up to 98% profit and we have witnessed that as per prediction the XLM produced more than 70% rally and dropped down again. I was expecting that this time the priceline of Stellar will cross up 0.786 Fibonacci projection of A to D leg of this bullish Crab and if it will manage to cross up this Fibonacci projection level then it will turn more bullish and eventually it will lead to the execution of the big BAT pattern that has been formed on monthly chart and the price action will further more move up to enter in the sell zone for Fibonacci projection zone of the big bullish BAT.
But unfortunately the price action failed to break out the 0.786 Fibonacci projection of bullish Crab.
A new bullish harmonic move:
Now this time while moving at the support of big bullish BAT pattern on monthly chart on smaller time period the Stellar has shown very positive move. This time it has formed another bullish Crab pattern on 2 day chart same is like it has formed in the month of December 2019 that we have discussed earlier.
The first leg of this pattern was started from the candlestick of 17th December 2019 and this leg was completed on 14th Feb 2020. After that the priceline retraced between 0.382 to 0.50 Fibonacci level that was the first confirmation of bullish Crab pattern and on the very next candlesticks the price action moved up and projected in the projection area of A to B leg between 0.382 to 0.886 Fibonacci projection and here we have received the second confirmation of bullish Crab. Now we needed a long bearish leg that should be retraced between 1.27 upto 1.618 Fibonacci level
And this recent market crash and strong bearish trend has helped the price action of Stellar to complete the final leg of this bullish Crab pattern. We can notice that the price action has hit the spike on 13th March 2020 in the potential reversal zone between 1.27 upto 1.618 Fib level that is also our buying zone for stellar. But even though after visiting the potential reversal zone the priceline again moved up and has hit the projection area between 0.382 to 0.786 projection of A toD leg and moved down again there can be strong chances that the priceline will again visit the potential reversal zone or buying zone and move up with another powerful bullish divergence and enter in the sell zone or Fibonacci projection of A to D leg. And this time again I am expecting that if the price line of Stellar will manage to cross up the 0.786 Fib projection then it can also lead the price line to move in the sell zone of the big bullish BAT pattern that has been formed on monthly chart that we have been following since last year September 2019.
Conclusion:
The price line of XLM has very strong 3 supports
1. The maximum extent of potential reversal zone of big bullish BAT pattern that has been formed on monthly chart
2. Second support is the point of control of the volume profile that we have received after placing the volume profile on complete priceline of bit bullish BAT.
3. Third support is the potential reversal zone of bullish Crab pattern that has been recently formed on 2 day chart.
At this time we have two types of sell targets one is the midterm perspective another one is the long term target.
1. Midterm sell targets: The midterm sell targets are according to bullish Crab pattern that has been formed on 2 day chart are from $0.0421 to 0.0727.
2. Long term sell targets: The longterm sell targets are according to bullish BAT pattern that has been formed on monthly chart are from: $0.2315 to $0.4135
Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
XLM/BTC 2H (Binance) On parallel channel & falling wedge supportStellar Lumens just gave us a really nice short result, now we are getting ready to long again:
Buy Entry= 0.00000636 - 0.00000626
Take Profit= 0.00000659 | 0.00000673 | 0.00000696
Stop Loss= 0.00000603
Risk/Reward= 1:1 | 1:1.5 | 1:2.32
Expected Profit= 4.44% | 6.66% | 10.30%
Possible Loss= -4.44%%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
XLMBTC Accumulation phase. BINANCE:XLMBTC has been in this accumulation area for over 6 months now. 1250 and 2100 areas remain untested. I see it testing those areas. I'll be building a position over the next days/weeks depending how it unfolds. A break of the 752 double top would be ideal at this point to really get going.
Stellar Aims Higher | Chart Fully Mapped (30% Target)Here is the chart for Stellar (XLMBTC) fully mapped.
On it, you can find the different support and resistance levels based on Fibonacci proportions.
We can also find the main scenarios that I think can come true and they go as follow:
1) Straight up. More growth until the top of the channel in blue is hit.
2) Retrace. If prices move lover and "support" breaks, a retrace can happen before the next jump. We stay bullish.
There is big volume coming in for Stellar (XLMBTC) now and the indicators are looking really good/bullish/strong.
-- More about the volume indicator --
Remember to hit LIKE to show your support.
Thanks a lot for reading.
Namaste.
XLM/BTC 8H (Binance) Ascending triangle pattern in formationStellar Lumens is in uptrend and probably going for higher local high.
Keep an eye on that bullish pattern, the idea is to enter on triangle support, set-up:
Entry range= 0.00000693 - 0.00000707
Take Profit= 0.00000732 | 0.00000762 | 0.00000806
Stop Loss= 0.00000668
Risk/Reward ratio= 1:1 | 1:1.94 | 1:3.31
Expected Profit= 4.57% | 8.86% | 15.14%
Possible Loss= -4.57%
Fib. Retracement= 0.382 | 0.5 | 0.618
XLMUSD forming bullish Crab | Upto 98% bullish move expectedPrice action of Stellar / US Dollar is forming bullish Crab pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.048953 to 0.038544
Sell between: 0.057035 to 0.076600
Enjoy your profits and regards,
Atif Akbar (moon333)
XLM testing a 2 year downward trend lineShould XLM break the red trend line as drawn ((shown here from June 2018 till date), I expect it to hit 0.094 to 0.098 range and correct itself to 0.07 to 0.074 range before starting its upward journey to 0.14 to 0.16 before the next resistance will come into play.
Am optimistic about this time.. Happy trading.
Steller (XLM) is warming up to a very strong bull marketHello everyone,
As you can see, i usually don't analyse a short period i prefer to look for the big picture. XLM and many other ALTS have almost the same structure, market cycles mean no bear market nor bull market will last for ever.
i will summarize the important points i relay on:
*Major and minor ABC 12345 waves was formed which means bear market is over based on Elliot Waves Theory
* XLM touched the major historical trend line coinciding with the end of wave 5 then retrace which gives us a great evidence we will start new waves formations to the upside
* XLM is not anymore making Lower lows and Lower Highs
* we have cup and handle on the daily chart (which means XLM is preparing to breakout the bear market channel
* XLM broke out 9,50,100,200 MAs and is trading above all of them and that is very strong sign of a start of bull market
* most indicators are bullish
this is only my opinion and not a trading advice
please don't forget to like and comment to motivate me to continue
thanks!
Stellar Lumens (XLM) ready to break 2-year old downtrend!A very simple chart for Stellar Lumens (XLM).
Retraced all the way towards the levels before the big surge in December 2018. Confirmed support there.
Bounced upwards & flipped the $0.053 level support as well and now facing a 2-year downtrend.
As long as $0.053 remains support, a breakout to the upside is likely to occur.
Main targets to aim for;
$0.09
$0.14
$0.19
The last one would grant a 195% move from here and would combine the XLM / BTC chart as well. The chart of XLM against BTC retraced all the way to the resistance in 2016 and is stuck in a range.
If a breakthrough of 910 sats occurs, space is open towards 2200-2500 sats.
Not financial advice.
Stellar/XLM Double bottom and Head and shoulders 2x to 10x.Double bottom and the head and shoulders indicators are great indicators that give indications of the start of a bullish movement. With a couple months of accumulation , Oversold xlm will look to price correct . The first true resistance test will be at around 850 - 900 . Once broken then XLM is confirmed bullish!!!!
XLM Gann IdeaSet on weekly. Going out super far was the only way for it to make sense to me.
Looks ready for a breakout soon on the break of this 1/5 angle
XLM/USD, FALLING WEDGE (WEEKLY) NEAR APEXCurrently there is some bear div at the top of the previous pump on the hourly TFs so I am expecting a pullback. On the USD pairing, it looks near ready for a break out due to being near the apex of the falling wedge, additionally the stoch rsi on Monthly has crossed up. An area of confluence that I would look to long is .618 fib which coincides with the 50 MA.
FOR BTC PAIRING, REFERENCE
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH.