XLMUSD formed bullish BAT | A good long opportunityOn 4hr chart priceline of XLM / Dllar has formed a bullish BAT and entered in potential reversal zone to hit the sell targets soon insha Allah.
Volume profile is showing less interest of traders within PRZ area.
But MACD is strong bearish and Stochastic did not give bull cross therefore I would recommend to wait for MACD to turn weak bearish or stochastic to give bull cross then buy.
I have defined targets using Fibonacci sequence:
Buy between: 0.06170363 to 0.06137483
Sell between: 0.06248766 to 0.06366458
Enjoy your profits and Regards,
Atif Akbar (moon333)
Stellarlumens
XLMUSD has formed a bullish BAT | Upto 596% possibilityPriceline of XLM / US Dollar has formed a bullish BAT pattern and entered in potential reversal zone and ready to hit the sell targets soon insha Allah.
But the volume profile is still showing the traders interest below the PRZ area even the POC of volume profile is also below the potential reversal zone, therefore I would suggest for secure trade we can wait for stochastic to give bull cross and for the MACD to turn weak bearish from strong bearish atleast upto 2 week chart and also use the potential reversal zone as stop loss (In case the candle stick will be completely closed below the potential reversal zone).
I have used Fibonacci sequence to set the targets:
Buy between: 0.110241 to 0.059381
Sell between: 0.231517 to 0.413568
Enjoy your profits and Regards,
Atif Akbar (moon333)
Stellar, not Ripple, to be Global Coin?I do not really trade cryptos but have some for a longer play speculation. On my work and ideas, I have outlined the macro environment we are heading towards and why Government Digital money is coming. The next crisis will lead to a freeze. People will demand access to their money, and government will kill cash introducing digital currency with the excuse that bank runs will occur if bail outs with cash happen.
Now all money can be tracked and taxed...this will be especially for small business. Of course, digital money will be needed for MMT and Universal Income as the socialist economists know that giving people more money without any production increases just leads to nothing. To handle inflation, government will act as the central bank by killing excess supply of money through heavy taxation.
I have spoken on how Ripple could be used to 'bail out' banks and bring forth digital currency. The next crisis will see banks AND governments needing bail outs. All the IMF and WB would have to do is to use a digital money, give it some value (100 or 1000 per token/coin) then send it to the banks and you have instant liquidity. Ripple also sort of meets a criteria of fiat because any number of it can be made and brought into existence. Many people think Ripple will be this coin due to the deals with the banks. However, you need to remember it really is about xRapid. These banks can very well have their own coin/token to use on xRapid. If they do not, then yes, just take Ripple and rename it perhaps IMF coin or Global coin etc.
However, you need to think as the elites. I believe the elites know many already hold a lot of Ripple. They do not want to make people rich. This could be a red herring...
Recently, a lot of talk about Stellar has been raised. Stellar I believe is similar to Ripple, with the creator being someone who left the Ripple team. Essentially being a decentralized version of Ripple.
So what a lot of people are talking about is the fact that the letters X-L-M have been seen on the cover of recent Economist magazines. The Economist magazine having the reputation of being the globalist publication. I am not saying this is a reason to buy Stellar, but I find it interesting for one further reason.
I attend the Vancouver Resources Investment Conference here in Vancouver. A few years back, I spoke with Author and Market Analyst Jim Rickards. I found out that my suspicions of cryptos are similar to his. You can call him an elite if you would like...he has spoken at Davos and Bilderberg. I gave him my thoughts on Ripple vs Stellar... And he essentially confirmed that Stellar is the coin that you would want to hold. So I just find this interesting.
The chart is showing a double bottom which indicates that the down trend may be losing exhaustion. Again, I have said this many times, but the alt coins really need regulation for them to take off. Once regulations are implemented, big funds will enter the crypto market. Right now Bitcoin, and also Litecoin, are great for transferring large amounts of money as an intermediary. I have spoken about this and China.
I am big on precious metals due to the CONFIDENCE CRISIS that is coming. However, with the death of fiat that is coming, cryptos may be worth the speculation and I do hold some. Countries do not want to handle their debt problems...they will inflate to give the illusion of a wealth effect. It will take more weaker currency units to buy things, but real estate and stocks may rise giving this wealth illusion. Purchasing power will stay the same. You can already see central banks attempting to KILL their currencies by devaluing by cutting interest rates. It is a race to the bottom and central banks will be cutting more quicker to get there.
IBMs Stellar rises over falling-wedge, first time in 9 monthsStellar, a digital asset classed and international transaction-system is managed by International Business Machines Corporation (IBM) and performed badly against the Bitcoin. But for the first time in three consecutive quarters Stellar has risen out of the falling-wedge in which is was falling for longer times. It is to early to call this the bottom, but the movement out of the falling-wedge suggests time's are changing for IBM's first cryptocurrency.
XLMBTC has formed bullish BAT | Upto 519% gains expectedPriceline of Lumen / Bitcoin cryptocurrency has completed the formation of bullish BAT and entered in potential reversal zone.
Stochastic is oversold.
MACD upto 3 weak chart is turning bullish:
The next candle stick can be closed sideways within the potential reversal zone and soon from this PRZ area it can take bullish divergence soon insha Allah.
I have defined targets using Fibonacci sequence:
Buy between: 0.00001461 to 0.00000837
Sell between: 0.00002951 to 0.00005186
Regards,
Atif Akbar (moon333)
XLMUSD has formed bullish CRAB pattern |and entered in PRZ areaOn 4 days chart priceline of Stellar / US Dollar cryptocurrency has formed a bullish CRAB pattern and entered in potential reversal zone.
RSI is oversold.
MACD is turned weak bearish from strong bearish.
Volume profile of complete pattern is showing less interest cryptocurrency trading at this area.
I have defined targets using Fibonacci sequence:
Buy between: 0.06878953 to 0.04329465
Sell between: 0.08854757 to 0.13640667
Enjoy your profits and regards,
Atif Akbar (moon333)
XLM, bounce on support?XLM, as many other altcoins has been heavily punished by the alt bear cycle. Now, the Stellar Lumen is in an important level in which it has to decide whether it stops falls or attacks the next resistance.
As the chart shows us, the gap hasn´t been closed yet. This can add further bearish preassures to the prices. Gaps usually drive the priec up or down to close it, to afterwards bounce back up. However, in the hypothetical situation in which the XLM gap is closed, the price has to decrease 78%.
Most of the altcoins still find themselves in a bear cycle. The bottom seems to be very close, however, we have to be careful with long positions.
The Copilot
XLM bullish signsThanks for viewing,
First of all, I am not an XLM shill, but I am a fan. Yes, I also have significant (for me anyway) bag. Most of that bag was bought over the last month or so.
The blue box is my already published buy zone - which has been overshot by about 6-7%. This post is just to note the bullish RSI divergence unfolding. Price made a lower low and the RSI made a markedly higher low. I have found RSI divergence a very useful tool, taken along with other factors, that points to a short-term or longer-term change of direction.
There as also two hammer candles in a row now so I feel confident in holding the XLM bought between 0.0757 and 0.0710 even though am underwater a little right now. But that's not too bad for "trying to catch a falling knife." I see a lot of upside - but let's see - we just made a multi-year low. Anyway, my XLM are on Binance to collect the airdrop www.binance.com up until the 1st of September so I am just leaving them there for now.
Protect those funds.
XLM entering accumulation zoneThanks for viewing,
This is my view for XLM - a very promising and undervalued project with several real use cases e.g. as a very quick, and developer friendly ICO platform and as a platform for ultra low-transaction fee (effectively free) international remittances.
My buy-zone is between 0.076 and 0.70 with XLM not dipping below (or much below) the 2019 low set in February. This also lines up with other price targets.
This trade has a tight stop-loss of 5% and significant potential upside. Where some might see a lot of risk, I see low risk vs return potential. If my larger wave count is wrong, I still see upside if this turns out to be a wave (4) correction (in which case 0.18 - 0.2 will act as strong resistance). So far this year BTC has attracted the most attention, but alt-coins will likely start to wake up soon one by one. When they do, XLM should do very well.
Who knows who is still selling with XLM at lows approaching pre-1017 run-up levels. But people are still selling at a loss, scoop up their sell orders before supply dries up.
Protect those funds and good luck
XLM - Buy when there is blood on the streets Thanks for viewing,
XLM is near to multi-year lows, but there are signs of support.
This is my count, a count that applies to a lot of altcoins that despite showing some bullish action earlier in the year, are now re-testing the lows of 2019. Another possible count is that the big rise and fall-back (not yet to >100%) is wave 1 and 2 of a bigger new move up. Both counts are bullish, but bullish to different extents. Still, there is strong bullish RSI divergence, MACD histogram ticks to the upside, the MACD moving averages are below the zero line but have crossed over and are heading upwards. I see enough fundamental and technical reasons to start buying - and I think I am very lucky to be able to buy at such low prices. Fundamental reasons like:
- Recent news from Stellar allows staking as a way to support the network as well as gain extra airdrops on Binance - Over $750,000 in airdrops to be given away over the next month and a bit. There is other good news for XLM (it will take a lot of XLM off the exchanges to earn airdrops).
Also XLM has two good use cases:
- Tempo as a platform built on the Stellar network with a very good chance of challenging the high cost, slow, international remittance industry www.stellar.org 600,000 transactions can be sent for USD 0.01. That will be most welcome news to all those who lose 10-20% of their funds sending them home from overseas. These fees are so low as to be effectively free.
- Stellar as an ICO platform. Developers who want to launch a token or ICO on the Stellar network don't need to learn a new coding language (like "solidity" to launch on ETH) but can use common coding languages already in use. ICOs can be launched within days.
- My BTC count also points to the BTC correction as being complete. BTC has dramatically out-performed most alt-coins this year but I would expect that to change if BTC re-starts its bullish momentum while alt-coins have undergone significant consolidation. I am taking a position in XLM buying both in USDT and BTC.
Protect those funds.
NO WAY Stellar will go any lower Finally I see multiple confirmation of the alt season, and Stellar is looking very interesting at the current price. Very very very attractive price indeed to earn some Bitcoins
On the chart, black lines are strong Fibonacci cycles and good times to watch for some tops or bottoms in the long run
In red, there are multiple Fibonacci resistance levels. Only break above the last one would confirm the long term uptrend.
STRUSD - Buy a breakout in Stellar LumensSTRUSD is in an uptrend previously reached its 3rd progression. Until now it retraced 50% since the last top and reached both a valid horizontal resistance zone and the ascending blue trendline.
The idea is to buy a breakout over both the descending orange trendline of the consolidation since the last top and the green line, especially if this coincides with a significant increase in volume.
A stoploss should be applied unter the red line. If the weekly uptrend continues a new high should eventually be reached.
Stellar Lumens (XLM) will see a rise to $0.12-$0.13 XLMUSD is currently in Wave B of a correction wave, which will bring prices to around $0.12-$0.13 USD. Wave C will bring the price down to around $0.03 USD area as a projection, hard to predict right now as Wave B has not completed yet. $0.03 will likely happen in tandem when BTC hit $8,500 on the flag play of Wave E.