Stellarlumens
BUY STELLAR - ABSORB PANIC + NISON STRATEGY SELL TARGETSBARS A & B ARE THE SAME LENGTH YET...
WITH 4X VOLUME, BAR B COULD NOT MAKE FURTHER DOWNWARD PROGRESS
HOWEVER...
NO LOWER SHADOWS AND REDUCED VOLUME SUGGEST A
LACK OF BUYING INTEREST ABOVE THIS SUPPORT LEVEL
LOSS OF BEARISH ENGULFING PATTERN SUPPORT...
SHOULD CAUSE PANIC SELLING INTO OPERATOR'S BUY ORDERS
ABOVE SIGNIFICANT PITCHFORK SUPPORT LEVEL
STEVE NISON'S PB&J (PULL BACK TO SWEET SPOT) STRATEGY SUGGESTS...
SELLING BETWEEN 1189-1290
PITCHFORK RETURN TO CENTER LINE THEORY SUGGESTS...
SELLING AT 1500
Xlm the second countcount 21 of 2
It's still in a regular ABC correction from the 1st wave & wave 3 is about to start. Trading in a nut shell = right about direction, but stopped out repeatedly from fear, bad ta, & over leveraged before the big move. Investors scale in and beat your a$$
Previous set up was beautiful but alt szn has not started yet and btc is still dragging them around from correlation.
Lets get complex and learn!
Ill update a thread with intra-day trade on my twitter in tv bio
Xlm 2 more counts.count 1 of 2
extended 3rd wave scenario w/ and complex sub-wave 2 structure
Previous set up was beautiful but alt szn has not started yet and btc is still dragging them around from correlation.
Lets get complex and learn!
Ill update a thread with intra-day trade on my twitter in tv bio
Stellar lummens Insane Move commingLast time you will see XLM at $0.123, it has double bull pattern with usd pair and a hughe falling wedge with bull div against btc, also the 3 moving averages are right below $0.123
Xlm/btc About to reverseStellar lumens forming a bottom with bull divergence on rsi, getting ready to reverse the trend. will also perform really good against dolar pair.
XML/BTC Mother of SqueezeWelcome to this TA on XLM.
We can observe from the daily charts that we are experience a hell of a squeeze on the bollinger bands as the price coils in within a wedge at around 1500sats. We can only await a breakout or breakdown at this point.
However, is it going UP or DOWN?? That's the big question.
The 4hr charts give us a bit more insight into this. It remains clear that price is downtrending (trailing below all three MAs at different timescales). However, as the price consistently retests the longer term MA (200MA in red), we can observe price action making higher lows, indicating stronger support. It remains to be seen if price can break above this overhead resistance.
This is how i would play it:
1 - Watch for volume
2 - Watch for price if it breaks above the three Moving Averages
3 - If volume does follow through, we may likely see a huge upward movement
4 - Plan exits at Fib levels, mid term would be the previous high (just below 1900 sats), about the same level as the anticipated 100MA (in orange)
Happy trading lads!
Xlm triangle still valid Xlm is playing games with everyone. Triangle still valid. I've been in since point A, so wasn't stopped out but you'd want your stop to be under E (recent lows) if you're in heavy otherwise a wide stop is ok and then add to your position on break out (confirmation) of triangle.
thread in comments.
XLM Accumulate before explosionBTC Down but XLM still strong now. what it means ?
XLM is in Accumulation Zone (Green Rectangle) between 1500-1600ish.
Bears still trying to make it down to buy cheaper, but it looks like XLM not want to go more down.
Airdrop is over. Now just consolidating for the next push up.
the next break up to 1900ish will be a strong reversal sign because we will breakout a long Downtrend.
if it goes down it can back to 1500ish but we are already very down, so if you are not a scalper nothing to scare.
And don't forget that Stellar had a very different trend than BTC in 2018-2019.
i will add some graphs to explain more clearly.
Happy Tr4Ding !