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Stellarlumens

XLM - Massive Reversal On The Horizon?The price action of XLM since November has been quite disappointing to many investors. However, the good news is...XLMBTC is in a falling wedge pattern - which is generally bullish. Additionally, the last touch of the wedge's bottom occurred with some really enormous volume. This is enough to convince me that there is a strong possibility of a reversal on this pairing. On top of that, XLM has cleared the important 13 cents area and has tested it as support over the last several days. It could finally be on the verge of breaking out of its downtrend against the U.S. Dollar as well. This simultaneous reversal could produce an extremely fast and powerful move to the upside. The setup would be as follows: BUY the breakout of the wedge (currently just a bit above 1700), or enter now with a stop loss at 1530, perhaps. The first target would actually be 3000 (that's how powerful I think this move could be). If that falls, since so much accumulation already happened in the 3000-5000 area (kind of like Bitcoin's 6-7K), we might just head straight towards 5000. If XLM cannot break out here, the next touch of the bottom of the wedge would likely occur in the 1000 zone (red X). A move down is possible, but XLM has exhibited some very strong buying power recently - not only on its recent bottom against Bitcoin, but during its bottoming period against the dollar, when it went as low as 7 cents. This is not financial advice. Just a potential setup I'm seeing. Curious to see if it plays out. -Victor Cobra
Long
by VictorCobra
3
Smartlands And The Liquidity Dump...But Can It Build A Floor?For a long time, Smartlands was the best performer in my crypto portfolio. It even outpaced BNB for a while (which I still don't own). I originally bought SLT when it was worth 2XLM. Now it's worth 24 XLM. At its peak, it was nearly 50XLM. Interestingly enough, that peak coincided with its listing on Bittrex, where it gained a Bitcoin pairing for the first time. Since then, it has suffered from a "liquidity dump," meaning people who bought low (like me) decided to finally take a bunch of profits into Bitcoin. But unlike me, these people were probably bigger holders, and they needed the liquidity of Bittrex to sell their tokens. This is evidenced by the enormous listing dump. Not only did XLM itself tank into oblivion, but SLT dropped on the XLM ratio, causing a double-whammy of pain for investors. However, looking at its USD value, it has maintained above $2-3 for quite a while. Its All-time-high is around $7, which isn't even that substantial of an increase from current prices. Now we will see if these long capitulation wicks on SLT are the signal for the start of an uptrend....or if it will continue to drop. Investor sentiment has waned a little bit, but Smartlands continues to be one of the best performing cryptocurrencies since the 2018 bubble peak. For the first time in a while, I actually added a small amount to my position yesterday by moving some from one of my other coins (it's still the smallest portion of my portfolio). I think it has room to fall on the XLM ratio, but I want to see if it can maintain the current floor both in USD and Bitcoin value. This is a totally speculative chart, as there isn't really any TA to go on. That's why I left a bunch of room to the right. This is not financial advice. I'm just posting this here for future reference and personal use. Eventually, there will be some price history. I'm only making this a "Long" strategy because my position is long term. I may chose to reduce it if progress starts to slow down for Smartlands. -Victor Cobra
SLong
by VictorCobra
3
XLM Could Be About To ExplodeWill it be to the upside...or downside? XLM has gotten back above the long term support today (in purple), but it's also pinching RIGHT below the downtrend channel resistance. XLM has continuously been one of the worst performing coins during the second half of the bear market. During the first half, it did relatively well. After reaching a bottom at 7 cents (confirmed by volume), it bounced all the way up towards 16 cents, only to be sold back below support. Since then. it has actually managed to get back above the support line. This is the second time it has done that recently. The first time it got back above support (May 15th), it went straight to 16 cents. This shows some strength, in my opinion. At first, it seems bearish that Stellar hasn't had a sustained break out from its downtrend channel...but XLM has also bounced significantly more than some other alts since its recent bottom against Bitcoin, during which it reached an older long term support level. The bearish channel bottom is in the 5 cents zone. However, I need to ask myself...would more money be made on a rally to $1 and above? Or down to $0.05? While everyone is watching the new hyped coins (Matic, etc.), this may be an opportunity to take advantage of people who have fallen asleep on some of the established alts. Looking at the graph zoomed in, we can see that this is the first time XLM has been pinched by these two long term resistance lines. It's time to make a decision. The first step would be for XLM to close this current daily candle green. After that, we could have a stab at the 18 cents resistance zone: A potential trade setup would be to BUY the breakout above $0.135 to target $0.18, $0.25, $0.30, and then $0.90-$1.00. One could also buy if today's candle closes green above the support line. This is not financial advice. Since these two major trendlines are converging RIGHT NOW, I want to see if it causes a reaction, for curiosity's sake. Hence, this is only for educational and speculative purposes. -Victor Cobra
BITTREX:XLMUSDLong
by VictorCobra
2
XLMUSD Long-term UpdateHi everyone! Before we get started, take a second to hit the like and follow button to get updates on XLM in the incoming weeks and months. XLM is within a narrow orange falling wedge since May 2018. As we are reaching slowly its end, I see a higher probability for a double bottom at 0.0750-0.0677 where I recommend buying while keeping tight stoploss and waiting for the second rally to the top range at 0.136-0.165 by July/August 2019. Around that time the entire Crypto Market should have confirmed the trend change to bull. XLM would follow the green path gradually through 2020. The worst possible scenario should Bitcoin drop back to $3,620-3,400 support would be the path I represented in red through an IH&S with a final bottom near the 0.0405-0.0358 support. Note: I recommend buying XLM for the long-term near the designated low support levels. Best is to keep that stash untouched in a hardware wallet for the 2020-2022 Megabull Buy/Support: 0.0280-0.0120 - Previous bottom in 2018 / unlikely to be reached unless Bitcoin revisits $3,620-3,400 support 0.0405-0.0358 - Optimal buy area for capitulation within falling wedge/ also head of the red IH&S bull reversal 0.0750-0.0677 - Buy area for green scenario / double bottom - keep tight stoploss as directed Sell/Resistances: 0.109-0.119 0.133-0.140 - Top resistance of the red IH&S 0.160-0.164 0.196-0.210 - 61.8% previous Fib turned into resistance 0.240-0.260 - Potential final top / good take profit area Dynamic Stoploss: 0.0635, exit on a bounce as we may see XLM sell down lower within the orange falling wedge towards 0.0405-0.0358 or even lower depending on Bitcoin and Ethereum
KRAKEN:XLMUSD
by BitcoinGuru
2
XLM Stellar Lumens are you ready ?This is very long term prediction for XLM, i used Bittrex and not Binance simply because Binance is too young exchange to make this kind of trends. i did for a friend always asking me why i don't do long predictions ??? :P it's always difficult to predict the future but Fibonacci never lie right ?? So in graph u can see that XLM bottomed and will make a Hammer at the end of this month. it's simply a reversal sign. i didnt show indicators to keep graph clean but i can tell you that we are very low. RSI is at 45, same level as 2017 Pre-rally. StochRSI is Flat and down, can turn up at any moment. MACD made 6 Down Columns, and this one should be be the last one. XLM stayed strong in this bear market so now the time will come soon to show some power back. First Target 7600 Satoshi. Second Target 18000 Satoshi. it's just the beginning of crypto world and future is bright ! Don't forget that this is analyse is not a recommendation to buy. Happy Tr4Ding !
Long
by thecryer
7
XLM Fast Scalp M15XLM is bullish so if u have time it can be easy to make some scalps on 15M Timeframe. Scalping can be easy and fast gains but can be a nighmare if u don't set ur own rules. When u trade a bullish coin you have more chance to win because u follow his bullish movements. in this case method is simple as you can see in the graph. Buy Around 1750-1760ish Sell Before 1980-19990ish (usually peoples sell at round numbers like 2000...) Stop Loss under 1600ish ( EMA200 support ) and like i always say follow BTC Trend while u are scalping. if BTC down usualy Alts follow BTC. u can see on the graph the drop to 1700sats was caused by a small BTC dip. Stay Safe. Happy Tr4Ding !
by thecryer
1
Stellar looking very interesting!"Stellar’s cryptocurrency, the Stellar Lumen (XLM), powers the Stellar payment network. Stellar aims to connect banks, payment systems and individuals quickly and reliably. Since its launch in 2014, its vision has been to unite the world’s financial infrastructure so that money can flow quickly and cheaply between banks, businesses, and people. The Internet connected the world’s computers so that information could be shared globally. Stellar aims to do the same for money." From TA perspective; Stellar found temporally bottom and rebounded nicely over first resistance $0.10 and is now hovering to $0.135 region. Weekly & daily charts are looking very nice and behind good news in last week, the price of XLM could find further gains. On Weekly chart there was huge buy support on $0.0724. I’m now targeting $0.135 and potentially $0.20 BITFINEX:XLMUSD . According to last news, this coin seems a very good long term buy. I will cover it from here on for all the day traders, but for all long term holders, I think it’s a good entry point. -> Coinbase announced that it was about to launch the digital asset Stellar Lumen (XLM) on Coinbase Consumer (i.e. Coinbase.com), its platform for regular retail investors/traders, as well as on Coinbase's mobile app. -> "Six international banks are planning to issue their own stablecoins on IBM’s Stellar-powered money wiring service, IBM and Stellar announced Monday. Today more than 44 international banks that support payments are on the service, IBM Blockchain World Wire — and several of them have signed letters of intent to issue their own stablecoins, according to Jesse Lund, Vice President of IBM Blockchain, who made the announcement in a keynote at Money 2020 Asia in Singapore alongside Stellar cofounder Jed McCaleb."
BITFINEX:XLMUSDLong
by Tilen_tradershub
1
Stellar Finally Breaks The Bearish Channel! (XLM)Aha! So the dip below the long term ascending support was a fakeout after all. I posted a few bearish ideas recently, giving an idea of what could happen if the market failed to recover here. However, it's fairly clear at this point that the market is recovering. Today we had some pretty insane gains for altcoins - gains that have not been seen in quite a while. Congrats to those who have been buying throughout the bear market. Odds are, if you have been DCAing, you're finally seeing some profits! On the XLMBTC chart, I pointed out that XLM had hardly any support until the 1300 area after it broke below 2000. Despite the selloff on the Bitcoin ratio, XLM remained relatively stable in its USD valuation. Additionally, the buying volume when XLM was in the 7 cents zone was so powerful that it was clear to me that a lot of demand existed down there --- in which case I thought it likely that was the bottom on its USD chart. This is why I did not sell. I also posted an educational analysis about why the selloffs on altcoins could be bear traps. These were low volume selloffs that simply had to do with Bitcoin's rise. People were not necessarily trading their altcoins much. That "terminal shakeout" analysis is linked at bottom. Anyway, XLM is simultaneously breaking out of an enormous inverse head and shoulders pattern AND its downtrend channel. Based on the bullish momentum of the market, this should not be taken lightly. This perfectly explains the massive buying momentum once the $0.137 level was breached. Further targets are illustrated on this chart. The next resistance is in the 18 cents zone, and above that there's 30 cents. However, just as Bitcoin smashed through 6K and 7K, it's possible XLM heads straight up and smashes through that whole consolidation zone as if it didn't even exist. That was the accumulation area for many months, so there may actually not be much sell pressure once we make it there. I guess we'll see. On the downside, if the support is broken again (currently near 12 cents), and if we break back into the bearish channel, that would be a bad sign. So far, there's no reason to assume this will happen. On the contrary, it seems more likely that XLM could make an attempt at its all-time-high sooner than expected. This is speculation and based on my own opinion. This should not be taken as financial advice. -Victor Cobra
BITTREX:XLMUSDLong
by VictorCobra
The Stellar OpportunityWith BITFINEX:BTCUSD screaming high above $8k, we've seen most alt coins lag quite a bit. Most performances have been pretty bismal, but I think things may be about to turn around if we can see Bitcoin cool off here. One coin that grabbed my eye was BITFINEX:XLMUSD . I did some chart analysis and it seems to have reversed trend giving us a great set up with good potential upside of around $0.30 for my near term target. I entered a trade at $0.11 Case for the Bulls: Strong bounce off of supporting trendline Clean break out from suppressing trendline First bullish sign from Lazy Bear Indicator Bitcoin showing upside Case for the Bears: General Altcoin market conditions may not yet be ready Case for this to be a bull trap Overall, as long as we hold the supporting trendline, we have an uptrend. All we must do is buy the higher lows and protect our capital in the event of a reversal. Nothing fancy here, just good ole trend trading. Cheers.
BINANCE:XLMUSDLong
by micahjmiller
Potential H&S forming on XLM/BTC. Watch these key areas.Potential H&S forming on XLM/BTC. The next day should tell us what we need to know and whether a reversal of the bearish trend will happen. With BTC gaining a lot in the last few days it has made trading tough and a lot will depend on BTC performance but if we can break through that neckline and climb to 1500 sats then we may see a quick climb. Keep your eyes on the charts as falling through the 1375 area would negate this trade and the H&S formation. As it is we are very close to the tip of the second shoulder if one is to form. Good luck out there
by TheMagpie
1