Stellarlumens
Wait for confirmation. Keep short for now..$XLM under a sell signal from the UCTS since Nov 22. Around 30% drop since that call. Right now on a descending channel, really close to a strong support around 2900Sats. Set up alarms at that level if price breaks down. Volume doesn't look strong for now, $XLM
If price breaks out from this channel, I would expect it to raise at least to EMA50-100-200 that are very close to each other. For now I will just wait for some confirmation in order to buy XLM. $XLM #Stellar
Stellar seems good buy here.Stellar lumens is following an uptrend in 2h chart.
You can buy some stellar here at current price.
Target is given in chart with stoploss.
Second reason for holding Stellar decentralised exchange is to be launched on 31st december.
Hold your bags.
Invest at your own risk. profit is yours and loss is also yours.
Follow me to get instant update of market.
Falling wedge forming for XLM on BinanceFalling wedge forming on Stellar Lumens. A falling wedge is a reversal pattern and we should watch closely to see if the price can break through the upper trend line of resistance (red).
If the price breaks through near point B, then we take our Fibonacci retracement between EA (highest to lowest).
If the price breaks through nearer to point D, after another small movement down towards our lower trend line of support, then we take our Fibonacci retracement from point EC (highest to lowest).
In both cases, our entry point would be directly above the upper trend line (red), expecting a breakout upward. Then look for an exit at one of the Fibonacci levels to take profit. A good stop would be just below the lower trend line (green) in case it falls back into the wedge and continues to move downward.
XLM Bullish Wedge Pt. 2: Still looks good.BITFINEX:XLMUSD still looking strong after my last post where I PERFECTLY called the target of the bullish wedge. That one was pretty popular so this is the follow up.
After a retracement, it's moved up back to the resistance. If it breaks above the support and confirms it on the H4, then we're good to move up again. Extra bullish bonus points: if this current candle becomes a bullish engulfing candle by surpassing the previous high. However, I think it would be more likely that we get some retracement first. Even the green fib level would be enough. If it bounces right off and starts moving down below the significant fib level within the next day, then it signals that it could be a red pizza slice double top kind of thing. If you don't know what this is, you can read my latest Chainlink analysis. Chainlink and XLM have a lot in common, and that is that they are my favourite alts and the ones I am most bullish on for the long term with great fundamentals. Highly recommended to look into it.
Moving on, let's have a look at our indicators, volume is still very solid today, and the MACD hasn't even crossed over or turned down yet. Very nice. We'll wait for a 4 hour close and hopefully we can get a bull flag that takes the pair to $0.20 or more over the Christmas weekend, but that would need even more interest and maybe even a surprise holiday announcement ;). If we break down, then the target is back to the bottom of the wedge at around 9c-10c. We'll also be analysing Bitcoin's next move so be sure to follow for more updates to come if you are not already.
Happy Christmas!
-Etch.
Previous analysis:
XLM Daily Analysis: $0.13 & The PossibilitiesXLM, the fourth largest Digital Asset has seen a 12% increase, before 2% being shaved off last night as it seeks to cool down before making the next step to $0.13.
What do the charts say?
Bullish
XLM cooled off to the 0.786 fibonacci at $0.118 before making another leg up by 0.45% - it appears that is where XLM will find temporary support before it bounces up to seek to break the $0.13 resistance.
On the lower time frames, the 15/55/90 MA's are set to cross-over the next few hours, that will provide it enough momentum to break past the temporary resistance.
Accumulation despite topping up during the past few hours, is slightly increasing up 2% on the day.
Market sentiment is slowly increasing; partly owing to anticipation of a Coinbase listing shortly.
Bearish
A close below $0.108 would represent a bearish cooling off period - especially over 48 hours.
Nouvive Says: XLM has found temporary support at $0.118 seeking to wait for both how BTC is able to find a definitive support and for the Moving averages to cross-over. It is more than likely we will see a $0.136 break during the course of the day.
Is it falling or rising star? Analytics XLM/BTCSince December 16, the growth of the coin has been observed, but the overall review, in our opinion, does not give grounds for optimism. First, the price is in close proximity to a strong support level at 0.00002945. It reinforced by the rebound of the rate from it, almost the entire purchased volume of the coin has already been sold out. Despite the positive price trend, the sales prevail.
Secondly, the current fall, which began on November 20, is characterized by low, compared with previous recessions, the activity of buyers. It shows decline interest in the asset.
In addition, the current growth going with on average, or even lower volumes, which is not enough for a confident asset growth. Judging by the chart, the highest possible price at the moment is 0.00003377. After that, we expect a fall and a breakdown of the support level of 0.00002945. The next support is at 0.00002600, and probably it will be broken also. But in this area, you should observe the behavior of the price.
XLMOption 1 Bearish 1-5 Impulse: Bottom at 2910-3040, ABC correction to 3310-3520
Option 2 (not shown in this chart): ABC correction finished around 3300, now could start a new 1-5 Impulse to 4310-4470.
Option 1 is more likely to happen due the presence of Falling Wedge structure (shown in the chart) and two H&S patterns completed (not drawn).
Educational
Stellar (XLM) Recently Broke Its Previous LowStellar (XLM), which is currently the 4th largest cryptocurrency by market cap, recently broke its previous low and lost 7.25% over the last 24 hours. This is quite a big drop considering that most of the top 20 cryptos have slowed their descent and are forming support.
The recent break shows downtrend resumption and suggests that another leg of said downtrend has begun. Next support is located at 0.082, a price that was last reached in December 2017. However, before that mark can be touched, we will most likely see a bullish correction based on the oversold condition shown by the Relative Strength Index which is below its 30-mark. The overall bias remains negative.
Support zone: 0.082
Resistance zone: 0.11 (potential resistance; not confirmed at the moment) and the 2 EMAs
Most likely scenario: re-test of 0.11 from below, followed by sideways price action
Alternate scenario: possible move up based on the RSI oversold condition
XLM/USD scenariosStellar has grown 3,736.57% since it first started trading. Stellar had about 42.00% winning months of its total trading age of 52 months. The price of Stellar dropped as much as 26.00% in a single day on Tuesday, January 16th 2018. Stellar grew as much as 50.91% in a single day on Thursday, January 4th 2018. Stellar increased as much as 428.05% in a single month, in November 2017.
However, we are currently looking at a Stellar Lumens bullish confirmation. The outcome is likely to be one of the 2 following scenarios:
Scenario #1: A sideways movement between 0.17 and 1 USD. The longer the price evolves within this purple price channel, the more potential upside for Stellar’s price.
Scenario #2: Follow through that leads the price to 0.35 thus the upper side of the horizontal channel which will ultimately lead to the major breakout once the price crosses above 1 CAD.
Stellar (XLM): There are more than 1,900 crypto coins in the market today and each has a solution it is trying to solve. Surprisingly, none of these can claim monopoly in their jurisdiction but some have superior value propositions backed by a strong unique technology and Stellar Lumens (XLM) has so far impressed the investor as a global financial system.
Stellar (XLM) is rated the sixth largest and most valuable coin in the world. However, its success is based on its development progress for the last nine months. The bearish market has not deterred the platform from gaining more visibility and this has resulted to additional adoption. Here are 5 reasons why Stellar will dominate the financial sector in 2019 and beyond.
XLMUSD - 1D Chart AnalysisAs with other crypt coins, although we have seen a slight "correction" over the last few days, it seems that the bearish trend of Stellar which has started on the 19th of November is "here to stay".
This is due to the price which is still between the 20 days Moving Average and the lower standard deviation of Bollinger Bands and seems to have a considerable distance to recover until this indicator will show the opposite.
On the short term, we can observe some very low price fluctuations due to the decrease of the trading volumes and also of the technical indicators which are in contradiction as it follows:
- The Stochastic has registered a crossover on the 7th of December, indicating the slight increase which we could see in the days after, but another crossover that shows the opposite may be seen anytime soon.
- The RSI is 28 and is also indicating an "oversold" position which can be followed by another price increase but this scenario could be seen starting with the 4th of December and the price changes were not impressive;
- On the other hand, the MACD is still below the Signal and in line with this indicator, the price can go even lower.
At this point, it seems that we have two possible scenarios:
1.We will be able to see the MACD crossing the Signal, which would be considered as a confirmation of a possible short term uprend, supported as well by the RSI and the Stochastic. In this case, we can consider the "Buy" positions with a possible target price around 0.1550$ which is also the first Resistance Level.
2.If the MACD remains below the Signal , we may consider that the RSI and the Stochastic are indicating more a slow down of the price movemets rather than an increase and this period will be followed by another drop. For this scenario, we can consider $ 0.0918$ as possible target price, which is also the first Support Level.
Stellar thoughtsDear reader,
Thank you for your interest. So far I have been very successful in predicting XLM's movements since mid-2017.
(Please have a look at my "Lumeneer" Twitter feed's media forsome good past calls.)
I'm a strong supporter and believer in Stellar Lumens as a project however I think a break from downward trend is unlikely in the near future. I see XLM going as low as 0.07 - a pessimistic outlook for such a promising project.
I am very confident that long term XLM will break $1 so any "buy and forget" strategies will work but if you want to maximise the amount of Lumens you hold you may wish to provisionally set stop losses at expected resistance or indeed short & buy/long at expected support lines.
Another bounce off 0.15 - 0.18 likely and will be a good indication if we're going any deeper as a strong rally from there should fill future projections with an optimistic outlook. If not we have another support line before 0.07 which I see as bedrock - time will tell.
A shallow or failed rally from 0.15-0.18 will likely fall quickly & break support which will see us go further with an expected stop at 0.13 and well down the support lines we go until strong rejection...
As with all patterns and projections, the market is dynamic. We must adapt to moderate-strong deviation quickly and minimise losses. Any trader that losses small amounts has plenty of time to try again!
I have seen some comment about habitually losing out on trading with margin etc. If you are on a losing streak you have to acknowledge that you are doing something wrong. Step back, re-assess put your trades on paper, develop a good track record before commiting capital again.
Otherwise I wish you all good trading and many Lumens.
-Geek
STELLAR LUMENS / SHORT OPPORTUNITY / H1XLMBTC
Trading Bias: Short
Technical Strategy: Harmonic Bat
**FULL DISCLOSURE. I AM NOT TAKING THIS TRADE**
The only crypto I will trade is Bitcoin/Eth/Ripple
I happened upon this chart by request of a TradingView user and made analysis for them.
--> Wait for price to reach the D point / Sell Zone. Once in the Sell Zone shorts may be taken. If you need help with what a trade trigger looks like, watch my video on trade triggers <--
XLMBTC - HARD FORK - 9TH DECEMBERBuy Price: Green Zone
SL: Red Line
Profit: Blue Lines
Invest Suggestion: 20 Percent
Profit Expectations: 10 - 30 Percent
Looking at the chart of XLM, we could see all indicators pointing to sell it! But we have a hard fork on this coin on 9th December( this might causa a reversal tendency)!
Also, RSI is oversold!
Guys and Girls, this is a risky trade due to the majority of indicators point sell and due to BTC crashing, so, if hit the SL, SELL IT!
Sell when you get some profit, according the way you trade.
Keep following us and please like this idea.
Any doubts? Send in the comments or in our telegram or Inbox here.
Thanks for visiting.
XLM/BTC will the 0.786 Fibo level stop the price? As you can see, I've been following XLM for the long time.
XLM has broken its local trend support line, and now is going down with no retracement.
But down there are several strong supports:
1) 0.85-0.786 Fibo zone
2) Trendline Support
3) Strong support line on 0.00003300 BTC
4) RSI is on its lowest value since Jun.30 , 2018
Signal: Place your orders equally on the mentioned levels.
Additionally: Very Good Fundamental!!!
Watch Out For XLM!Stellar will always be one of my favorite coins, but right now, it's on the verge of breaking down. Watch this 3500-3600 area. If we go below, there are some fairly low targets, especially in USD value. XLM has made it to the top 4, which is promising, but it's starting to lose some steam. We really need to see a bounce now in order to continue the bullish trend against Bitcoin. I hold a fairly large position in this coin, so it would be unfortunate to see it drop further, but it's a very real possibility.
We have a potential long opportunity here with a buy in point between 3500 and 3600 for XLMBTC, with targets upwards for 4000. However, a stop loss is recommended, as we can get a pretty severe breakdown (look what happened with EOS recently, for instance). I'd set a stop below 3500, depending on your risk tolerance.
As you can see, on the XLMUSD chart, we are right at a yearly support zone. If this breaks, we have support in the green zones. Resistance is around 18 cents, and we have recently failed to get back above it, which is pretty bearish.
However, a bullish case can be made if this bullish divergence plays out on both the USD and BTC charts:
Resistance:
3900
4000
4500
4700
5000
Support Levels to Watch:
3540
3500
3300
3000
2900
2100
1800
1300
This is not financial advice. This is for educational purposes only.
Previous XLM chart:
AS much as it hurts to say, XLM still has room to fallHi again, I really didn't expect such a dramatic fall in BTC recently so my prediction of buying XLM at 0.195 ended up being wrong For that I apologise.
What I expect from here is BTC to fall a little further over the coming days and weeks and with it the rest of the cryptosphere. 0.08c is a strong support for Stellar but not a lot in between unfortunately. Ideally I would be looking to buy a little at these targets
T1: 0.135
T2: 0.12
T3: 0.8
Remember, a bottom can only be called many weeks or months after the fact. Don't believe anyone who says this is 'definitely' the bottom.
This is not trading advice just an example of how I will trade this mother. Have fun and be careful out there.