Stellar Could Grow x2Stellar continues to move within the descending channel producing lower lows and lower highs. Trend remains bearish while price formed the low at $0.15.
The most recent bounce of the upper trendline of the descending channel was on 28th of May and since then price has formed the resistance at 0.23. In order for STR/USD to start moving higher $0.23 resistance must be broken with a daily close above that price.
It that happens, Stellar is likely to start correcting upwards and potentially double in value, as the next strong resistance is seen at 88.6% Fibonacci retracement, that is $0.44.
On the other hand if resistance will be rejected, yet another wave down could be expected towards previously established low at $0.15 or a psychological support at $0.1
Strusd
STELLAR. New Buy Zone, Target & New Buying Opportunity in STRUSDTechnical analysis:
. STELLAR/DOLLAR is in a down trend and Beginning of up trend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
Trading suggestion:
Although current trend is downtrend, but we forecast a uptrend wave would begin in Midterm.
Price is in the Buy Zone (0.23 to 0.18), we would set orders based on Price Action and expect to reach short-term targets.
. Beginning of entry zone (0.23)
. Ending of entry zone (0.18)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.31
TP2= @ 0.40
TP3= @ 0.46
TP4= @ 0.66
TP5= @ 0.74
TP6= @ 0.96
TP7= Free
Stellar Buy IdeaSTRUSD Buy Idea @ Weekly Demand Zone (0.19251715 - 0.003609146)
Buy Limit: 0.35000000
Stop Loss: 0.003609146
Take Profit: 0.003609146
Stellar LOOOOONG #str #stellar #cryptocurrency #money #bitcoin I would like to point out to you how well Stellar is going to do for the next 6 months...
This is at a second place for growth potential for me as for the top 10 coins on coin market cap right after EOS
Here is why :
There is a big bullish hidden divergence on Stellar that starts beginning November with a value of $0.029 and that comes to nowadays with a value of $0.23.
That's a huge growth guys ! 693% to be exact !
Dude that's just huge. HUUUUUGE for a coin with such a BIG market cap !!!!
Now my divergence is good for growth, it means that in the next 3 months we will see this coin rising with another 690%.
That will bring us to $1.6 !!!!!
HUGE profits to be made here. Please ! Be my guest !!!
Stellar buy zoneOversold daily, bounce expected.
Buying at 10-15 cents in a few days, sell if not breaking downtrend line.
STELLAR , There is a good buy trading opportunity for STRUSDTechnical analysis:
.STELLAR / DOLLAR is in a range bound But beginning of Up trend is expected.
.It's below the 21-Day WEMA which acts as a dynamic resistance.
.The RSI is at 44.
Trading suggestion:
There is possibility of temporary retracement to suggested support zone (0.31 to 0.18), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (0.31)
.Ending of entry zone (0.18)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take profits:
TP1= @ 0.40
TP2= @ 0.46
TP3= @ 0.66
TP4= @ 0.74
TP5= @ 0.95
TP6= @ Free
STELLAR LUMENS/ USD 2018 PredictionI Believe we are just about to start the 5th wave of the Elliot count.
This is a LOG Scale dating back 1 year starting from the Pump that happened May 2017 to the present day.
We are closing in on the descending wedge which should hopefully signal a break out. I dont believe this will be as big as the last pump, but theres still plenty of blue sky left in this run.
Im seeing a Top around $2.00-$3.00 near end of April early May followed by a steep correction and long consolidation that should last the entire summer into late fall early winter.
Then 2019 should begin the next market cycle there after.
Just my humble opinion... I could be wrong, but this is how i see the stellar cycle playing out
Feel free to add comments and give your feedback.
Stellar: The ultimate breakoutStellarLumens has been in a falling wedge for months now. Falling wedges are a great buy opportunity
because most of the time they will breakout when the price touches the trend line for the 5th time (ABCDE sequence).
There has been a lot of hype around StellarLumens on social media which is also a great sign.
Next to this the MACD had an bullish crossover which is a good sign.
I presonally am accumulating starting now.
STRBTC XLMBTC clear bearish divergenceYou can see the clear bearish divergence on the chart.
Price has bounced from .618 fib. Volume was not so great so its signal that bull are waiting.
Stellar actually has no support till 200MA (~2500 sat).
Profit area 2920-2860 sat.
I don't expect increasing of volume and some strong bull moves till April. There may be some upward move after bitcoin futures contracts expire in March
Stellar is close to the February lowsDespite the breakthrough of Global Angle Resistance, which supposed to mean the end of the downward tendency and a starting point of the bullish movement, STRUSD drew the Head And Shoulders figure in the resistance zone (probably caused by the fixation of profits by Traders who invested on the 0.26 levels) and went down.
Judging by the fact that the pair stopped falling in the support zone, above the 0.333 support, these levels are still attractive for buyers.
Nonetheless, the situation looks bearish and to consider further grows I would like to see how the price crosses new Angle resistances, corrected by the recent breakthrough of the Global Angle Resistance. Otherwise, the bias stays bearish and too close to the February low, the breakthrough of which borders with the collapse of the coin.
Stellar resistance zoneStellar broke above the global correction angle line and held in a narrow zone below the resistance level 0.45.
Overall the pattern looks bullish, and it seems that the coin is gaining confidence to test the 0.45 resistance.
Nonetheless, falling volumes shows that traders are losing interest in the current price and maybe waiting for on more dip to buy lows.
For the last two days, traders are more concerned about Bitcoin grows and testing of the 10000.0 resistance, breaking of which could mean a lot for the investors.
Also, the 0.45 - 0.5 zone consist a lot of selling orders. Also, 50% Fibonacci lies in this zone. Hence, a breakthrough of the Resistance zone is required to confirm an uptrend scenario.
If bitcoin will not break the 10000.0 level and hold above - it is possible, that traders will go back into altcoins and push prices higher. Otherwise, I would expect a correctional move tot he 0.4 support.
Stellar to buy or not to buyThe facts that STRUSD stay on top of the support zone and 61.8% Fibonacci level of the global trend talks in favor of the bullish scenario.
The pair is drawing a bottoming pattern, and if we consider this coin as an investment opportunity, such low prices would be a good place to buy.
Nonetheless, there are couple strong resistance levels from the upside, which have to be broken to confirm the beginning of the uptrend.
The 0.4 resistance is being tested now, but low volumes and slow momentum question the possibility of the breakthrough in near-term.
Scenario: rebound downwards from the 0.4 and one more test of the angle support line; Then deeper correction or bounce-off from the angle support line and testing of the resistance angle and 0.47 level.
Stellar in the support zoneSTRUSD pair showed a strong support zone 0.25 - 0.4 with sharp rebounds and high volumes which is slightly below the 61.8% Fibonacci level of the global uptrend. The 200-days EMA stays below, which adds bullish value to the global bias.
Nonetheless, the breakthrough of this support zone did not happen yet. And I assume that the breakthrough, only after which the uptrend could start will need some fundamental support and rising volumes with upward momentum.
The forecast for near-term - lateral movement in the 0.25 - 0.4 channel.
STRUSD Until the moon : the rally just begin now The rally just started.
Long 0.0000461 BTC
1st Target 0.00005 BTC
Stellar buy levelMACD intersection + squeeze momentum indicate another leg down, looks like a bearish wave.
In this case buy level will be 0.15-0.25 usd.
A bullish movement will be confirmed only after channel break.
STR Stellar signs point to breakout MACD, pattern confirmationsall signs pointing to a stellar climb