Could STRUSDT give us a short term profit..?..The wedges are indicating a move is happening. My bet is a short term upward trend regardless the 1 day chart which is not indicating a positive move. Target 1 is the .38 fib level. Stop loss set at 0.50
Happy trading
STRUSDT
Going Stellar (STR/XLM) Bull Flag/Pennant Breakout w/High VolumeGoing Stellar (STR/XLM)
Bull Flag/Pennant with a Strong Breakout with High Volume
Bounced Strong Off New Bottom After Massive Crypto Correction yesterday on the S. Korean Fake/Hype News FUD (Fear, Uncertainty and Doubt).
10 & 50 EMA (day moving average) are curled in a nice upward direction.
MACD crossed bullish green curling upwards with lots of buying room.
Once it gets through this resistance level into the mid 0.70's there is low resistance through to new highs.
Transactions on the decentralized Stellar network resolve in 2-5 seconds for a fraction of a cent, aiming for low-cost payments between different currencies. Stellar is a decentralized, hybrid blockchain that is fully open-source. It is infrastructure that exists to facilitate cross-asset transfers of value, including payments. With just one integration into the Stellar Network, you will join an open, global financial network where all actors – be they people, payment networks, or banks – have equal access & economic participation. With a team of top technology and finance professionals, the nonprofit Stellar 0.00% .org expands access to low-cost financial services to fight poverty and maximize individual potential. Stellar 0.00% (Lumens) (STR/XLM) is supported by IBM , Deloitte, Stripe, Google.org, Blackrock and loads of other big companies.
"Stellar itself is a modified fork of Ripple, an initiative led by Jed McCaleb following his exit in 2013 from Ripple Labs, which he co-founded." ref. www.coindesk.com
Stellar has less than half the circulating supply as Ripple, yet currently is less than a quarter the price of Ripple. It also has a far more clearer humanitarian objective than any altcoin that I have seen articulated thus far.
Looks interesting to me with still a lot of upside potential. US Dollar parity is getting closer and closer, as it goes the way of Ripple. $10 USD parity in 2018? Given the way this market can sometime move, as well as the fact that STR ( XLM ) is valued far less than any other of the top 18 crypto currencies, I wouldn't be surprised at all to see it pass 1 USD parity in the coming weeks-month and even break the double digit value (i.e. $10) in 6-12 month's time, but who knows.
Stellar has one of, if not the most transparent and informative sites in the industry: see www.stellar.org Check it out.
I also found these videos simple, straight forward and very informative:
youtu.be
youtu.be
youtu.be
youtu.be
youtu.be
youtu.be
Stellar Development is led by Jed McCaleb (resuming development of the open-source technology he created at Ripple), founder of edonky and Mt. Gox before selling it to the one who messed it up, and Professor David Mazières (head of Stanford’s Secure Computer Systems group, creator of SFS and bcrypt).
The Foundation is led by Joyce Kim as Executive Director (former attorney and VC with public interest experience).
The Foundation’s board is Keith Rabois (early Paypal, former COO at Square), Patrick Collison (CEO of Stripe), and Jed McCaleb.
The Foundation is advised by Dan Kaminsky, Joi Ito, Ronaldo Lemos, Linda Stone, Sam Altman, Naval Ravikant, Jackson Palmer, Greg Stein, and Matt Mullenweg.
Stripe has provided initial funding to help get the network off the ground.
Of course, "this is not financial advice". I'm just sharing my research, thoughts and ideas.
All the best luck trading
Stellar Holding at SupportCurrently STRUSDT is holding at around 0.60. Look for a bounce to signal a bullish move, but a break down below support could mean trouble as there is not much to hold below 0.60.
Stellar (STR/XLM) Double Bottom Reversal Confirmation w/VolumeStellar (STR/XLM)
Double Bottom Reversal
Confirmation with Heavy
Upwards Volume Buy Signal
MACD is just breaking green curling upwards from well below zero zero. RSI is oversold with lots of buying room upwards.
Interestingly, Stellar was a hardfork from Ripple in 2014. Transactions on the decentralized Stellar network resolve in 2-5 seconds for a fraction of a cent, aiming for low-cost payments between different currencies. Stellar is a decentralized, hybrid blockchain that is fully open-source. It is infrastructure that exists to facilitate cross-asset transfers of value, including payments. With just one integration into the Stellar Network, you will join an open, global financial network where all actors – be they people, payment networks, or banks – have equal access & economic participation. With a team of top technology and finance professionals, the nonprofit Stellar 0.00% .org expands access to low-cost financial services to fight poverty and maximize individual potential. Stellar 0.00% (Lumens) (STR/XLM) is supported by IBM , Deloitte, Stripe, Google.org, Blackrock and loads of other big companies.
Looks interesting to me with still a lot of upside potential. US Dollar parity is getting closer and closer, as it goes the way of Ripple. $10 USD parity in 2018? Given the way this market can sometime move, as well as the fact that STR ( XLM ) is valued far less than any other of the top 18 crypto currencies, I wouldn't be surprised at all to see it pass 1 USD parity in the coming weeks-month and even break the double digit value (i.e. $10) in 6-12 month's time, but who knows.
Stellar has one of, if not the most transparent and informative sites in the industry: see www.stellar.org Check it out.
I also found these videos simple, straight forward and very informative:
youtu.be
youtu.be
youtu.be
youtu.be
youtu.be
youtu.be
Stellar has less than half the circulating supply as Ripple, yet currently is less than a quarter the price of Ripple.
It also has a far more clearer humanitarian objective than any altcoin that I have seen articulated thus far.
Of course, "this is not financial advice". I'm just sharing my research, thoughts and ideas.
All the best luck trading
Stellar How to Trade The price bounces from SMA20 and RSI confirms price reversal. In spite of MACD confirms further downward movement, we can place pending orders for buy above the high of the bullish candle in order to catch possible new upward movement in time. The possible entry level should be 0.79 with stop orders below the local swing low at 0.61 level. This buy signal can be considered as short term trading with close profit targets at 0.90 and 1.00 levels. But if you want to take part in long term trading, it's better to wait for price reversal from the support zone which is formed by SMA50 and 0.50 support level. Buying from this zone, we'll do have more potential for new upward wave.
Going Stellar (STR/XLM) Up the Bull Flag StaircaseGoing Stellar (STR/XLM) Up the Bull Flag Staircase
Bull Flag after Bull Flag (breathers) up the staircase to heaven. 50 EMA (50 day moving average), RSI and MACD all curling upwards, as it's looking like it's getting ready for another wave.
Transactions on the decentralized Stellar network resolve in 2-5 seconds for a fraction of a cent, aiming for low-cost payments between different currencies. Stellar is a decentralized, hybrid blockchain that is fully open-source. It is infrastructure that exists to facilitate cross-asset transfers of value, including payments. With just one integration into the Stellar Network, you will join an open, global financial network where all actors – be they people, payment networks, or banks – have equal access & economic participation. With a team of top technology and finance professionals, the nonprofit Stellar.org expands access to low-cost financial services to fight poverty and maximize individual potential. Stellar (Lumens) (STR/XLM) is supported by IBM, Deloitte, Stripe, Google.org, Blackrock and loads of other big companies.
Looks interesting to me with still a lot of upside potential. US Dollar parity is getting closer and closer, as it goes the way of Ripple. $10 USD parity in 2018? Given the way this market can sometime move, as well as the fact that STR (XLM) is valued far less than any other of the top 18 crypto currencies, I wouldn't be surprised at all to see it pass 1 USD parity in the coming weeks-month and even break the double digit value (i.e. $10) in 6-12 month's time, but who knows.
Of course, "this is not financial advice". I'm just sharing my research, thoughts and ideas.
All the best luck trading
Stellar Buy OpportunityThis trading idea is based on a breakout above the downtrend line and continuation of the main uptrend. RSI confirms price reversal from SMA100. MACD supports upward movement. DMI allows opening long trades. The daily chart looks overbought and it gives us high risk trade on lower time frame. But at the same time we get a new trading opportunity and we can use it for catching possible new upward wave. Use this trading signal or skip, it depends on you only and your goals in trading. Entry level is 0.240000 with stop below the local swing low and the support at 0.140000 level. Profit targets are 0.300000 and 0.500000 levels. Trade with stop orders and use small volume, the market can fall to the previous support levels.
STR USDT Entry Point Reward to Risk 4.25:1Bull flag forming.
If the top of the symmetrical triangle breaks, we should see a new All time high. The gains are typically 80-110% of the length of the flagpole.
Will Stellar Launch to Moon??Stellar is forming a double ascending triangle which it indicates a bullish pattern. It has a resistance at 0.979, so wait until it passes the resistance line and makes a full green candle. I will set a buying order above 0.1 and stop loss at 0.925.
Buy order: 0.1
Stop Loss: 0.925
First Target point: 0.1217
Second Target point: 0.16
Good Luck!
This is not a financial advice, and please trade at your own risk.
If you like this analysis please hit like so I can publish more analysis in the future,
and if you like to support me I will greatly appreciate the donation.
Bitcoin: 17g6gkFRH6AdtziZa5pLsPdbEzJpBCwnZ4
Ethereium: 0x3c0eb2314aa9f50f301550797978eb147c95aeb3
Lightcoin:LTvzJzBY3K3uzLBfr6zs2a2UfjW5KmeDSK
Stellar Bullish DivergenceThe price bounced from the uptrend line. RSI confirms price reversal. Bullish divergence gives a trend reversal signal. MACD supports upward movement. It's buy opportunity. Pending orders can be placed above the resistance level and the downtrend line at 0.032300 level. Stop orders must be placed at 0.026500 level. Profit targets are 0.039000 and 0.050000 levels.
Stellar Buy OpportunityThe price breaks the downtrend line. MACD supports upward movement. DMI confirms trend market conditions and strong price movement. Pending orders for buy should be placed at 0.033500 level with stop orders at 0.025500 level. Profit targets are 0.045000 and 0.070000 levels.
Stellar Pennant Chart PatternThe price bounces from SMA50 which is a support line for the market. MACD lines support upward movement. Also we can draw a pennant chart pattern which also confirms further upward movement. If the price breaks the resistance line of the pennant, this pattern will be realized as a continuation pattern. It will give us an additional confirmation of the upward movement. Pending orders for buy should be placed at 0.035000 level with stop orders at 0.028000 level. The main profit target should be at 0.048000 level. The part of trade volume can be left for the higher target at 0.070000 level.
Stellar Trading OpportunityIt looks like the market reached the bottom. We see that 0.024 support level could stop falling market. If the market bounces from it, this new swing low will be higher that the previous one. It will be good confirmation of possible upward movement.
STR chance to go upSTR showing bullish flag, and now its in demand zone. so, its good chance to buy but first need confirmation and brake this flag up