Stellar ready for interstellar travelXLMBTC is the largest base I have ever seen in crypto. The weirdest and largest at the same time... This could seriously reach the stars once it gets going. I think there are some pretty big forces behind stellar, especially as Jed McCalleb has managed to escape from the wrath of the SEC.
Stellar is one of those coins that had a massive run in 2017, its supply also increased massively, was the only one that held strong without capitulating for so long... And was the only such large coin with such few listings. Clearly a lot have changed since then, tons of listings, tons of news pairs and so on... And I think this will have a massive impact on the price. Jed is also a very rich and powerful man and they are trying to do quite a lot of stuff to send it much higher. In terms of price, this is more than ready.
The two lines are the places i'd sell some short term. Looking fantastic and I don't think the pump will be delayed for much longer, especially when it makes a new ATH vs USD.
Xlmbtc
Stellar (XLM) - May 4Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(XLMUSD 1W chart)
(1D chart)
You should watch for any movement that deviates from the 0.50032101-0.65641072 section.
In particular, we need to see if it can climb along the uptrend line and rise above the 0.61234368 point.
If it falls at the point of 0.44829110, a Stop Loss is required to preserve profit and loss.
However, it may rise along the uptrend line, so careful trading is necessary.
-------------------------------------
(XLMBTC 1W chart)
It remains to be seen if it can move above the 1029 Satoshi point and turn into an upward trend.
(1D chart)
We have to see if we can rise above the critical point, the 1029 Satoshi point, and get support.
In particular, we have to see if we can move upward from the 1130 Satoshi point and move towards the 1560 Satoshi point.
It deviated from the long-term downtrend line, and the starting point of the uptrend is expected to begin with support at the 1029 Satoshi point.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Follow The Dots I DoI started trading XLM in 2018 when trading was strictly btc based. Then it seemed to lay low for a year and a half till late 2020. Staring last November XLM started making a real nice wave pattern on the MacD 1 D. Since XLM is a longterm stable coin in the crypto world, it provides a great example of the trade on the MacD dots.
For the last three years I’ve been trying to figure out a trading strategy that works for me. You see, I don’t have five big computer screens showing me the actual electronic pulse of crypto space that I can glue myself to. I got a job. I cook in the house. I try and go fishing occasionaly. I don’t want to be fretting and worrying about a trade I make. Nor do I have time to be “on it” all the time. What to do says I.
Then a postulation. What if one just traded following the MacD 1 D dots.
I was giddy with excitement.
Could this be a concept? Could this allow me to trade oh with ease on my shoulders and good sleeps at night. Lets us use the last XLM MacD 1 D wave that started November 07 and SEE if this concept could actually work.
To even make it more for me, I’ll just admit up front that I miss the lower buy dot and the upper sell dot by 1 day. You know, because I have a job, and gotta cook and fish once in a while. I also roughly estimated the purchase price on that day to keep math simple. Let’s use an initial invetsment of $1,000 so it’s easy to see where we end up.
1st trade
buy - Nov 07 @ 0.08
sell - Dec 05 @ 0.16
result - +100% = $2,000
inconsequential (incon) trade - Dec 19/21
An inconsequential trade is basically an in and out. It has no great effect on the outcome so I didn’t include them in the math. I show them because they happen. Fortunately, there are only two during this time period.
2nd trade
buy - Jan 06 @ 0.33
sell - Jan 18 @ 0.29
result - - 14% = $1,720
3rd trade
buy - Feb 01 @ 0.31
sell - Feb 21 @ 0.50
result - +61% = $2,769
inconsequential (incon) trade - Mar 21/25
4th trade
buy - Mar 30 @ 0.39
sell - Apr 18 @ 0.59 / 0.52
result - +51% = $4,181
5th trade
buy - May 02 @ 0.54
Man I wish I really did this because I’d be pretty happy right now. Anyway, life isn’t that simple. Of course I do due diligence, I follow some social media, although I find it thick with too much comment. I also utilized all the time frame MacD’s as well as other indicators to get a good overall and specific picture when choosing a buy in / sell out.
Therein lies the basis of the concept.
So where now XLM ?
Well the 5th pretend trade is active. I believe we’ll see another uptrend ossilation with the high perhaps 0.90 or maybe even that elusive yet shinny penny man.
My thoughts, not advice Oklah. Cheers
Elliott Wave Analysis: XLMBTC + ADABTC With Corrective PatternsHello Crypto traders!
Today we will talk about XXX/BTC cross pairs in the Crypto market as we see interesting developments.
In the previous articles we shared ETHBTC cross pair and BTC.Dominance chart which we potentially see them approaching key and strong target levels.
In this article we want to show you another two examples of XLMBTC + ADABTC and why BTC may start dominating soon.
Well, if we take a look on XLMBTC, we can see mostly sideways price action and corrective wave structure since January and more and more looks like a bearish triangle formation, which is a corrective and continuation pattern that can send the price back to 0.0000035 lows, while it's beneath 0.000013 invalidation level.
Even ADABTC has a corrective wave structure since March. Just like XLMBTC, it can be also finishing an a-b-c correction, it's just different type of a correction called flag pattern, so here as well we can expect another reversal down back below 0.00001750 previous lows, while it's beneath 0.000032 invalidation level.
All that being said, be aware of a return of BTC.Dominance that can cause even more downside pressure for XXX/BTC cross pairs soon.
If you like what we do, then please like and share our idea!
Be humble and trade smart!
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Cup This XLM/BTC #Stellar $XLM #XLMHere we see our XLM weekly chart from Binance. Today we pushed up over 900 sats again and are coming right to the bottom edge of the weekly Ichimoku cloud . Before long we should break through and into that cloud.But I still feel this is developing into a Cup and Handle pattern also, just as a few other charts also have . It won't be long ,once we are inside the cloud , that we will run up to the .236 fib at 1926 sats. Target above that is a strong resistance near the .382 fib near 2862 . After that we should run up to that blue line which is basically the lip of the cup ( as well as our .5 fib ) near 3619 . Once we can actually break above that area the target of the Cup and Handle pattern should be near 6790 . Now that is like 7 and a half times up from where we are now and that could take awhile . I can't guarantee how long that might take but XLM does seem to be on the way up .
XLM - Something Good Will Happen Soon Hi, this is my update for XLM, in the last 3 days XLM is up around 25% after a big fall from $0.60 to $0.38. XLM has tested both the support level $0.40 and SMA100, also it held very well. Good news is that we are again above the SMA50 and the support level $0.455. I expect we are going to test the resistance level between $0.53-0.56 (Green Box) and after that we are going to see a normal pullback all the way to backtest the support level $0.455 to make a beautiful bottom head and shoulders, then we are ready to takeoff. + We have already made a double bottom in RSI and MACD is ready to turn green. So be patient and don't PANIC ;)
Stellar (XLM) - April 24Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
----------------------------------
(XLMUSD 1W chart)
(1D chart)
We need to see if we can get support at the 0.44829110-0.50032101 section and climb along the uptrend line.
If it falls at the point of 0.34423129, a Stop Loss is needed to preserve profit and loss.
In order to turn to an uptrend, it must rise above 0.51582250 and gain support.
------------------------------------
(XLMBTC 1W chart)
You should watch for any movement that deviates from the 566 Satoshi-1029 Satoshi section, which is the box section.
(1D chart)
We must watch for any movement that deviates from the 851 Satoshi-908 Satoshi section.
In particular, it remains to be seen if it can rise along the uptrend line.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately represents the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Lumen (XLM), Stellar’s native token $XLMUSD entry PT .342 PT .6921Shares Launches Stellar (XLM) & Cardano (ADA) ETPs, A Global First For Both
Stellar, is a purpose-built blockchain enabling the transfer of any kind of assets and currencies; for example Bitcoin, dollars and euros, and allowing developers to build low-cost financial services on the platform. Lumen (XLM), Stellar’s native token is a utility token for the platform to pay transaction fees. Stellar was founded in 2014 by Jeb McCaleb, co-founder of Ripple, and since then the network has processed more than 450 million operations made by over 4 million users.
Both AXLM and AADA ETPs will allow clients to diversify and gain exposure to cross-border transitions between any pair of currencies whilst Cardano will help running smart contracts using proof of stakes on a level previously not possible executing using your bank or broker. The ETP structure is 100% physically collateralised, segregated and replicates 1:1 the tracking of both crypto assets. Coinbase will assume custody for XLM and Kingdom Trust for ADA. Physical replication for AXLM and AADA aims to track the performance of stellar (XLM) and Cardano (ADA) with each unit of the ETP backed by approx. 40 XLM and 16 ADA respectively at launch. Both products have a base fee of 2.5% p.a and will also be available on the Stuttgart and Dusseldorf MTFs.
The entire suite is listed on a regulated framework on the official market of Deutsche Boerse, SIX Swiss Exchange, BX Swiss and some on Börse Stuttgart in CHF, USD, GBP and EUR respectively. Founded in 2018, 21Shares is led by a team of talented serial entrepreneurs and experienced banking professionals from the technology and financial world. Incorporated in Zug, with offices in Zurich and New York, the company has launched several world firsts, including the first listed crypto basket index (HODL) ETP in November 2018. 21Shares has 12 crypto ETPs listed today and has over $1.55 Bn in AuM in total listed products.
One good trade⚡️Good day starts with a good trade, folks🔥
There is one more Flag formation on XLM / BTC crypto pair.
The price was in a slight bullish trend begore entering into consolidation.
Multiple times it bounced from support and resistance zones.
Bullish impulse is expected after breaking resistance zone .
So follow the chart and look for the breakout carefully.
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