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Xlmbtc

XLM retracementPlease feel free to comment or challenge me on my TA. Or leave a like to show support. Thank you! ------------------------------------------------------------------------------- Stellar has been ranging in the yellow box since the beginning of July 2019 and is very much due for a breakout/-down. And there are many factors that come into play here. - MACD indicator show the 12-day EMA is crossing below the 26-day EMA. In 2020 this has led to a period of downward momentum twice. As shown by the yellow arrows on the MACD. - Each time this happened, Stellar retraced back to either the bottom of the channel (daily support @ 595 sats) or to the middle of the channel (daily support @ 711 sats). As shown by the yellow circles. - Should this happen again, we'll see a nice retracement towards either 711 sats or 595 sats. Either way, I'll be setting my buy order just above 711 with a SL of about 2%. If my SL is filled, I'll place a new buy order just above 595 sats, with a SL of about 2%. Targets will be the daily levels shown on the chart.
by Coinathlon
XLMBTC Range Median| Structural Resistance| S/R Flip Evening Traders, Today’s Analysis – XLMBTC – must hold range median upon a retest to test structural resistance (range high) Points to consider, - Range median (local support) - S/R flip retest must hold - Structural resistance (Immediate target) - Volume below average XLMBTC’s range median is in confluence with local support, a trade location where an S/R flip must hold for a bullish continuation. The structural resistance is a technical target as it is the range high of this consolidation area. Volume is clearly declining and remaining below average, this is usually an indication of an influx being imminent. Overall, in my opinion, XLMBTX needs to develop more to confirm its S/R flip. Establishing a new level as support will allow for a defined risk long trade into structural resistance (range high). What are your thoughts? Please leave a like and comment, And remember, “Remember our definition of a winning attitude: a positive expectation of your efforts with an acceptance that whatever results you get are a perfect reflection of your level of development and what you need to learn to do better.” ― Mark Douglas
Long
by AzizKhanZamani
2
XLM to the moon ? Another 300% + mega cycle loading read whyHI guys & girls Today we are looking into XLM (stellar) chart. What XLM did twice was pretty amazing. That chart shows us the gains vs the Bitcoin! The chart shows us the accumulation zone and what happens when XLM explodes from it. What is the news behind the current situation? Bitstamp (the odlest, most respectful crypto exchange) will list XLM on 15.June The Bitstamp exchange hasn't listed new coin in about 3 years, so when ever they do it, it makes notable impact on the price. They are very conservative and chosing to work only with long lasting, stable projects. There is no crypto exchange with more stable business model as Bitstamp. Buckle up guys, XLM could bring us 300% in following months.
Long
by bloodgood
24