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Stellar Lumens - 4H Trade IdeaDue to popular demand, this is a zoomed in version of my last Stellar post about the imminent breakout of altcoins and the topping of bitcoin dominance. The move up to 898 sats was held by a historically known resistance level. From there since it didn't break out, the move failed and found the lowest support it could at 685 sats. Entry at the Support @ 685 sats (Anything below 755 sats is a GREAT buy) Short-Term Target SELL @ 898 sats for a 32% gain Long-Term Target SELL @ 1250 sats for a 64% gain History repeats itself on all of these altcoin charts, let alone bitcoin. It really is the start of altcoin season and I could make a chart on every single altcoin, they ALL look the same.. As always please do your own research, I am not a financial advisor.
Long
by kyer
4
Stellar Lumen ($XLM) - trend analysisXLM/USD is still in the downtrend however price reaching major historical support level. For sure it a great place to accumulate some $XLM. There are at least several things that we need to see on the chart to be sure that reversal is happening: 1. Price has to break bold yellow resistance line; 2. Price has to start making lower highs and higher highs on daily chart; 3. Price has to surpass 0.1$ first but minor psychological level If current support level will not hold we may see price going to 0.03$ but it's unlikely in my opinion. In any case 2 year cycle is coming to an end and we will witness a start of new uptrend cycle in the upcoming year. Here is my XLM/BTC chart: Trade carefully and good luck!
KRAKEN:XLMUSDLong
by elefante
Stellar Lumens Potential 200% Play - Daily AnalysisJust like every other altcoin, stellar lumens looks very bullish. It's finally stopped bleeding, and found support at a known monthly level @ 755 sats. For the last 5 months, price has been in accumulation around that level and is starting to breakout. We can confirm this movement by the 'golden cross' of moving averages, meaning the 200MA (white) crosses the 100MA (red). Entry at the Monthly Level Support @ 755 sats (Anything below 755 sats is a GREAT buy) 1st Target SELL @ 1250 sats for a 64% gain 2nd Target SELL @ 1708 sats for a 136% gain This move may take a few months to play out, but it will. History repeats itself on all of these altcoin charts, let alone bitcoin. It really is the start of altcoin season and I could make a chart on every single altcoin, they ALL look the same.. Anyways, If you want to stay updated on this stellar 200% play as well as other altcoins, feel free to join my telegram groupchat. There's a little over 200 of us in there right now talking all-day about altcoins. If you're already in the Telegram, shout out to you guys you're the best!
Long
by kyer
stellar LumenI will see it in the short term. -XLMBTC- There is no big change. Check if you can continue to receive support from 20MA. You should also check if you can climb above the upward trend line. -XLMUSD- It is barely on the downtrend line and is moving. It is expected to touch point 0.04642767 soon. -------------- Too bad. We believe that we should never buy trading that lowers the unit price by buying every time it falls. The strategy is possible to maintain prices by moving above at least 0.00001078 of XLMBTC and above 0.06260065 of XLMUSD. You should absolutely pay attention to trading.
BITTREX:XLMUSD
by readCrypto