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XLM - Buy when there is blood on the streets Thanks for viewing, XLM is near to multi-year lows, but there are signs of support. This is my count, a count that applies to a lot of altcoins that despite showing some bullish action earlier in the year, are now re-testing the lows of 2019. Another possible count is that the big rise and fall-back (not yet to >100%) is wave 1 and 2 of a bigger new move up. Both counts are bullish, but bullish to different extents. Still, there is strong bullish RSI divergence, MACD histogram ticks to the upside, the MACD moving averages are below the zero line but have crossed over and are heading upwards. I see enough fundamental and technical reasons to start buying - and I think I am very lucky to be able to buy at such low prices. Fundamental reasons like: - Recent news from Stellar allows staking as a way to support the network as well as gain extra airdrops on Binance - Over $750,000 in airdrops to be given away over the next month and a bit. There is other good news for XLM (it will take a lot of XLM off the exchanges to earn airdrops). Also XLM has two good use cases: - Tempo as a platform built on the Stellar network with a very good chance of challenging the high cost, slow, international remittance industry www.stellar.org 600,000 transactions can be sent for USD 0.01. That will be most welcome news to all those who lose 10-20% of their funds sending them home from overseas. These fees are so low as to be effectively free. - Stellar as an ICO platform. Developers who want to launch a token or ICO on the Stellar network don't need to learn a new coding language (like "solidity" to launch on ETH) but can use common coding languages already in use. ICOs can be launched within days. - My BTC count also points to the BTC correction as being complete. BTC has dramatically out-performed most alt-coins this year but I would expect that to change if BTC re-starts its bullish momentum while alt-coins have undergone significant consolidation. I am taking a position in XLM buying both in USDT and BTC. Protect those funds.
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by flyinkiwi10
1
$XLM #XLM Stellar - Pls SirLooks like a bottom, smells like a bottom, tastes like one too... I don't trade bottoms though... "I never buy the bottom, and I always sell too early" - Jesse Livermore If we can get above the red box, I'm a believer in alt szn (kind of a joke) Even if Peter Brandt's current narrative of 80% decline in Total Market Cap comes true, the top coins could still rise If this happens, I would expect the beginning of the end for 95% of the scam projects in this space, and the thriving of the remaining 5% Do you think you'll be holding one of the coins in that 5%? "Dot com bubble as the narrative" - Peter Brandt Seriously though I wouldn't touch any alt coins with a 10 foot pole until further confirmation of where the market is headed When alt/btc pairs pump while btc/usd dumps, you must question whether or not you should even be in the market... Why? Because even if your argument during these types of movement is "Well my goal is to accumulate more BTC, not USD"... You can usually make more BTC by just holding a stable fiat/USD position (i.e. not being in the market), and just purchasing more BTC for less dollars after BTC drops, but with much less market exposure and much easier to apply Risk Management
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by MacroWeav
Prepare for liftoff! XLM loading up for a 300% moon shot?!Join us today: t.me The Next Level Crypto team has found another gem for you! XLM has been been down trending in a massive falling wedge for the last 230 days. However, it has finally retraced to its lowest trading price range on Binance and is starting to show signs of life! Bullish divergence is playing out across the daily RSI and it has broken the RSI down trend line that has acted as resistance in this falling wedge. This RSI breakout is the first sign of a momentum shift for XLM. The Next Level Crypto Team is beginning to accumulate XLM in our buy zone between 730-930 Stats. T1:1300 T2:2100 T3:2900 If you found this post helpful, like, comment, and subscribe! Telegram Signals t.me Twitter twitter.com
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by NextLevelCrypto
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Stellar – 310% Profit Possible. Bullishness in the air.Hi Guys! Today we recognized another interesting opportunity. XLM price touched one of the lowest levels ever at 0.00000726. This is the minimum from December 2017. From that point, the price started mooning. Of course, the market was different at that time but the current price is super low and very attractive. Given that the alt season will eventually start, we can count on very high profits soon. Here are the technical analysis details: • The price is heavily oversold - it is time for shopping. • RSI – positive divergence - bullish • Weis Waves – there is a clear decline of the supply which is also bullish • Ichimoku Cloud – the price is about to cross Tenkansen which means bullishness in the crypto world. Wait till the daily candles close is above Tenkansen. • Don’t forget to set you stop-loss – 10/15% below the level you buy. That’s it. Thank you for reading and your time. Let us know whether you think this is a real bottom. We do. Please comment down below. Have a wonderful weekend. MASSIVE Hugs! WBM Team.
Long
by WBM_Team
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