WHY CAN XLM ABLE TO BOUNCE 3000% NEXT FEW WEEKS ??Traders,
Here we have XLMUSDT 1D chart.
It's an interesting idea with interesting title, So let's immediately explain.
XLM time history only found on POLONEIX Exchange..and by looking at the chart we have a situation here:
1- 50MA 100MA 200MA all crossing each-other with an important GOLDEN CROSS 50 over 200
2- ABCD triangle which is the only one left not broken yet comparing with the rest of all pairs.
Okay that's very bullish, but that's not the interesting part the thing is by looking at the same exact situation of crossing and pattern we will find at happened once
on 12th Nov 2017 here below:
and then guess what ?
3300% I absolutely don't confirm that it will happen but it worth to take a good look from traders.
If you appreciate this kindly press LIKE.
Regards,
Mohsen
Xlmbtc
XLM/BTC Update
Indicators :
DMI+ manage to get above DMI- indicate bull trend is begin to emerge while the range in between still close enough. cannot confirm which trend is currently dominate until either DMI- (red line/bearish) or DMI+ (green line/bullish) is get above one of DMI line and made a huge range in between . DMX still low.
MACD : small buy histogram is emerge as is still weak currently. Macd line is already cross over and ready to enter bullish area (above 0)..
the previous up trendline is now become a potential resistance. if the price action manage to get above it and manage to close above the trendline. i cannot say it's a start a bullish trend as the price action still below 200 EMA line. The price action also have to get above 200 EMA line and stay above it to confirm a bullish trend is confirm.
please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.
Xlm/btc About to reverseStellar lumens forming a bottom with bull divergence on rsi, getting ready to reverse the trend. will also perform really good against dolar pair.
XLMUSDT breaking falling wedgeBUY XLMUSDT (Binance)
Entry now: around 0.13 USDT
Target zones:
1) 0.17-0.18 USDT - quick profit (30-40%)
2) 0.23412-0.25040 USDT (80-93%)
3) 0.30307-0.32249 USDT (130-146%)
4) hodl
Stoploss: below 0.09 USDT (30%)
XLM trying break out the falling wedge on daily chart. Volume is increasing, price made higher high and sentiment is bullish. Daily RSI made higher high too and it respect support at 44.4.
Daily RSI:
Good luck.
XLM: a breakout up soon?!XLM is slooooow lately. Not a lot of volume and we are just ranging around the 1550 area for days now.
Lets take a look at the timeframe: stoch RSI is OVERBOUGHT everywhere ... except in 1D ! So, we may be ranging for a while still but the moment we are taking down the 0.20 Stoch RSI we might see more action.
Also, be careful of BTC movements which are really inconsistant these last weeks. A BIG move down for BTC might hurt XLM but except that I think it's time for A BREAKOUT UP. Of course, some more interesting news from Stellar foundations about its concrete use could help. Like, you know: which banks would like to partner with them and use XLM!
Buy today or wait for a little more action up or down.
Sell target: 2900 to 3200 sats.
Attach your belts ladies & gentlemen.
#XLM $XLM #STELLAR Looking for a bottom - possible SFP!Waiting for this 4H to confirm a bullish SFP
Double retest of the current 4H pivot
Full confirmation would be breaking above my overhead line of 1476 with high bullish volume off of a bounce from here
Might just keep dumping from here, but im watching it closely
Where ma chads at?
XML/BTC Mother of SqueezeWelcome to this TA on XLM.
We can observe from the daily charts that we are experience a hell of a squeeze on the bollinger bands as the price coils in within a wedge at around 1500sats. We can only await a breakout or breakdown at this point.
However, is it going UP or DOWN?? That's the big question.
The 4hr charts give us a bit more insight into this. It remains clear that price is downtrending (trailing below all three MAs at different timescales). However, as the price consistently retests the longer term MA (200MA in red), we can observe price action making higher lows, indicating stronger support. It remains to be seen if price can break above this overhead resistance.
This is how i would play it:
1 - Watch for volume
2 - Watch for price if it breaks above the three Moving Averages
3 - If volume does follow through, we may likely see a huge upward movement
4 - Plan exits at Fib levels, mid term would be the previous high (just below 1900 sats), about the same level as the anticipated 100MA (in orange)
Happy trading lads!