Xlmbtcwedge
XLMBTC C&H+VOL INDICATES BULLISHParabolic movement pending for short-mid on XLMBTC as altseason is in full swing while the majority of the top 100 market cap alts are currently playing catch-up & consolidation to parallel recent BTCUSD price surge is in full effect.
TP1-4 with pivot & short/stop figures according to Fibo/KC/BB/EMA20/VOL/C&H
Trade safely and always use your head; not your gut!
Disclaimer
Not financial advise.
-@a1mTarabichi
XLMBTC shorts and long exit points
TP Target short 1 & 2
(LONG) 940s
stop at 814s
Excellent timing for this consolidation as this, EOS and Xrp are the 3 alts that seem to be trailing behind the bull run and didn’t get a proper altseason yet.
It’s looking like that might happen today for XLM and XRP soon. I didn’t get a chance to check EOS yet but I wouldn’t be surprised.
Many people forget that XLM Is a multifaceted digital conversion and payment facilitator so it is only organic & normal for its priceaction to be in tandem with that of other coins like BTC/BCH/LTC and IMO the reason it got overlooked and most people don’t see that the bullrun is coming until it’s too late so here’s your chance choose not to FOMO!
Further evidence is bolstered by the volume index and wedge on the XLM BTC pairing as well as XLMETH
Disclaimer
This is not a financial advice it is purely for entertainment and educational purposes. Also looking like PTCUSD is due for major surge which Was expected anyway yeah with the news of social media summit and potus tweeting about Crypto for the first time, It might facilitate an expedite that run. invest carefully and have a great weekend!
@a1mtarabichi
XLMBTC - Idea/forecast - Big profit?Just an Idea as per the previous history, the market always go for a mini bull rally after reaching apex or nearby apex.
Target is drawn as per previous one but there's a strong resistance indicated by Box (Yellow box).
We recommend you to take book your profit as per you feel enough.
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Stellar Lumens soon Up! XLM/BTC UP!XLM is in a falling wedge since it spiked to 0.000044 BTC area and now it looks like we are coming to end of the wedge and we have another small falling wedge reversal since its last dump so our patterns are bullish and we have bullish divergence on EWO, RSI has hit bottom and going up now once we hit the green wave of EWO we are heading up to 0.00004 BTC and then retrace maybe all the way back to this price after which we should bounce off the wedge and do the third wave but we will know more about the third wave once we get there, the third wave shown in the chart is where theoretically it should take us!
XLM/BTC AND LETS FLY!XLM is one of my favourite and one of the top altcoin trade or HODL. In my previous updates on XLM (on the previous bull run) I have been talking about the beautiful cup and handle pattern XLM has been making and I try to show the same pattern here too, so there goes the cup and handle pattern in blue and what we generally know from this pattern is that once we finish the handle we are looking to fly and break the resistance we had when forming the top of the cup. So XLM finishing this pattern is one bullish signal... It is also forming a falling wedge reversal pattern as its falling by having compression in its falls which indicates a move in other direction coming soon. And a falling wedge reversal pattern is another bullish signal for the price. RSI just got out of the oversold area and is looking on its way up which is yet another bullish signal!
BUY-IN: 0.000028-31
Targets:
1.0.000036 BTC
2.0.000042 BTC
3.0.000046 BTC
4.0.00005 BTC (long)
5.0.00006 BTC (long)
Stop-loss: 0.0000279 BTC
$XML #STELLARLUMEN - ready for a short bounceHello Lads and Ladies,
XLMBTC is a very interesting scenario. I called it a few weeks ago already that if it does not mange to bounce off the 61.8% fibs, it is more or less rest and heading towards the 78.6% line, which has been a major support in the past!
ANYHOW, on its way down we cannot exclude some corrections upwards, maybe even exactly to that 61.8% fibs. So, how do I get to that 61.8% line and why might it happen even within the next next few days?
Taking a look at the daily chart, it is VERY bullish at this moment. We are far away from the middle of the Bollinger Bands, RSI is at 29 points, very near to its lowest of 26 Points AND we are today on the 9th candle of the TD sequential, what mostly means a nice turn over, as we also have seen at XLMBTCs past.
Nevertheless, I strongly doubt that this would be the trend reversal already and we would after that continue heading down towards the 78.6% fibs, from where on we SHOULD see a trend reversal.
Taking a view at the ugly hourly chart, we can see a wedge forming and right now still sitting above the middle of the Bollinger Bands, from where we might see a bounce up.
Anyhow, the hourly has a rather high RSI, so if we see a bounce sound, it will be very soon and easily overbought and then head south again, which would correlate with that what we see on the daily chart.
Moreover, for me the daily chart and its formations are more relevant in this case.
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Cheers, Tomas
XLM - BTC Q2 2018 expectations - buy opportunity is yet to come!
I am not a technician. But even i can put horizontal, and diagonal lines on a crypto chart. What a time to be alive!
When i look at XLM, all i see is broken bullish flag patterns. Broken flags everywhere! And our current small frag is about to break, favoring the bearish side.
Not a fan of XLM
Let me start by telling that I am very uninterested in Stellar Lumens project.
This project has been a sleeper for too long. No big announcements, no new functions that would turn people on. Decentralized Exchange announcement almost dozed people off.
Being a ripple wannabe, it is far too similar to digitalized fiat.
However, because it is getting close this quarter's lowest value, there is an opportunity to gain more BTC!
What do i think will happen?
Let's be honest, XLM does not stay stable at any price level. Only reason to buy this coin is to flip after a few percentages of gain.
For that reason, I believe it will show us a short-lived sideways action (3150-3200 range) and after a week, begin a slow-fall to low 1600s.
That's where the strongest support awaits. Most of the HODLers live there.
When to buy?
Many TA analysts expect a bullish XLM run near 3000 range. However it is very unlikely because BTC/USD is the current focus.
And market will stay focused on BTC at least for another month.
As long as Bitcoin is in turmoil, alts are not safe. XLM does not have strong fundamentals and 2018 roadmap hasn't progressed yet, so it won't be safe either.
Therefore you should wait till its great fall, and consider other alts meanwhile.
Scenario 1 (Least likely to happen) - Breakout at mid March
If BTC stabilizes during next 2 weeks (a miracle perhaps?), a serious breakout attempt about 3000 is imminent.
Scenario 2 (Somewhat more likely to happen) - Breakout Early April
Around 2400-2200 is a good support. However it will provide much unwanted resistance as well.
A breakout at that range is again depending on BTC stablity. If market turns all around bullish, start accumulating in 2300-1900 zone.
Scenario 3 (Because i hate buying hyped up shitcoins) - Breakout Late April / Early May
I keep telling people not to buy XLM. But even i can't stay away from a coin when it's at all time low.
And 1650 to 1500 satoshi is LOW for even a weak prospect like XLM. I believe this is where the next bull run happen.
Around mid April to early May, market will stabilize, BTC will hopefully be bullish again. Alts will follow the course.
I will accumulate XLM below 1650 satoshis like crazy. Like, "sell my kidney to buy a few Ks of XLM" crazy.
Not trade advice tho.
Protect any gains with tight stop-losses.