Xlmbtx
📉 CryptoCurrency 🚀 XLM / USDT 🚀BUY : 0.38 - 0.40
TARGET 1 : 0.44
TARGET 2 : 0.50
TARGET 3 : 0.55
Stop Loss : 0.31
XLMBTC 1D Ascending ChannelOn the daily chart we can see an ascending channel, in the channel we can see two patterns of a descending wedge.
The last descending wedge pattern gave us a bullish reaction in the channel.
Will the second descending wedge also bring out reaction of the buyers and bounce of the support line?
What do you think?
XLMBTC 1D CHannelOn the daily chart I can see XLMBTC is currently in a channel.
Main idea is it keeps trading between the channel and trades are viable in the channel.
Stellar XLM reached (temp) bottom? Part 2In my previous analysis i showed a bullish wedge, which was playing out almost perfectly in the blue circle, but in the end it dropped below the support line and made a small crash even. Now usually when a bullish wedge fails, we see a big fast dump happen. But instead we saw if move sideways and even a small countermove up. The past week, XLM' seems to be dead with very low volatility. Making one wedge after the other.
Now on the left i have drawn the blue channel, which seem the be legit. Since we dropped below it there are 2 options here.
1) We test the support line again as resistance and drop again (red line)
2) We make a good strong move up directly towards the red resistance around 0.087ish.
On the right we can see a triangle, which looks like it wants to break up. If that happens, we need to watch which of these 2 scenario's i just mentioned will play out.
Please don't forget to like if you appreciate this :)
Previous analysis:
$XLM long of this green heikin ashi 4hDouble click the price column to see the chart. My trade set-up $XLM Stellar Lumens. Im in for the mid to long haul with swing trading along the way to build my account. Not financial advice.
XLMBTC - ride the CypherCypher completed, I made some loss, let's try to gain it back.
Idea is to enter on pullback and aim for 0.382 and 0.618 Fib levels from C to D. Stop loss for now bellow X.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Daily Bullish Signal #XLM #XLMBTC (30-09)#XLM (XLM/BTC)
Buy : 3900
Flash Sell : 4000
Short Sell : 4200
Long Sell : 4400-4600-4800-5000
Stop : 3750
Follow me for more signals daily
Stellar Lumen (XLM) is going DOWNStellar Lumen was one of the coins which profited from a strong december. It was a time to hold alts. Now, it will drop hard. If you are holding now, then sell. Because the correction isn't over yet. It is still at a really high position and will drop hard.
Looking at the indicators, bad days may come for holders. It did not really escape top resistance line of the flag and will move down a lot.
Good luck
