XLMEUR
La resistance!Markets went up yesterday driven by some crypto news from mr Jack. XLMEUR spiked to 0,208 and then started to tumble again below 0,20... hodl
Today
fight for 0,20 and XLMUSD to remain above 0,23
XLMBTC fight for 3500
when o when does BTCUSD recover to 7,000?
the new uptrend channel is approach fast? Did I forecast correct?
Hang in there!
Losing it againXLMEUR together with the entire crypto market is struggling to find direction. I was hoping that XLMEUR could manage to stay above 0,20 cents, but markets are weak, thin and full of FUD. HODL
Today:
range between 0,19 - 0,20 cents
XLMBTC remains around 3500
...wait...wait...wait longer!
Have a good one
Back above 0,20 centsXLMEUR took corrective action and went up yesterday. We tested 0,18 cents, wow!
Today:
confirmation that we should trade above 0,20
a test of the 0,214 resistance level
range between 0,20 and 0,23
RSI to go higher
XLMBTC to go above 3600
Enjoy!
FUD continuesMarkets are still in FUD. Why? I don't know, it takes probably a couple of days more. Yesterday XLMEUR dropped even to 0,18 cents while recovering overnight.
Today
range between 0,18 and 0,21
XLMBTC between 3400 and 3700
IS: accumulate
Be patient!
More FUD and a new chartMarkets continue to trade downwards. Why? I have no clue. Technically for me it's simple. It's nice time to accumulate.
For you a new chart with another new lower support level at 0,1727. Be patient!
Today
We trade up, side or down? Range between 0,19 and 0,22
RSI will probably go-up
XLMBTC: recovery to 3500-3800 range?
Enjoy
FUDover?XLMEUR tested a low of 0,20 yesterday. Wow FUD all over the place. Still a nice buying opportunity to pick up some stellarlumens.
Today:
a further recovery into 0,21 - 0,22 range
XLMBTC to float around 3600 to 3800
inflation pay-out day!
IS bias Long
Have a great day!
FUD Morning!FUD FUD FUD caused by Coinrail hacking, loss is still unknown..
A new week, a new reality, a new chart..
Today:
hope for some recovery as news unravels
support at 0,199
resistance at 0,214
..RSI: buy buy buy
Good day!
2 fightsXLMEUR recovered yesterday somewhat from the Monday sell-off. Overnight (Asia trading hours) some selling continued in XLM vs BTC, and USD, not sure why.
Today:
Fight 1: remain above the lower band of the uptrend channel
Fight 2: Resistance level of 0,255
Have a nice day!
Weak Monday...Sadly it's looks like the uptrend will be broken today... or not? Let's see..
I still believe in this uptrend channel but the story changes so quickly. With every BTCUSD whale drop of 1%, XLMEUR drops 2,5%..
Hang in there
New uptrend channelI have drafted a new uptrend channel with some new resistance lines. XLMEUR has been recovering nicely and it looks like we have successfully broken the 0,255 resistance over the weekend.
Today
range between 0,26 and 0,27
RSI to remain in the between 55 and 70
XLMBTC to trade around 4000s
resistance levels around 0,28 0,313 and 0,325
but watch out for those whales..
Have a nice day!
Break the resistance!Yesterday XLMEUR has been flirting with the resistance level at 0,255 cents (around 0,30$). I would like to see that this resistance is broken so that higher levels come into play. Some good news on XLM vs USD support on Binance and Bittrex should help.
Today :
range between 0,245 and 0,27
new resistance levels will drawn in the weekend, expect around 0,28 and 0,30
XLMBTC between 3800 and 3950
RSI remains high
BTCUSD should sometime recover and drive the Alts up
Have a great day
The rangeXLMEUR was recovering nicely yesterday when the whales attacked again. Imo some exchanges need more oversight. This dumping is not helping this industry. I expect more of these attacks and more side ways trading until we have some really good news
Today
We trade the range 0,23 to 0,25
Support resistance of 0,255 needs to be broken first for higher highs..
Recovery or small correction?Yesterday markets suddenly recovered. Yesterday I mentioned that the RSI was so low that a nice buying opportunity existed, but it was so short!
So what's next for XLMEUR?
range between 0,23 and 0,26 eur
support at 0,2550 eur needs to be broken before we can go higher
XLMBTC, level around 3800s
RSI will remain high
Good luck folks!
A new support levelSo market are trading down. Sad, I had to draw a new support line..
For RSI lovers: a nice buy moment!
FUD Weekend is overkraken:XLMEUR ended up on the lower end of my Saturday predictions... Slowly it's moving downward to the next support level around 0,22. From a technical perspective it's all BTCUSD related..
I find RSI levels still high..Most likely we will be testing the 0,22 level soon.
Weekend duf...Weekend duf: nothing exciting to mention for crypto markets. XLMEUR has been traded around 0,24 / 0,25 the last days. For higher highs we need to break the support line at 0,25. RSI levels remains relatively high between 50-60. Sathosi wise XLMBTC is now trading at 3881 and it would be good to see this going back to 4k.
Expectations for this weekend
IS: Neutral
XLMEUR: between 0,23 and 0,26
XLMBTC: 3700 and 4100 sats
What would be good:
If we break the 0,26 and slowly move up again.
Jed announcing some new projects
However: the BTC whales will probably attack to push BTC below the 7k mark.
I am going to enjoy the sun this weekend
Have fun!
Hitting support!XLMEUR back up to the support level around 0,25. Looking forward to see if it can break it and move further up (or not). RSI levels are quite high, so I am not so sure. If those BTC whales attack again we could be testing 0,22 again. More likely scenario is that we go higher... but on what? I am missing the good news lately. Fill me in please!
Fudcovery?Yesterday markets were driven down by FUD... Yesterday when XLMEUR was around 0,22 cents RSI levels were so low that a nice buying opportunity existed.
Overnight markets recovered. XLMEUR remains around 0,25
I have neutral view at the moment. XLMEUR is mainly following crypto markets at the moment.
Oeff... a tough oneSo XLMEUR continues to be weak and the support has been broken. I will evaluate next steps today..
Too earlyThe upper channel did not confirm and was broken within 12 hours of writing my previous idea. Back to Neutral again.
So storyline is reconfirm support line.
Yes, time for change of directionYesterday I realised that it's time for change. So I had a look at the chart and thought... it's time that we move up for a while. We have tested the support level twice and now we are slowly moving up.
My 3 week view
BTCUSD: 10k
XLMBTC: 4300
XLMEUR: 0,36
RSI: remains in 40 to 60 band
IS: from Neutral to Long
Not sure if this materialises, but would be nice if BTCUSD would test the 10k level in the comings weeks.
Have a good week!
KR, TP
Weekend!The nice thing about crypto currency markets is that they trade 24/7. I have not sent an update since Thursday morning. 2 things: again XLMEUR is following my channel. Furthermore the support level is clearly confirmed. We have now reached the rocket to the moon. But will it lift off?
I have no clue to be honest. We have traded side ways and down for 3 to 4 weeks. I think it is time for a reversal. But when?
My IS would is moving to Long. Hopefully we can reach Satoshi level 5000 is a couple of weeks!
