XLMLONG
STELLAR LUMENS/ USD 2018 PredictionI Believe we are just about to start the 5th wave of the Elliot count.
This is a LOG Scale dating back 1 year starting from the Pump that happened May 2017 to the present day.
We are closing in on the descending wedge which should hopefully signal a break out. I dont believe this will be as big as the last pump, but theres still plenty of blue sky left in this run.
Im seeing a Top around $2.00-$3.00 near end of April early May followed by a steep correction and long consolidation that should last the entire summer into late fall early winter.
Then 2019 should begin the next market cycle there after.
Just my humble opinion... I could be wrong, but this is how i see the stellar cycle playing out
Feel free to add comments and give your feedback.
interSTELLAR (XLM pt.2)Good Evening. Welcome back to my 2nd analysis on BINANCE:XLMBTC .
If you saw my post back on 2/23 I put out a warning we could be headed down and was bearish on the short term for StellarLumens. If you sought the advice you could have saved around 20% and re-bought when we hit my support on 3/3. You can see in the chart that BINANCE:XLMBTC touched the support I had and immediately bounced back to an upward motion.
I would like to point out several key points in this new chart. If we look at the MACD we can see that we had an upward crossover on 3/3 and we have just now passed the signal level. This is a positive indicator which signals the price is likely to experience upward movement. ALSO, notice the upward trent movement on the ADX, I have drawn a line to show how we are producing higher lows, and currently our next low should be right around the 25 mark which generally indicates a strong trend is occurring. The next line I would like to point out is the EMA on the chart. Almost the whole month of FEB and throughout early March we have been trending under the EMA with was acting as a resistance point, but on 3/3 we broke above this line and it is now showing us support.
All 3 of these indicators together are very positive and show us we could be moving back into an upward channel. KEEP in mind, we are STILL in the downward channel and could hit the resistance level and drop again! As I write this we are almost touching the resistance level I have indicated. If we can break the resistance we should see this as support again and could be onto a break out of the downward channel. IF we face resistance we could fall back down and bounce off the current support again. We have a lot of strong positive signals in the charts at the moment but lets pay close attention to see where we go when we touch the resistance line.
Any and all comments are welcome!
Happy Trading :)
Much Love
DustyPH
***This information is not a recommendation to buy or sell***
XLM STELLER LUMEN BREAK-OUT Traders,
Here we have XLM/USD 4H Chart.
After breaking out a few hours ago. we should touch the golden level at price 0.5 and up-forward again to touch the new bull trend and determine the way to go after reaching this hard step.
With bullish (BTC) we are going to see this scenario happening after last drop of our idea had published before here below:
Regards,
Mohsen
Stellar to soon resume uptrend-Short tf(4hr) analysisStellar made a high of ~0.00006299 on Jan 3, 2018 after which it sold off. The price action from the ~0.00006299 to the current price (~~0.00003219 as at the time of this publication) can be described by a 3 wave (A-B-C) move that is a regular flat (3-3-5) Elliott wave structure.
This structure implies either (1) The resumption of an impulsive move once the regular flat is complete OR (2) Another 3 wave move back upwards for StellarBTC. Either scenario calls for a move back up in the price of Stellar.
Possible termination points for the wave C of regular 3-3-5 based on a wave A are 123.6% and 138.2%. This gives a projection point of ~0.00002984 and ~0.00002662 respectively. These termination points are indicated by the purple lines
These termination points also coincide with support drawn (green lines) by chart inspection for Stellar. This creates a region of price cluster and therefore has a likely chance of StellarBTC targeting it (i.e. support)
ONCE and IF price hits this support area, possible opportunity to go long would be to buy on a breakout above the POE (Point of entry) into the trade at ~0.00003457 and place a stop loss just below the upper range of the support at ~0.00002948.
Using this IDEAL scenario gives a risk of 509. Reward = 0.00005127 (bottom range of the target area)- 0.00003457 = 0.00001670
Risk/Reward ratio = ~3.3:1
(Range of the Target area = 0.00005127 and 0.00005357)
interSTELLAR (XLM)BINANCE:XLMBTC is an open-source payment distribution infrastructure and makes use of it's "leapfrog technology” to connect individuals, payment systems and banks throughout the world. StellarLumens has a primary focus on the developing nations. It facilitates transactions of multiple currencies and assets reliably and efficiently for just fractions of a penny, using a cryptocurrency known as Lumens to bridge between sender and receiver. StellarLumens is decentralized and is also a non-profit
First off, I love this coin and this company and the team behind it. I believe in what they are doing and think it can bring some real change to the world. I am definitely long on this coin however for now and what I am reading in the charts say it is possible going to drop further. BINANCE:XLMBTC is currently right on the support line and in a downward channel. We need to see BINANCE:XLMBTC bound off the support and make its way back to the top of the channel. IF it breaks below this support zone we could see it fall to it's lowest of the year and back to numbers in late 2018. We need to watch to see what BINANCE:XLMBTC does in the next few days to see if it will bounce off the support or fall below.
With StellarLumens having partnered with IBM and Tempo, Stellar’s credentials are definitely looking impressive. In an increasingly globalised world, it could very well be the future of banking. This is definitely one to keep an eye on!!
Happy Trading :)
Much Love
DustyPH
***This information is not a recommendation to buy or sell***
*Please leave a comment and let me know what you think!
XLM/BTC 400% SHOTXLM has created a POLE and it seem like it may have just broke out of it so there's 2 possibilities here
1. XLM break hook and go out of the pole and goes up to ALL TIME HIGH (1.618 FIB of first wave (9500 satoshi ish)
2. It goes back into the pole and eventually finish its retracement at the .718 FIB area and then begins to rise up to 9500 satoshi.
Im a strong believer of the option #2. I have been trading XLM and adding to my position since it was at 200 satoshi. XLM is one of my favorite coin and I see it going much higher this year. If you are HODLing then HODL but if you are looking for an entry/reentry on this coin this chart is for you. Market structure does not lie (most of the time).
If you guys want to be updated on this trade please add me on telegram!
Stellar XLM ForecastXLM chart shows consolidation around the 4,000 price area. Furthermore the 4,000 price area seems to be the benchmark of previous resistance and support lines. The chart also suggests a symmetrical triangle longing for a breakout, reversal of trend and a bullish outlook for months to come. January 2018 is a very busy month for Stellar due to events which should attract the spotlight for many investors. Although prospects are favourable I am forecasting gradual growth rather than sharp mooning. However I do not exclude sharp increases in price due to hype and potential.
Buy target 3,500 - 4,000
Events :
16 January 2018 Community Pool
17 January 2018 Sentry Scouts Monthly
17 January 2018 Stellar Contracts
18 January 2018 Mobius Network
25 January 2018 Roadmap
This is not an investment advice, always do your own reseach.
XLM +3900% target $36.00 within 90 daysStellar Lumens is up. Looking over long term charts, I see the previous 2 rallies were 2300% and 7800%.
If we figure half of 7800% for potential growth over the same period (90 days), then we may see +3900% with a target of $36.00.
If we take the average of the two prior rallies 2300 + 7800 = +5050% with a target of $48.00.
These are very rough estimations as there is not much trade analysis going on here, other than a comparison of rallies and knowing that XLM just overtook Litecoin for market cap.
Some useful news as relates to XLM:
www.cnbc.com
globalcoinreport.com
Stellar in #6 position of all cryptos, as of today, surpassed Litecoin and others.
www.ccn.com
XLM is the alternative to XRP and XLM has some benefits over XRP in that it's for the unbanked individuals and is fully decentralized, compared to ripple which is highly centralized around banks and institutions.
Stellar has the potential to upset and replace XRP in the #2 position for market cap where libertarian views push XLM near the top.
Stellar Lé Moons . XLM STR LongHi Stellar Fans,
First of all... all my ideas are just thoughts. Use them as inspiration to your own thoughts. So lets get on with it, good times are coming! In fact, good times have started. Couple of weeks ago I would have thought that Stellar would've 'mooned' early november.... but end of november it was.
With all the good news coming up, starting with Satoshipay : medium.com
My current thought is that we will form a CupnHandle :) Taking IBM news as start... en March 18 as end!