XLMBTC trade ideas
XLMBTC in on weekly support - 0.618 Fibonacci Level 🦐After a deep retracement XLMBTC is on 0.618 Fibonacci Level and on weekly resistance.
The price rejected twice from daily resistance, now the price need to have volume a new impulse or it could visit the bottom weekly channel.
According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
XLM is BullishSWING TRADING ANALYSIS
XLM in the bullish channel(red lines) right know, it can higher because the volume of accumulation is high in currently price, you can see it from the spike of volume profile
The decreasing of volume is a sign that it will pump in a days
The oscilator showed the price is currenctly low, that means it is oversold right know
Trading plan :
Entry : 850 - 890
Target 1 : 1074
Target 2 : 1186
Target 3 : 1238
Target 4 : 1328
Stop loss : 800
Enjoy the profit later 🤑🤑🤑
XLM bullish setup (R:R10 55% profit)Hello everyone,
after I catched 100% moove on OMG (OmiseGo)
Im concenrated on XLM now as It shows very similliard setup.
1) The previous resistance seems turning into support now (Blue line and red/green thumbs up)
2) The price broke out of the falling wedge and seems retesting it
3) RSI in the uptrend
4) Sitting on 0.618 green fib from the previous run
So lets wait and see how this will play out.
What are your thoughts ? Feel free to share them in comments below
ChaChain
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KEYWORDS
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
$XLM rejected area to gain. Going lower?!Hey traders,
$XLM has rejected the area to gain. This was critical to gain..
Now the plan is to search lower for a retest. I am looking for a retest at 750 sats and if bitcoin is going to pump hard even 640 is an option.
So trade your plan and see what happend next.
goodluck
XLMBTC bullish Head and ShoulderBINANCE:XLMBTC is showing bullish signs with head and shoulders formation. Break out above 0.00000917 should target 0.00000991
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
XLM/BTC (Key Support Confirmed)XLM/BTC
-Stellar manages to break the local trendline resistance
-We can also see a strong bullish reaction at 200D MA
-Also, the green support trendline is now confirmed on 2nd retest
-This is likely to continue upward provided support will not fail
-Targets are up to 1200-1600 sat range
[$XLM] Stellar Lumens will be the next SpaceX Dragon crew!Denelle Dixon , PDG Of Stellar Development Foundation (SDF) announced 3 big focus for Stellar future:
- Strengthening Stellar's authority
The SDF intends to focus initially on the solidity and user-friendliness of the $XLM. On the one hand, it wants to focus on the tools that developers and others need, in order to bring more anchors to the ecosystem and help all network participants with use cases.
"We need to...make sure Stellar can handle all the growth that these use cases can offer. So we've been focusing on scalability." said the Director of the SDF
- Gaining the trust of regulators and industry players in the blockchain industry
Denelle says that in 2020, the SDF will also focus on communication, so as to build trust in the network.
- Developing sustainable use cases
Third, the SDF plans to build its portfolio this year. The CEO announces that the launch will take place in the spring. She also announces that special attention will be paid to all participants in the Stellar ecosystem who create interesting use cases. The aim will be to develop more sustainable use cases.
It sounds really marketing after all that years developping this protocole.
We'ill what's next !
On a technical point of view, it's a beauty , extracted from trading book !
Breakout with a slow correction leading to retest the previous resistance who turned support.
Making a higher low and printing a new cycle after successive lower high => Bullish trend
EMA 100 & EMA 200 act as support and perfect bullish continuation
Aiming to the next level ! Slellar has a rocket as a profil picture , so do what you need to do!
Stay Safe, Trade Safe,
PEACE
NicoDonCrypto
XLMBTC is on weekly support 0.618 fibonacci 🦐After a very nice bullrun, XLMBTC is on weekly support 0.618 fibonacci (left one)
On the daily chart, the price is creating a nice double bottom, IF the price will breakout the dynamic trendline, According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Lumens To The MoonBINANCE:XLMBTC has risen above resistance, came down and made resistance new support. Since the glorydays of end 2017, begin 2018, Lumens has been on a decline along with most of the other alt coins. When the support of 2000 satochi broke, a decline of more than 70% followed. Since then, the price went sideways for more than 40 weeks. However, with the recent price action, Lumens has made it out of its bear market teritory and now shows strength when it bounced off the green support zone. The target for this break out is at the previous support of 2000 satochi.