XLMBTC trade ideas
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
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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.
$XLM, Something to watch this Sunday...$XLM
Something to watch this Sunday...
Could easily go back to 1K sats from current support (~15%)
Breaking from descending trendline & UCTS showing buys on lower timeframes..
Volume still to develop.
#XLM
XLM finally bringing some gains?I posted about XLM before
Stellar had it's momentum, but was overshined by DEFI mania which soaked the money from it.
But XLM will be here to stay as one of most prominent high tier altcoins
This chart shows short term plan
XLM looking great for a potential trend reversal long term XLMBTC
Just broke and retested resistance at 857 on the weekly. Will be looking for a bounce now on the daily for a potential long term long.
Market structure started to change on the weekly from around March but haven’t been able to break resistance at 857 until now. Also retesting 20 EMA at the same time. As long as we don’t close below the 20 EMA or support at 857, I will consider opening a long entry with first take profit area at around 1753 for a 100% gain.
Potential for much more IMO.
XLMBTC weekly: 60% gains BUY/HOLD NOW (SL/TP)(NEW) Why get subbed to to me on Tradingview?
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-Supply/Demand Zones
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XLMBTC weekly: 60% gains BUY/HOLD NOW (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: BUY/HOLD setup
::: SWING traders only
::: Updated/revised outlook
::: Overall crypto space looks strong
::: XLMBTC weekly chart review/outlook
::: long-term accumulation
::: broke out recently
::: throw back into accum range done now
::: sell side pressure subsiding on weekly
::: DCA near current levels TP bulls +60%
::: expecting 60% gains next 2-6 weeks max
::: BTCUSD likely stays locked in range
::: while XLM will push HIGHER
::: equals to bullish XLMBTC
::: recommended strategy: BUY/HOLD/DCA
::: TP BULLS +60% gains 1400
::: 60% upside for bulls
::: BUY/HOLD setup for patient traders
::: just BUY and get paid, period
::: good luck traders
::: details: see chart
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment outlook short-term: BULLS
xlm retest of breakout on weekly stellar broke out on huge volume and is now retesting the breakout level on declining volume
the rsi breakout at 47 was already tested twice before, this should give xlmbtc a target of around 2700 satoshi
XLM/BTCXLM has broken the 1-year accumulation and actually retesting it as well as building a macro bullish symmetric triangle. The 100MA is actually a good confluence as shown in the chart. With ETH breaking out the resistance, the first thing coming to my mind is that this is the turn of higher cap coins.
Long it here.
Note: If you like the content and the setup, please give me a follow not to miss out on many altcoins charts to come.
XLM is good to you !XLM is backtesting the support (former resistance) channel at the moment,
forming a bullish wedge just above support.
You have the time to load up the truck before the rise.
It is almonst synchronized to its big brother XRP, which is doing the same thing.
Don't miss the opportunity; it could be the last one to buy cheap Stellar !
XLM - XLMBTC Descending Triangle Imminent Breakout [Daily]XLM - XLMBTC Descending Triangle Imminent Breakout On The Daily Time-Frame.
