XLM brokeup MA200 and retested it. Ready to FLY HARDHello everyone,
as I talk and post about BTC.D & Altcoins a lot past days/weeks look at this.
I was talking that BTC.D drop speeding up and every taxidriver and theirgrandmas are buying altcoins. Well most of them are panic selling right now !
Why ?
Well because alts dropped "HARD" mostly 20% in single day as Whales which are 100-400% up took some tiny profits and everyone is in panic
Well in my opinion it was just retest of rising wedge breakdown of that BTC.D chart
and more down for BTC.D to come and great ALTSZN2020 about to start just right here
If you take a look at XLM/BTC Daily chart you can see we broke up the MA200 and we are testing it.
I don´t know about you but I´m just adding more altcoins !
Cheers
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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.
XLMBTC trade ideas
XLMBTC Ascending Triangle BreakoutStellar Lumen broke out and found support above the ascending triangle it had been forming for several weeks against Bitcoin. Risk reward ratio on XLMBTC looks very promising but there does seem to be a tendency for Stellar Lumen to make crazy parabolic moves only to come back down. Definitely will need to look out for that. Overall though this should outperform Bitcoin and provide opportunities to trade in for more Bitcoins when the time comes.
Stellar Aims Higher | Chart Fully Mapped (30% Target)Here is the chart for Stellar (XLMBTC) fully mapped.
On it, you can find the different support and resistance levels based on Fibonacci proportions.
We can also find the main scenarios that I think can come true and they go as follow:
1) Straight up. More growth until the top of the channel in blue is hit.
2) Retrace. If prices move lover and "support" breaks, a retrace can happen before the next jump. We stay bullish.
There is big volume coming in for Stellar (XLMBTC) now and the indicators are looking really good/bullish/strong.
-- More about the volume indicator --
Remember to hit LIKE to show your support.
Thanks a lot for reading.
Namaste.
XLM / BTC. Channel 50%. Double bottom. Trend line. Pivot pointsXLM / BTC. Horizontal channel 50%. Now the price is at the bottom of the channel, if support is confirmed and an upward local movement begins, the potential for the first resistance is + 50%. Price rests against a downtrend (red line) of the main trend, breaking it and fixing above it can mean a trend reversal. A double bottom may form.
The potential of the first upward movement when the trend changes to an upward 50-165%.
Pivot points (zones) are shown on the chart.
Fixing prices above 0.00001300-0.00001500 will mean a new upward cycle.
ENTRANCE + TARGET
1) Now (at the bottom of the channel). + 50-165%
2) On a breakthrough, or rollback after a breakthrough of the main downtrend line (red line). + 100-120%
3) Price fixing above the zone of 0.00001500. The full potential of the new uptrend, goals on the chart.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
Former trading we go on this pair of XLM / BTC:
XLM to BTC is not yet bottom. From this level there may be a movement of + 35-90% May 2019.
XLM Falling wedge. Cyclicity. + 32%, + 42%, + 52%, + 62%? July 2019.
Trading idea to the dollar XLM / USD
XLM (Stellar) / USD downward channel. Work on a coin.
XLM / BTC. Channel 50%. Double bottom. Trend line. Pivot pointsXLM / BTC . Horizontal channel 50%. Now the price is at the bottom of the channel, if support is confirmed and an upward local movement begins, the potential for the first resistance is + 50%. Price rests against a downtrend (red line) of the main trend, breaking it and fixing above it can mean a trend reversal. A double bottom may form.
The potential of the first upward movement when the trend changes to an upward 50-165%.
Pivot points (zones) are shown on the chart.
Fixing prices above 0.00001300-0.00001500 will mean a new upward cycle.
ENTRANCE + TARGET
1) Now (at the bottom of the channel). + 50-165%
2) On a breakthrough, or rollback after a breakthrough of the main downtrend line (red line). + 100-120%
3) Price fixing above the zone of 0.00001500. The full potential of the new uptrend, goals on the chart.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
Former trading we go on this pair of XLM / BTC:
XLM to BTC is not yet bottom. From this level there may be a movement of + 35-90% May 2019.
XLM Falling wedge . Cyclicity. + 32%, + 42%, + 52%, + 62%? July 2019.
Trading idea to the dollar XLM / USD
XLM ( Stellar ) / USD downward channel . Work on a coin.
Don't miss the great buy opportunity in XLMBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0000075). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XLMBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 77.
Take Profits:
TP1= @ 0.0000094
TP2= @ 0.0000125
TP3= @ 0.0000207
SL= Break below S2
Don't miss the great buy opportunity in XLMBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0000075). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XLMBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 77.
Take Profits:
TP1= @ 0.0000094
TP2= @ 0.0000125
TP3= @ 0.0000207
SL= Break below S2
XLM - Breaking out of Triangle, 15% Target GainsTake a look at XLM. The price has broken out of its triangle and is continuing upward. The 4-hour MACD is also showing a breakout beyond resistance. The triangle target is around .000085, but I'll be watching the price to see how it reacts at this level. I have a hunch it will go to .00009 or more.
XLM/BTC - D1 Update - 12/02/2020In D1 timeframe, appearing Double Bottom pattern, giving bullish signal for long-term uptrend
In H6 timeframe, appearing Cup and Handle pattern, supports the short-term uptrend
Buy zone: below 770
Target 1: 960
Target 2: 1650
Target 3: 2100-2900 (long-term)
Stoploss: below 695
Remember your stoploss
"And finally, the analysis is for reference only, not investment advice"
XLM/BTC 8H (Binance) Ascending triangle pattern in formationStellar Lumens is in uptrend and probably going for higher local high.
Keep an eye on that bullish pattern, the idea is to enter on triangle support, set-up:
Entry range= 0.00000693 - 0.00000707
Take Profit= 0.00000732 | 0.00000762 | 0.00000806
Stop Loss= 0.00000668
Risk/Reward ratio= 1:1 | 1:1.94 | 1:3.31
Expected Profit= 4.57% | 8.86% | 15.14%
Possible Loss= -4.57%
Fib. Retracement= 0.382 | 0.5 | 0.618
Stellar Lumen long term accumulation almost completeXLM has already complete double bottom formation and possible start to gain momentum at spring to take NEW uptrend.
Dozen of indicators print 'buy' on weekly chart
ps check also my other charts
pps please sorry for ling mistakes, I make, I have way to old laptop and keyboard with lot of issues)
Stellar/XLM Double bottom and Head and shoulders 2x to 10x.Double bottom and the head and shoulders indicators are great indicators that give indications of the start of a bullish movement. With a couple months of accumulation , Oversold xlm will look to price correct . The first true resistance test will be at around 850 - 900 . Once broken then XLM is confirmed bullish!!!!
XLM - preparing for 45% pumpStellar has nice move up made of 5 waves and now I am tracking retracement. Ideal support, where I expect some sort of bounce is at 642 satoshi. This bounce should result in next huge move up, but if this bounce won´t be impulsive enough, I will track it only as a "B" wave and then we should see final move down.