Stellar continues its growth up to .00001540Stellar has been performing well lately against...everything. We see all alts recovering from their long term bottoms. We are already seeing Alt season underway.
We should continue the formation we have seen previously and will hit 150% of today's price by EOY. Others are calling for much greater and I also see that happening but short term we can shoot for this.
I think BTC will recover however it will not post the gains we would like to see until after the halving. There is not reason to hit a new ATH in Bitcoin before the halving.
If we continue the trend as BTCUSD has shown, we should hit .0000108 and retrace to .000008550. The VPVR is showing support at .000008 and resistance at .0000154 which is our eventual target.
We are seeing similar moves with LTCBTC and should hit similar targets very soon.
XLMBTC trade ideas
Potential XLMBTC Fibonacci Entry PointsI am bullish on BINANCE:XLMBTC because:
Sept. 17, BINANCE:XLMBTC broke out of a descending wedge
Nov. 5, XLMBTC broke out of an asymmetrical triangle
Oct. 28, The SMA 50 and 100 had a bullish cross
It just bounced off the 38.20% (Fib)
If BINANCE:XLMBTC falls below 38.20% then 50.00%, the support line of the current descending wedge, and 61.80% on the Fib, are possible next stops, which with a confirmed bounce off of any of those are potential buy entry points
NOT FINANCIAL ADVICE. DYOR.
Stellar XLMBTC - Opportunity to the Moon right now!Bitcoin's new downturn yesterday has pushed the XLM past the support line in the bull triangle. This is natural, the most important thing is to have the discernment to read the whole movement.
In July 2019, we see XLM at this same support point. However, the big difference is that there was a downtrend, while now the trend is up.
This moment is great for shopping. I believe that in a few months it will be seen as a deep valley in the Himalayas.
Buy: 0.00000850 - 0.00000860 (until 0.00000920 is ok to make money)
]Lower support: 0.00000820.
Target 1: 0.00001022 (
Stop: 0.00000780
[/list
+100%? Possibly
Thanks (((*)))
Shaman
LONG - XLM - Weekly TradeWe think XLM will outperform XRP next alt season, looking beautiful on the weekly with big buys and hidden bullish divs.
Entry: 0.00000763
TP 1: 0.00000936
TP 2: 0.000001409
SL: 0.00000694
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