XLMBTC trade ideas
10% Lumens - If holds resistance line #ShortexerciseTips, notes & suggestions
When you place a trade, always remember to set a stop-loss.
Most important rule, is to be patient. Money come and go, you will always get another chance.
Never invest heavy in one trade, be sure to spread your bags on different trades.
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Morpheus wish everyone out there, a good and a healthy life in the cryptocurrency-age.
#XLM / #BTC $XLM / $BTC - Using @InSilicos Guppy Indicator!If you're not long, you're wrong... According to the Guppy's!
Lower S2 pivot held strong
4H price forming an ascending triangle
*****InSilicos Guppy's showing green signal*****
RSI has blasted up to strong demand levels with price not moving much relatively
Bitcoin hesitating, consolidating and still above our lower support of 10.7
Other alts blasting off such as LINK, QNT, and DRGN... and many more
Are altszns about to be back again?
We shall see soon
XLM found supportI was expecting Stellar to fall down to 730, but some really nice volume met it at ~915 support. Might push up from here. Here is my setup.
Pullback buy zone 915-935
Targets 995 - 1045
HODLer's candy 1020
Stop loss below 898
Stopless strategy - double order at 730 and sell at 900
Risk/Reward Ratio 1.8 / 3.3 (for main targets)
XLM: Rocket no longer has fuelXLM suffers from its lack of use cases, its illimited supply, its airdrop that has plummeted its value, its recurring falling wedge on the XLM-BTC pair who are struggling to reach their target bullish reversal (see graph), the scandal revealed on its bug inflation in 2017. And its bug in the blockchain in 2019: network down for a bug in the validation system.
Libra attacks the decisive blow.
Watch for the outcome of the terrible falling wedge in progress:
if the course enters the dead zone, I think that XLM will never recover.
Reversal imminent Stellar has been dropping in bitcoin value for some time now. However, there are some clues that a reversal should be incoming. Today's daily candle has formed a hammer. The candle hasn't closed yet, but I think with a few hours left on the candle it should remain a hammer. Furthermore, A bullish divergence has formed on the daily RSI indicating a trend change is probable. If you like knife catching this could be a good risk to jump in.
On the USD pair breakout looks probable as well. Price has been holding above the 55 daily moving average and ichimoku cloud. If it breaks out of the triangle target should be about 20 cents.
XLM/BTC bottom is near - long it to gain those sats!!!XLM/BTC looks great on the weekly. Bullish divergence which on a longer TF like weekly, is a good indicator of a reversal. If the BTC run is to continue, XLM should outperform BTC. With cryptocurrency, I trade for sats. I couldn't care if it's a shitcoin, if I think it will run, I'll trade it to accumulate BTC. So before anyone says "oh XLM is a shitcoin" stop and look at the bigger picture. This trade is to accumulate more BTC. There's a good chance to double, even triple your BTC here with this trade IMO. So if you believe in cryptocurrency long term, start accumulating BTC. GL if you tail :)