XLMBTC trade ideas
Let's forget a second about the wicks.Wicks can be irritating to look at so here's a chart of XLM/BTC without any of them.
IMO we're currently making an inverse head and shoulders pattern. Which is currently drawn with the line I created.
Breakout of this pattern should lead to higher prices against BTC but also against USD or EURO.
Not financial advise I'm not a financial adviser do your own research and gl with trading.
Longing for Sats #5 - XLM/BTCXLM/BTC pair has found support and I expect it to stay in this range for a bit before deciding to break up or down with increased volume (currently leveled out). I'm long with a stop loss.
Bullish if it breaks upwards to test resistance again
Very very bullish if we close above resistance
Bearish if it breaks down below support
Before big resistance who gains more XLMBTC and XRPBTC? >100%I think that both these coins have a lot of room to run, and I like both of them. For traders like me who are otherwise busy, and can do this as a side hustle, I think it will be interesting to simplify a trading strategy. Which coin will have the most gain before the first resistance line and correction, and then can I transition into the other if it's advantageous to go after the next big resistance line? I think XLMBTC and then XRPBTC. Once the SEC really backs off, and XRP opens up to American retailers and bag hodlers it will moon.
XLM almost thereHello everyone,
Nothing new to my followers as you guys know I´m big XLM fan but for newcomers and to remind what to look for ...
Huge opportunity is cooking up for XLM. The accumulation phase is heading to its end and once XLM breaks 1200 satoshi main resistance then it should perform really well next weeks and months
Cheers
ChaChain
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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.
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Elliott Wave Analysis: XLMBTC + ADABTC With Corrective PatternsHello Crypto traders!
Today we will talk about XXX/BTC cross pairs in the Crypto market as we see interesting developments.
In the previous articles we shared ETHBTC cross pair and BTC.Dominance chart which we potentially see them approaching key and strong target levels.
In this article we want to show you another two examples of XLMBTC + ADABTC and why BTC may start dominating soon.
Well, if we take a look on XLMBTC, we can see mostly sideways price action and corrective wave structure since January and more and more looks like a bearish triangle formation, which is a corrective and continuation pattern that can send the price back to 0.0000035 lows, while it's beneath 0.000013 invalidation level.
Even ADABTC has a corrective wave structure since March. Just like XLMBTC, it can be also finishing an a-b-c correction, it's just different type of a correction called flag pattern, so here as well we can expect another reversal down back below 0.00001750 previous lows, while it's beneath 0.000032 invalidation level.
All that being said, be aware of a return of BTC.Dominance that can cause even more downside pressure for XXX/BTC cross pairs soon.
If you like what we do, then please like and share our idea!
Be humble and trade smart!
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Cup This XLM/BTC #Stellar $XLM #XLMHere we see our XLM weekly chart from Binance. Today we pushed up over 900 sats again and are coming right to the bottom edge of the weekly Ichimoku cloud . Before long we should break through and into that cloud.But I still feel this is developing into a Cup and Handle pattern also, just as a few other charts also have . It won't be long ,once we are inside the cloud , that we will run up to the .236 fib at 1926 sats. Target above that is a strong resistance near the .382 fib near 2862 . After that we should run up to that blue line which is basically the lip of the cup ( as well as our .5 fib ) near 3619 . Once we can actually break above that area the target of the Cup and Handle pattern should be near 6790 . Now that is like 7 and a half times up from where we are now and that could take awhile . I can't guarantee how long that might take but XLM does seem to be on the way up .