After falling wedge breakout with nice retest target would be arround 70 - 80 cents. Breaking it would mean further upside movement towards ATH at 90ish cents. Short term breakout from 20 above 50. With possible same movement /w the ichimoku. MACD looking bullish on the monthly.
This trendline was introduced a while ago when we initially tried to break out after the Covid crash. Also the 200 MA ging is support at the same level. Which also rare enough coincides with oversold on RSI, which previously always said when we had market bottoms. And for last the mental support of 20K our previous ATH is now getting tested. Not financial...
Only 1 Resistance left which is the current area and the ATH. Not Financial Advise do your own research.
With our downtrend and a local uptrend that we have there could be coming a relieve rally against BTC. Also the TD Seq hit a 9 a few days ago which could also indicate our rally to the upside. Not financial advice do your own research.
Not Financial advise do your own research. Hmmmmm Just a wild guess.
XLM USD is currently creating a dragonfly doji which would allow XLM to test ATH. Macd bullish diverging RSI ready to go higher. Do your own research not financial advise.
Not Financial Advise Do Your Own Research ! Big Support at 0.33 % Dom. Estimated target and local big resistance at 0.77 % Dom. Further targets from the FIB Retracement where previous resistance earlier. MACD Converging Bullish into a bullish cross. Waiting for next weeks confirmation. Not Financial Advise Do Your Own Research !
Bull div on MACD /w hammer candle on monthly aswell as a falling wedge pattern. Not financial advise do your own research.
Currently our weeky is showing the beginning signs of a bullish divergence on macro timeframe. With Big support below our feet. After the breakdown we got back above it and are making support in it again, solidifing the trendline. This is just my opinion no financial advise. Do your own due diligence.
20 SMA getting rejected of the 50 SMA. Typically meaning the market flipping more bearish. Also on the monthly MACD is diverging back to the 0-line which would allow price to drop. Previously what happenend was an target of a fib retracement arround the 2.618 mark which gives me the following targets. Targets arround 1500 ( 1.618 ) and 1300 ( 2.618 ) Not...
Currently we're bottoming out IMO. This would make a pretty CUP & HANDLE pattern. With a retrace on it's 50WMA and finding support. Bullish Divergence on MACD and RSI on this timeframe making it a possible move to the upside. If the pattern we're talking about is actually the CUP & HANDLE pattern and we break out I'll see a target of ~€13,6.
Inverse H&S on the Daily timeframe which would result in an estiamted pump of arround 35% against BTC. Current resistance at 865 Sats. RSI in the 60's, With an ascending support line on the RSI. MACD crossed Bullish. First break until 1035 Sats with a retest of the 865 Sats to confirm the breakout from the H&S. If succesfull we may search some higher values...
Pi cycle top indicator hasbeen reliable for all the times it has flashedin the history of BTC. This will not say that the BTC bull cycle is over. But I think acorretion is needed in the meanwhile. Up to 80% IMO. then going back in full bull mode until 500k as minimum blowoff top at the end off the year IMO. Pure speculation not financial advise. Grtz and happy trading.
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...
I already had this line drawn on my charts a while ago. It stays interesting to keep a look at this one. Currently finding support again and possible breakout to the upside from the current structure we're in. Not financial advise, do your own research. And GL trading.
The past huge pump for XLM we had we had a small consolidation with a breakdown into conso back into pump. What could be a potentional scenario is that we do the same currently. We just had our consolidation MACD is crossing bearish so a possible sell indicator. Aswell with the bearish divergence from previous top and current one. Staying above the green trendline...
I'm not a financialadviser. Do your own research. And GL Trading :P. Bullish Div After getting rejected from the neckline ( from the IH&S ). And having a breakdown from an Ascending Triangle. Normally a breakdownfrom an ascending triangle is very bearish but in this case we get a followup with a bullish div. Will this play out, idk We'll see...
It more looks like we're currently getting an ascending triangle with a resistnace area on top with higher lows. MACD cooling of and arround 0. Ascending triangles are a bullish pattern, so in my guess and with what's currently going on we'll get a break to the upside. No Financial advise do your own research.