bueller1

bueller1

BINANCE:ICXBTC Double bottom formed and steady increase in bull volume leading me to believe bulls may have regained control, at least temporarily. Nice upside potential here, even if price only runs up to the top of the previous range or HTF swing high. First hurdle will be a s/r flip at the previous range bottom around 1016 sats. -Bueller

bueller1

BITTREX:XLMBTC Very quick update on Stellar... Giving a nice look while attempting to make consecutive higher highs. Showing confirmed support/resistance flip at ~2230. 4H Stoch crossing bullish, RSI looks okay. Target would be swing high around 2550 for a scalp play. Solid R setup. Twitter @BuellerFund

bueller1

$XLM update The descending triangle pattern breakdown, which I mentioned in previous posts, was able to reach the full measured target of 2250 sats, plus a bit deeper. Price ultimately found what could possibly be its local bottom exactly where we bottomed in mid March, as you can see where the green horizontal line meets the deep March wick. RSI dipped below...

bueller1

$XLM update Price did, in fact, fail to hold key support level of 3k sats. About to close a 7th straight red daily, with today's candle gaining downside momentum. Its oversold on all timeframes, as you can see on both the RSI and Stoch RSI. So, I wouldn't be surprised to see a relief bounce around the March 2017 swing low at ~2550 sats, which is the yellow...

bueller1

The ~3k sat level has held for almost a year. Safe to say its important for bulls. Demand being eaten up. Bit of a descending triangle has formed and, if bulls fail to hold, the measured move to the downside would land around 2250 sats. Reeeeee