tradingpike
kraken:XLMEUR ended up on the lower end of my Saturday predictions... Slowly it's moving downward to the next support level around 0,22. From a technical perspective it's all BTCUSD related.. I find RSI levels still high..Most likely we will be testing the 0,22 level soon.
Weekend duf: nothing exciting to mention for crypto markets. XLMEUR has been traded around 0,24 / 0,25 the last days. For higher highs we need to break the support line at 0,25. RSI levels remains relatively high between 50-60. Sathosi wise XLMBTC is now trading at 3881 and it would be good to see this going back to 4k. Expectations for this weekend IS: ...
XLMEUR back up to the support level around 0,25. Looking forward to see if it can break it and move further up (or not). RSI levels are quite high, so I am not so sure. If those BTC whales attack again we could be testing 0,22 again. More likely scenario is that we go higher... but on what? I am missing the good news lately. Fill me in please!
Yesterday markets were driven down by FUD... Yesterday when XLMEUR was around 0,22 cents RSI levels were so low that a nice buying opportunity existed. Overnight markets recovered. XLMEUR remains around 0,25 I have neutral view at the moment. XLMEUR is mainly following crypto markets at the moment.
So XLMEUR continues to be weak and the support has been broken. I will evaluate next steps today..
The upper channel did not confirm and was broken within 12 hours of writing my previous idea. Back to Neutral again. So storyline is reconfirm support line.
Yesterday I realised that it's time for change. So I had a look at the chart and thought... it's time that we move up for a while. We have tested the support level twice and now we are slowly moving up. My 3 week view BTCUSD: 10k XLMBTC: 4300 XLMEUR: 0,36 RSI: remains in 40 to 60 band IS: from Neutral to Long Not sure if this materialises, but would be nice if...
The nice thing about crypto currency markets is that they trade 24/7. I have not sent an update since Thursday morning. 2 things: again XLMEUR is following my channel. Furthermore the support level is clearly confirmed. We have now reached the rocket to the moon. But will it lift off? I have no clue to be honest. We have traded side ways and down for 3 to 4...
So XLMEUR deserved a new chart. I revised the channels to the new reality and revised the support aka bounce a bit lower For today: XLMEUR to hover between 0,27 and 0,29 XLMBTC to float around 0,00004000 Expect to trade within the down trend channel RSI to remain in the middle Until? who knows!
So the whales have attacked again causing a couple percent drop. BTCUSD back to 8168 at the time of writing this episode. My thoughts for XLMEUR for today: - remain above the bounce area - recovery again to 0,30 cent to the Euro - remain above 4000 Sat's and climb to 4100 Sat's If not, we need to think about a new trend going down faster than anticipated.. time...
The chart is a boring in the sense that StellarLumens follows Bitcoin. Satoshi wise the price is hovering around 4200.In my view not much new to add: we are trading side ways and following the path I drew on the 10th of May. The only good news I can think of is that inflation has been paid today ;-) Oh an besides the charts please read this: www.lumenauts.com have...
Stellar is following the trend channel and follows the forecasted track nicely. Overnight we saw some whales dumping BTC and Stellar followed x2. Will send some updates later today.
Lot's of excitement this week with crypto markets going down driven by FUD. Yesterday showed a nice recovery for XLM. If you look at Coinmarketcap you see that XLM made the best recovery in the top 10 market cap. For now I see that we are still in a downtrend channel. I believe we need to cross the 0,33/0,34 EUR level to see a new uptrend. Who knows, maybe it will...
FUD Friday is over... Fuelled by some bad crypto new everything went down yesterday. XLMEUR reached a low of 3500 sats and hit 0,25 eur cents. So quicker than expected we hit my bounce area. I am leaving my chart set-up as us for now... For today: XLMEUR sats level back up to 3750/ eur 0,26. Furthermore I expect that we remain in the bounce area for a couple of...
Fud morning, we went through my bounce area thanks to Nvidia causing overall market FUD. Everything now in oversold mode. So make your assessment! Good luck today!
So XLMEUR is clearly trading sideways and down... expect to XLM move below 0.30 EUR / 2700 Sats level.. Likely RSI levels for XLMBTC and XLMEUR are then so low that we buying opportunity going forward. so hodl