Xlmbtc
XLM the faaaaaaaaaa?XLM has created head and shoulders and broke down below the yearly/monthly resistance.
I would not recommend buying or shorting atm because you don't know where the market will move to.
What you need to be watching is if the xlm can move back above the yearly/monthly resistance or dip all the way down to second pivotal resistance( a potential buying spot).
I'm not in any positions atm.
Good luck and let me know if you have any other thoughts.
RSI Bounce level?Take a look and see for yourself. Friend of the trend. Support Resistance flipped, fast bounce from new found support, looking bullish, one hour RSI looking ready to make a turn around again. If we back test support again, look to add to a long position before this coin goes parabolic like the other alts.
XLMBTC - Looks strong to get higherXLMBTC is interesting to observe. It looks like a good pump candidate, at resistance (tested multiple times), but rising sharply.
Good entry point - retest/close above the resistance. A strong pump looks reasonable after the resistance break.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
☆ XLM / BTC — Stellar Lumen Forecast ☆So the price of the XLM in the possible bottom formation and I called it «Base» on the chart, after base Breakout we notice huge increase in prices.
I’ve noticed few cycles on the price action and showed them on chart, here is the big cycle and 2 minor cycles. I believe price XLM soon will increase after the breakout from Base.
Historically price moving to 1600 and 3800 levels. If this time price will increase to this prices this will be insane profits (up to +350%). But of course do not forget about huge risk behind this potential trade.
The acquisition or gradual gathering of something (Part 2.)Hello dear followers, friends, haters as well as newcomers.
Lets focus closer on The accumulation of wealth today
Accumulation function, a mathematical function defined in terms of the ratio future value to present value
it is literally the process of gradually increasing in amount, or the increased amount
Accumulation/Distribution scheme chart applied on BINANCE:XLMBTC
link on chart HERE
Wanna know more then see also previous part HERE
What Do Fibonacci Retracement Levels Tell You?
Fibonacci retracements can be used to place entry orders, determine stop-loss levels, or set price targets.
For example, a trader may see a stock moving higher. After a move up, it retraces to the 61.8% level.
Then, it starts to go up again and vice versa. But here we got a 100% retracement
with bullish signs and full retraced markets is what I personally like.
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.
XLM Ready to Take OffHey guys!
I'm back with one of alts that is about to explode!
Most of you may already be aware of it along with XRP.
Not much description needed for XLM/BTC.
Double bottom on daily and multiple indicators shows green/blue whichever is your favorite.
Please like and follow!
I hope my chart helps with your decisions!
XLM/BTC - going further up?It is only missing volume and you should be wary of BTC dump taking it down with it. BTC dump will depend on SPX dump which depends on employment data today.
If data is good, BTC should have room to go to around 9.4-9.5k but it would probably top there due to a confluence of resistance. It could go down to 8.6k before renewing but let's not rely on the crystal ball but rather look at what is in front of us.
For this trade on XLM I would either wait for a small pullback - that means waiting out the move today from SPX and BTC and then enter long or just go long now with a stop-loss below trendline.