SpartaBTC

XLM/USD Main trend. Timeframe 1 week. Channel.

SpartaBTC Updated   
COINBASE:XLMUSD   Stellar
Radiant Star of 2218) One of the most “silent” cryptocurrencies. Unlike its fellow clone, pumped up by the community on the ears of pseudo-esoterics (although 589 is not going anywhere, which is, that is, it is not price))))....

Note that past secondary trend reversals are shrinking after significant dips. We are now in the lower zone of the channel, but not at the lowest potential values. Never “catch” the lows and highs, but work most of your position near those values, and you will be happy and relaxed.

I advise you to combine pyramiding (up) + martingale (down), and you won't care where the price goes, because you'll be happy with either direction. It is also rational to protect your profits with stops, but not near intraday volatility.
It is also natural for your peace of mind to forget about two things if you have a mind:
1) Forget margin trading. Work only on spot.
2) Forget the 1 “world's most reliable exchange” (diversification of trading and storage).

Coinmarket: XLM

About the enlightenment:.
1) Instant (less than 3 sec) transactions,
2) Conditionally free transactions $0.000001 (0.00001 XLM micro payments),
3) No network congestion (30 sec refund in case of failed transaction (not to be confused with exchange),
4) Smart contacts and NFT (2022),
5) "Transaction rollback" (this is an advantage, not a disadvantage for real use, not speculation),
6) Support for multi-currency transactions.
7) Interest in XLM blockchain by states.
And much more...

Roughly speaking, all the best worked out solutions from thousands of temporary “faith cryptocurrencies” over the last 10+ years.

Incidentally, many states will be making “transitional” fiat currencies on this blockchain. For example, the long-suffering Ukraine. But then when there will be “total sadness”. Creating a problem—presenting a ready-made solution.

Here's what this important zone looks like on the 1-day timeframe. Key reversal or trend continuation zone.
Breakout of the local symmetrical triangle +10% to the mirror resistance level of 0.2022.

Comment:
+28% from the breakdown of the local triangle.
Comment:
Comment:
Timeframe 3 days. The idea of training / work. Breaking through the local clamp (support 0.185 (113) and direction of the price to the zone of dynamic support of the secondary trend (green), thereby realizing the local target of the descending flag (part) to the level 0.168677, where an arrow was shown from this level - the shadow up. Guess what it is and why.
Comment:
Comment:
The trading situation is now local. Timeframe 1 day. Showed %-w if the local trend (purple) breaks
Comment:
Secondary trend. Wedge.
Comment:
momentum due to short stop-loss orders to the shorts. Exit from the local accumulation zone. +25% from the reversal.

Of great importance in the price movement is the future news background to accompany the trend (creating volatility, i.e. earnings).

1) winning/not winning XRP against the SEC (delaying the process, "killing faith").
2) Appeal depending on the result of the first or second party (2-3 months). As a consequence, dump or dump the local trend.
3) PR of everything related to the implementation of the new asset standard. XLM as an example for cryptocurrencies corresponding to the new norms.
4) Launch of E-greenback on the stellar blockchain.
Comment:
+40% exactly into the level of 0.11 4618 (0.113180)
Comment:
From the zone of the level 0.113180 a break of the local ascending trend line (price direction) and a pullback to the support of the horizontal accumulation channel #2.


The reversal zone. Accumulation zones. 401 day.

A "hammer" candle (bullish formation) was formed on the 3-day time frame. There was no stop-loss withdrawal under the accumulation zone #2 (not necessary, but it should be considered in your risk management and allocation of funds for work). I have shown schematically a local price movement in this zone of the horizontal channel with and without entering the stop-loss zone. A total of 2 accumulation zones have a time horizon of 401 days (13.36 months) at the moment. This is true for most cryptocurrencies of the entire market. This has never happened in such a scale of assets and time duration (including the stock market with a history of many years), all because there is a massive digitalization and implementation of such things ahead.


Risk Management.

But, we must remember, cryptocurrencies without real use (not the promise of "noodles hanging") - not just depreciation by time, but death, primarily because of the "purge. Therefore, at the slightest hint of an alt-season at the slightest rise in the price of HYIP scams, especially "memes" and "anonymous" - the deliverance by the market. For the market, the worst is yet to come (the super fear phase, capitulation) despite the fact that it is now such a long accumulation phase (just as impressive may be the super short-term capitulation phase). Of course, this is a logical possibility, nothing more. It may or may not be used.


Manipulation.

In order to make money in the market, you should not catch lows or highs (leave it to fools and "hamsters"), what matters is the average buy/sell price (accumulation/distribution). Decide on trading instruments (not so important, but remember, cryptocurrencies have an ability to "disappear") and the time frame in which you work and the probability of logical objectives for it (important).

But the longer the accumulation - the more painful the capitulation, you can't drag the spongers into the sky in the next super cycle.

Until the peak of the next market super cycle (not what everyone will think).

Surrender. Accumulation. Capitulation (optional). Pamp/Dump.

Before the market peaks (with a high probability that BTC and ETH to the dollar can overcome their highs, % compared to future targets is laughable. Keep in mind the time of BTC halving and what will logically happen at such moment, if almost all BTCs under one management are "in one hands". So if you are not a trader keep your bitcoins and GP Morgan away from exchanges. Speculation will only hurt you.

Pump/dump "super-duper promising crypto trash.

Some alts (not old, but new "HYIPs"), will pump up very heavily. That is a conspiracy (creating speculative liquidity) on the speculative interest of a minority (big capital, funds, exchanges). Which is humor over the majority. Offer, tell about the "product" (marketing, advertising) about the prospects, the application of cryptocurrencies (initially knowing that this will not happen, the point on the HYIP (liquidity) get rid of the "volume of nothing" (after the HYIP slow depreciation, forgetting, "not withstanding the competition). Similarly all as summer 2018 and 2020 created and pummeled similar functs by a large % compared to the small flat growth in that period of the market. Some crypto (not crypto) hype liquid garbage is still in the top 100 and even 50.
It is quite possible that cryptocurrencies for future financial system (real application) will show positive dynamics.

The first next bullish super cycle is late 2024-2025 (peak). Not the kind most will be expecting.

Correction. "Extinction", "Attrition". Creation of the new, not withstanding competition. Beginning of mass implementation of the tested technologies themselves now. Primarily to control "cash flow". Something with the symbolic name for the beginning of the October Revolution in 1917, what the programmers of BIS, FED, Ripple (conditionally XRP) and so on have been working on for three years (all the same, even disparate at first glance, because the meaning and control is the same).


Subsequent - 2029-2030 main super pumping. The most inadequate pumping in terms of today's prices of everything with real application. Primarily due to mass use and supply constraints at a time of huge demand. The end of the "scare tale season around the world" (redistribution of resources and power, changes in governance and money). Mass adoption and use of blockchain and related technologies, order and control in everything (thanks to technology and "memory of the past"), primarily in money flows.
Comment:
Work in the accumulation channel. Breakdown of the local downtrend.
Comment:
+24.96% Breakout on the impulse of the resistance (2 times) of the accumulation channel of 413 days (accumulation zone #2 233 days). Closure above this resistance - exit from the long-term accumulation zone of 1.37 years and reversal of the trend.
Comment:
+45.44% shadow to the level of 0.11318. Rollback. This level is the meridian (average price) of the first accumulation zone.
Comment:
+45% momentum again to 0.138111 level after pullback to 0.096 pivot zone (under history with XRP)
Comment:
+103% (0.1839)
Comment:
1 hour. triangle. Working from a buy stop. Formations of the triangle web or flag for the ascending pennant (high probability)
Comment:
+29% local reversal zone. The marker showed conditionally "bowl with a handle", i.e. the most positive variant of development (trend continuation) of price movement.
Comment:
A full-fledged symmetrical triangle was formed on the 1-day time frame after the impulse-pump +103% at the exit from the accumulation zone of more than 13 months.


📊 Pivot zone and stop zones.

Volatility decreases, #StopLoss zones shrink ("fuel" for moves). A decision is made in which direction it is more rational to locally "shave stops" and move the price (pardon my French). It is logical that stops can be removed in the beginning before the main movement (not necessarily). The price is clamped, the whole logic of local work is described and shown on the chart.
Comment:
4 days of price squeezing by "walls" of buy/sell orders (algorithm) on liquid exchanges in a very narrow range of 1.21% in the final phase of formation of a classic symmetrical triangle (potential ascending pennant). Exit from this reversal zone is imminent, or stop loss collection, then exit.
Comment:
price is still in the support/resistance zone of the levels (0.16 - 0.138) of the reversal zone, but outside the triangle formation. Be extremely cautious (the whole market) who trades locally, can fatly collect stops from 0.13 to 0.11318.

The resistance level, the breakout of which brings back the bullish mood (continuation of the dump after the pullback) - 0.15 -0.16180.
Comment:
14 01 2023
Tras la ruptura a la baja del triángulo (zona horaria 2 de agosto) - se formó un canal horizontal 0,113180 - 0,138111. En este momento el precio se encuentra en la zona inferior de este estrecho rango 22%.
Comment:

Time frame 3 days. Local trend.

After breaking (breaking) the resistance of the descending wedge (trend), a sidewall is formed (accumulation zone with 3 local zones).
Comment:
Like all Ripple group pilot assets for central banks (it's not actually XRP, and that's the whole point), XLM has been in super profits since 2017. But this is not a problem as most crypto coins after 2 market cycles have already been redistributed (2017 and 2021 allocations). In addition, 50% of the former coins have been burned, before the 2021 cycle starts.

Given liquidity, capitalization, well, and the logic of the chart (main trend, emphasis on 2017), there can hardly be an inadequate pump on XXX until the end of the 2025 cycle. But like any other similar asset depending on its liquidity will give about +800% from average set (accumulation) price to average reset (distribution) price.

The exception that a "superdriver" might make is some massive play with CBDC. But until then, all CBDC pilot blockchains have not shown any "fallout from the general market cycle". That's why they're pilots.... Although, when the central banks of the states launch their CBDCs on a mass scale, the situation may change. But remember, a pilot project can remain a pilot project, especially when media PR is evident. Therefore, do not be squeamish about profits and do not be attached to the ticker name.

Perhaps, if the market significantly "bites its nose" (final "unexpected" capitulation before the "participation" phase in 2024), XLM, like other crypto-assets, will follow the general trend. But in the long run, the ultra-fast, low-cost, micro-transaction (payment) supporting pilot blockchain for CBDC states by the central banks of states is hardly threatened. At least all such blockchains will have a number of immunities of advantage from the states, unlike speculative "crypto beasts" with imitation utility, which at any rustle from the regulator are crooks.

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