This trade is not actionable without volume confirmation, wedge breakout, and ofc a SET SL AND TP
$XLM, Stellar, another old coin ready to go for a ride. For $XLM using 2 set of fibs. 1st fibset is old one used in previous cycle with the never reached target of the 2.618 fibline at 8.5k satoshi, making it the first target for this cycle. 4.236 of the first fibset at 14k satoshi market another interesting point which together with the 2.618 at 16.5k satoshi of...
Technicals: Weekly EMAs are crossing and momentum is shifting towards the bulls Monthly BBands are squeezed tight and significant accumulation has taken place over the past couple of months and the BBands are ready to expand for a parabolic move Descending wedge repeating fractal pattern Inverse H&S pattern formed on the daily period (same at the start of...
Hello traders and friend, today trying to figure out Stellar, there is not an easy way to frame it (DAMN). According to the chart, this projection to the end of the year shows a strong positive trend. All indicators are in favor of LONGS but with an amazing speculative team. Watch out for the first breakout (cause Stellar moon fast) then the second and last...
Technicals: 87 Weekly BBands have opened and the price is continuing on its parabolic movement with upper BBand trailing below as support If the 2017 fractal is in play, then drawing a fib extension from Oct'20 provides a glimpse into what prices could potentially reach into May 2021 Previously, the price extended to the 3.0 and 3.272 fib levels back in...
Young H&S formation Looking for a right shoulder to form Bars pattern in white Seems to be holding the base quite well on the STRBTC pair
After we'd reached the top of the horizontal channel which is the accumulation zone, XLM went down and now we are at the 61.8% Fibonacci level. Stellar grew in correlation with Bitcoin. During the last weeks, only two coins were growing paired with bitcoin - DGB and XLM. In my opinion, we are still in the zone of accumulation. After we'll break the resistance...
Stellar and XRPBTC pair have a very tight knit relationship. Just from this chart you can observe so many fractal indicators that may suggest this. For me it looks as if stellar is ahead with the formation of a double bottom within this small rectangular formation. Again I emphasize how closely these two move together. I am long XRP. :)
Plotting possible bull cycles for Stellar, this is under the assumption that a death cross will bounce the price up as can be previously seen, which then led to a golden cross. It can be seen there consistently is an 'initial pump' which leads to a larger pump. Will this occur again? If so I have plotted the initial pump on chart. Happy Trading!
Textbook head and shoulders pattern. BTC/USD Chart ( ) shows very similar pattern which could mean lower prices to come. Watch chart closely but to me this looks like a time to wait it out and buy in at lower prices.
Technical analysis: . STELLAR/BITCOIN is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 54. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0000064 to 0.000005). if so, traders can set orders based on Price...
Technical analysis: . STELLAR/BITCOIN is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 54. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0000064 to 0.000005). if so, traders can set orders based on Price...
Technical analysis: . STELLAR/BITCOIN is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 61. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0000064 to 0.000005). if so, traders can set orders based on Price...
Technical analysis: . STELLAR/BITCOIN is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 61. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0000064 to 0.000005). if so, traders can set orders based on Price...
$XLM is one of the coins with a clean count. I will use it as a guideline to look for similar setups. What's noticeable is the fact that there's bearish div on hourly timeframes so we'll range a bit now. The second subwave of iii was simple so 4 will be complex. #CRYPTO #XLM $STR #STELLAR #STELLARLUMENS
First of all it is difficult to do fractal predictions without trading view PRO, so heres a comparison. Stellar, ZRX and XVG can be seen to be mirroring BTC in there movement patterns. This is the pattern I have been talking about for anyone following my posts!
Stellar is in a falling wedge pattern, breach of the bottom of the falling wedge may signal an immediate upside.