After XLM faked me out on my previous idea when I anticipated a breakdown in a bearish flag/pennant....it is now showing very positive bullish signs that are further aided by the cup and handle formation that is currently close to completion. It has been steady forming higher lows and higher highs even despite Bitcoin's swift rise, which is a sign of stability...
Lumen might be one to watch in the next few weeks and months. RSI is strong, Ichimoku and Bollingers look pretty good. Rumours floating around of XLM being incorporated into Asian banking spheres. I don't trade rumours, because most of the time it's bullshit or pump and dump crap. But just keep an eye on it. PM me for entries, targets, and custom charts (small fee)
It appears that XLMBTC (STR, Stellar Lumens) is about to make a bullish moving average cross on the 4hr. This is a good set up for a long term trade LONG. Stellar has a great project with a lot of support in the crypto community so it is likely that unlike the other alt coins that bleed when BTC is megabull (as it is right now..) STR/XLM may still rally Entry:...
Will Stellar Lumens (XLM) be able to reach $0.1 USD by the end of 2017 after being adopted to deploy cross-border payments by IBM and some Down Under and Asian banks?
If you've followed my ideas long enough, you'll know that I absolutely love scalping/swing trading this coin. For the most part, the medium and large moves have been quite predictable. I'm making another short-term forecast. It's currently been bouncing in a rather tight range within a bearish descending pennant/wedge. The 1hr chart is quite telling. If the...
Greetings from South Africa, Lately we have seen a strong support between 420 - 460 and i dont see us breaking below that any time soon (unless bitcoin does something similiar to Oct bull run) Anyway this is my meathod for trading this coin for the next 2 weeks > Buy at 450 - Sell at 550-620 - stop loss at 380. Hope you guys find my method of trading useful....
Check out this Technical Analysis about Stellar Lumens. It looks like a really promising altcoin to me, thoughts?
Cup and Handle pattern forming on POLONIEX:STRBTC ( BITTREX:XLMBTC ) We could finally be set up for a big break out.
$XLM could be taking the next leg up!
400 Satoshi is tip of this descending wedge. Breakout should come before price reaches 400. This thing is primed for take off... Buckle up! POLONIEX:STRBTC
im by no means a chart maker, but this sure looks like a possible cup forming. keep it simple :)
Hope you all got something useful out of my shorting call earlier this morning. Broken down bear pennant, 4 hour hammer, broken down 646 support, leaving the 15 min ichi, and dropping below the 200ema confirms the move. At least for now. Re-examining the charts, this might be the end of the 3rd leg on a corrective elliott wave from the previous jump. Or it...
Stellar could be forming a new falling wedge inside a larger long term pennant. Expecting a further drop before bouncing off support. Opened a short position at 670 after price stalled and revealed the wedge's resistance, posted earlier today here: Target price around 550-570. Breakdown of this Fib confluence could bring price to the low 500s until support...
Stellar/Lumens has been hanging out in this channel. Keep an eye out for a break above or below these channel lines. BITTREX:XLMBTC
BITTREX:XLMUSD its on breakout now, from this morning its 170% up and going. take care. Ripple will probably follow soon. KRAKEN:XRPUSD FR
Chart shows a strong bounce off the 4 hour trendline (and subsequent large channel elliott wave) and a pattern reversal in what I think is another elliott wave back up to the ~1k-1100 area. Great time to enter long if you can get in around the 5xx area. Suspect it will continue to get a lot of volume this week as the price of BTC fluctuates. Has remained strong...