Buy Price: Green area Profit: blue arrow Invest Suggestion: 15 Percent Profit Expectations: - 10 - 20 Percent Looking at the chart of Stellar, I could see a pattern: the last two months, every time that currency, or closed or opened daily candle in fibo of 0.61, it had a great high that day or on the next days. So, be ready to buy Stellar, it will touch fibo...
XLMUSD has been one of the strongest performers of the past 2 months. Proof of that are the Higher Lows printed on 1D since Sept 11, that have created an Ascending Triangle (RSI = 55.984, MACD = 0.007, Highs/Lows = 0.000) with 0.3053 as its Resistance. If the price rebounds on a new Higher Low near 0.2325, then it will most likely test the 0.3053 Resistance....
Greetings from Benice team! Stellar coin has recently attracted much attention. It is very interesting that they have announced the possibility of adding it to Coinbase pro and of distributing coins for free on the blockchain wallet at the same time. Anyway, they are whetting our appetite. The news about the free distribution of coins has even appeared on RBC...
XLM / USD TA Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors. Exclusive Members please refer to trade instructions in your private groups.
XLM resistance found for a mid-term position. Stay tuned, and if it bounces, long position. I will update the chart when it keeps going. Volume now is decreasing and a new big wave is expected.
After completing the previous Inverse Head and Shoulders pattern, XLMUSD is now as expected a few candles away from the bearish break out mark (0.2170) of the 1D Triangle (RSI = 41.811, MACD = -0.002, Highs/Lows = -0.0120, B/BP = -0.0193). After the break out, it should successively test the previous Higher Low levels (0.2053 and 0.1930) before accomplishing our...
XLM has broken the Channel Down to the upside and complete an Inverse Head and Shoulders pattern on 1D (RSI = 53.287, ATR = 0.0159). Technically it should resume the downside as the Triangle (shown in orange) is applying selling pressure on a Lower High. If 0.2170 breaks, them the Triangle is nullified and XLMUSD will resume the downtrend towards the 0.1930...
XLM / USD 12 MONTH TA PREDICTION Let's start with main question, WHY WOULD IT GO UP? 1. Liquidity coins will be in demand 2. IBM World Wire Integration 3. Institutional Investors 4. Media Hype 5. Bullish MASSIVE accumulation pattern 6. Newer partnerships to be released Minimum XLM 12 Month prediction is $10 Maximum XLM 12 Month prediction is...
XLMUSD has broken the 4H Triangle (RSI = 50.142, Highs/Lows) that was created after the 0.3050 Top was made and is developing a Channel Down on 1D (STOCH = 32.408, Williams = -69.863, ROC = -3.162). In order to sustain this, we need to test 0.2198 this week and make this a Lower Low. 1W is still on a Lower High sequence, so on the long term we remain bearish on...
Stellar seems to be bullish, there are many factors fundamentally that could generate a tremendous rally. Technically it seems to be forming a descending triangle which is bearish but given current sentiment regarding a coinbase listing as technological development it may turn things around... Obviously if it breaks the current support of triangle this trade will...
Stellar is consolidating within a 4H Triangle (RSI = 50.704, ADX = 18.250, Williams = -54.760, CCI = -36.8849, Highs/Lows = 0.0000) having settled around the 0.500 Fibonacci retracement level after the 0.2263 low. At the moment the momentum is neutral on 1D also (Williams = -45.261, Highs/Lows = 0) and 0.2380 has to be crossed in order to break the Triangle. Based...
Like Ethereum, Stellar also recovered a little bit of ground against the US Dollar starting with the 19th of September pushed mainly by the total market capitalization which went above the level of $200 B. The RSI has neutral position, the Stochastic is indicating that the price might slightly continue to increase while the MACD seems to try crossing the Signal...
XLM had an amazing move up with Ripple last week and continues to mirror its moves so far this week. It is currently below the supply zone and FIB level, which is causing some resistance and we could see a move back down to the demand zone + breakout level around 3542. MACD histo is near going positive but looks like it has stalled as well as signal line turning...
XLMUSD broke the previous Channel Down on 1D on fundamental market parameters making a high at 0.3050, which is however a technical Lower High on 1W (RSI = 48.747, MACD = -0.010). Since the Lower High was within the 0.681 - 0.786 (0.2337 - 0.3143) Fibonacci retracement zone, we expect the price to make an equally quick technical gap fill on 1D to 0.1930. We have...
XLMUSD is now on the newly formed 1D Channel Down (RSI = 42.503, MACD = -0.007, B/BP = -0.0164), which is clearly on less bearish bias than other cryptos, hence the low bearish gradient with the neutral STOCHRSI = 53.138, ADX = 18.755, Highs/Lows = 0.0000. Despite this, it is still restrained below the previous Triangle's supporting line (red dots) possibly due to...
Stellar' fights with the round number area and with the area which has been historically a super-strong level to beat! Over the 2 week period it has 19(!!!) failed attempts to break above the mentioned levels and currently, we are trying twentieth times! Positive signs that we can break this: 1. The price is above the minor trendline which is pulled from...