Stellar is in a falling wedge pattern, breach of the bottom of the falling wedge may signal an immediate upside.
every coin that has a futures index will be mega pumped, XLM is one of those; i'd load up at 500~ sat and exit at 3300-3500 easy dont use leverage or margin, simply spot market this
Chart is self explanatory
Similar formation, watch the channel, probably 4 cents will be bottom.
XLMBTC will target to below 530 satoshi, the preferred buy area is around 303 satoshi, the dip before reversal is between 29 July - 12 August
If you have no clue about the future TP levels for XLM I can help you! Good luck! PS. Sorry for bad drawing (actually looks like worms) using an laptop. But I hope you understand what I wanted to tell.
BARS A & B ARE THE SAME LENGTH YET... WITH 4X VOLUME, BAR B COULD NOT MAKE FURTHER DOWNWARD PROGRESS HOWEVER... NO LOWER SHADOWS AND REDUCED VOLUME SUGGEST A LACK OF BUYING INTEREST ABOVE THIS SUPPORT LEVEL LOSS OF BEARISH ENGULFING PATTERN SUPPORT... SHOULD CAUSE PANIC SELLING INTO OPERATOR'S BUY ORDERS ABOVE SIGNIFICANT PITCHFORK SUPPORT...
- I'm remain bearish until this coin break the recent down trendline for a first sign of reversal, but before that happen.. i expect this coin to 30 satoshi or zeroooo!!! lol. - Expect a bounce from one of the support fibonacci line on quick pace after it's prolonged seller pressure. Indicators : DMI : -DI is still on the rise, ADX is still above 25. MACD :...
Stellar going to recover its previous positions.
Stellar lumens forming a bottom with bull divergence on rsi, getting ready to reverse the trend. will also perform really good against dolar pair.
STR?BTC get rejected by SMA (simple moving averages) and previous up trendline which is very bearish for current trend. Right now, the price action is teasing to break the support fibonnaci line which if it cant hold or manage to get above that line. would be a devastating dump for this asset. Indicators : MACD is building it's seller histogram sign of the...
Chart is self explanatory. From this point we can start to grow right to the 2700.