I'll cut to the chase and say that I am bullish for Stellar in the short term. Reason #1: It is my belief that Stellar found it's bottom and the recent bullish move that followed Bitcoin has only strengthened my opinion on this matter- Reason #2: Looking at the charts we can see that this is a classic falling wedge formation. d.stockcharts.com After a big move...
Inverse Head and shoulder is sighted in chart and already poise to break out soon.. price action above EMA line which is a bullish sign Indicator : DMI : DMI+ seems to fall off for a while DMI- is still in downward movement which is still good atleast for the bull for no pressure from seller. DMX is rising indicate a support for current momentum which is for...
Bearish for short term after the price action broke from the potential bullish ascending triangle and being rejected by 20 and 50 EMA.. also it seems consolidating between yellow fibonacci 0.236 (daily/long term) and EMAs line.. some big move expected to be appear in the future either up or down. MACD is looking bearish as it's could still continue to build up...
Green FIbonacci retracement from past recent lowest point on weekly chart Yellow Fibonacci retracement from recent high and recent low on daily chart White Fibonacci retracement from recent low and recent high on 1 & 4 hour chart - MACD selling pressure cannot manage to continue for a while and creating a lower low instead since may 2019. - EMA lines begin to...
Potential H&S forming on XLM/BTC. The next day should tell us what we need to know and whether a reversal of the bearish trend will happen. With BTC gaining a lot in the last few days it has made trading tough and a lot will depend on BTC performance but if we can break through that neckline and climb to 1500 sats then we may see a quick climb. Keep your...
Bottom: 1411, 1353, 948, 366, ATH : 8399, 16291
Chart is self explanatory. It is possible for XLM to fall deeper after this pull back.
doesnt looking good for Stellar/btc as the btc keep rallying/btc dominance rising.. broke a longterm trendline is a bad sign for str/btc .. though the indicator is flashing a good buy. in term of past support/resistance.. Stellar didnt have much support nearby.. the nearest support saddly around 1500 satoshi.. but we will see what happen...
After being rejected from 200 EMA and now currently Testing trendline that already been established since October 2017. it's a crucial support in order to maintain the price level above 2200 satoshi if it broke.. expect a major downfall since there's few support in play from the past time... if we look closely we also inside the Ascending triangle, if the recent...
Chart is self explanatory
I see an opportunity to buy now. Bollinger bands are oversold, RSI rising and MACD looks to be moving in the right direction.
Chart is self explanatory. I see XLM do some strong bullish moves. Our next accumulating area will be around 3300-3200
Small gains can be made by using BBands and looking for a big red candle through the bottom of the cloud. RSI confirms this.
First TA since my ban was lifted yesterday! (Formally known as TragicShitCannon. ____________________________________________________________________________________________________________________________- Cup & Handle confirmed on the Daily which we have now broken. Short term future looks good for Stellar. Money 20/20 Could be significant, possible dump after...