Looks like we may have topped out around the mid 7xx level for the day on this current leg up (check my previous charts for the bigger picture). However, looks like a strong elliott wave cycle has completed and we are in for some correction. Examining the 5 minute chart, we have what appears to be a clear H&S forming. However, we need to be certain that the...
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
Just an update to my previous long projection this morning for Stellar Lumens to hit the 1-1.1k area: there appears to be a strong cup formation developing on the 30 minute chart. Waiting to see a clear evidence of a handle, but all signs are still pointing to being very bullish: - holding above the 200 day ema - hovering above the 30 min ichi - exceptional...
Looks like we're about to break the c&h pattern that I projected earlier this morning almost to the T. Breakout of the 64x level confirms. Expect the next leg up to test resistance at the 84x level. Then pull back again before the rocket ship up to glory. Post-fork action should aid with the jet fuel. As always, pay attention to market signals, as this is...
Bull flag formation, can continue to pump! Bulish divergence on volume!
Im NEW to Cryptoworld ( trading just 2 months ) And I´m not sure for 100% but I think we have a finished CUP pattern before the breakout. Any opinions are welcome
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...
Stellar Lumens made a break out again after the correction. We should see 0,06 soon again.
Done this a bit with success swing trading on XVG recently, something different ;) I'm bullish on XLM short term following it's new partnership with IBM, but been a lot of hype on the back of some very positive news for XLM so if you're day trading prepare for this one to fall out of this wedge into a lower channel and potentially fall below 500 sats. This may...
Such a piece of news and a price spike of course needs its accumulation period. We're right in its middle, where prices are bouncing up and down in the 520-580 sats zone. I confess I'm holding a nice chunk of this bad boy, so I'm a little biased over it, but I definitely think this is one of the few coins with a future around here and my investing/trading style...
compare $XLM with $BITB and it looks the same.. $STR just broke out.. looks like ready 4 last leg up..!
Lumens met rejection earlier this week when trying to break up into a new trading range "box" (yellow) above the current one (orange). Still it looks like it wants to go higher, so watch closely this weekend and going into the next week.
If all is right Stellar must bounce from zone of FIb 78 lvl and go up to zone ~800