Very strong setup for Stellar Lumens. This region has served as a resistance area for 12months, possibly looking to breakout soon.
Fairly obvious and self explanatory strategy.
The future areas of interest have also been highlighted.
Will this finally be the reversal that altcoin holders have been waiting for?!?!
. STELLAR/TetherUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
. There is a possibility...
Looking at the daily chart we can see there is no significant trading volume in stellar at this time - this is an overall bad sign. Also the death cross is uppon Stellar as is happening with many other cryptos (possibly will not have a huge impact), but I´d like to see some support on the 200 MA before commiting to a trade.
Recently the 200 day MA has been...
Thank you for your interest. So far I have been very successful in predicting XLM's movements since mid-2017.
(Please have a look at my "Lumeneer" Twitter feed's media forsome good past calls.)
I'm a strong supporter and believer in Stellar Lumens as a project however I think a break from downward trend is unlikely in the near future. I see XLM...
I am by no mean a professional trader. I am just trying to have some creative insights and my aim is to work together with the community
towards a more free and abundant society. That is why I would like to share my ideas with you, so together we can reach the sky.
The questions is however, will we go there on Stellar's rocket?
Put your thoughts in the comments.