I've counted this with many different sequences and feel that a Double Three (WXY) combination is what has likely been printed here.
It's possible that it continues to correct further to three corrective structures and forms a Triple Three (WXYXZ).
I'm looking for a set of five impulsive and composed waves to rule this out and signal a change in...
. There is a possibility of temporary retracement to suggested support line (0.0000075). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. XLMBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic...
very divergent then breaks above resistance which becomes support, also just touched the trendline on the rsi. Should move up from here and if you zoom out and look at the bigger picture you can see that there is further potential than what i have presented.
XLM / BTC . Horizontal channel 50%. Now the price is at the bottom of the channel, if support is confirmed and an upward local movement begins, the potential for the first resistance is + 50%. Price rests against a downtrend (red line) of the main trend, breaking it and fixing above it can mean a trend reversal. A double bottom may form.
The potential of the...
XLM has broken up from its downward wedge and looks to aggressively regain ground as Bitcoin's price comes under pressure.
XLM has partnerships with IBM, Deloitte and other national banks in emerging countries.
XLM is a much quicker payment system, much cheaper and much more decentralised than Bitcoin. Furthermore it is open source and therefore is likely to...
long bear move of xlm is over and with the recent bull run of btc, xlm also broke its falling wedge... so i guess xlm bull run is gonna be pretty strong and in less than 2 weeks i believe its gonna hit 50% gain...
I have closed all but 1/6th of my long-term long position in XLM for 38% profit after buying at .000035. We could still go higher but I'd rather take profits now than be caught out by a sudden drop once the real top is in like we saw recently with BAT (which I did not have a position in).
As per the chart above, I have set buy orders at .000040 & .000038. I...
Looks like XLM will range here through this triangle above support for a while, the yellow line is my thoughts on what XLM could do in the future. Fundamentally some decent projects being built on XLM, and it has been the only coin really taking off seeming completely unaffected by the 10 month bear market. Would buy the dip closer to the support level in purple.