Januari has just begon but it can end pretty damn fast aswell tho while you're trading. Currently we are retracing from the ~11% pump we had which broke the downtrend, now we're trying to find some resistance at previous highs on the consoldiation area arround €0,043. If we can hold I'm seeing us going to € 0,052422 which is the previous monthly High and would...
We had a bumpy ride with xlm the last month, and finally found a nice bounce together with BTC. The candle we have rn is rlly close the Parabolic SAR. This means going above it will be a complete reversal IMO. While going up we would have 3 pockets where we could face resistance and have possible rejections. If all goes well, we get a nice looking ADAM & EVE pair....
Been touching resistance for a while now support area not that visible tho. 50 MA right below 100 MA both going down while price is just a above it. Fake-Out happened ( downside ) IMO.
Speculation - Not financial advise Bollinger bands where very close to each other for a few hours now -> until it tried to push above the 100MA which it probably will succeed in. On the further hand a bullish cross will come in pretty soon aswell. Are we going higher and hit my target at 4,2 cents -> This would mean that a proper reversal has been made -> look...
IMO this is a retest of the previous resistance crawled above. We want to stay above and bounce of it if possible, volume is already coming in. But 50 en 200 ma are almost crossing bearish each other on the daily chart.... What will happen. Neutral & No financial advise.
Bullish divergence has formed, possible target for XLM reaching 1000 Sats retrace on the falling wedge and then go up further or -> touch the resistance line of the wedge and go down. This is my opinion, not financial advise.
Do we hold the resistance at the 0,786 fib line ( € 0,050102 ) or do we drop down to the 1 fib line ( € 0,048122 ) and try to break thru there ? Holding this resistance level would follow in a breakout to the upside and would give us a target at € 0,057373. The big resistance area holds us down from the 4th of Novembre and the 12th. ( drawed another line from...
Double bottom if the current descending triangle breaks up and moves to €0,057. Bouncing off 0,5 Fib line ( hovering above it ). Support has many touches. Just my opinion on the chart, no financial advise.
XLMEUR prediction made 21/11/2019 17:48 GMT+1 We are in a descending channel for a while now and already in oversold territory -> Possible to hit the top of the triangle or top resistance level. If we don't see big volume when leaving oversold area we may see a continuation to the downside. This happends if we retrace to previous support and bounce down big.
Higher Highs -> Fib Retracement -> Bounce Off Golden Retrace -> My Expectation. Maybe Not The Best Analysis But It's IMO So Not Hate Against Me If It Ain't Correct. Much Love.
50 MA and 100 MA crossing each other on Daily chart. Increasing amount of Volume last couple of days. Overal in an upwards moving trend with Support and Resistance near us. Possible breakout upwards towards € 0,10 .