XLM
Don't miss the great buy opportunity in XLMBTCTrading suggestion:
. 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.
Technical analysis:
. 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 support.
. The RSI is at 77.
Take Profits:
TP1= @ 0.0000094
TP2= @ 0.0000125
TP3= @ 0.0000207
SL= Break below S2
XLM STELLAR BITCOIN LONG WEEKLY SUPPORT 1453
SL 1204
T1 - 2161
T2 - 2658
RSI LOWEST SINCE JUNE 16 OVERSOLD
DISCLAIMER _ THIS IS NOT A FINANCIAL ADVICE
XLM Update 15-May-19Hi all
Good day! In my previous post , I described about Ripple Long Term Bull Run.
In this post, I will explain the short term price action on observing a famous chart pattern called "Inverse Head & Shoulders Pattern" which is a bullish pattern.
As you can see in the chart, the head and shoulders top is used to predict reversals in downtrends. This pattern is identified when the price forms left shoulder, head and right shoulder inverted with a neck line connecting the head and the shoulders . The target is equivalent to the height of the head from the neck line.
Hope you find this useful.
Follow me here , for more updates.
~RPS~
Stellar(XLM/BTC)XLM/BTC Analysis
Stellar project enables low-cost interbank transfers across countries in less than 5 seconds. The Stellar Development Foundation is also working to enable access to the financial world for the unbanked.
Bullish Case:
XLM has been hovering around the long term horizontal support (green bar)and surged 15% before correcting to the same level again.
If it manages to hold the current level then it might try to test and break the next resistance zone(red bar) which would be bullish for mid term.Bullish momentum would be confirmed when the resistance zone(1st red bar) is broken and retested with buying interests.
Bearish Case:
If the current support level(1st green bar) doesn't hold up in the coming days then it would be pretty bearish for the asset and it would test the last support level around 0.00002200 -0.00002100 satoshi level.
XLMBTC Latest Technical Analysis 35% Target projectionWe are doing Analysis of XLMBTC on Daily Timeframe .
With the Help of trend line , I have made trend line
Support and Resistance Levels
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
There is a possibility for the beginning of an uptrend in XLMBNBTechnical analysis:
. Stellar/BinanceCoin 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 support.
. The RSI is at 51.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01960 to 0.01570). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01960)
Ending of entry zone (0.01570)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.02550
TP2= @ 0.03100
TP3= @ 0.03880
TP4= @ 0.04950
TP5= @ 0.06020
TP6= @ 0.07550
TP7= @ 0.09500
TP8= Free
XLMBTC Bittrex Price Analysis XLMBTC Bittrex Price Analysis
This Coin price is already at Over Bought Zone,
the support level - 1545 Satoshi
The Chances are the price should touch the 2072 Level.
All the indicators lines are towards up..
There are some chances that the market should goes up..
If this chart is helpful to you, then don't forget to follow us..