6.5 years and -98% later, XLM is still getting r***d by the BBC, oh sorry, i meant BTC. no sign of reversal on the RSI. Breaking below every support level. last chance is the bottom support line and if it goes below that level, XLM might be in an eternal downtrend against an asset with declining ROI per cycle.
In the real world, a patter like this should not exist. But this broadening edge suggests that an XLM to BTX ratio could be 0.00037, which means that if this happens when btc is at 140k then XLM would have to be at a staggering 53 dollars, which means its market cap would have to be at 1.5 trillion dollars. This is too much. This will never happen in the next...
Anticipating a déjà vu from Dec 2017. A glitch in the Matrix. BTC to continue rallying, finish bleed alt/BTC pairs, then FOMO to alts. Avoid anything that hasn't survived the test of time. Unless you're strong enough to be a bag-holder. I think Stellar may have bottomed here.
I have to admit it, "Does it look bullish?" No! Where are the bullish signals? This is the question I received when I shared the EOSBTC chart; I have to admit it, there were no bullish signals, yet based on experience and marketwide action I still called for a reversal to take place; this is now being confirmed. ➖ The same is true for XLMBTC. It is not bullish,...
Buying some XLM in BTC pair at this area for mid-term 💰 Trade time frame: 1-3 months
XLM has to go through lots of s***t to regain its dignity against BTC. The pair is currently trading within a descending channel. Upon confirmation of the bullish divergence on the weekly RSI and a breakout from the channel, I have set my sell target for the pair between 0.000014 and 0.000015
I just wanted to share what I’m seeing on the XLM/BTC weekly RSI chart. If I’m not mistaking a bullish divergence is forming on the weekly RSI indicated by the lower high forming on the RSI chart and the lower low formed on the price chart. Honestly we can only confirm if this is a bullish divergence if the RSI does not go lower and keeps rising from here.
In previous videos, I suggested the possibility of the downtrend persisting, drawing conclusions from patterns observed in various charts. However, it appears we now have potential confirmation. Analyzing small degree waves can be challenging, which is why I recommended employing dollar cost averaging. This strategy enables you to acquire XLM at lower prices as...
In this video, I discuss the potential conclusion of Wave 2 and the imminent initiation of Wave 3, contingent upon certain factors. Dollar cost averaging proves to be a prudent strategy, allowing one to establish a position while still capitalizing on lower prices if the market experiences a downturn. When the waves exhibit uncertainty, especially in their...
I'm consistently labeled a permanent bear, but my stance shifts when there's a valid reason for optimism. Employing AriasWave, I meticulously explore various scenarios daily, reporting only on counts that align with the prevailing circumstances. Lately, I've observed a shift in counts favoring a more bullish outlook, and my videos reflect my current perspective....
LSE:XLM looking to retest summer 2023 highs against CRYPTOCAP:BTC Look for an ishs breakout to ignite the battle to save earth XLM/BTC 600 sats and beyond
+ Very long time accumulation in #btc pair + Lying on horizontal and historical support + Undervalued NOT FINANCIAL ADVICE.
A "channel," in the context of trading and technical analysis, is a chart pattern that forms when the prices of a financial asset move between two parallel lines, creating a kind of corridor or channel. There are two main types of channels: an ascending channel and a descending channel. Ascending Channel: This channel forms when prices have an overall upward...
NFA y axis only C wave began in late june wave 1 and 2 illustrated in chart wave 3 is ahead assuming btc make a new high into 2024, xlm should follow intital target $3
This is the BTC pair for XLM As you can see it is settling just above a horizontal line in white that has been seen as support (in green circles) I expect to the breakout to be quite aggressive just as the prior ones, hence the bars pattern in green up to the horizontal resistance level.
Stellar Lumens is pulling back to demand zone where a bounce towards 200EMA would make sense, especially after a morning star. ⚡️⚡️ #XLM/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 12.6% Current Price: 1) 0.00000317 Entry Targets: 1) 0.00000314 Take-Profit Targets: 1) 0.00000364 Stop Targets: 1) 0.00000289 Published By: @Zblaba ...
XLMBTC hasn't had any chart updates in a while so I put some lines and squiggles on a chart.
Looking at the Bitcoin quoted chart on the left side, we have a bullish divergence on volume, as per the Stochastic Momentum Index (SMI) of Money Flow Index (MFI) indicator. On the chart quoted in Dollars, a divergence was signaled beforehand in the ROC (Rate of Change), allowing an entry at the breakout of the 0.91 value.