XLMBTC trade ideas
Stellar's Parabolic RiseXLMBTC It's coming out of the parabola. The bottom of the chart is 0.0000555, right now is the time to get in before it goes back to 0.000020 then 0.000030 all the way back to 0.000067. Check out the the purple cup before the the big gold cup it's ready to duplicate that spike. Good Trading
xlm btcxlm getting ready for big up and make head and shoulder. when btc hit 20k in 2017 xlm was at 1536 sats 30 cents, but when btc was retracing and xlm was getting ready to go 90 cents, it went 1828 sats so i think this time xlm will be 1828 sats by the time btc hits 20 k and i think it is in december, which would make xlm 36 cents when btc hits 20k and retrace to 14 cents
Stellar continues its growth up to .00001540Stellar has been performing well lately against...everything. We see all alts recovering from their long term bottoms. We are already seeing Alt season underway.
We should continue the formation we have seen previously and will hit 150% of today's price by EOY. Others are calling for much greater and I also see that happening but short term we can shoot for this.
I think BTC will recover however it will not post the gains we would like to see until after the halving. There is not reason to hit a new ATH in Bitcoin before the halving.
If we continue the trend as BTCUSD has shown, we should hit .0000108 and retrace to .000008550. The VPVR is showing support at .000008 and resistance at .0000154 which is our eventual target.
We are seeing similar moves with LTCBTC and should hit similar targets very soon.
Potential XLMBTC Fibonacci Entry PointsI am bullish on BINANCE:XLMBTC because:
Sept. 17, BINANCE:XLMBTC broke out of a descending wedge
Nov. 5, XLMBTC broke out of an asymmetrical triangle
Oct. 28, The SMA 50 and 100 had a bullish cross
It just bounced off the 38.20% (Fib)
If BINANCE:XLMBTC falls below 38.20% then 50.00%, the support line of the current descending wedge, and 61.80% on the Fib, are possible next stops, which with a confirmed bounce off of any of those are potential buy entry points
NOT FINANCIAL ADVICE. DYOR.