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STRBTC

STRBTC - The calm before the stormLumens has retraced in between the .6 and .618 fib levels, which is to be expected given that lumens tends to retrace to this level from its previous bull runs also. I do believe that the ABC retracement is complete but with BTC's uncertainty, noone can say for sure. The wedge in the image will tell us if a breakout is happening or if another pullback will occur, only time will tell. I would play it safe for now and only buy upon a breakout confirmation, otherwise you can still get lumens for a cheaper price if it pulls back. Both RSI and MACD have resetted and we've been in a sideway market for the past couple days. Volume is also drying up, which are all signs of a bullish market. I do believe that this is the new floor from the latest bull run, but again... BTC's potential bullrun can ruin this for us. I will be keeping a close watch on lumens as the day progress and will trade accordingly. If a breakout does occur, then I expect our first resistance to be previous ATH, from there it might pull back a bit (as depicted) and then runup to around the 9k satoshi area. Hopefully the major market mover announcement is happening by the end of this month... that would send lumens into stellar space. Reminder to keep a close eye on BTC's movement on top of lumen's movement! Lumen's bullish movement will stop dead in its track if BTC has a bullish movement of its own... unless Jed hits us with some good news! Last, this is not, in any shape for form, investment advice. This is just my take on Lumen's chart. Happy investing guys!
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by mistahtom
3
STRBTC LongSTRBTC Long Swing Trade (D,240) As I could see currently HH sequence is building up and I am working with the 3rd touch of the Range, I can anticipate the target at the nearest resistance. But this is quite Risky trade I could sense some selling coming in before going long, the reason I entered the trade is on the bull eye view quote currency is weakening. That made my entry a little earlier. I would like to enter this trade once the candle close above the the present resistance at 0.0000441 5 Sats. Risk Management Entry: 0.0000405 TP: 0.00005764 Stop loss: 0.00003749 Position Size: 1% Risk on your capital/3.01 Risk/Reward: 1:2 If TP is hit then we will be at 29.7% profit. Buy from Sellers and Sell from Buyers.
SLong
by ReddyShyamShankar
1
Short the RippleExpecting a pull-back over the coming days as the Ripple had an amazing bounce from the 0.00001200's which gave back investors a decent chunk of there money. Personally I would stay away from the Ripple after it gets this hyped up. Pull-backs are inevitable so be aware if your still holding long and buying more. I have a feeling we will see bitcoin bounce back near the 18k range (currently @ $12,700) for the new year. When this happens I expect we will see a lot of money flow out of altcoins and back into bitcoin.
Short
by AaronX
STRBTC Market ReviewA daily summary of the previous day’s market activity and review of current state of market on Cryptos. Analysis Daily Time Frame read On the daily TF after the price breached the green ray we are in overall buyer’s territory. STR is not sober right now. No pullback from buyers, bulls are moving aggressively. I see no entry to buy now, I don’t like chasing the market if you chase you will die. Be patient and wait for the market to give opportunity to buy. 240H Time Frame read On the 240H after price breached the orange line we got some pull back as selling happened, we had a entry right above the orange line and broke the resistance and stays above. No trade atm and if we get a pull back to the nearest resistance i.e 0.000044 then by looking at the price action then I can enter the trade. Entries, Exits If price comes down to the nearest S&R i.e 0.000044 Sats then by looking at the price action there I can do a sell or buy. If price comes do slowly there is a chance for buy and if price comes down aggressively then there is less chance from me to buy unless and until I see further price action. Aggressive Entries and Stop loss If you are quite aggressive in nature and don’t want to lose few Sats then you can enter the trade once the price comes down to the nearest S&R i.e 0.000044 Sats. SL below the wick. Conservative Entries If you are conservative in nature then you can enter the trade one we get pullback to the orange line and then leaves a wick at the bottom, come up aggressively and then holds there for a bit and then making a miniature HH then you can enter the trade and SL below the wick or Green line. If price don’t come until there leave the trade let it go off, why buying so high. We need pullbacks to buy. Risk Management • If you are an aggressive trader you can risk 2% of your capital on this trade. Tight SL below green ray. Position Size should be calculated based on 2% of the capital/SL by Sats. RR should be at least 1:2; I am not specifying any targets as of now because the entry is speculative atm. HODL overnight not more than that because BTC market is speculative atm. • If you are a Conservative trader you can risk 1% of your capital on this trade. Wider SL below the wick under the green Ray. Position Size should be calculated based on 1% of the capital/SL by Sats. RR should be at least 1:2; I am not specifying any targets as of now because the entry is speculative atm. HODL overnight not more than that because BTC market is speculative atm. Trade Management • Remove 50% of your profit once you make 5% on your investment and make SL to ‘0’ (Aggressive and Conservative entries). Add few more position once you see a HH and struggling sellers in between the green ray and orange ray (Only conservative entries). What can go wrong with the market? If BTC have good strength then trade might go in opposite direction n only once or two candles and comes right back up thus stop hinting will
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by ReddyShyamShankar
STR LONG - a stellar future!Stellar lumens will go the distance in 2018! Honestly, anything under 50c for stellar lumen is a good deal. STR/XLM has the potential to be one of the biggest cryptocurrency in 2018. They have an amazing team with a product that is not only geared towards bringing financial services to the poor but is also slowly becoming the go to ICO platform. Anyways, I am still very bullish on lumens. As we've seen, xlm has pushed 1.8k sats without any news thus far and the only thing that is really holding xlm back is BTC's movement. Everyone is eagerly waiting that major market mover announcement and we all know that its coming early Q1 2018! If you look at the chart on a 1hr time frame, you can see that an inverse head and shoulders are forming (the right shoulder still needs time to finish forming). Regardless of this inverse head and shoulder, it will be pivotal that BTC is holding stable AKA sideway market. However, BTC's movement will not be of much importance if the major market mover announcement is announced. Anyways, the inverse head and shoulder formation is a bullish sign that can not be ignored. Hopefully BTC will be the bigger coin and let lumen rise. Last, this is, in no shape or form, investment advice. This is just my take on STR's chart. Happy investing guys!
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by mistahtom
Stellar - Pennant Pattern - 0.00003245 - 3845Hey traders! I want to share with you my Stellar´s analysis. It called my attention because in last few days it increased a lot its marketcap, breaking with a lot of force (I mean Volume) the top of its last channel, and finally, forming a pennant pattern (If you want to know more about this kind of pattern, please go to the end of this post). I also want you to notice how volume has been decreasing during the pattern formation, which exactly the way how volume confirms this pattern existance. If you want to enter to this market, I recommend you two things: First, wait for MACD´s inflextion point, which means the point where MACD change its direction (from down to up, I will try to update this post when that occurs anyway), and second, wait for a price bounce of the new possible tendency line (the white one). This bounce -and brekaout- must be accompained by a big volume increment. Those are exactly the criterions we have to keep in mind to confirm this pattern. If bounce doesn´t occurs, this analysis will not still being valid and we will have to wait for more market info. MY ORDERS BUYSTOP: 0.00002650 TakeProfit 1: 0.00003245 TakeProfit 2: 0.00003845 Remember numbers can vary depending on your risk profile and price expectations. The numbers I propose should be use as a reference :) Pennant Pattern - How does it works? Well, in first place you have to know this kind of pattern is a continuation pattern. It always has to be preceded by a big price movement (which is exactly what we can observe in Stellar's chart), and it is created like a little pause in the bullish -or bearish- movement (as you can see this a bullish pennant). Once it is broken, we can expect another big movement equal to the pole´s height. You have to know Volume is also an important indicator to confirm this pattern. When a pennant pattern formation is taking place, volume has to start decreasing, which is exactly what we can see. On the contrary, when the breakout occurs, Volume has to increase a lot. Are you interested in Technical Analysis? I recommend you the John Murphy´s book: Technical Analysis of Financial Markets. It is a great introductory book. Do you want me to analyze an specific coin? I'm all ears, please contact me :) If you find this analysis helpful, don't forget to follow, like and comment. I use to upload new analysis every day :)
SLong
by Juanchobanano
47
STR golden cross = long positionWe're in for the long haul with lumens. MACD and RSI still indicates a bullish market along with the golden crossover, which occurred a few days ago. The last time we had the golden crossover (MAY2017), lumen went ape shit and skyrocketed to an ATH of 4900sats. Hopefully we are able to recover soon from the bearing market that is btc correcting. This long overdue btc correction is necessary for the longevity of the cryptoworld. We are entering wave 5 of elliot's wave, which should take us up. Wave 4 had a massive correction from 1.8k to the high 1.2k sats. Wave 5 should be quite the distance because: 1) lumen is very bullish despite btcc rashing and 2) buy the rumor sell the news (everyone is anticipating the announcement of the major market mover soon). Target Price 1: 2528, this is based on fib as seen on my chart Target Price 2: 3400, this is based on previous resistance during may Target Price 3: 5000, if target price 2 is breached then our next target would be previous ATH Expect retracement after this last wave, so make sure to lock in your profits on the way up!
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by mistahtom
Stellar/Bitcoin Nice Level to Watch for LongsPrice in STRBTC is being trading above a previous key support zone having broken above the median line of an upsloping median line set. In a clear bullish context all we watch for is the level where we potentially enter a long trade. The best way to trade STRBTC is to wait and see if price will retest the median line. In such case going long with stop-loss below the support zone at around 0.0001165 is what we should plan. As for profit targets 0.0000180 is a very nice level to aim for
SLong
by Fxprotrader
Fast, Reliable and Inexpensive Transactions. That's Stellar!"The dial-up era of blockchain" - Ted Livingston, CEO of Kik . No it's not Stellar he is talking about, it's Ethereum! Fundamental When the IBM news broke on Stellar , I was all over it! And I regret not posting a trade idea on it earlier on as I have had it in my portfolio for a good amount of time now. But here we go, better late than never I guess! Fundamentally I look at Stellar with strength. Obtaining a partnership with IBM is no small deal. It's huge and the chart has proved so over the last couple months. News article here if you missed it! The guys at Stellar know how to prioritize and have a winning strategy. And very important, they can scale! The quote from start is interesting. Read article on Coindesk. It's the CEO of Kik and they have chosen to shift from Ethereum to Stellar . Recently their network passed rouchly 10k users and that's the limit that Ethereum could handle. Because of this Stellar was the way to go and that gives me even more faith in the tech. As I don't have the most technical understanding I need to rely on others actions and opinions. We also got Mobilecoin launching on Stellar. (With the creator of Signal!) Any rumours? It's not something with much to it . But Walmart has partnered up with IBM on using blockchain! There is absolutely nothing out about using Stellar. However, it's still a positive in my eyes. It's important to be connected to the right people, and it looks to me that Stellar is. Technical Stellars chart looks pretty nice! I see room for growth upwards if we can move out of my channel and pitchfork. Which looks very likely to me, but it has not happened yet! I believe we are in the last wave within the larger third wave. The target area I am looking at is between 0.33-0.34 USD (between my two 4.618 Fib levels). Unless fundamentals change drastically I would think we end up in a 4th wave correction. The last run from Stellar provided an amazing 4440% increase! The sad thing is we are very high in this run as well and I should have gotten this chart out much earlier. However, 4440% on current run would mean 0.495 USD! I'm not setting my target that high, but it could easily spike to that level. 0.5 should be a very decent resistance area. If we break upwards now I don't see much resistance before target area is hit . Maybe some at 0.26 USD but thats it :)
SLong
by Kryptokelly
26
STRBTCSTRBTC Short (Swing Trade) We are in overall buyer’s territory on the daily timeframe after we breached the green line. After we breached the orange line we are in sellers territory, the price is ranging for a while between the orange line and top of the previous range. I could see buyers are completely dead at the moment and sellers might switch. I have two targets set so, that price can reach that target from left 0.00000737 can be the 1st target and 0.00000527 can be 2nd target but I couldn’t able to confirm the second target as I could see few landmines after seeing the price action around (Below blue line I can confirm the next target). Risk Management is must kindly follow it. Entry: 0.00000895 TP 1: 0.00000737; TP 2: 0.00000529 Stop loss: 0.00000991 Position Size: 1% Risk on your capital/ 0.96 Risk/Reward (TP 1): 1:3, Risk/Reward (TP 2): 1:8 So, High RR. If TP 1 is hit then we will be at 21% profit. If TP 2 is hit then we will be at 69% profit. Buy from Sellers and Sell from Buyers.
SShort
by ReddyShyamShankar
2