TradingView. EN. TradingView. Sign In. STR-BTC. Stellar / Bitcoin (POLONIEX:STRBTC) ImadHadjAzzem POLONIEX:STRBTC Stellar / Bitcoin. Trend Analysis STR short. views. 0. 2. trendanalysis str short. My humble analyse to #STR please if . TradingView. EN. TradingView. Sign In. Ok, so BTC going up with BTC dominance crushing it. BTC following stock market but XLM is against the trend of alt selling atm. When we zoom out and witness the bigger picture, we have a more broader view on current STR/BTC (XLM/BTC) situation. After yearly bear market we witnessing the signs. A fast and easy way to analyze Cryptocurrencies Technical analysis gauges display real-time ratings for the selected timeframes. The summary for Stellar / Bitcoin is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Str btc tradingviewSTR-BTC for POLONIEX:STRBTC by ImadHadjAzzem — TradingView
Tracking the RSI over multiple periods help keep the faith that a return would still occur. Revising RSI indicators at 15 and Stoch RSI intervals, it was clear that the purchase should not have been made, and a sale should have occurred but didn't. The current upwards market trend as been taken up by NXT, so the push has been removed. Hopefully a second push will occur, but I feel this is a futile thought, and the trend will revert to the overall STR has been in a consolidation phase and resisted the recent market crash correction well only falling The recent propagation of STR into BTC addresses cause a drop in price so set stop accordingly but risk reward ratio is worth the trade in this case.
Buy zones: Sell I am an absolute beginner in charting, I am in a learning process therefore do not take into consideration any of my analysis please.
The stochastic is giving an interesting signal it seems it is oversold. Are we about to see a trend reversal? It seems that Stellar has found support, but maybe not. Lets see. Ther is a mayor resistance at around Satoshi. If the long term trendline continues and Stellar can breach that lvl, I think there is a possibility for a breakout up to around Satoshi. In case that even that level is surpassed, I think Stellar could try to reach the stars once again with all the fuel provided by those who just bought in to cryptocurrencies.
Conventional wisdom suggests that BTC is about to make new highs, see the altcoins doom before it, and hear the lamentation of their bagholders.
Just as it has always done in the past. I am not going to argue that this will not happen - on the contrary - I believe that this altcoin boom will see a major correction, leading to much panic and wonderful buying Videos only. Lorum ipsum test.
Use recurring patterns to help better predict movements. A New Trading Opportunity to Buy. TP3 hit with profit Looking at the 4hr chart so it might be worth it to put some in within this area marked in red.
BTC should do a relief rally from the massive drop. It is possible that the alts rally more and if XLM breaks the resistances it should go to sats in the short 1m-2m term. Look for entry points upon bounce from support, immeidate resistance clearing and penetrating MAs on lower TM.
It is only missing volume and you should be wary of BTC dump taking it down with it. If data is good, BTC should have room to go to around 9. It could go down to 8. If you have ever wondered is stellar lumens, sleeping giant finally waking up?
The answer would be yes without any doubts! After 1. Fibonacci is showing the way. Welcome to the crypto bubble. Nobody left trading alts vs BTC.
Nobody left yelling "alt season". All important traders are dead. No, not you with your 0. Take no offense, Alt markets are out of sellers and the algorithms Just from this chart you can observe so many fractal indicators that may suggest this.
For me it looks as if stellar is ahead with the formation of a double bottom within this small rectangular formation. Again I emphasize how closely these two move together. I am long XRP. Plotting possible bull cycles for Stellar, this is under the assumption that a death cross will bounce the price up as can be previously seen, which then led to a golden cross. It can be seen there consistently is an 'initial pump' which leads to a larger pump. Will this occur again?
If so I have plotted the initial pump on chart. Happy Trading! Technical analysis:.