BINANCE:XLMBTC   Stellar / Bitcoin
Nice run for BTC             , XLM             going back up. Healthy chart. BTC             and alts flipping again, lol. What a day. ( BTC             is the orange and white candles).
ADA following similar wave patterns.

Thoughts? Curious on other people's analysis? BTC             higher or lower in the next week? Next two months?

What about alts? Think they're gonna go bearish , or continued upward trend?
@Zeroface could you elaborate on the relationship between BTC and XLM?
Thanks
Antworten
Zeroface alfamir
@alfamir, Well, I always keep a second candle chart of BTC's movement, because it's price action can often mean there will be price action in alt coins. i.e. If BTC goes down, alt coins likely gonna pump. If BTC goes up, Alt coins likely to dump. That being said, in this particular instance, BTC had been holding it's value, and XLM looked like a healthy chart. It looked poised to go further today. Once BTC price today stabilized a bit we did see XLM and quite a few other coins go up as some folks used that as a moment to buy cheap alt coins. I mean.. XLM's price as are all alt coins for the most part are given value by their price in btc.. Though divergence in btc and USD value do happen often.
Antworten
Zeroface alfamir
@alfamir, Once BTC makes big moves up and the price stabilizes like it did today, it acts like a launch pad, man. If you look at the chart BTC and XLM straight look like they're dancing with eachother. Plus the newsish (rumors?) about FairX and IBM.. just looked ready to go up some more after a healthy dip in the pond.
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