XMR (Monero), XLM (Stellar Lumens), ZIL (Zilliqa) price action analysis by captainquenta

View this thread on steempeak.com
· @captainquenta · (edited)
$0.48
XMR (Monero), XLM (Stellar Lumens), ZIL (Zilliqa) price action analysis
_Please note: all charts being used for this analysis will have three separate charts on them. This is a form of MTF, or, Multiple Timeframe Analysis. In the Ichimoku Kinko Hyo system, this is a traditional way to utilize the entire system. For the purposes of this analysis, the Daily Chart, 4-hour Chart, and 1-Hour Chart are used. The Daily Chart is on the top left, the 4-hour Chart on the top right and the 1-hour chart on the bottom._


### Monero (XMRBTC)
![](https://cdn.steemitimages.com/DQmUGE44vp5CEALqxCsL4gEQASXAvLzLUcFbmVvzr4CZLmp/image.png)

It’s been a while since I’ve written anything about Monero – it’s had a bit of a difficult time ever since Zcash (ZECUSD) was listed on Coinbase (both Zcash and Monero are privacy coins). Recently, though, it’s been showing some clear signs of life. On the Hourly Chart (bottom), price is about to break above the Kumo Cloud – but we’ll have to see if the Chikou Span (black moving average) will be able to breach the bottom of the Cloud above it. The 4-hour chart (top-right) is impressive. Clear support being found against the bottom of the Cloud and the top of the Cloud. And currently price is finding support against the Kijun Sen. If price can just nudge a little higher toward 0.0134, we could experience a big drive higher with the Chikou Span being unhindered by any close resistance. And finally, on the daily chart (top left), we see price sitting outside of the cloud with the Chikou Span inside the Cloud. And there’s a considerable amount of distance between where the Chikou Span is at to the top of the Cloud. An easy target area would be the 0.014 value area.

### Zilliqa (ZILBTC)
![](https://cdn.steemitimages.com/DQmWcPhxaF8XKjtzt4ht5ZSwFLxvtVDGm8PTZb5KLpYtc5o/image.png)

Zillqa’s daily Ichimoku chart is ugly. I mean, that is a pretty red and dead looking chart. From the most recent swing high of 0.00000670 on January 27th, 2019 Zilliqa has dropped -31.49% to 0.00000459. But there is some hope here. The Chikou Span is currently just above the top of the Cloud and will more than likely find some support against the Cloud. The 4-hour chart gives little in the form of and near term bullish support, but the 1-hour chart does. On the 1-hour chart, we see very clear signs of congestion and consolidation. It won’t take much to have a legitimate breakout from this trading range. An entry above the most recent highs (0.00000475) would give the necessary conditions to take a long position. However, some traders would probably wait until an even higher price level is reached to at least the 0.00000477, which would bring price both above the highs on the 1-hour chart and it would bring price inside the Cloud on the 4-hour chart.

### Stellar Lumens (XLMBTC)
![](https://cdn.steemitimages.com/DQmPG87RA88aoPRpsmRcCRmSgaTeB1iwqonTP3bwND4r9WW/image.png)

There are very few cryptocurrencies in the world that have an actual product or service that is not only working and viable, but has a use case and has customers. Fewer still are working with corporations like IBM – but Stellar Lumens is. And so it might be surprising to see its chart. Hands down, out of all the cryptocurrencies I trade and hodl, XLM’s chart is the sorriest out of the bunch. I mean, the selling has been just consistent and strong. I used to trade small-cap biotechs, so this kind of price action and manipulation is nothing new to me. Quick word about manipulation: very, very few things are manipulated. Most of the time the word manipulation is used by traders as an excuse to blame something or someone else for their losses. Real manipulation that occurs by well capitalized groups or individuals is something you want. Because they are purposely trying to direct price to a lower and lower low in order to accumulate at a significant discount – all the while shaking out what we call ‘weak hands’. I call them ‘weak minds’. Anyway.

This drive down in Stellar Lumens has been strong and harsh – but the hourly and 4-hour charts show some changes are brewing. The hourly chart shows some bullish breakouts and bullish trading conditions. XLM has spent the most time above the hourly Cloud since November 18th, 2019. On the 4-hour Chart, The Chikou Span has moved above the Tenkan Sen for the first time since January 11th, 2019. And price is current sitting inside the 4-hour Cloud with some minor support being found against the bottom of that Cloud. The daily chart shows something very different. Price is quite a distance removed from the Kijun Sen, indicating a mean reversion trade setup. But the most important piece of technical data on XLMs charts is the volume on the daily chart: it’s huge. It’s the single largest volume day since September 23rd, 2018. We’re also within Gann’s 90-day cycle, which means violent and powerful trend reversals are coming for XLM. Basically, I am stupidly bullish on XLM in both the short term and the long term.
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 857 others
properties (23)
post_id70,201,142
authorcaptainquenta
permlinkxmr-monero-xlm-stellar-lumens-zil-zilliqa-price-action-analysis
categorybitcoin
json_metadata{"tags":["bitcoin","steem","money","prediction","cryptocurrency"],"image":["https:\/\/cdn.steemitimages.com\/DQmUGE44vp5CEALqxCsL4gEQASXAvLzLUcFbmVvzr4CZLmp\/image.png","https:\/\/cdn.steemitimages.com\/DQmWcPhxaF8XKjtzt4ht5ZSwFLxvtVDGm8PTZb5KLpYtc5o\/image.png","https:\/\/cdn.steemitimages.com\/DQmPG87RA88aoPRpsmRcCRmSgaTeB1iwqonTP3bwND4r9WW\/image.png"],"app":"steemit\/0.1","format":"markdown"}
created2019-02-15 20:56:27
last_update2019-02-19 13:18:15
depth0
children4
net_rshares1,114,341,517,428
last_payout2019-02-22 20:56:27
cashout_time1969-12-31 23:59:59
total_payout_value0.436 SBD
curator_payout_value0.040 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length4,917
author_reputation38,607,054,321,538
root_title"XMR (Monero), XLM (Stellar Lumens), ZIL (Zilliqa) price action analysis"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (921)
@steemitboard ·
Congratulations @captainquenta! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td>https://steemitimages.com/60x70/http://steemitboard.com/@captainquenta/voted.png?201902150602</td><td>You received more than 15000 upvotes. Your next target is to reach 20000 upvotes.</td></tr>
</table>

<sub>_[Click here to view your Board](https://steemitboard.com/@captainquenta)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



**Do not miss the last post from @steemitboard:**
<table><tr><td><a href="https://steemit.com/valentine/@steemitboard/valentine-challenge-love-is-in-the-air"><img src="https://steemitimages.com/64x128/http://i.cubeupload.com/LvDzr5.png"></a></td><td><a href="https://steemit.com/valentine/@steemitboard/valentine-challenge-love-is-in-the-air">Valentine challenge - Love is in the air!</a></td></tr></table>

> Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!
properties (22)
post_id70,202,797
authorsteemitboard
permlinksteemitboard-notify-captainquenta-20190215t213059000z
categorybitcoin
json_metadata{"image":["https:\/\/steemitboard.com\/img\/notify.png"]}
created2019-02-15 21:30:57
last_update2019-02-15 21:30:57
depth1
children0
net_rshares0
last_payout2019-02-22 21:30:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length1,176
author_reputation38,705,954,145,809
root_title"XMR (Monero), XLM (Stellar Lumens), ZIL (Zilliqa) price action analysis"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@cryptocoinkb ·
The drop in Stellar Lumens is really sad.  At these prices I can afford to accumulate quite a bit.  It would be interesting to hold a million of these tokens and see what happens in the next run up.
👍  , , , ,
properties (23)
post_id70,209,680
authorcryptocoinkb
permlinkre-captainquenta-xmr-monero-xlm-stellar-lumens-zil-zilliqa-price-action-analysis-20190216t002215088z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit\/0.1"}
created2019-02-16 00:22:15
last_update2019-02-16 00:22:15
depth1
children0
net_rshares15,626,237,919
last_payout2019-02-23 00:22:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length198
author_reputation115,699,993,175,020
root_title"XMR (Monero), XLM (Stellar Lumens), ZIL (Zilliqa) price action analysis"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (5)
@corte ·
very good post...
👍  
properties (23)
post_id70,249,271
authorcorte
permlinkre-captainquenta-xmr-monero-xlm-stellar-lumens-zil-zilliqa-price-action-analysis-20190216t203021275z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit\/0.1"}
created2019-02-16 20:30:24
last_update2019-02-16 20:30:24
depth1
children0
net_rshares336,647,919
last_payout2019-02-23 20:30:27
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length17
author_reputation37,248,699,217
root_title"XMR (Monero), XLM (Stellar Lumens), ZIL (Zilliqa) price action analysis"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@mxu111 ·
Based on your analysis, how high will Stellar Lumens tokens increase in the next few months?
properties (22)
post_id71,541,265
authormxu111
permlinkre-captainquenta-xmr-monero-xlm-stellar-lumens-zil-zilliqa-price-action-analysis-20190316t051736360z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit\/0.1"}
created2019-03-16 05:17:39
last_update2019-03-16 05:17:39
depth1
children0
net_rshares0
last_payout2019-03-23 05:17:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length92
author_reputation5,828,483,287,984
root_title"XMR (Monero), XLM (Stellar Lumens), ZIL (Zilliqa) price action analysis"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000