Se7enSkies

Se7enSkies

In the past 6-8 months every time I have published a bullish idea about XLM price has crashed vehemently with no shame in contradiction to all my ideas. So when you see an XLM idea on TradingView by me, it is in itself a signal to run away from this mad dog. On the other hand, I still think this scenario will play out. The price will not hit the highest trend...

Se7enSkies

A successful retest of the 2,070 - 2,080 level is gonna set Gold up for an explosive bull market. That’s the rational scenario, but markets tend to behave irrational so there’s that risk as well.

Se7enSkies

I’m comparing March 2017 to March 2024, because I have run out of bullish ideas and this is the last thing that comes to mind. Look at the chart in the comment to see the comparison.

Se7enSkies

Simple stuff. Support broken. Next support 63-63.5k. Potential server sal from the 63k support level if we do not break/close below it.

Se7enSkies

So everyone’s posting bullish posts agains because XLM has gone up one cent. I’ll just throw this out here…

Se7enSkies

Breaking out of this hell hole deserves a celebration, if the market doesn’t act irrationally like always and price doesn’t go back into the descending channel.

Se7enSkies

XLM has the potential to hit a ratio of 1:1 against XRP.

Se7enSkies

If btc dominance does not manage to break out of this descending channel and the resistance stands as it is, there’s a chance dominance will drop to the bottom of the descending channel giving the Alts some room for breathing.

Se7enSkies

If you’re bullish on Dxy, at least wait for it to clear this resistance level. Calling for 115 and 120 and 140 without technical evidence nor confirmation makes you sound no different than the Bitcoin moonboys.

Se7enSkies

47k is an important level to watch. A successful retest of this level means we will head to the 52k resistance level. a failed retest and a breakdown from 47k means we will see 45k again.

Se7enSkies

This is not an analysis. I’m just posting this chart to shit on those who are calling for an overdue crash. Since the end of the bear market, bitcoin has had four 20% corrections, but somehow there are still a bunch of halfwits who call themselves analysts, experts, and traders on trading view spreading their bs about a crash. Are you really that dumb and don’t...

Se7enSkies

DXY has 42 hours before the weekly candle closes as a shooting star. If the index does not fluctuate to the upside before the weekly candle closes, It could mean that a potential trend reversal is ahead. A single candle is not good enough of an indicator to predict market direction. I’m just sharing what I see and what it could possibly mean for the index. Even if...

Se7enSkies

I want you to see how there was an established ascending channel and then it broke the structure, but still after a long time it managed to get back into the ascending channel and continue the trend. I just feel like this market structure rhymes with what we are going through right now.

Se7enSkies

I just want to throw this out there and let people know that an ascending channel exists and while we may have gone below the ascending channel I thought it would be interesting to consider this scenario. I’m not predicting this will play out. It’s just an idea for entertainment. I’ll share another post after this and I want you to see how these two ideas rhyme...

Se7enSkies

This scenario is a possibility for the long term, but I have no evidence to support such a scenario. I just know the next few weeks are gonna be crucial for this idea to hold. DXY is headed for the resistance line of the descending channel and a breakout + a successful retest of the breakout will cancel out this possibility.

Se7enSkies

XLM has to go through lots of s***t to regain its dignity against BTC. The pair is currently trading within a descending channel. Upon confirmation of the bullish divergence on the weekly RSI and a breakout from the channel, I have set my sell target for the pair between 0.000014 and 0.000015

Se7enSkies

I just wanted to share what I’m seeing on the XLM/BTC weekly RSI chart. If I’m not mistaking a bullish divergence is forming on the weekly RSI indicated by the lower high forming on the RSI chart and the lower low formed on the price chart. Honestly we can only confirm if this is a bullish divergence if the RSI does not go lower and keeps rising from here.

Se7enSkies

The trend is your friend and the btc moon boys are your enemy. There’s not much going on here. A broken uptrend and a 48% as the initial target. I can’t say where we will be heading after 48%, I just know the trip from 53 to 48 is a good sign for the enslaved alt coins.