Se7enSkies

Se7enSkies

If doge sticks to this trading range and we consider the market cycle ends in May 2025, then the market top would be ninety five cents a piece, forming a double top and go into bear market from there.

Se7enSkies

Red area is a retired trading range. Say goodbye. ETH is fluctuating within a new trading range. This structure estimates that if the top of the cycle is May 2025, then a target of fifty five thousand dollars is possible for this asset. I have been posting a lot of unrealistic ideas about price target, so I thought to myself why not do one for ETH?!

Se7enSkies

I think LTC is trading within a gigantic ascending channel and it’s been long enough since price has seen the top of the channel. This target is extremely unrealities and over exaggerated, but I don’t think it is an impossibility. If the realistic valuation of a house in the middle of a desert is 50k and a bunch of dogs are selling those houses for 600k then I...

Se7enSkies

1) I can say with confidence that we’re headed to the first support line or target 1 2) I have not much confidence about target 2. 3) target 2 would only happen if ALT season starts and we go below target 1. 4) simple idea but important levels to watch.

Se7enSkies

Last night’s big thick giant red candle has everyone posting ideas about a long overdue correction. It might be, but I also want you to pay attention to bull market 2020 ascending channel structure that was met with a strong retest with a big giant red candle.

Se7enSkies

People are calling for a correction again because they’ve seen a big giant red candle. So far this looks like a healthy retest of the ascending channel that we broke out of.

Se7enSkies

I came across this ascending channel and I think it’s interesting to look at. While a 20 dollar valuation for XLM in 2025 is unrealistic, it is not impossible given the nature of crypto market.

Se7enSkies

1) we are sitting on an inverted H&S that started forming in May 2022. 2) with a structure like that, the tiniest target I can think of is no less than 28 cents a piece. 3) my other reason for believe we’re headed to 38-40 cents is that BTC is gonna push to 48k, and stabilize there giving way for the Alts to catch up. 4) XLM is not gonna catch by going to 17 cents...

Se7enSkies

1) XRP is following a perfect megaphone pattern 2) according to this pattern and the resistance level established in the last bull cycle in 2020 we might face resistance at $2 and I set my target for the pattern at 2 dollars a piece. 3) the two dollar resistance level is important, because if we break above this level then ATH is gonna be near.

Se7enSkies

In my last post about XLM, I pointed out that my sell target was around 38 cents. I still haven’t changed my target, but I was playing with the monthly chart and I just want everyone for a second to imagine a big giant green candle like this. A candle like this would be better than a thousand orgasms combined. The ascending triangle is drawn only considering...

Se7enSkies

I recently posted some ideas about XLM visiting 9.5-10 cents before the bull run. I looked at a few ideas from other traders and I changed my mind. I no longer see any signs of a bearish move to those levels or at least i hope so. I bought at exactly 12 cents (shouldn’t have been greedy and bought up at 10.5 cents.). My sell target is 38 cents and many might...

Se7enSkies

History is not repeating. History is rhyming. The mini bull cycle in 2020 was wave 1, the bear market wave 2. We are at the beginning of wave 3. And I think wave 3-4-5 all are happening by mid 2025. My target for the top is 161.8% of wave 1, which comes out to about $17.

Se7enSkies

1) DXY is clearly trading within a descending channel. 2) we got a pretty resistance ahead of us yet so important 3) just touching the resistance at 104.2 means breaking out of the descending channel. 4) a scenario where we meet this resistance and then a retest to the upper trend line of the channel and the continuation of growth, which is gonna send btc back to 32k.

Se7enSkies

If the support in my previous post doesn’t hold and btc decides to drop down to 32k then XLM will follow BTC and go down to 78.6% retracement level. I’m super bullish long term, but I’d rather buy either around 10.5 cents or 9.5 cents.

Se7enSkies

If btc continues to drop then XLM can find support on this trend line. If btc bleeds there’s a bother level of support that I’ll share in the next post.

Se7enSkies

This is not an idea. This is a warning for those who will be pulling their money out of Binance or start selling their crypto holdings because of CZ criminal case. The same thing that happened with Sam is happening here again. The terrorists in the American government are trying to manipulate the market, specially the people into selling their holdings. Right...

Se7enSkies

Good old support is acting as resistance now and a pullback to FWB:31K is gonna act like a spring that’s gonna send BTC back to 65k sooner than we expect. A very simple trend line yet so helpful and handy.

Se7enSkies

In my previous post I said I feel like it’s impossible for price to go back to below 10 cents. I take it back. If the first support level doesn’t hold, then we’re gonna head back to 9.5 cents. I’m gonna repeat for the 100th time, if BTC is headed for the 31k-32k retest, then there will be blood all over XLM which is gonna be good buy opportunity for long term...