As you can see I'm between fractal of Dec pump or Jan pump. This is only my POV (not trading advice - do your own research): we are in a huge descending triangle and comparing black circle (fractal from January) we are doing a triple bottom pattern (bullish). We are also bullish with the fractal from December pump - because we are respecting the same timing: 41...
Just compare with my other chart. Until we don't have MA60 and MA99 under our candles we are going to dump... What do you think? All the best
Well at this point we will crash a little bit... I'm making a fractal from January's pump with a period of correction 35 days of maximum -50% from peak to peak (high and low). Perhaps we might correct it to $.31 during the next 35 days. Then we will manage to have a huge pump (+283% to $1,12) until 22/03/2021. Wish you all the best. Read my other...
First I really want to explain that, that at the beginning I couldn't understand why XLM pumped continuously last 13.02 /14.02. With XLM you always have to check their newsletter to "justify" any price increase on the chart (Bitbound, Ukrainian Government). Because this last pump we didn't have "significant volume" (peak) we can say that might be an effect of...
Everything is going as "predicted" on technical analysis. XLM "always" depends on their own press releases/newsletters to pump a lot but overall is still bullish. Reaching ATH is a real target ($.87) on this upcoming cycle and we should use FB retracement to see how long we can be. There are some predictions on XLM like 5USD in March 2021. I'm bullish but this...
Mixing several technical analyses (ascending channel, bull flag, 0, A, B, C) we aim next target of XLM to 0,65€ in a short term. Corrections (healthy and big) might be also expected because we are moving upward since 28.01.2021. This is only a chart to check if things will happen and it's NOT A TRADING ADVICE. Reminder: check the Stellar website (newsletter and...
I believe that we are on an ascending triangle and I don't know if we are going to breakout or breakdown. For both sides, you can see on the chart that you'll have + or - 50%. You can also see that we are being bearish on a short healthy correction toward point "d" of the ascending triangle. Bitcoin is all about this, bullish vs bearish. It can go either way. Take...
New ATH or test other levels below on an often corrective February? We are on the way to point "C" on this descending triangle that (until now) on a bull market is often breaking to the north side... In order to do that we must exit "immediately" because if we'll be going in the direction to point "D" we'll struggle with a lot of resistance. Maybe we'll know...
Be patient and read related ideas, also Q&A. NOT Trading Advise.
Give me your feedback, if you please.
Check related ideas first. Summing up: --> Pennant confirmed. --> Inverse Head& Shoulders on bottom of pennant. --> Volume is coming... Amazing this XLM.
no more description. read all on the related idea.
Is a triangle is bullish or bearish at this point? I don't care. We are a few hours to assist (on this 4h chart) a breakout and might see the moon at $.50. As you can see in all the big last moments of Stellar/XLM (p.e.: last +130% = Ukrainian Government Announcement) are connected with their own press releases. I've found out that they are announcing in January...
Just my point of view. NOT TRADING SIGNAL. In a few hours, we have confirmation (or not). The breakout above or under. Ascending triangle might promote this pump, but volume no.
Just to update my last chart (Trend is your friend: ETH). Eventually, was a "fake breakout" and we can still recover the "trend is your friend" (descending triangle with an entry from bellow) and hit $1680 (exit by north side). Just let see how do we cross these supports/resistances levels.