I made this chart like 7-9 months ago. If it doesn't break that resistance, I think a major correction is coming. Debt default. w4r. who knows
Ive seen this set up many many times. Happens everytime it seems like. Keep your eyes on it.
There is no way to lie about it or act like it isn't happening. This is the most anticipated event in the financial system's history IMO. Just my thoughts. I made this chart a few months ago testing to see if I am right. Here it is so far. Best of luck to everyone! Hope it goes smoother than I think. Take with a grain of salt, I know nothing, nor should be...
Don't listen to me, I am probably wrong. But I saw a possible pattern in the longterm chart.
Something else to think about. Not everything is TA. No good or bad news has hit XLM. Where would be the rush to sell? The weight of BITCOIN and ETH is the problem. If XLM & XRP disrupt those two heavies, then anticipate them to go down. Money will have to be funneled to new projects. Don't be surprised when those two projects fall, also anticipate that...
Trade at your own risk. This is my personal reference point, to test if I am correct. All can change with certain news.