Closing of this daily in red would mean strong denial which can lead to correction.
Im saying its gonna be sh*tcoin rainy weather
Bulls seems to be impressed looking for parabolic curve to hold as long as possible. FOMO is strong too but technicals are telling me this is dangerous zone.
Im selling a bigger chunk (exactly 40% of my bag which I hold since 3xxx)
25% Ive allready sold on the way up since 5xxx ( With profit I was daytrading )
15% I will moove into altcoins 10% I will keep to sell in higher prices (We can still go as high as ATH or even higher up to 30K) 10% HODL
** This is not a financial advice so trade on your own risk **
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XLM+ its assets (MOBI/SLT/REPO/RMT) are my safe heaven for this turn
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That parabolic curve is still holding so far
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I see this as one of possibilities
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The reason why I think that Head&Shoulders pattern will play out is thoose rejected candles on weekly far over boilingers
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There it goes
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Now compare candles on 15D chart at previous peak during 2017/2018 and current situation