Cyclic repetition; 2nd cycle will take longer to complete and be more impulsive due to new players and money in the market, not looking for ATHS here, just a nice bounce to accumulation zone below the Green line but expect to see a hard bounce above it before hand due to the nature of this coin.
upside potential always possible if we break of this current pattern on (B) in which case the sky is the limit - will we see it in May?
chart has a sarcastic twist but has been drawn up to what i believe is playing out here, despite the field consensus generally being LONG alt coins here im happy to go against the grain and slap up a nice short chart to get that hopium cleaned off peoples gauzes.
Enjoy! Basil
upside potential always possible if we break of this current pattern on (B) in which case the sky is the limit - will we see it in May?
chart has a sarcastic twist but has been drawn up to what i believe is playing out here, despite the field consensus generally being LONG alt coins here im happy to go against the grain and slap up a nice short chart to get that hopium cleaned off peoples gauzes.
Enjoy! Basil
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Progress update, currently in wyckoff
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Coming along nicely; expecting a bounce soon so could open a quick long
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added some here
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missed opening a counter trade to catch that pump but no worries as it was fully expected!
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Watch this triangle break into oblivion;
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added to my short on that monster fomo pump, lovely job.
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Positioning still open - str holding itself here likewise to btc
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Predicted outcome looking at current price action and bitcoins usd pairing
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Loaded up more shorts
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H&S formation shown after multiple breakout attempts
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Still in ramen zone; btc is dumping but stellar has been held here. put two and two together and logic prevails
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broke out last night with quite a large pump. held position; update with waves and S/R;
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Witchcraft from the Tacosaurus
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Looks like Lumens have had a bad day, much blood to come
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^ updated original chart with the (B) finishing on the extended top i didn't account for; plus the C being longer and more depressed with some flatlining inbetween
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hell i might even go full retard and call this pretty white harmonic figure my close price. i cant buy a lambo nor my groceries with stellar lumens
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nothing to see here, just a parabola backwards for Banter. no TA involved! correct chart.
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Holding tight Here and not closing just yet. aiming for area in grey lines due to fib retracment and support
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Green line is possible pump up zone
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checking 8hr charts the price has actually already wicked up to here, abort ship
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First update in a while, had a while away from the screens and upon returning i like what im seeing. we have the repetition us humans love forming slowly. following on from my original chart where we have bounced 3 times off the first buy point the rsi isnt looking great and a dirty wedge is forming. July will bring us near to the end of the wedge.
www.tradingview.com/chart/b424mMlV/
www.tradingview.com/chart/b424mMlV/
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Trade Going well, stellar dumped hard to rebound very quickly before coinbase news was announced, typical crypto ... anyhow, im loading more here at the top of this triangle and taking the coinbase hype with a pinch of salt and slice of lemon. need to up my FA game.
Trade Going well, stellar dumped hard to rebound very quickly before coinbase news was announced, typical crypto ... anyhow, im loading more here at the top of this triangle and taking the coinbase hype with a pinch of salt and slice of lemon. need to up my FA game.
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Stellar is one of the only coins to hold its ground this strong, respecting the first cycles peak as support for some time. im watching the same triangle as the last chart but also the fib levels here, i will add to my short position on a break to the downside, and turn to a long if it breaks up. EZ
Stellar is one of the only coins to hold its ground this strong, respecting the first cycles peak as support for some time. im watching the same triangle as the last chart but also the fib levels here, i will add to my short position on a break to the downside, and turn to a long if it breaks up. EZ
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Taking one for the team and loading more on that yellow line from the main chart which just so happens to coincide with the bottom of the ''pennant'' as i have seen many call it on here. we have fallen through trending support and it has turned to resistance; looking at more mature coins we can confirm this will most probably be followed by a move to the downside;
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Eating tacos while waiting to see big red dildos and not get in trouble for it
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1D line break (3) Much mewn
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Stellar went on a strong run following ripple and im sure alot of positions got squeezed during this pump. looking for small position trades in these zones of increased volatility; using smaller time frames to distinguish support and get on the boat early.
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3730 needs to break here for upside movement, or is 3670 falls through we will see more downside to initiate more support
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original pattern fell through but finding support here just about. check out the similarities between the last dump
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boom lets see how this plays
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Alternative target for anyone following if stellar breaks through the current swing high:
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Broken out on my favourite timeframe
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Nice pump yesterday from stellar, didn't quite get where we were hoping too however percentage is percentage, will be looking closely for another short entry in upcoming days
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some short orders could be pulled at resistance 3944 sats
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Boom wicked up to 3944 shorts open
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Damn girl why u so scared of heights? on it like kylie in swimwear
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Jed squeezed us hard so we must keep fresh shorts open long time.
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Horizontal Trendline in main chart looks set to fail soon
Trade closed: target reached