jaydee_757

XLM just had a CONFIRMED Bullish Stochastic Cross on the weekly!

Long
KRAKEN:XLMUSD   Lumen
XLM just had a CONFIRMED Stochastic RSI Cross on the weekly! XLM is basically copying the 2017 pattern to the T! In 2017, after we have that bullish Stochastic RSI cross, we increased over 2800% in just a week! We can see XLM have an explosive month. Expect to see huge spike in XLM this Month!

Reasons why I am bullish on XLM this year:
1. Just had a Bullish Stochastic RSI cross on the weekly.
2. They have speakers and are part of the Five Block Sponsors in the Consensus 2021!
3. Crypto Total Market Cap excluding BTC just had a Bullish Cross! (Check out chart below).
4. RSI is still way below ATH, meaning lots of room to grow!
5. XLM is following the Bullish Ascending Channel since it first started.

Check out the Altcoin season chart below (Crypto Total Market Cap Excluding BTC ). We are on the verge of another altcoin super cycle
Altcoin Season is just getting started!! BULLISH CROSS on weeky!

Bitcoin dominance will die down and Altcoins will take over!! Whales/bots/institutions will be moving their Bitcoin ( BTC ) into the Altcoins, meaning Altcoin Season is just getting started.

Money flows like this:
FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.

I have moved majority of my BTC and diverse them into different altcoin positions. (ETH, HBAR, GRT , XLM , XRP, NEO, SNX , BNT, BCH, ADA, LTC, NU, LINK, and ALGO are the some of the altcoins I am moving BTC too).

Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!

Good Luck!

Be fearful when others are greedy, and greedy when others are fearful! - Warren Buffet.

"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.