Another one... Like Cardano, Lumen has made you a lot of money if you've been following me. I predicted 75 cents last week and we stuck with it til about 90 cents or less. It's time for this to go down. The difference here is we know where it will go. The wave 2 corrected to a .328 retrace. So this is very likely to hit at least in the zone of a .5 with a sharp zig zag correction. From there, I'm definitely placing another long bid.
We're looking at at least a drop to 52 cents or lower, with an expected bounce off of the 55 EMA. If you can short, you can start doing it now.
We're looking at at least a drop to 52 cents or lower, with an expected bounce off of the 55 EMA. If you can short, you can start doing it now.
Trade active:
Short Active!
Comment:
Also, I highly do not recommend targeting those targets for you short LOL. those are longer term targets and should take 4 days to a WEEK to get to.
Comment:
Guys... When I make this predictions, I'm trying to HELP you guys. I will ALWAYS do my best to NEVER steer anyone in the WRONG direction. There are cases where I am wrong (and VERY wrong), but I'm always going to give you all my best work that comes with a lot of care and attention to detail. NOTHING in this market is unstoppable, you have to use common sense and say to yourself "hey, is this growing TOO fast?" Its already lost 23% and will continue to lose more. Is it all going to happen in a day? NO, but it's a downtrend! Downtrends have to take breaks too, so along the way down there will definitely be breaks upward.
This is just like Cardano, people think it's not going to fall, but WOW are they going to be disappointed.
Guys... When I make this predictions, I'm trying to HELP you guys. I will ALWAYS do my best to NEVER steer anyone in the WRONG direction. There are cases where I am wrong (and VERY wrong), but I'm always going to give you all my best work that comes with a lot of care and attention to detail. NOTHING in this market is unstoppable, you have to use common sense and say to yourself "hey, is this growing TOO fast?" Its already lost 23% and will continue to lose more. Is it all going to happen in a day? NO, but it's a downtrend! Downtrends have to take breaks too, so along the way down there will definitely be breaks upward.
This is just like Cardano, people think it's not going to fall, but WOW are they going to be disappointed.
Comment:
BOOM!!!!!!!!!! Target 1 was reached!
Alright guys, it's still TOO early, but this is where you start to look into long positions again! (Even though it may not go anywhere for a while, you would like to at least secure some low prices) Remember, I am still long on this for the longer-term.
Alright guys, it's still TOO early, but this is where you start to look into long positions again! (Even though it may not go anywhere for a while, you would like to at least secure some low prices) Remember, I am still long on this for the longer-term.
Trade closed: target reached:
BOOOOM! All targets reached!! :D Long position trade coming soon!
Comment:
Quick update, though. I think RDD just got me with the same thing. This is an alternate wave count. This drop was a little too bearish for me. If we break that support line on RSI, i will likely hold off on the long position. Lumen may correct for weeks.
Quick update, though. I think RDD just got me with the same thing. This is an alternate wave count. This drop was a little too bearish for me. If we break that support line on RSI, i will likely hold off on the long position. Lumen may correct for weeks.
Comment:
Taking the time to update ones that I haven't updated in a while. This was a little more difficult to find the pattern, so targets and waves on here may differ over-time. But I think we'll form somewhat of a triangle as we go along. From what I'm seeing, February may be a very big month for Crypto.
Taking the time to update ones that I haven't updated in a while. This was a little more difficult to find the pattern, so targets and waves on here may differ over-time. But I think we'll form somewhat of a triangle as we go along. From what I'm seeing, February may be a very big month for Crypto.
Look at this run guys. Straight line vertical. It NEEDS this retrace! But notice how the peak on the RSI is higher than the previous. AND that we have support around the Bullish line of RSI. This is indication of another BULLISH RUN! Can't wait for that one!