On the above 4-day chart is a ridiculous prediction. Nonetheless, the foundation is for lack for better word is, solid.
Price action has corrected almost 90% since the month of May 2021. A number of reasons now exist to be bullish. Those are:
1) The ‘incredible buy’ signal. Definitely not to be ignored on this time frame.
2) Price action now finds itself on the golden ratio at measured from the March 2020 lows to the highs of May 2021.
3) Let’s talk about this perfect Cup and Handle formation. Technically it is text book. The correction thus far is squeezing between the golden ratio and price action resistance. Eventually it will breakout, that’s your signal.
4) This is a 100x projection.
Is it possible for price action to fall full further? For sure.
Is it probable? An emphatic no.
Ww
Type: trade Risk: <=6% of portfolio Timeframe: 6 to 12 months, seriously. Return: 100x
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The time is now.
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Daily BTC pair below. May 2020 was the last time this signal printed. I'm not holding this, ask for updates below.
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Edit: November, not May.
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A very good moment to open a long position for this trade.
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Can't stress enough how powerful those double buy signals are on the 3/4-day charts. Don't look a gift horse in the mouth.
4-day XLM/BTC pair
Same signal on MATIC back in the day when no one heard of it on the 3-day.
Will create a new list to share on those high time frame BTC pairs for special followers ;)
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Read the last update. 50% jump in price action followed. This time has returned. Close swing trades if you've got them open. Just like the last update buying was the last thing on anyones mind, this is how the 5% take money from everyone else. Will you join the 5% this time round?
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GRM support confirmed
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A fantastic confirmation of support here. From here on the big picture begins.
A day in the future will come that compels you to utter one of two refrains:
1) By what stroke of fortune did I emerge as an early adherent, unyielding in my conviction?
2) Alas, why did I falter in my resolve, seized by an indefensible omission of action?
2-day
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Strong support confirmation.
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A move to 22 cents should be expected in the weeks ahead.
2-day chart
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As with the XRP idea, considerable breaks of market structure. Will re-visit idea at 6 cents.
XLM will be big !! They have done A LOT of work behind the scenes !!
without_worries
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@Dangermousebanana, Thank you! I've actually no idea what they're up to. Was my first alt-token back in 2016!
beautybit
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@without_worries, I was the same way - just bought XLM and held or bought a little, sold a little, and just assumed XLM was still in beginning phases like most other tokens. A few months ago, I started paying more attention to what all they have done towards real world application and use and I was blown away. Just check out Lobstr Wallet, Stellar.Expert, sdexexplorer.com and more. You can do it just about everything with Stellar deposit, withdraw, buy, sell, trade ... lightning fast and cheap and not just crypto. IMO this asset is way undervalued.
without_worries
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@beautybit, Thanks for sharing, certainly worthy of attention. Are smart contract enable I wonder? Ethereum is toast if that happens.
quantumandre
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@without_worries, yes, they are launching their own Soroban smart contracts platform. Do you believe the trend reversal is near?
without_worries
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@quantumandre, That's interesting, please share a link if you have one.
HA candles are certainly printing trend reversal signals. 4-day chart below. These large targets, whilst hard to believe, are much more to do with the significant collapse in the dollar down the road rather than the assets themselves increasing in value.
quantumandre
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@without_worries, my comment gets moderated when including a link. Check their official website. Soroban is built on WebAssembly and people can already start playing with it and build their contracts. Chart-wise, there is a multi-year ascending triangle forming, we are near the bottom of wave C. Not sure I understand your last comment. DXY looks bullish long-term. Do you think we can brake the triangle based on the fundamentals?
pugsan
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@without_worries, Hey, my friend. Could you post an update, please? I'm very confident with my XLM holdings, but love your ideas. I have the high probability chart on your Patreon, but would love your latest opinion if you have the time. Thank you!